tldr; New research suggests that Satoshi Nakamoto likely conducted a 51% mining attack on Bitcoin during its early days in 2009. This was done by a miner known as Patoshi, who had significant hash power to reorganize the blockchain. The attack was not for financial gain, as bitcoins had no value then, but rather a stress test to ensure the network’s robustness. Patoshi’s actions, likely Satoshi’s, were part of testing Bitcoin’s integrity, including difficulty adjustments, without malicious intent.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
middlemangv on
Probably. He was a genius. Of course he would test his creation.
Cravensworth_redux on
‘Man tests product’ just isn’t a grabby headline I guess.
kirtash93 on
As a software developer I can say that it mandatory to test security measures like that. Satoshi again showing that he is a professional.
hiorea on
Satoshi mystery is like the pyramids. No one have a complete explanation
Paparacisz on
Guys, we don’t need to speculate anymore! Once the HBO documentary is out and we’ll know Satoshi’s true identity, we’ll be able to just ask him all these questions.
6 Comments
tldr; New research suggests that Satoshi Nakamoto likely conducted a 51% mining attack on Bitcoin during its early days in 2009. This was done by a miner known as Patoshi, who had significant hash power to reorganize the blockchain. The attack was not for financial gain, as bitcoins had no value then, but rather a stress test to ensure the network’s robustness. Patoshi’s actions, likely Satoshi’s, were part of testing Bitcoin’s integrity, including difficulty adjustments, without malicious intent.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Probably. He was a genius. Of course he would test his creation.
‘Man tests product’ just isn’t a grabby headline I guess.
As a software developer I can say that it mandatory to test security measures like that. Satoshi again showing that he is a professional.
Satoshi mystery is like the pyramids. No one have a complete explanation
Guys, we don’t need to speculate anymore! Once the HBO documentary is out and we’ll know Satoshi’s true identity, we’ll be able to just ask him all these questions.