Stacie Profile picture
18 Oct, 3 tweets, 1 min read
Learn to find and decode that famous "The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" message from the genesis block in 30 seconds.
Coinbase transactions are used by miners to claim the block reward. Since the coins aren't being unlocked from anywhere, miners can choose what goes in the scriptsig.

Extra credit: Use your own node to retrieve the block, and decode the hex message using the command line.
The genesis block is part of Bitcoin Core to ensure that every node starts with the correct block.

Here's where the message is in the code:…

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More from @satsie_

13 Oct
It wasn't that long ago when cryptography was on the US munitions list, classified as "auxiliary military equipment".

It's easy to laugh about now but how was this even a thing? 1/n
Up until 1996, anything above 40 bit encryption could only be licensed for export on a case by case basis, if at all.

Until it was removed from the list in 1992, licenses were needed to export not only cryptographic methods, but even mere descriptions.
WWII showed how powerful cryptography could be in military applications which is why it was originally put on the munitions list.
Read 17 tweets
23 Jun
I hate to admit this but Bitcoin has taught me to frame every problem in the context of incentives. Fireworks going off every night? What is there to be gained? What would make the action more “expensive” to carry out and how do we devalue the rewards?
Privately owned CCTV cameras on every house?

What half the population started sleeping during the day?

Find the people doing this and give them something better to do?

Is this all actually a distraction for something else?
It feels liberating to acknowledge that you can’t rely on changing peoples minds to solve problems.

Oh we’ll just find the people doing it and explain that there are people with PTSD, dogs that are deathly afraid of fireworks, and babies that can’t sleep.
Read 7 tweets

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