Satoshi Nakamoto's miner career
Editor's Note: This article comes fromBitcoinnews (ID: bitcoinnews), Author: Chaosmosreads, reproduced by Odaily with authorization.
Editor's Note: This article comes from Bitcoinnews (ID: bitcoinnews) Bitcoinnews (ID: bitcoinnews) , Author: Chaosmosreads, reproduced by Odaily with authorization. Bixin news, the Twitter robot @Whale_alert (giant whale alert), which monitors large transfers on the chain, said at 10:00 last night that 40 bitcoins were transferred from ancient bitcoin addresses that had not been transferred since March 2009, and guessed , the wallet may belong to Satoshi Nakamoto. Affected by this news, Bitcoin fell from US$9,700 to US$9,300. According to Coin data, in the past 24 hours, the contract liquidation of the entire network was US$433 million. The earliest mining of 50 bitcoins from this address was in block 3654, on February 10, 2009. It can be confirmed that this is one of the earliest addresses to participate in mining since the first Bitcoin block was announced on January 4, 2009, but it cannot be assumed that this address belongs to Satoshi Nakamoto. Satoshi Nakamoto’s mining behavior during the birth of Bitcoin has always been the focus of Bitcoin enthusiasts’ research. The satoshiblocks.info website collects the most valuable research among them. According to Hal Finney, one of the earliest participants in Bitcoin, he began to participate in Bitcoin mining around the 70th block of the entire network. Hal Finney once completed the first person-to-person transfer of Bitcoin with Satoshi Nakamoto, which is highly credible. This means that apart from Satoshi Nakamoto, some miners began to participate in mining on the first day of Bitcoin's birth. Hal Finney: I probably mined the 70th block In addition, this address does not belong to the generally considered "Satoshi Nakamoto" address. Satoshi Nakamoto’s mining behavior during the birth of Bitcoin has always been the focus of Bitcoin enthusiasts’ research. The satoshiblocks.info website collects the most valuable research among them. The pioneering work of the research comes from Sergio Demian Lerner, the designer of the Bitcoin smart contract platform RSK. Since 2013, Sergio has been studying the mining behavior of "Satoshi Nakamoto". At the beginning of the birth of Bitcoin, every time a block was dug out, a new address would be randomly generated. Therefore, Satoshi Nakamoto's currency is not stored in a huge address as ordinary people think. Rather, the vast majority, in the form of 50 block rewards per address, are stored in random addresses generated by mining. Through the research on early mining, Sergio said he found three privacy loopholes in the first version of Bitcoin code, and using the ExtraNonce value in the block reward transaction, he found the "single block" that has been mining continuously since the birth of Bitcoin. Big Miner". He called the blocks that fit this mining mode Patoshi blocks, and believed that this miner was Satoshi Nakamoto. The 17XiVVooLcdCUCMf9s4t4jTExacxwFS5uh address of this currency transfer does not belong to the Patoshi block address. Bitcoin researcher Jameson Lopp said that when the media saw the address transfers in the early days of Bitcoin, they exclaimed that Satoshi Nakamoto had returned, which was silly and naive. He added that in the first three months of Bitcoin's birth, there were 464 blocks, which did not conform to the law of "Satoshi Nakamoto block", and the media should update the information. What are the characteristics of Satoshi Nakamoto's mining behavior? According to Sergio's research - 1. Between 2009 and 2010, Satoshi Nakamoto dug out a total of 980,000 bitcoins, and may stop mining thereafter. 2. 99.9% of Bitcoin mining rewards that conform to the law of "Satoshi Nakamoto block" have not been used. Only 10% of the mining rewards that do not conform to this rule are not used.
