Microsoft + Bitcoin Lightning Network. Decentralized Identity proof of concept to be shown off at Consensus 2018. Seems big

I'm not sure why this is flying under the radar. This seems extremely bullish for bitcoin.

At the Consensus event – Wednsay 16th at 9:10am Microsoft will be presenting the following:

"DECENTRALIZED IDENTITY FOR A DECENTRALIZED WORLD

Empower users to own and control their Identity. In this session Microsoft, along with Sovrin, Blockstack and uPort will share why we need Decentralized Identity. We will share proof of concept from first set of proposed standards and challenges ahead with a decentralized identity experience for everyone and everything."

The idea behind this is for people to own their own identity (and property) information rather than having corporations holding your details and having to verify every user. This is an extremely big industry and costs user and corporations heaps in security, verification processes, customer service etc..

I believe this is going to be built [primarily] on the bitcoin lightning network. Microsoft have already released the following:

"To support a vast world of users, organizations, and devices, the underlying technology must be capable of scale and performance on par with traditional systems. Some public blockchains (Bitcoin [BTC], [E TH], [L TC], to name a select few) provide a solid foundation for rooting DIDs, recording DPKI operations, and anchoring attestations. While some blockchain communities have increased on-chain transaction capacity (e.g. blocksize increases), this approach generally degrades the decentralized state of the network and cannot reach the millions of transactions per second the system would generate at world-scale. To overcome these technical barriers, we are collaborating on decentralized Layer 2 protocols that run atop these public blockchains to achieve global scale, while preserving the attributes of a world class DID system."

Source: https://cloudblogs.microsoft.com/enterprisemobility/2018/02/12/decentralized-digital-identities-and-blockchain-the-future-as-we-see-it/

Clearly bitcoin is way ahead with second layer solutions (lightning network) and will therefore be the strongest candidate to run this system.

Verifying this, the lead microsoft developer, Daniel Buchner, tweeted this morning;

"I was intro'd to Bitcoin in early 2011 by a good friend at Mozilla. That year I started working on a proposal called Firefox Handshake, a vision for decentralized apps/comms based on Bitcoin-anchored decentralized IDs

Now, in May 2018, we're at the tipping point of inevitability"

source: https://twitter.com/csuwildcat/status/995796810827517952

When Microsoft releases this on the bitcoin network it will boost community and institutional confidence that bitcoin is still the leader in crypto development and has the strongest and most distributed blockchain.

Daniel's tweet hints that this system is close to being released

TLDR: Microsoft will soon release a decentralized identity system which will likely be built on the Bitcoin Lightning Network.

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Bitcoin – The Currency of the Internet

Erik Voorhees: “Roger – please stop referencing me to back up your opinion that Bitcoin Cash is Bitcoin. It isn’t. Bitcoin is the chain originating from the genesis block with the highest accumulated proof of work. The Bitcoin Cash fork failed to gain majority, thus it is not Bitcoin.”

Erik Voorhees: “Roger - please stop referencing me to back up your opinion that Bitcoin Cash is Bitcoin. It isn't. Bitcoin is the chain originating from the genesis block with the highest accumulated proof of work. The Bitcoin Cash fork failed to gain majority, thus it is not Bitcoin.” submitted by /u/eragmus
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Bitcoin – The Currency of the Internet

PR: Decentralized Exchange Decoin Launches Its Initial Coin Offering – Profit Sharing by Proof of Stake (news.bitcoin.com)

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release.
Decoin is proud to announce after months of build-up their Initial Coin Offering (ICO) is now officially live!
Decoin is a decentralized coin and trading platform exchange that…

Bitcoin

Nick Szabo and Hal Finney have to be Satoshi Nakamoto, strong circumstantial proof. Does anyone remember Nick’s blog comments??

Disclaimer: First, let me preface this post by saying I believe Satoshi should stay anonymous. I would never want this to be confirmed, as this is pure speculation (which is fun and what we Bitcoiners naturally do). Satoshi has created something wonderful for the world and has for the first time given us freedom and a choice of currency. He should remain anonymous if he wishes. Take this post with a grain of salt, as there is no hard evidence, only pure speculation, and conjectures.

I've gone through the original Cypherpunks that could possibly relate to the Bitcoin project, Adam Back, Wei Dai, Hal Finney and Nick Szabo. The more research I've done, the more increasingly clear it has become that Nick Szabo either is Satoshi or part of the Satoshi team.

Here is my circumstantial evidence: (Due to the auto-moderator, I cannot name Nick Szabo's original project as it thinks it is a discussion not about Bitcoin, so I will refer to it as "the predecessor to Bitcoin".)

  1. Nick Szabo has played with the idea of "the predecessor to Bitcoin", which is a precursor to Bitcoin. They are near identical in terms of technology and ideology. He has thought about "the predecessor to Bitcoin" since 1998!

  2. In 2005 Nick Szabo had a blog post where he asked if anyone wanted to help code up his "the predecessor to Bitcoin" idea. Like I said, that was back in 2005! Bitcoin white paper came out in 2008! That is plenty of time for two highly intelligent computer programmers to come together and implement the idea of "the predecessor to Bitcoin". Perhaps Wei Dai helped with this as he is a master C++ programmer.

  3. The comments on Nick Szabo's blog! I was fascinated by Satoshi's identity a few years back, and I was researching Nicks blog posts. I don't know where this was exactly, and I cannot for the life of me find it again. On one of his original blog posts, they were talking about the naming of "the predecessor to Bitcoin". There was a user that responded to the post and commented: "what about Bit Coin?" This comment predated 2007, but I don't recall the exact year. I specifically remember the comment because of how they spelled Bitcoin "Bit Coin". I cannot find it anywhere though. Also, it appears Nick has removed comments from the blog, and retroactively changed the dates on his "the predecessor to Bitcoin" blog posts to make it seem like it was right before the release of bitcoin December 2008, instead of 2005, when it was actually posted. On his original "the predecessor to Bitcoin" post, Hal Finney commented on it offering a hand, and keep in mind Nick and Hal Finney have borrowed tech from each other for years.

  4. Nicks radio silence. He was so deeply involved in "the predecessor to Bitcoin" at this point (wanting serious help to code up "the predecessor to Bitcoin" back in 2005) he should almost have a final product by 2008. Why was Nick so silent with Bitcoins release? It implemented so many of his ideas yet he was nowhere to be seen? His work of the last 3 years is squandered by Bitcoin but he says nothing.

  5. Nick and Satoshi mentioned each other's existence very similarly. Nick only once mentioned Satoshi (before he disappeared) by saying" Satoshi Nakamoto has implemented BitCoin which very similarly uses a dense Byzantine fault-tolerant peer-to-peer network and and cryptographic hash chains to ensure the integrity of a currency." and Satoshi only mentioned Nick once. Satoshi didn't even reference "the predecessor to Bitcoin" in the Whitepaper even though they are obviously similar. Only later did he mention Nick very briefly in one post. To me, it seems like Nick and Satoshi tried to distance themselves from each other as much as possible. Nick only briefly acknowledging satoshi so as not to seem suspicious, and Satoshi was doing the same.

  6. There was a very small group of people in the digital cash space. What are the odds that some random person that nobody knew in that very niche space created the most sophisticated digital currency out of them all that solved the Byzantine generals problem? Now, with Hal and Nick being in that niche space and seriously developing "the predecessor to Bitcoin" since 2005, and with Nick being silent and extremely neutral on Bitcoin on its release and no longer interested in "the predecessor to Bitcoin", it seems obvious who satoshi is. Especially with Hal being the first bitcoin receiver and Nick disappearing after bitcoin releases and changing his "the predecessor to Bitcoin" blog dates, and then well after Satoshis gone, he publicly comments on Bitcoin, and very positively at that. Why did it take him 3 years to do so? He was heavily invested in that space well before bitcoin.

Now with all of that being said, what seems more plausible? Digital cash newbie Satoshi Nakamoto comes out with this thing called Bitcoin and it blows everyone elses digital cash attempts out of the water, or Hal and Nick was developing the predecessor to Bitcoin since 2005? Nick disappears when satoshi comes around, Satoshi disappears when hal gets ALS? Nick comes back in 2011, after the waters have settled and finally positively, openly talks about Bitcoin, his own project. There are far too many coincidences and connections between these three people. To me it seem very possible that Satoshi was Nick and Hal.

There is a lot more to it. This post is already too long. Nick has had a Freudian slip during a podcast, stating: "I originally designed Bitcoin- i mean gold…" as well. Not to mention, Dorian Satoshi Nakamoto lived near Hal. To me, it seems like Hal used him as a drop (faking identity online) and controlled some or all of the Satoshi persona. Not to mention forensic analysts found similarities in Nicks and Satoshis writing-style.

TL;DR Nick thinks of "the predecessor to Bitcoin" in 1995, wants serious help to code it up in 2005, Hal Finney comments offering help and a user comments naming it "Bit Coin". 3-4 years later Bitcoin comes out, Nick Szabo is silent even though he has been seriously working on an identical idea since 2005. Hal Finney offered help with "the predecessor to Bitcoin" and he happens to be the first Bitcoin transaction recipient years later. Satoshi disappears when Hal is diagnosed with ALS as well, and then Nick Szabo… reappears and starts finally talking about Bitcoin officially.

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Bitcoin – The Currency of the Internet

Delicious Proof that Roger Employs Sockpuppets!

Roger has said on several occasions, very loudly and sometimes while waving his middle finger at the camera, that he absolutely does not employ sockpuppet accounts of any kind.

Besides his failed 'feed the birds' project that let anyone on his website pay others to be twitter sockpuppets, it's been hard to pin him down to actually employing them, until now.

After writing a particularly slanted article about Slush's AsicBoost news over the weekend, Bitcoin dot com news writer Jamie Redmond got called out by Bitcoin Magazine's writer Aaron van Wirdum on Twitter:

https://twitter.com/AaronvanW/status/977964052193468421

After Aaron called Jamie's source "misinformed noise," Jamie took it as an insult and exited the argument quickly, only to pick up the conversation as a sockpuppet called 'Jonathan Herringbone.'

During that parlance, Jamie then forgot to switch his account back to Herringbone's for one response, and answered as himself, talking about himself in the third person to continue the argument:

https://twitter.com/AaronvanW/status/978458647490646016

To make matters worse, Jamie then deleted his post, but not before the Internet Archive took a snapshot of it:

http://web.archive.org/web/20180325235159/https:/twitter.com/jamieCrypto/status/978054447984082944

Jamie then Blocked Aaron, and followed up on the thread by claiming that he is under attack, and that Aaron is fabricating evidence against him:

https://twitter.com/AaronvanW/status/978676364407660545

This is Roger's Senior writer at his newsdesk, clearly an employee. If Roger wants to keep claiming he never employs sockpuppets, he'd now have to fire Jamie.


Note: The stupid auto-mod removed the first attempt at this post because I typed a single word referring to bee-cee-h's coin's name. The automod needs an upgrade asap!

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Bitcoin – The Currency of the Internet

Delicious Proof that Roger Employs Sockpuppets! (reddit.com)

Roger has said on several occasions, very loudly and sometimes while waving his middle finger at the camera, that he absolutely does not employ sockpuppet accounts of any kind. Besides his failed ‘feed the birds’ project that let anyone on his website pay others to be twitter sockpuppets, it’s been hard to pin him down to actually employing them, until now. After writing a particularly slanted article about Slush’s AsicBoost news over the weekend, Bitcoin dot com news writer Jamie Redmond…

Bitcoin

Here's proof that this bitcoin crash is far from the worst the cryptocurrency has seen

Panicking that the bitcoin bubble has finally burst? The popular cryptocurrency actually has a history of surviving crashes, and in its short life has already been through 13 major corrections or crashes. That's according to an analysis by data visualization site HowMuch, which compiled all of bitcoin's …
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