Security

[2] H. Massias, X.S. Avila, and J.-J. Quisquater, "Design of a secure timestamping service with minimal trust requirements," In 20th Symposium on Information Theory in the Benelux, May 1999.
Massias, Avila, and Quisquater note the importance and criticality of digital time stamping and seek to produce a fully trusted timestamp system. The authors use a trusted third-party approach as the did not believe that a distributed trust model as I created in bitcoin could be made to work. The requirement to trust a secure timestamp authority (STA) has led to multiple problems. One example was with the compromise of Diginotar, a Belgian CA. With the compromise of the system, the timestamp validations issued did not only fail from the moment of compromise, but every certificate and timestamp ever issued was effectively invalidated.

The structure of the blockchain itself comes from this document. In this, the round value from the preceding round is incorporated into the next round. Effectively, it is a blockchain structure based on a trusted authority.

CSW
Jan 6, 2020
https://metanet-icu.slack.com/archives/C5131HKFX/p1578343292140800


The security obtained through bitcoin comes through publishing each of the round route values. The audit function proposed in the paper is distributed to all parties holding copies of the blockchain. As the block hash or in this paper the round identifier cannot be changed without altering every other associated value that is connected to, the widespread distribution of just the block header (which we do using SPV) means that we achieve security in a distributed system without the trust issues being proposed by the authors of this document.

In reading just these two pages above, you see the primary mechanism used within bitcoin for the creation of blocks. The most frequently overlooked section of the bitcoin White Paper, section 3 on time is the most important.

CSW
Jan 6, 2020
https://metanet-icu.slack.com/archives/C5131HKFX/p1578343461141000

As I've stated many times before, everything existed in bitcoin. All I needed to do was at the economic system and make it pseudonymous rather than anonymous. The jump to solving the problems of bitcoin really came about through having a wide breadth of knowledge. In knowing all of these different obscure arts; computer science, law, mathematics and more, the solution is right there.

CSW
Jan 6, 2020
https://metanet-icu.slack.com/archives/C5131HKFX/p1578343643142000

If you read this paper, that is a blockchain. The authors use it as a secure time stamping service. But if you look at the image in that paper and also in my Whitepaper, what you will see in effect is my horribly drawn version of the original.


CSW
Jan 6, 2020
https://metanet-icu.slack.com/archives/C5131HKFX/p1578343740142200?thread_ts=1578343740.142200&cid=C5131HKFX

https://t.me/CSW_Slack/1935

Donald Joseph Lynam
Declaración del tío materno de Craig, (Don Lynam 30 años sirviendo en la real fuerza aérea australiana como ingeniero Wing Commander)

https://t.me/DonLynam/17

Donald Joseph Lynam
Declaración del tío materno de Craig, (Don Lynam 30 años sirviendo en la real fuerza aérea australiana como ingeniero Wing Commander)

https://t.me/DonLynam/17

El litigio por la creación del White Paper de BitCoin. https://es.ramonquesada.com/ramon-quesada/el-litigio-por-la-creacion-del-white-paper-de-bitcoin

El litigio por la creación del White Paper de BitCoin.
Por Ramon Quesada https://foro.bsvespanol.org/t/craig-es-satoshi/64/14?u=ramonquesada

CSW
Jan 29, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1611169641385000?thread_ts=1611169327.384500&cid=C5131HKFX

https://t.me/CSW_Slack/1968

And we have now left Europe and entered the

- The Final Countdown. Europe (Official Video)
https://www.bing.com/videos/search?q=the+final+countdown&docid=607994261061043386&mid=E8A0E403467AE64DCAD4E8A0E403467AE64DCAD4&view=detail&FORM=VIRE

so far Coobieee and crew
https://t.me/joinchat/VNOTBvWDr9d8ZCTc

Did you know that the bitcoin White Paper is included in the bitcoin database.

So, BTC and BCH are publishing a copy of the White Paper

you see, I didn't publish the White Paper I distributed it

So, unauthorised use and distribution is a breach of the copyright

yes, you could create a new Genesis block but then you would still require the old Blockchain to be able to validate all of the UTXO's

and that would still require licensing
so, I guess that's frypan or fire
rock and hard place

Unfortunately, this means they not only have to prove that I'm not Satoshi (i.e. try prove the truth is a lie) but also demonstrate that my version of bitcoin as I originally envisioned it before I even launched it in 2009 mirrors theirs

Oh, and if they act like Mr Ver and try and run away....

you know, jurisdiction issues et cetera and associated reasoning

CSW
Jan 29, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1611169327384500?thread_ts=1611169327.384500&cid=C5131HKFX

https://t.me/CSW_Slack/1969

"you see, I didn't publish the White Paper I distributed it"

CSW
Jan 29, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1611170002387600?thread_ts=1611169327.384500&cid=C5131HKFX

"you see, I didn't publish the White Paper I distributed it"

CSW
Jan 29, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1611170002387600?thread_ts=1611169327.384500&cid=C5131HKFX

The word immutable means the record cannot be changed.

the law dictionary and Black's legal dictionary define this term rather well.
https://dictionary.thelaw.com/immutable/

Rolling back the Blockchain is not a viable option as this destroys immutability.

I have noted a few times that accounting ledgers based on double-entry bookkeeping and never changed at the source.

When you make an error in a ledger, you can make corrections.

This is part of the notion of immutability in ledgers.

The bitcoin whitepaper defines the term ownership.

If you want to call your project bitcoin, it is bound by the conditions in the whitepaper.

It is not possession but rather ownership that is defined

I challenge you to read section 2 of my paper and come up with any other definition

Bitcoin is not a chain of digital signatures alone, which in itself by the way implies identity but rather it is as has been noted in the White Paper;

a system where...
"A payee can verify the signatures to verify the chain of ownership."

Alert key is an alert - identity is separate and distributed

The Alert key makes it simpler - but there are other ways to announce theft - look at my actions.

That is completely daft.

Utterly ignoramus in form.

The stolen token no longer exists on the network other than a record that it has been cancelled. To think that means that they're gets to keep it is completely stupid.

CSW
Feb 25, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1614251528412500?thread_ts=1614251528.412500&cid=C5131HKFX

https://t.me/CSW_Slack/2014

The security of a "blockchain" is achieved (as per section 3 of my white paper) through the publication (widely and publicly) of the message digest. That is, the hash.

If the digest is private, it is not published and the security model of a "blockchain" *CANNOT*  be achieved.

- Dr. Craig S. Wright
Slack Metanet Icu
2019-12-03

https://www.coinbase.com/price/bitcoin-sv

Take a look to the WP https://bitcoinsv.io/bitcoin.pdf,

what about with Coinbase and BSV

The most important aspect of bitcoin that needs to be pushed constantly is ownership.

Bitcoin is designed to remove disputes in small transactions. It is not designed to replace the financial system and the process of course and recovery for large transactions and holdings. When you make a large payment, the information is concerning identity is not something that you can opt-out of. Identity can be isolated only in small casual transactions.
 
The bitcoin whitepaper defines a chain of ownership. The White Paper does not define the ability to sell identity because this is not something that is available. You do not own your identity, you are associated with your identity and it can never change. Ownership is related to something that you can buy and sell. You cannot own a person. Slavery is not available in our societies. You can only own things that are property and your identity is not proper.

When I created bitcoin, I was not looking at solving existing solve problems of transferring large amounts of money. It is very simple to transfer large amounts of money over the existing Internet. It was very simple twenty years ago to transfer large amounts of money. The problem that needed solving and remains in need of solving is the ability to send amounts under one cent.

When you send small amounts over the Internet, identity does not matter. The rules that are associated with KYC do not kick in until you reach a value of hundreds of dollars or more. In some instances, it can be thousands of dollars. Bitcoin never needed for this level of transaction. By law, once you exceed the AML/KYC level the merchant needs to know your identity. They do not need to know your identity when you’re buying a coffee or paying twenty cents access to a paper or article.

This completely ignorant myth that bitcoin is going to replace central banks is completely utterly asinine.

For large transactions, exchanges and other entities are legally required to verify your identity. This is a process that can be incorporated into wallets. The existing regulations within the UK and Europe already cover this for amounts over €200. MLD5 is already law.

Every single note that is transferred as cash out of the bank is recorded. Every serial number on every note that goes into every bank is recorded. It has been for a long time. This concept that bitcoin is different is wrong because just like banks, cash is traceable.

I have pointed out before that the Yorkshire Ripper was in part found because of the serial number of a 5 pound note.

Bitcoin will never replace Fiat for anything other than small transactions

There will never be sufficient bitcoin to replace money in the global economy

To replace the global economy would require more than bitcoin can ever do. The size of blocks would have to be in zetabytes, the number of tokens would have to be 10^15 times as large. You would have to have agreement between governments.

Bitcoin is not designed and nor can it be designed to replace standard transactions and money across the entire society.

The people making that myth are simply trying to promote a false agenda to pump bitcoin

The thing that is important in bitcoin is that it can do micro payments and that it is a public ledger. All of the other mythology is completely utterly boring and useless. It is selling a myth of money based on lies to people who are upset with government problems that are generally nothing to do with government but their own inability to save and reduce their spending levels.

Too many people have been promised a path out of working into a life of leisure with no responsibility and they think that they are owed this. You are not. If you want to build a future you need to work and save and it can take decades. The myth of instant riches that has promoted by social media is toxic.

CSW
Feb 27, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1614420697350100?thread_ts=1614420697.350100&cid=C5131HKFX

https://t.me/CSW_Slack/2024

So, the simple thing here is you may not like how digital currency works, but who cares.

I created a digital currency system. Bitcoin is a digital cash system that has a chain of ownership.

If people don't like that, first of all read my White Paper and figure out that that's exactly what the White Paper states it is and hence that's what the protocol means

Next, if you think you can do better and create your version of crypto currency that is completely anonymous, go for it I'm not stopping you but I'm also not helping you and I can definitively tell you that it will never be a solution based on the Blockchain because the security of any Blockchain based system is the public and I mean utterly public dissemination of information.

You cannot have an encrypted system that is completely public

This should be a really, really and I'll emphasise again a really simple thing to understand.

You cannot create an encrypted system that requires public verification.

As such, bitcoin is the anti-crypto currency

If bitcoin exists, and it is open, it will never be an acceptable option

CSW
Feb 27, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1614443319427400?thread_ts=1614443319.427400&cid=C5131HKFX

https://t.me/CSW_Slack/2031

These can be built into systems like bitcoin and identity can be constructed but that is not covered in bitcoin

CSW
Feb 27, 2021
https://t.me/CSW_Slack/2026