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Is This Satoshi Nakamoto’s Long Lost Earliest Version Of The Bitcoin Code? | Bitcoinist.com

A Satoshi Gin Bottle

The legend of Satoshi Nakamoto lives on. A bitcoin fanatic that goes by Jim Blasko claims to have discovered “the lost Bitcoin v0.1 raw data and files.” Skepticism can be the conventional response to outlandish claims like these, however right here’s the kicker: the code remains to be in Soundforge. That’s, Satoshi Nakamoto’s authentic code disappeared from search engines like google and was thought of misplaced for ten years, however “using some browser hacking” Blasko realized the information have been nonetheless up there. How can anybody pretend that form of discovery?

In line with Jim Blasko, “the official oldest known uploaded copy of Satoshi’s Bitcoin v0.1” is here and here.

The Satoshi Nakamoto Story, By Jim Blasko

The facebook post with which Blasko introduced his discovery is filled with bitcoin historical past. For instance:

“Satoshi released his first statement on the Cypherpunks cryptography mailer on Jan 8th 2009, with a link to his freshly uploaded Bitcoin.v0.1.rar on soundforge. He had been CPU mining Bitcoin for 5 days (since Jan 3rd) with the difficulty factor of only 0 when he went public on the 8th.”

A time when bitcoin CPU mining was a factor, are you able to think about? “Since 2012 it was thought that the raw code and the files were gone as they had been scraped from the soundforge search engine for some reason,” Blasko writes. He half-speculates-half-remembers that it was resulting from some form of vulnerability the builders didn’t need on the market till the code was secure. Ten years later, it’s innocent. Nevertheless, can we make sure this “Bitcoin version 0.1, the original pure raw data and files”? It actually appears that means.

Satoshi Nakamoto’s Private Notations

There’s lore behind this code. Apparently, “Hal Finney was planning to email it to some people in 2012” however didn’t due to his well being. Nevertheless, Satoshi Nakamoto’s notations take the cake. 

“To those of you that are hardcore cryptoheads like me, this is quite a cool discovery as it has all of Satoshi’s personal notations in the code, and hasn’t been changed by anyone this early. Sure other v0.1’s exist on github but I didn’t find one posted previous to 2016. I know this to be the cleanest original version of Bitcoin!”

For instance, Satoshi Nakamoto solutions the query: “Why base-58 instead of standard base-64 encoding?”

“- Don’t need 0OIl characters that look the identical in some fonts and may very well be used to create visually equivalent trying account numbers.

– A string with non-alphanumeric characters just isn’t as simply accepted as an account quantity.

– E-mail often received’t line-break if there’s no punctuation to interrupt at.

– Doubleclicking selects the entire quantity as one phrase if it’s all alphanumeric.”

BTC value chart for 10/08/2022 on Bittrex | Supply: BTC/USD on TradingView.com

Six Months To Mine One Million Bitcoin

This one is fascinating and painful. In line with Jim Blasko:

“Satoshi would take at least 6 months to mine 1 million Bitcoin as block 20,000 wouldn’t come until July 22nd 2009 and others like Hal where mining as well, so at least this time or shortly there after. Difficulty was only 1 at the time and basic cpu mining would continue for a couple years.”

The bitcoin enthusiast’s facebook post additionally incorporates a duplicate of Satoshi Nakamoto’s authentic message to the “The Cryptography Mailing List” informing them about bitcoin. It incorporates this gem of a phrase that pertains to the story above:

“I made the proof-of-work difficulty ridiculously easy to start with, so for a little while in the beginning a typical PC will be able to generate coins in just a few hours. It’ll get a lot harder when competition makes the automatic adjustment drive up the difficulty.”

The problem adjustment, simply one among bitcoin’s many wonders. Thanks, Satoshi!

Featured Picture by Mike Bludau on Unsplash | Charts by TradingView

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