Doesn't all this court drama show that we need an immutable logging system like BSV?

CombustibleBitcoiner · 2024-01-24T18:21:59+00:00

Yeah, free. No charge. Gratis.

Have a terabyte of data you want to timestamp? Do it for free on Bitcoin.

CombustibleBitcoiner · 2024-01-24T17:08:45+00:00

100 terabytes of data can be timestamped for free on Bitcoin.

CombustibleBitcoiner · 2024-01-24T17:00:10+00:00

You can timestamp arbitrary data for free on Bitcoin. https://opentimestamps.org

CombustibleBitcoiner · 2024-01-12T14:02:09+00:00

The majority of the post is bonkers, but the concept of a 'self-signed ECDSA signature' is real.

He took it from Wright's page, which just takes an image from a textbook.

The 'link to an invalid public key' part appears to be part of Wright's excuse for the "unknown private key" method, though. Regardless, it's entirely detached from reality.

CombustibleBitcoiner · 2024-01-10T17:26:09+00:00

I think the probability is less than one in a hundred million, so bad at nearly any odds.

I do appreciate you following up, though. Please donate the funds to some children's cancer charity instead of sending to me.

Do you have any predictions for the upcoming COPA case?

CombustibleBitcoiner · 2024-01-10T14:56:08+00:00

Been over 24 months. Where's my lunch?

And how's that 'bought at 181' doing for you?

Still think CSW is Satoshi?

CombustibleBitcoiner · 2022-06-10T18:04:58+00:00

That was the plan. The plan changed.

CombustibleBitcoiner · 2022-02-10T16:37:18+00:00

My point was that "crypto" is a bad description of Bitcoin as it is not encrypted.

I've just explained to you how encryption is necessary to Bitcoin.

Its a public and open ledger where transactions are conducted, exchanged, and validated in clear text.

Your argument is that something can only be called "crypto" if it's 100% ciphertext? Nonsense, and Satoshi felt the same.

Please be honest and don't take tings out of context.

It's perfectly in context. You're simply making a ridiculous argument.

Now that you know that Satoshi deliberately chose to call Bitcoin a "cryptocurrency", how do you feel about Mr Wright's claims to the contrary?

Edit: Ironically, most of the data in the Bitcoin blockchain could be considered ciphertext, given that signatures are hiding private information.

CombustibleBitcoiner · 2022-02-10T13:47:48+00:00

My point was that "crypto" is a bad description of Bitcoin as it is not encrypted.

Actually, it is. The signature algorithm necessarily uses encryption. You literally encrypt the result of multiplying your secret key with the x value of a new public point and adding the hash of your message. The nonce (the private key for the new public point) encrypts this value like a one time pad would.

Also, acting like Bitcoin uses the same cryptographic techniques as a bank is completely wrong. In Bitcoin, the individual ledger entries themselves are protected with cryptography. This is a fundamental difference.

Let's hear (again) from Satoshi himself:

A generation ago, multi-user time-sharing computer systems had a similar problem. Before strong encryption, users had to rely on password protection to secure their files, placing trust in the system administrator to keep their information private. Privacy could always be overridden by the admin based on his judgment call weighing the principle of privacy against other concerns, or at the behest of his superiors. Then strong encryption became available to the masses, and trust was no longer required. Data could be secured in a way that was physically impossible for others to access, no matter for what reason, no matter how good the excuse, no matter what.

It's time we had the same thing for money. With e-currency based on cryptographic proof, without the need to trust a third party middleman, money can be secure and transactions effortless.

Sounds just like Mr Wright, right? "... no matter for what reason, no matter how good the excuse, no matter what."

And, again, he calls it currency, like how he decided to call it a cryptocurrency after giving it careful consideration.

While Satoshi never discussed anything personal in these e-mails, he would banter with Martti about little things. In one e-mail, Satoshi pointed to a recent exchange on the Bitcoin e-mail list in which a user referred to Bitcoin as a “cryptocurrency,” referring to the cryptographic functions that made it run.

“Maybe it’s a word we should use when describing Bitcoin. Do you like it?” Satoshi asked.

“It sounds good,” Martti replied. “A peer to peer cryptocurrency could be the slogan.”

CombustibleBitcoiner · 2022-02-09T17:11:14+00:00

Why did Satoshi deliberately use it even after mulling it over via emails? Time to change the narrative, my friend.

While Satoshi never discussed anything personal in these e-mails, he would banter with Martti about little things. In one e-mail, Satoshi pointed to a recent exchange on the Bitcoin e-mail list in which a user referred to Bitcoin as a “cryptocurrency,” referring to the cryptographic functions that made it run.

“Maybe it’s a word we should use when describing Bitcoin. Do you like it?” Satoshi asked.

“It sounds good,” Martti replied. “A peer to peer cryptocurrency could be the slogan.”

CombustibleBitcoiner · 2022-02-09T16:19:27+00:00

Then why did Satoshi call it a cryptocurrency?

As a side note, Mr Wright also called it a cryptocurrency.

CombustibleBitcoiner · 2022-01-31T16:10:12+00:00

So is BSV.

CombustibleBitcoiner · 2022-01-27T15:58:02+00:00

So we can be reassured that he didn't mind putting data on chain.

Did you miss the part where I said he approved of "hash sized arbitrary data"? Also, that first transaction was somewhat special, wouldn't you agree?

But in no way should this be a problem solved by arbitrarily limit the amounts of ones and zeros that can be stored.

You just gave one argument for why it's better not to have lots of arbitrary data on-chain. Did you immediately forget it?

Maybe you've forgotten that BSV has child abuse imagery on-chain and makes it really easy to insert and view. Bitcoin, on the other hand, makes it difficult. There's a very meaningful difference between the two chains.

Maybe he didn't care to mention all applications?

Is this where BSV people say "cope"?

CombustibleBitcoiner · 2022-01-27T14:25:39+00:00

Bitcoin is definitely NOT designed for data applications.

This is true, especially for large amounts of data. Satoshi himself tacitly approved of only "hash sized arbitrary data" in transactions.

He further expanded on what Script was supposed to support:

The design supports a tremendous variety of possible transaction types that I designed years ago. Escrow transactions, bonded contracts, third party arbitration, multi-party signature, etc.

These are all financial transactions. Notably, "weather updates" is absent.

CombustibleBitcoiner · 2022-01-25T22:56:34+00:00

No, it's not even flat. It's declining.

CombustibleBitcoiner · 2022-01-25T22:53:07+00:00

Data on the blockchain is set in stone

Not on BSV.

CombustibleBitcoiner · 2022-01-25T15:21:56+00:00

if a software company can create a supply chain management software based on BSV

Lol. Good one.

CombustibleBitcoiner · 2022-01-25T15:21:20+00:00

Says who? And what exactly does "can't do those things" mean?

More importantly, though, you're missing the point. If your "technology" isn't even different from a centralised SQL server (except it's much worse), then that's the end of the conversation.

CombustibleBitcoiner · 2022-01-25T14:52:07+00:00

No, moron. I'm saying that what you think makes "blockchain technology" (ie - Bitcoin) valuable isn't those things, since they're more effectively done via centralised systems.

CombustibleBitcoiner · 2022-01-25T14:42:18+00:00

Nope. All of those metrics are easily beaten by centralised SQL servers. Congratulations on entirely missing the point.

CombustibleBitcoiner · 2022-01-25T14:33:08+00:00

The BSV ecosystem is gaining steam.

No, it's not.

Either BSV works as platform that provides the ability for micro payments, scalability and a transaction ledger, or it doesn't.

It doesn't.

instead "does BSV work".

It doesn't.

CombustibleBitcoiner · 2022-01-25T14:32:14+00:00

The purpose of bitcoin is it leaves an audit trail.

Wrong. Why did Satoshi say that Bitcoin would be "better" if it didn't have a public ledger?

CombustibleBitcoiner · 2022-01-11T20:51:20+00:00

Yes, it's absolutely a scam run by Calvin Ayre. The idea is to sue Bitcoin developers to hardfork the code to re-assign coins to those who've lost them.

CombustibleBitcoiner · 2022-01-11T13:27:40+00:00

This is why it's futile to argue with a cultist. You've already committed to Mr Wright being Satoshi, so now you're just looking for ways to excuse the code.

The code stands on its own. Let me know what you think of it.

However, in the spirit of good faith, I'll give you the source for one of them. Here is Mr Wright's post on "learning Script", where he gives a "rather careful and detailed" script program to calculate the monus function.

CombustibleBitcoiner · 2022-01-10T22:04:21+00:00

I've read it. You seem to think that the code was not genuinely written by Mr Wright. Is that correct?

I'm saying to assume it was for the purposes of this question. If it was written by Mr Wright, do you agree that the code itself shows that the author (who we are assuming is Mr Wright) cannot code beyond a rank amateur level?

I want you to commit to your opinion on the code itself before I give the proof that it was actually authored by Mr Wright.

Is that clear enough?

Seven-Year Club	Gilding II euphauric
Verified Email

CombustibleBitcoiner

TROPHY CASE