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Alex Waltz
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Making Satoshis Don't Exist Movie.
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raw_avocado 10 months ago
Before launching Bitcoin on 8 Jan 2009 Satoshi had an early version coded. This is known as the November 2008 Version. Here are the 10 changes he made to what became Bitcoin as we know it today. 🧵Thread👇 image
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raw_avocado 10 months ago
I am running the EXACT same client Hal was running when he made this tweet? (on my Mac M1 Max) Why is it Bitcoin v.0.1.1? How do I know? How did I do it? 🧵Thread👇 image
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raw_avocado 10 months ago
Happy Gavin went to the CIA to talk about Bitcoin day. (for those who celebrate) image
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raw_avocado 10 months ago
Did you know the 1st version of the Bitcoin code had a hidden nautical reference? It mentions 3 time keeping mechanisms. NTP was never implemented(too centralised) The other 2 we still use today. image
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raw_avocado 10 months ago
Did you know that #Bitcoin Core did NOT initially have a 21M cap limit? Because of a C++ quirk, the original code that enforces the halvings would have restarted the halvings after the last halving, around 2214. This was fixed with BIP42 in 2014. image
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raw_avocado 10 months ago
I want to sell a .pdf via LN. Is there a service I can use to set this up? I will share a link to someone and if they pay 1$ they get a .pdf I know I could do this with BTCPay or LNBits if I host it, but don't want to host anything, and more importantly I do not want to set up a node, manage liquidity.
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raw_avocado 10 months ago
Did you know Satoshi worked for 1 year and a half on Bitcoin's code before releasing the White Paper? He mentions this in a conversation on the Cyphterpunk Mailing list on 17 Nov 2008. 2weeks after the lunch of the White Paper. image
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raw_avocado 10 months ago
Did you know Satoshi initially implemented a review system in #Bitcoin. This was meant to work with the market-place. Code for both of these was still present in the 1st versions of Bitcoin, but not used. image
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raw_avocado 10 months ago
Did you know that on 30 March 2010 bitcointalk user SmokeTooMuch wanted to auction 10,000 BTC for $50. No one took the offer. 24 Feb 2012 (2 years later) he shares no one took the offer, but it would be quite a lot of money. They were worth $50,000 | 1000x increase. image
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raw_avocado 10 months ago
Did you know? The 1st Bitcoin price was $1 = 1,309 BTC on New Liberty Standard exchange. 5 October 2009 The price was calculated by dividing $1.00 by the average amount of electricity required to run a computer with high CPU for a year. image And the 1st EVER transaction on this platform was done by legendary super OG bitcoin dev @Sirius aka Sirius.
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raw_avocado 10 months ago
Did you know? The original image Bitcoin Client v0.1 release by Satoshi had an unfinished Poker game & an eBay-style marketplace in the source code. Satoshi also had plans to implement an escrow system but this never came to fruition.
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raw_avocado 10 months ago
How did Satoshi chose the 21M limit for #Bitcoin? He reveals in an email with @Sirius that it was an educated guess. He wanted to pick a number and issuing schedule that would work if Bitcoin would become mainstream but also if it stayed niche. image
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raw_avocado 10 months ago
Did you know the original Bitcoin client had a Generate Coins button? When activated it would use the CPU to mine Bitcoins. It was removed with Bitcoin 0.3.22 in June 2011 as mining become more specialised and moved away from solo-miners. image