‘There’s More Work to Do’ — 11 Years Ago, Satoshi Nakamoto Sent a Final Message to the Bitcoin Community – Featured Bitcoin News

To this day, Satoshi Nakamoto is one of the biggest mysteries of Bitcoin, as people have searched everywhere to discover the identity of the creator. 11 years ago, on December 12, 2010, the pseudonymous blockchain programmer (s) left a final message to the crypto community emphasizing that “there is more work to be done in [denial-of-service] From.”

Satoshi Nakamoto’s Legacy: Introducing Bitcoin, Getting the Net Up and Running, and Giving Good Advice

About 11 years ago, on December 12, 2010, the inventor of Bitcoin left the community and never returned. There were some alleged emails that followed Satoshi Nakamoto’s departure from the community, when the creator of Bitcoin allegedly sent correspondence to developers Mike Hearn and Gavin Andresen. Satoshi first appeared 13 years ago, when the inventor published the Bitcoin whitepaper on Halloween (October 31) in 2008. In terms of days in between, Satoshi spent approximately 772 days or just over 2 years communicating with members of the nascent crypto community.

So what did Satoshi do during the 772 day period? The creator of Bitcoin first told the world about the invention and sent approximately 16 emails on the paper of electronic cash peer-to-peer. These introductory emails were posted on the crypto mailing list hosted at metzdowd.com. Satoshi’s 17th email message on metzdowd.com was posted exactly seven days after Nakamoto started the cryptocurrency network. Email number 17 was published on January 8, 2009 and was called “Bitcoin v0.1 Released”.

Strong evidence suggests that a single entity started the network and it is assumed that the only miner was Satoshi Nakamoto. A mining simulation published last year indicates that Satoshi likely used a single high-end personal computer (PC), using the Windows operating system, to mine 1.1 million bitcoins. If Satoshi is still alive and has access to this BTC, the inventor of crypto is probably one of the richest people on planet earth. Satoshi Nakamoto is estimated to have mined between 750,000 and 1.1 million BTC during the 772 days.

In addition to introducing the Bitcoin whitepaper and the emails that followed, Satoshi Nakamoto gave advice to community members and spoke frequently with developers during the two-year period that the inventor was present. For years, people have gathered the phrases and advice of Satoshi Nakamoto to see what the inventor really meant. Nakamoto said things like: “[Bitcoin is] very attractive to the libertarian point of view if we can explain it properly. However, I am better with code than words. “The creator of Bitcoin also said:

The root of the problem with conventional currency is all the confidence that is required to make it work. The central bank must be trusted not to downgrade the currency, but the history of fiat currencies is littered with breaches of that trust.

Kicking the hornet’s nest and launching a quick build

Satoshi also discussed technological concepts such as a hypothetical system called Bitdns, which eventually led to the creation of Namecoin and merged mining. Nakamoto was also present when Wikileaks and Julian Assange decided to take advantage of Bitcoin after the website was blocked by a financial blockade. When someone said that the Bitcoin community should “go ahead” with donations from Wikileaks, Nakamoto wholeheartedly disagreed.

“No, don’t ‘bring it’. The project must grow gradually so that the software can be strengthened along the way. I make this appeal to WikiLeaks not to try to use Bitcoin. Bitcoin is a small beta community in its infancy. You couldn’t bear to receive more than pocket change, and the heat you would bring would probably destroy us at this stage, ”Nakamoto emphasized.

Some people believe that Wikileaks’ switch to using bitcoin in 2010 may have bothered Satoshi enough for the inventor to leave. Before Satoshi’s last email on December 12, the day before the 11th, Nakamoto complained that Wikileaks adopted BTC.

“It would have been nice to receive this care in any other context. WikiLeaks has kicked the hornet’s nest and the swarm is heading our way, ”Satoshi said at the time.

The next day was Satoshi’s final message to the community as a whole. The December 12 message was all business, as the inventor of crypto offered a quick build and told developers that there is more work to be done on denial of service (DoS) attacks.

“There is more work to be done on DoS, but I am doing a quick build on what I have so far in case it is needed, before venturing into more complex ideas. The build for this is version 0.3.19, ”Satoshi explained that day. Satoshi added:

– Added some DoS controls. As Gavin and I have clearly stated before, the software is not at all resistant to the DoS attack. This is an improvement, but there are still more ways to attack than I can count. I’m leaving the -limitfreerelay part as a switch for now and it’s there if you need it. – Removed “safe mode” alerts. The ‘safe mode’ alerts were a temporary measure after the 0.3.9 overflow bug. We can say everything we want users to be able to do with “-disablesafemode”, but it’s better not to have it for the sake of appearances. It was never intended as a long-term feature. Safe mode can still be activated when viewing a longer invalid blockchain (higher total PoW).

After this message, Satoshi Nakamoto never again addressed the public and the bitcoin community through a message on the forum. Certainly, there are people who have claimed to be Satoshi Nakamoto and the posts that followed after the December 12 forum post on bitcointalk.org. However, nothing that followed has proven to be reliable and, to date, no individual has been able to prove that they invented Bitcoin either.

The December 12 forum post was Satoshi’s final message to the nascent crypto community, and quite possibly the way the inventor was fired.

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1.1 Million BTC, Bitcoin, Bitcoin (BTC), Bitcoin White Paper, Bitcoin Inventor, Blockchain, Blockchain Inventor, Dec 11, Dec 12, Emails, Final Post, Forums, Last Post, Mining, Quick Build , Satoshi, Satoshi Nakamoto, White Paper, Wikileaks

What do you think of the final message that Satoshi Nakamoto wrote to the public on bitcointalk.org 11 years ago today? Let us know what you think on this topic in the comment section below.

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