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Rizzo Profile picture
@pete_rizzo_
Mar 21 • 13 tweets • 4 min read • Read on X
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Why Luke Dashjr Is A #Bitcoin Legend

@Jack Dorsey calls him Bitcoin's "Guardian Angel"
$BTC developer since $0.30

A thread.Image
1/ Luke is a true OG. He discovered #Bitcoin at an IRC New Year's Eve Party at the end of 2010.

The price was $0.30
2/ Luke started one of the 1st mining pools back in 2011.

Eligius mined over 300,000 $BTC, all without charging users fees 🧡 Image
3/ When Luke contested Bitcoin's first big soft fork in 2012, Bitcoin's lead developer asked him to leave.

Luke kept on working on #Bitcoin anyway 👏

bitcoinmagazine.com/technical/the-…
4/ Since 2011, Luke has been an official BIP Editor.

He volunteers to vet the proposals developers use to assess changes to #Bitcoin. Image
5/ In 2013, Luke was one of the first to detect a hard fork that could have split #Bitcoin in two. Image
6/ Amid the Block Size wars, Luke figured out how to implement SegWit as a block size increase

It's a reason #Bitcoin can process 4MB blocks today 👏 Image
7/ By 2016, Luke was one of the top 20 contributors to #Bitcoin in the world 👑 Image
8/ In 2017, Luke was one of the only #Bitcoin core contributors to support the UASF that eventually enacted SegWit.

The UASF proved users, not businesses or miners, drive consensus on upgrades 🏆 Image
9/ Today, Luke develops #Bitcoin Knots, one of the few active alternative software implementations for Bitcoin.

The ability to write alternative implementations is a key feature of the network's decentralization.

bitcoinknots.org/#about
Image
10/ When Luke lost his X account, one of his friends went to work finding bugs in Tesla's software.

After this, Elon Musk is rumored to have personally restored his account. Image
11/ In 2023, Luke launched a new mining pool called @ocean_mining and raised $7 million.

Ocean minimizes its custody and decentralizes mining by paying users from the coinbase directly 👏 Image
12/ Have a favorite Luke moment? Post yours below Image

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More from @pete_rizzo_

Rizzo Profile picture
Mar 18
Why I don't believe Hal Finney created #Bitcoin

Time to answer this (on the record).

A thread.
1. As a "#Bitcoin historian," I am often questioned about who is or isn't Satoshi.

To be honest, I spend very little time thinking about this.

That said, the claim Hal is Satoshi is now causing stress for the Finneys. I hope this can reduce that burden.
2. First, I have huge respect for Jameson @Lopp, and I find his most recent research that shows Satoshi was online while Hal was provably offline persuasive.

It supports my long-held and independently researched suspicions that they were two people.

blog.lopp.net/hal-finney-was…
Read 11 tweets
Rizzo Profile picture
Mar 12
🔥 Why Max Keiser Is A #Bitcoin Legend 🔥

Personal advisor to El Salvador's president
$BTC HODLer since it was under $1

A thread.Image
2/ On December 24, 2010, Max became the 1st mainstream journalist to profile #Bitcoin.

The price was just $0.30 🔥 Image
3/ By 2011, Max was openly discussing why #Bitcoin was a threat to government currencies 👏
Read 12 tweets
Rizzo Profile picture
Feb 27
WHY MARTTI MALMI IS A #BITCOIN LEGEND

He released over 100+ emails with Satoshi Nakamoto last week, but to many, Martti remains unknown.

Here's why he's one of the most important Bitcoin contributors of all-time 🧵Image
1. Martti joined the project in May 2009, at a time when #Bitcoin was worth $0, started mining to protect the network, and helped Satoshi directly with his code.

He was only a college student at the time 👏 Image
2. In May 2009, Martti penned one of the 1st defenses of #Bitcoin for , arguing it would separate money and state.

He pushed back against stubborn goldbugs who said it lacked intrinsic value 👏 Anti-State.org
Image
Read 10 tweets
Rizzo Profile picture
Feb 26
THE SATOSHI EMAILS: BITCOIN'S NEW MONEY MAN

Last week, 100+ emails written by #Bitcoin's creator were published for the 1st time. The biggest addition to his archive, they are filled with new findings.

None may be more interesting than a "mystery donor." Here's what we know: Image
WHY IT'S INTERESTING

This is the 1st time it's clear Satoshi:

1. Tried to provide financial support to people building services for the #Bitcoin economy.

2. Supported early attempts to price $BTC in dollars.

Prior to these emails, there's been no evidence of either.
A LEGENDARY DONATION

The emails reveal a donor who Satoshi knew provided the project with $3,500 in funding in 2010.

At $0.06 per #Bitcoin, that money could have otherwise bought over 58,000 $BTC at market prices.

A significant sacrifice for the greater good.
Read 11 tweets
Rizzo Profile picture
Feb 23
NEW: Satoshi Nakamoto's earliest collaborator Martii 'Sirius' Malmi just released their entire email history.

At 120 pages, its the most significant addition to the archives of #Bitcoin's unknown inventor.

Here are the most important new findings ✨ Image
When asked how #Bitcoin might scale in the future, Satoshi theorized the network would have a maximum of 100,000 nodes.

Here he goes into the calculation, and the economics of the network at scale.

Note: About 50,000 nodes run the software today Image
Satoshi believed #Bitcoin mining would be less energy intensive than the legacy banking system.

Note: This is by far his best new quote Image
Read 16 tweets
Rizzo Profile picture
Feb 22
NEW: Adam Back's complete email history with Satoshi Nakamato was entered in the court records today

Email #1: Adam and Satoshi discuss #Bitcoin 4 months before its official launch Image
Email #2: Adam's reply

Here Adam suggests that Satoshi investigate a paper called "B-money" by Wei Dei.

Dei was a well known cryptographer working on digital cash, and is a frequently cited candidate for Satoshi. Image
Email #3: Satoshi thanks Adam

Here they discuss the B-money idea, and we can see Satoshi admitting he had never read the paper. Image
Read 5 tweets

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