The Dao Of Satoshi Nakamoto

We could learn a lot about life from Satoshi Nakamoto. He has the Power Of Now. His Dao is recursively philosophical.

He disappeared. He disappeared? He never appeared. He was here. He is gone. His blockchain is alive. He is here, somewhere.

He lives inside the blockchain. Just like that old man in Tron.

He IS the blockchain. Hence he is always is.

Well who doesn’t want to be as cool as Jack Reacher? Or the pseudo person of it – Tom Cruise. Ha.

While perhaps we could learn to live like Satoshi Nakamoto. His Dao. You can write it. It is in you. If you are reading this.

You know it. It can flow from you. Being here yet away. Not being traceable to uphold the universality of privacy. He meshed up several futuristic ideas and mathematics, and gave it back for you.

Bitcoin is is vessel. Not just bits. Not just coins.

Not just profits. Money. Wolf. Trading. Wall Street. Over the counter. Bailout. 2X 100X 55%, earnings, interest, 1MDB, tricks, CDO, subprime. Aventador? Ha! No.

It is the stargate. It is the rabbit hole.

It is the entrance to leave this fake dimension. Leave this Inception.

Possibly the SegWit Bitcoin could go on and on. Or it could be exploited, an irreversible blindspot. Then some people will get their coins stolen. Some security company can help. Prices will go down, then up. Then find the equilibrium again.

Bash (Bitcoin Cash) could go on and on. With low fees, obliterating the existence of altcoins such as Litecoin. Koreans started to use it in their daily life. Since they are very accustomed to using T-Money and credit card for 80% of their daily life.

There will be miners moving to the other chain. Then others moving back.

Users selling one and buying the other. Then another change, and another direction.

The only constant is more people who were outside, who are still in Matrix dreamland will begin to enter this dimension, this parallel world.

 

 

 

Who Is Unknown?

Who is unknown? Who is Mr Unknown?

Is it a miner? Is it Satoshi Nakamoto? Is it a government agency? Is it the spy agency? Is it North Korea? Is it Qatar (*a nation that offers free electricity for its citizens and has unlimited supply of LNG gas that is used to create electricity)?

(*22 Aug: seems the Unknown could be many different miners, one of which is uupool.cn. Anyone can mine and need not set a nametag to identify themselves. Just so crazy when the buzz from some reports that it is a conspiracy by a certain one or two miner – the whole protracted scaling debate sides taking their creative imagination of conspiracies to the highest level yet)

Game Theory. Nash. A Beautiful Mind. Watch that movie, or at least the first hour.

I was obsessed with it, and wanted to find my own original idea too. I made a few mathematical “formula” I thought would be ground breaking. (*more on that some other time)

Now we all know these vital facts:

• Mining is more profitable in the Bash chain (Bitcoin Cash)
• Miners can move freely since they are using the same equipment and same mining algorithm

It could be the South Korean government too. Hedging against a war. In fact, half of Koreans are in KPOP groups and bands, as you can see each group have not 4 members, but 7, 11, 12 group members! And all of them are putting their money into the Korean exchanges buying Bash.

Unknown could be a very rich person. Just like Bill Gates.

Why is it unknown? If you are a public mining pool, Antpool, Genesis Mining (this one I am doing research, cos it is supposedly the biggest mining in the world in Iceland but they never tag their name on any mining winning blocks) – you would want to tag your pool name to show you won the block. By not tagging anything, it is not only suspicious, it clearly shows other thinking.

Even if you do not want anybody to know you were the miner, you could even write a short note. Or PizzaPool. Or CristianoRonaldoMiner. Or BurgerKing.

With nothing, unknown, basically not putting anything in the field, is rather puzzling.

Therefore, I am watching the potential new miner. Currently only 2 other miners are winning there. ViaBTC and BitClub. Their share of winning tickets doubled yet it’s still just 10% total winnings (up from 2.5 % each).

What would Unknown do? What is his next step(s)?

He could hoard it. And wait and wait – AND WAIT. Till a suitable price. Even though the price is now showing parity with respect to the cost hit taken during the first 2 weeks, selling today all the winning coins could generate a profit and cash out, and stop mining.

But this person, could be a key player in Cobra Commander’s plan. He could be Cobra Commander too. He could simply keep mining, since he didn’t really bothered with costs for the first 2 weeks. He could do it long term. He could be a equal-opportunity-advocate, helping out of free will to sustain Bash until a certain time frame.

The next big event(s) are coming in November. SegWit2X on the regular chain? Will it materialise? One more mitosis and we have 3 cells.

Seeing that 8MB big blocks Bash is a success, Unknown or another party can do one more round when the situation requires it.

The best outcome is what Cobra Commander wanted: dominated the Top 10 charts with bits and coins. Transfer wealth from the hands of the warmongers – aka regular banks, regular governments that use the word tax and legal to extract value to fund their wars and making the ultimate World War 3 which is fighting against Mother Nature – yup stealing from her, exploiting her resources, bottom trawling fishing, poisoning GMO and antibiotics onto white meat.

This protracted World War 3 must end. Thank you Elon Musk. And thank you Satoshi Nakamoto. Arigato gozaimasu.

Bashing the Alternative Coins

Bash (aka Bitcoin cash) is on. The on switch is on. 

As noted in previous postings, it will head to the top ten charts by virtue of having the birth rights of the original immutable Genesis block made by the (future) Noble prize winner Mr Satoshi Nakamoto. 

Easily he will win the math prize, science, physics, and the peace prizes. Making him the only multi Noble holder if that is any important to his vision of diminishing the evil world of greedy Bank and those invisible hands. 

Now Bash has bashed those alternative coins. It’s ranked fourth. Over 6 billion dollars. Litecoin, Dash, Zcash, Monero all were overtaken seemingly overnight. 

It appears that way. And that is what will drive the herds. Common folk who sees it bashing price value of even ethereum (currently $220) with $384. These folks will have money on hand wanting to get bitcoins. Bitcoins are $3000 each. A tad high. So let’s buy Bash instead. It’s genuine too from the original creator with immutable chain robust never been broken or hacked. Let’s invest in Bash. 

Monero, Zcash, Dash, all have some privacy mechanism. They are good tech. Amazing tech. But here bash is gaining ahead due to Satoshi. And the original white paper. Can’t beat it psychologically and gets harder each passing day. 

Even litecoin, which is supposed to be a fork of bitcoin. (*fork is a contentious definition so do more homework to find out) But I can’t see it was the original Genesis chain (if it is please write and I could update). It was a times four play, in litecoin. 

Total coins, times four. Total time speed it by four. Then it’s like a minor algebraic experiment to see if putting 4x will make it worth four time less, or cheaper (when things look cheaper people could invest) or become an almost virtual peg of x times value. 

At this year’s value, litecoin is approximately 20 times to 25. (one bitcoin is 20 times of litecoin) Ether was 10 times but when it went 7 times, it went crazy. 

Bash will not surpass bitcoin. Yet. Both have a great track to proof despite the other alternative coins that now are no more in any contention except for being good tech, good price, good diversification drive. 

The true two horse race is here. 

Two camps to prove. What metric to prove? The world wants low fees. The seven kingdoms want fast processing time. 

One camp has Segwit plus 2MB.

One camp has 8MB.

Nothing too amazingly complex. It is like Nvidia vs ATI. Both are doing graphics. Both have something to show. Both on the same type of track. (if comparing Apple to Microsoft then that’s multiple tracks or different tracks altogether) 

The natural question comes and the reason you’re still reading my post. Only time will reveal more. Though time in cryptographic world is dog + cat years. It will be fast and in human time, in months. 

Both will keep trudging. Fees will be low with this competition going forever. When it gets congested, Team Segway (ya I like that Segway people mover) will move with 2MB then Lighting and Schnoor, while Team Bash will have 16MB then 32MB with ability to scale up or down to cap freely. If highway is jammed add four more lanes. If no jam subtract. 

This perpetual race and virtue of origins will Bash all alternative coins. 

Fiction – Bill Gates Is Nakamoto

Satoshi Nakamoto was a stealthy person. He didn’t talk about football, didn’t talk about food, snacks, his favourite restaurant. Never complaint about the weather. Never mentioning if he is married or had family members. If he had any daily problems – house, car, bicycle, scooter, pet elephant.

He programed the whole Blockchain system in C++, within a Windows operating system. On an presumably old PC.

He took about 9 months to do it, at a clockwork schedule. About exactly 8-9 hours per 24 hours.

He mined over a million bitcoins, that is worth billions today.

Why? Why?

Firstly he lived in a timezone. Hence it’s not a few programmers behind the scene.

He is not some IOS user, nor Linux geek. He was using Windows. (an old version too) Most modern day coder, designer, wannabe, all are in the camps of IOS, or Linux geekland. It’s very un-often to someone proclaiming happily they are on Windows. It seemed uncool.

Using an old computer, is likely a cover. Bill Gates was rich. He has lots of time. He has lots of billions. He can take time to tinker in this project in his garage, without his wife knowing.

Researchers in Cointelegraph or Coindesk keep asking this question. Why doesn’t the original bitcoins mined by Satoshi still sitting there quietly? A sane person. A normal person. Would at least moved 2 bitcoins or 8 bits (yea, let’s go that way) to spend on a Thai tom yaam guung dinner, or buying the latest Honda Vario F1 with fuel injection. Or 16 bits to get into the home ownership or Tesla ranks? 32 bitcoins? What could it buy?

He don’t need to. That’s the proof. Proof of concept. When you have a google dollars, you don’t do those things people dream or thought they will do. You simply do not need to. Remember telling your cousin if you had a thousand dollars selling lemonade, you will buy 1000 Bigmacs?

Proof of work. He worked. He had proven that blockchain worked. Combining cryptography to create immutability, onto a value system, with a carrot reward to decentralise into a multitude of nodes to secure the ecosystem. It worked.

The total bitcoins he owns at today’s value, still can’t beat his total wealth which he is happy and freely giving away to his foundation. So he could just leave it there, implying destroying it, is safer than to move them. Moving the coins will make them trackable. Trackable will finally lead FBI to come knocking in the front door. See what happened to the fake Satoshi Nakamoto that had the actual same name.

9th July 2017 – Further notes:

Bitcoin requires (now) ASIC (application specific integrated circuit) processors to mine or find the nonce. Mining again is quite the misnomer – it simply is a raffle draw and the ASIC will try to find it, perhaps via a tree structure, then keep going splitting the tree loops.

Not a coincidence, that Bill invented a flavour BASIC. Beginner’s All-purpose Symbolic Instruction Code. I used BASICA. Add Bitcoin to the front of ASIC and we get BASIC. He loves easter eggs. Windows was filled with easter eggs.

Would it be a coincidence, the (still) richest person on earth even though he retired from active work a decade or so ago, is the person with 1 million units of bitcoin, that is worth approximately 2.5 billion USD today – THAT is still a small change to him that it doesn’t quite matter much in his daily life inasmuch that revealing it will create chaos, therefore taking a more fun approach watching his whole game plan play out like in Simcity?