Dear CoinEx users:
For a long time, Bitcoin Cash (BCH) community has been trying to explore ways to implement the smart contracts on Bitcoin Cash Blockchain without changing the consensus rules. Lately, Wormhole (WHC) has made it possible to implement the smart contracts on BCH through the OP_RETURN opcode based on the Omni Layer protocol. About Wormhole (WHC)
Official website: http://wormhole.cash/
White paper: http://wormhole.cash/whcwhitepaper.pdf
Explorer: https://wh.blockabc.com/mainnet/whc
Existing WHC: https://www.viabtc.com/bch/address/1111111111111111115KMYP7R278
For a long time, Bitcoin Cash (BCH) community has been trying to explore ways to implement the smart contracts on Bitcoin Cash Blockchain without changing the consensus rules. Lately, Wormhole (WHC) has made it possible to implement the smart contracts on BCH through the OP_RETURN opcode based on the Omni Layer protocol. About Wormhole (WHC)
Official website: http://wormhole.cash/
White paper: http://wormhole.cash/whcwhitepaper.pdf
Explorer: https://wh.blockabc.com/mainnet/whc
Existing WHC: https://www.viabtc.com/bch/address/1111111111111111115KMYP7R278
Bitcoin is an incentive model. As it states in the white paper, if a greedy attacker is able to assemble more hash power than all of the honest nodes, that attacker still has to choose between defrauding people or getting paid to validate transactions. This works because the protocol does not change. This is very specific. The incentive model of a blockchain does not allow protocol change.
Very simply, any time a new addition is made to the protocol, that splits the network. All of the old systems, all of the SPV nodes, all of the people using bitcoin continue on the original protocol. In telling people that they need to update their software so that they have the new protocol developers are misleading people into switching from bitcoin to another system. This is why the 51% attack is not a problem. Even if an attacker gains 51% of the network, the best they can do is spend their own transactions or others that they are involved with a second time. In doing this they have also left an immutable evidence trial. This is admissible in law.
CSW
Mar 6, 2019
https://metanet-icu.slack.com/archives/C5131HKFX/p1551866901779900?thread_ts=1551866901.779900&cid=C5131HKFX
Very simply, any time a new addition is made to the protocol, that splits the network. All of the old systems, all of the SPV nodes, all of the people using bitcoin continue on the original protocol. In telling people that they need to update their software so that they have the new protocol developers are misleading people into switching from bitcoin to another system. This is why the 51% attack is not a problem. Even if an attacker gains 51% of the network, the best they can do is spend their own transactions or others that they are involved with a second time. In doing this they have also left an immutable evidence trial. This is admissible in law.
CSW
Mar 6, 2019
https://metanet-icu.slack.com/archives/C5131HKFX/p1551866901779900?thread_ts=1551866901.779900&cid=C5131HKFX
At the time, wiki wanted to remove the page. There wasn't anything good that had been published detailed and described bitcoin other than the white paper. Wiki requires referencing, and the only thing I could find to try and link it to is what's in that reference there. In that, people take away the wrong concept.
if you look at the start of the posts
https://bitcointalk.org/index.php?topic=342
What you end up seeing is that they planned to remove the Wikipedia article on BitCoin. Wiki does not allow primary sources affiliated with the program and what it had from the original article was considered insufficient
https://web.archive.org/web/20100131101355/http://en.wikipedia.org:80/wiki/Bitcoin
This was updated and links to other concepts were included
https://web.archive.org/web/20110204060119/http://en.wikipedia.org/wiki/Bitcoin
You see this in the 2011 version of wiki where it mentions that comment.
The later article even mentioned Luke's boondoggle tonal idea.
https://web.archive.org/web/20120404154608/https://en.bitcoin.it/wiki/Tonal_BitCoin
It's not easy for me to be nice to stupid ideas. I needed people to start using bitcoin and the simple answer was that I did my best to ignore the stupidity and try and encourage any use.
CSW
Apr 9, 2019
https://metanet-icu.slack.com/archives/C5131HKFX/p1554801967497000?thread_ts=1554795967.488800&cid=C5131HKFX
if you look at the start of the posts
https://bitcointalk.org/index.php?topic=342
What you end up seeing is that they planned to remove the Wikipedia article on BitCoin. Wiki does not allow primary sources affiliated with the program and what it had from the original article was considered insufficient
https://web.archive.org/web/20100131101355/http://en.wikipedia.org:80/wiki/Bitcoin
This was updated and links to other concepts were included
https://web.archive.org/web/20110204060119/http://en.wikipedia.org/wiki/Bitcoin
You see this in the 2011 version of wiki where it mentions that comment.
The later article even mentioned Luke's boondoggle tonal idea.
https://web.archive.org/web/20120404154608/https://en.bitcoin.it/wiki/Tonal_BitCoin
It's not easy for me to be nice to stupid ideas. I needed people to start using bitcoin and the simple answer was that I did my best to ignore the stupidity and try and encourage any use.
CSW
Apr 9, 2019
https://metanet-icu.slack.com/archives/C5131HKFX/p1554801967497000?thread_ts=1554795967.488800&cid=C5131HKFX
Follow up with Quotes
Dr. Craig Wright awarded USA Copyright for Bitcoin White Paper
The USA Copyright office has awarded Dr. Craig Steven Wright the copyright for the original Bitcoin whitepaper, which Dr. Wright originally published online in 2008 under the pseudonym Satoshi Nakamoto.
The copyright was awarded after the Copyright office was presented with the concrete proof that Dr. Wright was indeed the author of the seminal paper which started the Bitcoin revolution.
In addition to the original Bitcoin whitepaper, the USA Copyright office awarded Dr. Wright the copyright for most of the original Bitcoin code (version 0.1).
The copyrights can be found here.
U.S. copyright registration no. TXu 2-136-996, effective date April 11, 2019, for the paper entitled Bitcoin: A Peer-to-Peer Electronic Cash System, with year of completion 2008. The registration recognizes the author as Craig Steven Wright, using the pseudonym Satoshi Nakamoto.
U.S. copyright registration no. TX-8-708-058, effective date April 13, 2019, for computer program entitled Bitcoin, with year of completion 2009 and date of first publication January 3, 2009. The registration recognizes the author as Craig Steven Wright, using the pseudonym Satoshi Nakamoto. Wright wrote most of version 0.1 of the Bitcoin client software, and the registration covers the portions he authored.
Wright originally come out as the creator of Bitcoin in 2016, and provided proof to several people, including Gavin Anderson former lead developer of the Bitcoin project. However, the Bitcoin Core (BTC) group, who had commandeered the Bitcoin project, led a successful smear campaign against Dr. Wright.
The group had twisted the original vision of Bitcoin by stifling scaling attempts and creating secondary settlement networks, like the Lighting Network, which take transactions off chain and away from what Bitcoin was meant to be.
It was this bastardization, twisting and crippling of Bitcoin that turned it into what BTC is today. This pushed Wright to lift the Satoshi Nakamoto veil for good.
Dr. Wright explains, “When I wrote the bitcoin Whitepaper, I uploaded it on the bitcoin.org domain so that people would start understanding bitcoin. I've come to understand that few people if any of taken the time to understand what is written in this paper so I have formally published it and registered it with the copyright registry so that I can start teaching people the true meaning of what bitcoin is about and stop people twisting the narrative.”
That twisted narrative lead to criminals, like drug dealers and money launders, to become the face of Bitcoin. The accountability and traceability that the Bitcoin blockchain provides was left on the back burner, and it was marketed to the worst elements of society. Wright could not stand for that.
“The last thing that I said to Gavin Anderson in 2011 when I handed him the control of the code was that "I wish you wouldn't keep talking about me as a mysterious shadowy figure, the press just turns that into a pirate currency angle,” Dr. Wright recalls. “Maybe instead make it about the open source project and give more credit to your dev contributors; it helps motivate them.”
Now that Wright has reclaimed ownership of the Bitcoin whitepaper, he’s hoping his creation can regain the original mission it was meant to have. “Bitcoin was designed to be honest and not another criminal coin,” he said. “It's time for people to learn that and see that I'm (as Satoshi) not just some shady figure because I didn't want publicity”
Dr. Wright will be attending the upcoming CoinGeek Toronto scaling conference, and will feature prominently in a Fireside chat with Bitcoin Association Founding President Jimmy Nguyen. The conversation is bound to have plenty of revelations about the early history of Bitcoin, so it will be well worth attending.
CSW
May 21, 2019
https://metanet-icu.slack.com/archives/C5131HKFX/p1558442287287300?thread_ts=1558439074.220400&cid=C5131HKFX
Dr. Craig Wright awarded USA Copyright for Bitcoin White Paper
The USA Copyright office has awarded Dr. Craig Steven Wright the copyright for the original Bitcoin whitepaper, which Dr. Wright originally published online in 2008 under the pseudonym Satoshi Nakamoto.
The copyright was awarded after the Copyright office was presented with the concrete proof that Dr. Wright was indeed the author of the seminal paper which started the Bitcoin revolution.
In addition to the original Bitcoin whitepaper, the USA Copyright office awarded Dr. Wright the copyright for most of the original Bitcoin code (version 0.1).
The copyrights can be found here.
U.S. copyright registration no. TXu 2-136-996, effective date April 11, 2019, for the paper entitled Bitcoin: A Peer-to-Peer Electronic Cash System, with year of completion 2008. The registration recognizes the author as Craig Steven Wright, using the pseudonym Satoshi Nakamoto.
U.S. copyright registration no. TX-8-708-058, effective date April 13, 2019, for computer program entitled Bitcoin, with year of completion 2009 and date of first publication January 3, 2009. The registration recognizes the author as Craig Steven Wright, using the pseudonym Satoshi Nakamoto. Wright wrote most of version 0.1 of the Bitcoin client software, and the registration covers the portions he authored.
Wright originally come out as the creator of Bitcoin in 2016, and provided proof to several people, including Gavin Anderson former lead developer of the Bitcoin project. However, the Bitcoin Core (BTC) group, who had commandeered the Bitcoin project, led a successful smear campaign against Dr. Wright.
The group had twisted the original vision of Bitcoin by stifling scaling attempts and creating secondary settlement networks, like the Lighting Network, which take transactions off chain and away from what Bitcoin was meant to be.
It was this bastardization, twisting and crippling of Bitcoin that turned it into what BTC is today. This pushed Wright to lift the Satoshi Nakamoto veil for good.
Dr. Wright explains, “When I wrote the bitcoin Whitepaper, I uploaded it on the bitcoin.org domain so that people would start understanding bitcoin. I've come to understand that few people if any of taken the time to understand what is written in this paper so I have formally published it and registered it with the copyright registry so that I can start teaching people the true meaning of what bitcoin is about and stop people twisting the narrative.”
That twisted narrative lead to criminals, like drug dealers and money launders, to become the face of Bitcoin. The accountability and traceability that the Bitcoin blockchain provides was left on the back burner, and it was marketed to the worst elements of society. Wright could not stand for that.
“The last thing that I said to Gavin Anderson in 2011 when I handed him the control of the code was that "I wish you wouldn't keep talking about me as a mysterious shadowy figure, the press just turns that into a pirate currency angle,” Dr. Wright recalls. “Maybe instead make it about the open source project and give more credit to your dev contributors; it helps motivate them.”
Now that Wright has reclaimed ownership of the Bitcoin whitepaper, he’s hoping his creation can regain the original mission it was meant to have. “Bitcoin was designed to be honest and not another criminal coin,” he said. “It's time for people to learn that and see that I'm (as Satoshi) not just some shady figure because I didn't want publicity”
Dr. Wright will be attending the upcoming CoinGeek Toronto scaling conference, and will feature prominently in a Fireside chat with Bitcoin Association Founding President Jimmy Nguyen. The conversation is bound to have plenty of revelations about the early history of Bitcoin, so it will be well worth attending.
CSW
May 21, 2019
https://metanet-icu.slack.com/archives/C5131HKFX/p1558442287287300?thread_ts=1558439074.220400&cid=C5131HKFX