I’m pleasantly surprised that there is now so much activity on Lightning that my own little node is now routing more than $10,000/month. I don’t have any idea what these transactions are related to. I’m getting paid 0.25% for routing.

I'm pleasantly surprised that there is now so much activity on Lightning that my own little node is now routing more than $  10,000/month. I don't have any idea what these transactions are related to. I'm getting paid 0.25% for routing. submitted by /u/Bitcoin_21
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Bitcoin – The Currency of the Internet

Nothing special. Just Satoshi Nakamoto casually forecasting what a stupid idea Bcash would be in 2010…

"If the second version screwed up, the user experience would reflect badly on both, although it would at least reinforce to users the importance of staying with the official version. If someone was getting ready to fork a second version, I would have to air a lot of disclaimers about the risks of using a minority version. This is a design where the majority version wins if there's any disagreement, and that can be pretty ugly for the minority version[…]."

https://bitcointalk.org/index.php?topic=195.msg1611#msg1611

submitted by /u/pavelos030
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Bitcoin – The Currency of the Internet

The story of Hal Finney, an extraordinary cryptographic activist (main contributor to PGP), and his idea of “Reusable Proofs Of Work”. He was also one of the first Bitcoin users (downloading Bitcoin on the day it was released), receiving the first Bitcoin transaction ever from Satoshi him/herself!

submitted by /u/TillAntonio
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Bitcoin – The Currency of the Internet

Bitcoin’s White Paper Is Not a Bible – Stop Worshipping It – Samson Mow attempts to remind us the original post to the cypherpunk mail-list was to seed awareness among a intellectual group of hackers who might help improve an idea, not to provide a project scope or precise roadmap

https://www.coindesk.com/bitcoins-white-paper-is-not-a-bible-stop-worshipping-it/

Many people acknowledge October 31 2008 as the “birth” of Bitcoin by way of the white paper. These individuals are not recognizing the birth of the first block itself, but simply the birth of the idea being made by way of a public announcement to gain critical opinion and possibly further developmental support. A few clever people took his bait.

Mow writes a good summary as to why Satoshi's idea as described on 9 pages is not a technical scope document of a major software project and this difference is helpful by providing clarity and understanding.

The actual source code for the pre-release version came out November 16 2008, and version 0.1.0 on January 9th, 2009, after the Genisis Block was created. Satoshi himself stated his code began development at least 1.5 years prior.

submitted by /u/kaells
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Bitcoin – The Currency of the Internet