🚨 10 years ago today, #Bitcoin’s creator sent his last known message. Then he disappeared forever.

My latest @BitcoinMagazine feature tells the full story of what we know (and don’t) about Satoshi Nakamoto’s time as leader of the Bitcoin project.

bitcoinmagazine.com/technical/what…
2/ Last year, I published a definitive take on the first #Bitcoin war with @AaronvanW. But I still had questions...

What happened before Satoshi left? How did @gavinandresen emerge as project leader?

I dove into thousands of chat logs and emails to find out.
3/ Included are deeply cited overviews that allow you to explore #Bitcoin’s most infamous moments, including:

- @gavinandresen’s visit to the CIA
- the @Wikileaks controversy
- the hack that broke Bitcoin’s 21 million supply cap
- Satoshi’s last messages and disappearance
4/ The result is a comprehensive look at #Bitcoin’s first transition of power and a new theory about how this might have taken place.

My conclusion: Satoshi’s decision to leave wasn’t so much his decision. Users had simply already moved beyond his authority and influence.
5/ Why this? Why now? For me, exploring Satoshi is not about learning who he is, it's about understanding how #Bitcoin began.

This article explores how Satoshi’s relationship with users and explains how his actions and contradictions lead to later battles among developers.
6/ What’s next? I’m continuing to write the history of #Bitcoin for @bitcoinmagazine.

This Wednesday I'll be talking about the legacy of Satoshi with @adam3us, @matt_odell, @pierrerochard and more

SIGN UP:
Special thanks to @AaronvanW, @lopp, @hrdng, @jmetais1, @pierrerochard and @gavinandresen for reviewing early drafts of this article.

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More from @pete_rizzo_

26 Apr
IF YOUR STANDARD IS CRYPTOGRAPHIC PROOF, TODAY IS THE ANNIVERSARY OF SATOSHI'S DISAPPEARANCE FROM #BITCOIN

A THREAD 🧡
2/ The last message we know for a FACT is from Satoshi Nakamoto is dated 4/26/2011.

In that email, Satoshi sent @gavinandresen a cryptographic key only he could have possessed that controlled an alert system for the entire network.
3/ Not only is this the last known message from Satoshi, it’s one of the only messages we know – with a high degree of certainty – was sent by Satoshi.

No other correspondence we know from any forum post involved any cryptography that would indicate Satoshi was the sender.
Read 6 tweets
1 Mar
Last week, I co-hosted a @bitcoinmagazine clubhouse on #Bitcoin’s coming #Taproot activation.

Yes, there are differences in opinion. No, this does not resemble debates that have led to past network splits.

A quick thread on current consensus 🧡
2/ First, the context around #Taproot is very different than the debates that resulted in the #BCH blockchain split.

Nearly everyone agrees Taproot is beneficial for #Bitcoin, and there are (so far) no groups with meaningful objections to the proposal.

bitcoinmagazine.com/articles/tapro…
3/ The disagreement is about aligning activation (in code) with project ethos

There are two proposed ways to activate:

LOT = FALSE: Gives miners a year to activate Taproot, then it expires.

LOT = TRUE: Lets users activate Taproot if miners do not upgrade within a year.
Read 11 tweets
19 Jan
✨ Today, I started my 8TH οΌΉοΌ₯οΌ‘οΌ² working full-time in #Bitcoin.

I've been a journalist, I've worked at a global exchange and I've spent thousands of hours down the rabbit hole.

If you're just starting out, here are the lessons I'd pass along 🧡
1/ π”Ήπ•šπ•₯π•”π• π•šπ•Ÿ π•šπ•€ 𝕒 𝕗𝕣𝕖𝕖 π• π•‘π•–π•Ÿ-𝕀𝕠𝕦𝕣𝕔𝕖 𝕀𝕠𝕗π•₯𝕨𝕒𝕣𝕖 𝕑𝕣𝕠𝕛𝕖𝕔π•₯

It is an innovation that comes from a long lineage of other computer software projects.

Most other cryptocurrencies are selling claims to future innovations.
2/ π”Ήπ•šπ•₯π•”π• π•šπ•Ÿ π•’π•Ÿπ•• 𝕔𝕣π•ͺ𝕑π•₯𝕠 π•’π•£π•–π•Ÿ'π•₯ π•₯𝕙𝕖 π•€π•’π•žπ•–

Bitcoin is a global money solving for monetary policy manipulation.

Crypto is the idea there should be many monies competing on features.

These visions may or may not be complementary.
Read 11 tweets
19 Dec 20
⚑ 10 years ago today, the #Bitcoin GitHub first went online.

A decade later, the developers powering this new global money continue to set new highs 🧡
2/ #Bitcoin is not a stock or a bond. It’s digital money powered by open-source software.

In 2010, only a few volunteered to write and review its code. Today, there have been over 1,500+ unique contributors.
3/ Review is essential to keeping #Bitcoin's code up and running.

In 2010, pull requests (suggested changes to the software) were lucky to get a few last-minute reviews.

In the decade since, the number of reviews each pull request receives has steadily increased.
Read 7 tweets
10 Dec 20
Virtual currency. (2010) ⚑ Threat to the dollar. (2020)

A how-it-started salute thread to the first #Bitcoin news article on its 10th anniversary.

πŸŽ‚πŸŽ‚πŸŽ‚πŸŽ‚πŸŽ‚πŸŽ‚πŸŽ‚πŸŽ‚πŸŽ‚πŸŽ‚
2/ The first MSM article on #Bitcoin appeared in @pcworld on December 10, 2010.

A few articles before it referenced BTC (in brief or in passing), but this article had a new narrative: Bitcoin for censorship-resistant payments.
3/ @wikileaks had been de-platformed by PayPal and the author was out to explore how #Bitcoin, an upstart digital money might come to its aid.

How about an entire currency based on peer-to-peer technology?
Read 12 tweets

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