Re: Scalability and transaction rate
July 29, 2010, 02:00:38 AM

The current system where every user is a network node is not the intended configuration for large scale.  That would be like every Usenet user runs their own NNTP server.  The design supports letting users just be users.  The more burden it is to run a node, the fewer nodes there will be.  Those few nodes will be big server farms.  The rest will be client nodes that only do transactions and don't generate".


https://bitcointalk.org/index.php?topic=532.msg6306#msg6306

"Quote from: satoshi

Hi Mike,

I'm glad to answer any questions you have.  If I get time, I ought to write a FAQ to supplement the paper.

There is only one global chain.

The existing Visa credit card network processes about 15 million Internet purchases per day worldwide.  Bitcoin can already scale much larger than that with existing hardware for a fraction of the cost.  It never really hits a scale ceiling.  If you're interested, I can go over the ways it would cope with extreme size.

By Moore's Law, we can expect hardware speed to be 10 times faster in 5 years and 100 times faster in 10.  Even if Bitcoin grows at crazy adoption rates, I think computer speeds will stay ahead of the number of transactions.

I don't anticipate that fees will be needed anytime soon, but if it becomes too burdensome to run a node, it is possible to run a node that only processes transactions that include a transaction fee.  The owner of the node would decide the minimum fee they'll accept.  Right now, such a node would get nothing, because nobody includes a fee, but if enough nodes did that, then users would get faster acceptance if they include a fee, or slower if they don't.  The fee the market would settle on should be minimal.  If a node requires a higher fee, that node would be passing up all transactions with lower fees.  It could do more volume and probably make more money by processing as many paying transactions as it can.  The transition is not controlled by some human in charge of the system though, just individuals reacting on their own to market forces.

Eventually, most nodes may be run by specialists with multiple GPU cards.  For now, it's nice that anyone with a PC can play without worrying about what video card they have, and hopefully it'll stay that way for a while.  More computers are shipping with fairly decent GPUs these days, so maybe later we'll transition to that."

https://bitcointalk.org/index.php?topic=149668.msg1596879#msg1596879

Vale, ya he encontrado la explicación de Craig al texto de Ray Dillinger y como siempre, no deja de sorprenderme y de hacerme estudiar mas sobre el tema, justo ayer encontraba este post de Satoshi en bitcoinTalk de julio del 2010, hablando sobre que en los medios no hablaban sobre Bitcoin, querían borrar un artículo de Wikipedia en aquellos momentos, despues de casi 2 años de desarrollo de software NO hacían una referencia clara a Bitcoin y sin embargo, la idea de bitcoin había tomado como referencias al proyecto de Wei Dai (bMoney) y al de Nick Zabo (bgold). Y eso si que estaba reconocido por los cypherpunks,
Hay que leer entre líneas la queja de Satoshi o al menos yo lo entiendo así, (estoy dispuesto a escuchar otros puntos de vista)

Es increible que Craig diga que bMoney tenía dos protocolos, y que él eligió el de la trazabilidad, porque lo vio más lógico y con fituro y era el que no querían los Cypherpunks.

Ahora me tocará investigar sobre ese segundo protocolo de bMoney, voy a desempolvar a Wei, jejeje hay que joderse con este Craig, no para de sacarse ases de la manga!!!!!

295 Bitcoin / Bitcoin Discussion /
Re: They want to delete the Wikipedia article
on: July 20, 2010, 06:38:28 PM

Bitcoin is an implementation of Wei Dai's b-money proposal http://weidai.com/bmoney.txt on Cypherpunks http://en.wikipedia.org/wiki/Cypherpunks in 1998 and Nick Szabo's Bitgold proposal http://unenumerated.blogspot.com/2005/12/bit-gold.html

satoshi
Founder
Sr. Member

https://bitcointalk.org/index.php?action=profile;u=3;sa=showPosts;start=280

33 – How many people were involved in programming Bitcoin? Bear and Hal reviewed the code

"1. The Original Website - Satoshi Nakamoto
- Dr. Craig S. Wright & Ryan X. Charles."
2021 01 04

https://youtu.be/_E7iuVM4CIA

https://observatorioblockchain.com/bitcoin/ray-dillinger-a-quien-satoshi-pidio-revisar-codigo-fuente-dice-que-bitcoin-es-un-desastre/#.X_nVozJoDKc.telegram
Ray Dillinger critica duramente en lo que se ha convertido Bitcoin

Who is Ray Dillinger? | Ramon Quesada
https://ramonquesada.com/english/who-is-ray-dillinger/

The more remarkable discovery? That bitcoin may but hint at the depth of his work. When I contact a crypt
named Ray Dillinger, one of Satoshi's early (and initially sceptical) interlocutors, he insists that,
"intellectually speaking", approaching Satoshi's creation is "like being on the coastline of a new continent,
wondering what the eventual complete map will contain it will take decades, perhaps a century or more,
before new refinements and ideas become even remotely difficult to come up with."

What does Dillinger mean? Starting from the proposition that the most corrosive crimes against society
and individuals in the data age tend to involve falsification, whether at the hands of Enron, Bernie
Madoffor bankers flogging bent mortgages, Dillinger observes: "The rules of a consensus-history system
could, in principle, be as minimal or complete as we are able to express in a programming language. It is
possible, therefore, to extend the idea of a universally consistent history -- in which attempts to
misrepresent simply fail -- much further than simply recording monetary transactions. Can you imagine a
society in which most forms of falsification simply fail? "We can't build that yet. But with Nakamoto'sprotocol, we are starting to see how such a thing could be built."

At which point the question of who Satoshi is suddenly seems secondary. What Dillinger describes is an
internet in which all information does not look the same. The dawn of Web 3.0. And perhaps by the time we
have that, we'll also have the name of its creator | Andrew Smith is the author of Totally Wired: the Wild
Rise and Crazy Fall of the First Dotcom Dream, and Moondust. @wiresmith


https://www.gwern.net/docs/bitcoin/2014-smithset.pdf

Title: Desperately seeking Satoshi; From nowhere, bitcoin is now worth billions. Where did it come from?
Andrew Smithset off to find Satoshi Nakamoto, the mysterious genius behind the hit e-currency
Source: Sunday Times (London, England). (Mar. 2, 2014): News: p16.
Document Type: Article
Copyright : COPYRIGHT 2014 NI Syndication Limited. Sunday Times
http://www.sunday-times.co.uk

Me encanta como se estrujan el cerebro algunos, jejeje

"Adam Back ha comentado alguna vez, que pareciera que Satoshi era un outsider, al no tener referencias cypherpunks"

41:40
" Si alguien encuentra un borrador del WP eCash.pdf seguramente sea falso,
Debería llevar la referencia de bMoney de 1998"

33:10
2015 Análisis de metada del WP alojado en bitcoin.org
- uno 03 08 2008 (8 páginas)
- otro 23 04 2009 (9 páginas)
un párrafo mas, sobre incentivos, las fees como incentivos

Minuto 52
En dic 2013 Ray Dillinger pública en BitcoinTalk (parte) de la copia del código que recibió de Satoshi, de fecha 16 nov 2008

"¿Qué sabemos de Satoshi antes de publicar el whitepaper de Bitcoin? - L92" en YouTube
https://youtu.be/mgn6TOW1IHg

Stefan Kelm on Craig Wright.

*Bear is in here too.

https://t.co/G38wLOAOrs https://t.co/BdhRU2MytK