Difference between revisions of "Bitcoin"

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(Related news: Trouble re Bitmain's IPO? - Bitmain's BTC and BCH holdings freak investors)
(Craig Wright throws in the towel (but not really, unfortunately he came back): StopCraigWright.com)
 
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You can find a couple of good introductions to bitcoin are [https://visual.ly/community/videographic/economy/bitcoin-explained here] and [http://bitcoinbytes.blogspot.co.uk/2012/04/what-is-bitcoin.html here].
 
You can find a couple of good introductions to bitcoin are [https://visual.ly/community/videographic/economy/bitcoin-explained here] and [http://bitcoinbytes.blogspot.co.uk/2012/04/what-is-bitcoin.html here].
  
 
{{section zero|Bitcoin/Organic Design statement|Organic Design statement on Bitcoin (2014)}}
 
 
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*[{{SERVER}}/files/8/89/Bitcoin.pdf The Bitcoin Whitepaper] ''- the original paper by Satoshi Nakamoto (you may want to learn about [[hash]]ing before reading this)''
 
*[{{SERVER}}/files/8/89/Bitcoin.pdf The Bitcoin Whitepaper] ''- the original paper by Satoshi Nakamoto (you may want to learn about [[hash]]ing before reading this)''
 
*[http://nakamotoinstitute.org/ The Satoshi Nakamoto Institute]
 
*[http://nakamotoinstitute.org/ The Satoshi Nakamoto Institute]
 +
*[https://whitepaper.coinspice.io/ Cartoon explanation of how it works]
 
*[http://visual.ly/bitcoin-explained Video about how it works for beginners]
 
*[http://visual.ly/bitcoin-explained Video about how it works for beginners]
 
*[http://prezi.com/eoj7ku9-g_y1/bitcoin-p2p-currency-for-bezadis/ Bitcoin - P2P currency for Bezadis] ''- good Prezi about bitcoin''
 
*[http://prezi.com/eoj7ku9-g_y1/bitcoin-p2p-currency-for-bezadis/ Bitcoin - P2P currency for Bezadis] ''- good Prezi about bitcoin''
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*[http://bitzuma.com/posts/five-ways-to-lose-money-with-bitcoin-change-addresses/ Understanding change addresses]
 
*[http://bitzuma.com/posts/five-ways-to-lose-money-with-bitcoin-change-addresses/ Understanding change addresses]
 
*[https://bitcointechtalk.com/transaction-malleability-explained-b7e240236fc7 Transaction malleability explained]
 
*[https://bitcointechtalk.com/transaction-malleability-explained-b7e240236fc7 Transaction malleability explained]
 +
*[https://btcmanager.com/introduction-bitcoins-scripting-language/ Introduction to Bitcoin Script]
  
 
=== The Bitcoin Wallet ===
 
=== The Bitcoin Wallet ===
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*[http://woobull.com/bitcoins-scaling-debate-deadlock-fueling-an-alt-coin-bubble-infographic/ Chart showing mid-2017 Alt-coin rise corresponding to Bitcoin scaling trouble]
 
*[http://woobull.com/bitcoins-scaling-debate-deadlock-fueling-an-alt-coin-bubble-infographic/ Chart showing mid-2017 Alt-coin rise corresponding to Bitcoin scaling trouble]
 
*[http://www.btcforkmonitor.info/ BTC fork monitor]
 
*[http://www.btcforkmonitor.info/ BTC fork monitor]
*[http://segwit.5gbfree.com/countsegwit.html Percentage of segwit transactions per block]
+
*[https://transactionfee.info/charts/payments/segwit Many charts including segwit percentage]
*[http://segwit.party/charts/ SegWit transaction percentage]
+
*<s>[http://segwit.5gbfree.com/countsegwit.html Percentage of segwit transactions per block]</s>
 +
*<s>[http://segwit.party/charts/ SegWit transaction percentage]</s>
 
*[https://p2sh.info/dashboard/db/bech32-statistics?orgId=1 Bech32 statistics]
 
*[https://p2sh.info/dashboard/db/bech32-statistics?orgId=1 Bech32 statistics]
 
*[https://explorer.acinq.co/#/ Lightning Network explorer] ''- explanation [https://medium.com/@ACINQ/releasing-our-lightning-network-explorer-93e87de150bb here]''
 
*[https://explorer.acinq.co/#/ Lightning Network explorer] ''- explanation [https://medium.com/@ACINQ/releasing-our-lightning-network-explorer-93e87de150bb here]''
 
*[https://lnd3.vanilla.co.za/multinodegraphs/index.html 3D lightning viewer]
 
*[https://lnd3.vanilla.co.za/multinodegraphs/index.html 3D lightning viewer]
 
*[https://bitcoinaverage.com BitcoinAverage] ''- historical bitcoin prices across multiple currencies''
 
*[https://bitcoinaverage.com BitcoinAverage] ''- historical bitcoin prices across multiple currencies''
 +
*[https://p2sh.info/dashboard/db/home-dashboard?orgId=1 p2sh.info] ''- stats on bitcoin transactions types including segwit usage''
 +
*[https://jochen-hoenicke.de/queue/ Johoe's Bitcoin Mempool Statistics]
  
== Work for Bitcoins ==
+
== Bitcoins working/funding ==
 +
*[https://bitpatron.co BitPatreon]
 +
*[https://medium.com/@BtcpayServer/btcpay-crowdfunding-abbb84525d8a BTCPay crowdfunding] ''- crowdfunding app for the [[Install a BTCPay server|BTCpay server]]''
 
*[https://21.co/tasks/ 21.co] '' earn bitcoin for performing small tasks''
 
*[https://21.co/tasks/ 21.co] '' earn bitcoin for performing small tasks''
 
*[https://www.chronobank.io ChronoBank] ''- this could be the new decentralised "upwork" when it gets going''
 
*[https://www.chronobank.io ChronoBank] ''- this could be the new decentralised "upwork" when it gets going''
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<div style="float:right">{{#ev:youtube|e__m-w4N7NI|300}}</div>
 
<div style="float:right">{{#ev:youtube|e__m-w4N7NI|300}}</div>
 
*[http://nakamotoinstitute.org/ The Satoshi Nakamoto Institute]
 
*[http://nakamotoinstitute.org/ The Satoshi Nakamoto Institute]
**[http://www.lrb.co.uk/v38/n13/andrew-ohagan/the-satoshi-affair Is Craig Satoshi or just an intricate scam?]
 
 
*[http://bitcoinfilm.org/about/ BitcoinFilm.org] ''- a short documentary about Bitcoin in Argentina''
 
*[http://bitcoinfilm.org/about/ BitcoinFilm.org] ''- a short documentary about Bitcoin in Argentina''
 
*[http://www.thebitcoinlist.com/ The Bitcoin List]
 
*[http://www.thebitcoinlist.com/ The Bitcoin List]
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*[http://www.mybitcoin.com/ MyBitcoin.com] ''- an easy to use online Bitcoin interface and free shopping cart for websites''
 
*[http://www.mybitcoin.com/ MyBitcoin.com] ''- an easy to use online Bitcoin interface and free shopping cart for websites''
 
*[https://en.bitcoin.it Bitcoin wiki] ''- a MediaWiki for Bitcoin''
 
*[https://en.bitcoin.it Bitcoin wiki] ''- a MediaWiki for Bitcoin''
**[https://en.bitcoin.it/wiki/FAQ Bitcoin FAQ]
+
*[https://lightningwiki.net Lightning Wiki] ''- a MediaWiki for the lightning network''
 
*[http://www.bitmit.net Bitmit] ''- an online auction using bitcoin for the currency''
 
*[http://www.bitmit.net Bitmit] ''- an online auction using bitcoin for the currency''
 
**[https://en.bitcoin.it/wiki/Trade Bitcoin Wiki] ''- Trade page which lists services that accept Bitcoin''
 
**[https://en.bitcoin.it/wiki/Trade Bitcoin Wiki] ''- Trade page which lists services that accept Bitcoin''
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== Interesting articles about Bitcoin ==
 
== Interesting articles about Bitcoin ==
 +
*[https://medium.com/scalar-capital/schnorr-signatures-754038368b87 Where Schnorr Signatures are at]
 +
*[https://inthemesh.com/archive/how-one-txtenna-enthusiast-is-building-a-censorship-resistant-bitcoin-mesh-network/ How One Txtenna Enthusiast is Building a Censorship-resistant Bitcoin Mesh Network] ''- experimenting with internet independent bitcoin transactions using goTennas in Auckland''
 +
*[https://hackernoon.com/the-reports-of-bitcoin-environmental-damage-are-garbage-5a93d32c2d7 The reports of bitcoin environmental damage are garbage] ''- who is Alex de Vries? and see also [https://www.coindesk.com/bitcoin-miners-send-message-at-fidelity-we-run-on-clean-energy-not-dirty-coal we run on clean energy, not dirty coal]''
 +
*[https://hackernoon.com/them-lightning-network-nodes-sure-do-look-centralized-to-me-what-gives-ee39c9b12ac0 Good detailed article analysing Lightning Network centralisation]
 +
*[https://hackernoon.com/post-bitcoin-maximalism-19f392610d67 Post-Bitcoin-Maximalism: A call for embracing the currency competition]
 +
*[https://hackernoon.com/marketcycle-4e5407d0c68 On the crypto market cycles] ''- see also [https://blog.goodaudience.com/bitcoin-network-momentum-a42346b2f0ce this one] on momentum too''
 +
*[https://bitcoinmagazine.com/articles/bitcoin-privacycoin-tech-making-bitcoin-more-private/ Good overview of the various bitcoin privacy options upcoming and available] ''- by Aaron van Wirdum''
 +
*[https://motherboard.vice.com/en_us/article/j5nzx4/what-was-the-first-blockchain Tthe very first blockchain was the New York Times!] ''- about the Haber and Stornetta references in the whitepaper''
 +
*[https://samsonmow.com/bitmain-ipo-and-technical-challenges/ Bitmain: IPO and Technical Challenges]
 
*[https://medium.com/cryptomedication/uncovering-the-real-cartel-in-bitcoin-65b56a7a00a2 Uncovering the cartel of Bitcoin] ''- very well researched piece on the connections between the big players in crypto''
 
*[https://medium.com/cryptomedication/uncovering-the-real-cartel-in-bitcoin-65b56a7a00a2 Uncovering the cartel of Bitcoin] ''- very well researched piece on the connections between the big players in crypto''
 
*[https://bitcoinmagazine.com/articles/there-bitcoin-patent-war-going-initiative-could-end-it/ The bitcoin patent-war and the BDPL]
 
*[https://bitcoinmagazine.com/articles/there-bitcoin-patent-war-going-initiative-could-end-it/ The bitcoin patent-war and the BDPL]
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== Related news ==
 
== Related news ==
 +
*05 Feb 2019: [https://www.trustnodes.com/2019/02/05/mt-gox-trustee-sold-500-million-worth-of-bitcoin-on-exchanges-says-new-court-evidence MT Gox Trustee Sold $500 Million Worth of Bitcoin on Exchanges Says New Court Evidence]
 +
*19 Jan 2019: [https://cointelegraph.com/news/total-value-of-bitcoin-sent-to-darknet-markets-increased-by-70-in-2018-report Darknet report] ''- more coin enters darknet, but is down as a proportion of total bitcoin''
 +
*03 Jan 2019: '''Happy Birthday Bitcoin!!!''' ''- the [https://www.blockchain.com/btc/block/000000000019d6689c085ae165831e934ff763ae46a2a6c172b3f1b60a8ce26f genesis block] was created 10 years ago today!''
 
*14 Aug 2018: [https://www.nasdaq.com/article/trouble-on-the-horizon-what-last-weekends-ruckus-means-for-bitmains-ipo-cm1007713 Trouble re Bitmain's IPO?] ''- Bitmain's BTC and BCH holdings freak investors''
 
*14 Aug 2018: [https://www.nasdaq.com/article/trouble-on-the-horizon-what-last-weekends-ruckus-means-for-bitmains-ipo-cm1007713 Trouble re Bitmain's IPO?] ''- Bitmain's BTC and BCH holdings freak investors''
 
*07 Jul 2018: [https://medium.com/@nopara73/wasabi-privacy-focused-bitcoin-wallet-for-desktop-3962d567045a Wasabi wallet alpha released] ''- strong provacy for bitcoin almost landed''
 
*07 Jul 2018: [https://medium.com/@nopara73/wasabi-privacy-focused-bitcoin-wallet-for-desktop-3962d567045a Wasabi wallet alpha released] ''- strong provacy for bitcoin almost landed''
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**[https://medium.com/@tradertimm/hearn-big-bank-bitcoin-bully-c61531c082e GCHQ too?!]
 
**[https://medium.com/@tradertimm/hearn-big-bank-bitcoin-bully-c61531c082e GCHQ too?!]
 
**[https://medium.com/@vcorem/lesson-learned-from-the-classic-coup-attempt-or-why-core-needs-to-prepare-a-gpu-only-pow-6a9afe18e4b0#.4h9s0qo7s Very good analysis of the classic/core dichotomy, and a likely lay of the land if classic succeeds]
 
**[https://medium.com/@vcorem/lesson-learned-from-the-classic-coup-attempt-or-why-core-needs-to-prepare-a-gpu-only-pow-6a9afe18e4b0#.4h9s0qo7s Very good analysis of the classic/core dichotomy, and a likely lay of the land if classic succeeds]
*14 Dec 2015: [http://cointelegraph.com/news/115867/uproov-blockchain-timestamping-goes-professional-notary-offices-decline-begins Uproov: Blockchain Timestamping Goes Professional, Notary Offices Decline Begins]
 
*09 Dec 2015: [http://gizmodo.com/this-australian-says-he-and-his-dead-friend-invented-bi-1746958692 Gizmodo] and [http://www.wired.com/2015/12/bitcoins-creator-satoshi-nakamoto-is-probably-this-unknown-australian-genius/ Wired] investigations may have found Satoshi Nakamoto, but the evidence [http://motherboard.vice.com/read/satoshis-pgp-keys-are-probably-backdated-and-point-to-a-hoax is pretty dodgy], ok [http://www.technologyreview.com/view/544431/how-to-spot-bitcoin-inventor-satoshi-nakamoto/ really dodgy]
 
*09 Sep 2015: [http://lawandbitcoin.com/en/close-to-the-ending-of-the-mtgoxs-bankruptcy-proceeding/ Close to the ending of the MtGox’s bankruptcy proceeding]
 
*02 Sep 2015: [https://bitcoinmagazine.com/21809/open-letter-bitcoin-community-developers/ Open letter from bitcoin developers to bitcoin community]
 
*28 Aug 2015: [https://bitcoinmagazine.com/21747/closer-look-bip100-block-size-proposal-bitcoin-miners-rallying-behind/ Majority of miners supporting BIP 100 rather than a hard fork]
 
*12 Aug 2015: [https://medium.com/@octskyward/why-is-bitcoin-forking-d647312d22c1 Major internal debate over block size may lead to a fork (BIP 101)]
 
*09 Aug 2015: [https://99bitcoins.com/details-emerge-regarding-5-million-bitstamp-heist/ Bitstamp hack was due to their IT guy running windows]
 
*06 Mar 2015: [http://bitcoinschannel.com/deutsche-bank-veteran-brazils-weakening-currency-creating-perfect-environment-for-bitcoin/ Deutsche Bank Veteran: Brazil’s Weakening Currency Creating ‘Perfect Environment’ for Bitcoin]
 
*10 Feb 2015: [http://www.coindesk.com/bitcoin-bitnet-260-airlines-uatp/ Bitnet Partnership Opens Up 260 Airlines to Bitcoin Payments]
 
*14 Jan 2015: Bitcoin crashing badly, under '''$200''' today! (peaked down to $176 in the night)
 
*12 Jan 2015: [http://gavintech.blogspot.com.br/2015/01/looking-before-scaling-up-leap.html Gavin Andreesen testing 20MB and 200MB block sizes]
 
*10 Jan 2015: [http://sourceforge.net/p/bitcoin/mailman/message/33221963/ Latest OpenSSL version incompatible with bitcoin]
 
*05 Jan 2015: [https://www.cryptocoinsnews.com/bitcoin-exchange-just-lose-12-bitcoins-possible-bitstamp-hack-address-contains-18866-stolen-btc/ Stamp just got Goxed!]
 
*01 Jan 2015: [https://www.cryptocoinsnews.com/japanese-police-suspect-99-of-mt-gox-bitcoins-missing-due-to-fraud-not-transaction-malleability-hack/ Japanese Police Suspect 99% of Mt. Gox Bitcoins Missing Due to Fraud, Not Transaction Malleability Hack]
 
*15 Dec 2014: [http://cointelegraph.com/news/113115/johoe-strikes-again-lifts-more-than-300-bitcoins-from-secure-wallets Johoe Strikes Again, Lifts More than 300 Bitcoins from "Secure" Wallets]
 
*02 Dec 2014: [https://blockchain.info/tx/8f1d3a8ef6b2d4a25d2f499279e01518b4770819ccbc39a765c4c326170c61b3 Huge 214K BTC transfer ($81 million USD)]
 
*30 Nov 2014: [http://altcoinpress.com/2014/11/spar-the-first-bitcoin-supermarket-opens-its-doors-in-the-netherlands/ Spar: The First Bitcoin Supermarket Opens Its Doors In The Netherlands]
 
*26 Nov 2014: [http://www.coindesk.com/kraken-assist-search-missing-mt-gox-bitcoins/ Kraken to Assist in Search for Missing Mt Gox Bitcoins]
 
*24 Nov 2014: [https://www.cryptocoinsnews.com/bitcoin-can-better-two-17-year-old-students-show-how/ Two 17-Year-Old Students create trustless escrow service for bitcoin payments]
 
*23 Nov 2014: [http://bitcoinexaminer.org/cancer-patients-bitcoin-illegal-online-markets-buy-drugs/ Cancer patients forced to use Bitcoin-driven illegal online markets to buy drugs]
 
*31 Oct 2014: [http://www.prnewswire.co.uk/news-releases/worlds-first-crypto-currency-bank-fidor-bank-ag-and-kraken-welcome-potential-partners-in-establishing-banking-platform-281077152.html World's First Crypto-Currency Bank: Fidor Bank AG and Kraken Welcome Potential Partners in Establishing Banking Platform]
 
*09 Oct 2014: [http://www.coindesk.com/bitcoin-guru-andreas-antonopoulos-appears-canadian-senate/ Andreas Antonopoulos Appears Before Canadian Senate]
 
*05 Oct 2014: ''BTC under '''$300''' today!''
 
*05 Oct 2014: [http://bitcoinpricelive.com/chinese-bitcoins-crash-market/ Fake Chinese Bitcoins & Litecoins Commonplace At Chinese Exchanges Evidence Shows]
 
*05 Oct 2014: [http://www.coindesk.com/greenpeace-bitcoin-helps-us-promote-free-speech-independence/ Greenpeace USA starts accepting bitcoin] ''- Bitcoin Helps Us Promote Free Speech, Independence''
 
*04 Oct 2014: [http://www.coindesk.com/sky-falling-reflections-16-months-bitcoin/ The Sky is Not Falling: Reflections on My 16 Months in Bitcoin] ''- bitcoin price is so low ($350) simply due to higher merchant/investor ratio''
 
*03 Oct 2014: [http://bravenewcoin.com/news/circle-goes-live/ Circle Goes Live. Buy And Sell Bitcoin With Your Credit Card]
 
*28 Sep 2014: [http://cointelegraph.com/news/112625/as-the-feds-secrets-are-revealed-will-the-world-turn-to-bitcoin As the Fed's secrets are revealed, will the world turn to Bitcoin?]
 
*27 Sep 2014: [http://bitcoinmagazine.com/16855/coin-mx-first-bitcoin-exchange-accept-credit-cards-deposit/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+BitcoinMagazine+%28Bitcoin+Magazine%29 Finally bitcoin is mainstream enough that you can buy them with credit card]
 
*24 Sep 2014: [http://tucker.liberty.me/2014/09/25/blockchain_wedding/?refer=libertyme The first marriage on the blochchain]
 
*23 Sep 2014: [http://www.coindesk.com/bitcoin-price-surges-positive-paypal-news/ Bitcoin Price Surges Amid Positive PayPal News]
 
*11 Sep 2014: [http://www.cryptocoinsnews.com/bank-england-documents-show-financial-sector-understands-bitcoin/ Bank of England issues research paper on bitcoin]
 
*08 Sep 2014: [http://www.businessweek.com/news/2014-09-08/ebay-s-paypal-unit-to-start-accepting-bitcoin-payments Paypal to start accepting bitcoin payments]
 
*02 Sep 2014: [http://globalcryptonews.com/2014/09/02/britain-confirms-long-suspected-positive-stance-on-cryptocurrency/ Britain Confirms Long-Suspected Positive Stance on Cryptocurrency]
 
*30 Aug 2014: [https://coinreport.net/the-bit-drop-residents-dominica-receive-bitcoin-2015/?utm_source=rss&utm_medium=rss&utm_campaign=the-bit-drop-residents-dominica-receive-bitcoin-2015 The Bit Drop: All residents of Dominica to receive Bitcoin in 2015]
 
*29 Aug 2014: [http://www.cryptocoinsnews.com/news/remembering-hal-finney-bitcoin-pioneer-with-als/2014/08/29?utm_source=rss&utm_medium=rss&utm_campaign=remembering-hal-finney-bitcoin-pioneer-with-als Remembering Hal Finney: Bitcoin Pioneer With ALS]
 
*27 Aug 2014: [http://cointelegraph.com/news/112378/dark-wallet-vs-bitcoin-fog-battle-of-anonymous-bitcoin-services Dark Wallet vs Bitcoin Fog: Battle Of Anonymous Bitcoin Services]
 
*21 Aug 2014: [http://techcrunch.com/2014/07/21/new-york-to-bitcoin-startups-get-permission-or-get-out/ New York To Bitcoin Startups: Get Permission Or Get Out]
 
*14 Aug 2014: [http://www.matlabtrading.net/main/2014/08/14/bitfinex-margin-call-cascade-algorithm-explained/ Bitfinex: cascading margin calls resulting in flash crash]
 
*11 Aug 2014: [http://www.reddit.com/r/NZBitcoin/comments/2dak6a/bitnz_announcement/ 39 bitcoins stolen from BitNZ]
 
*12 Jun 2014: [http://www.coindesk.com/18-million-worth-of-silk-road-bitcoin-to-be-sold-by-us-government/ $18 Million Worth of Silk Road Bitcoin to be Sold By US Government]
 
*22 Apr 2014: [http://arstechnica.com/tech-policy/2014/04/digging-for-answers-the-strong-smell-of-fraud-from-one-bitcoin-miner-maker/ Digging for answers: The “strong smell” of fraud from one Bitcoin miner maker]
 
*21 Apr 2014: [https://go.airbitz.co/airbitz-dark-wallet-win-bitcoin-hackathon-darkmarket/ Airbitz & Dark Wallet Devs Win Bitcoin Hackathon with DarkMarket!]
 
*17 Apr 2014: [http://rt.com/usa/bitcoin-marijuana-vending-machine-228/ Bitcoin for bud: Weed vending machines in Colorado will accept cryptocurrency]
 
*16 Apr 2014: [http://www.coindesk.com/mt-gox-officially-files-liquidation/ Mt. Gox Officially Files for Liquidation]
 
*15 Apr 2014: [http://www.coindesk.com/pboc-deadline-day-business-usual-btc-china/ PBOC Deadline Day: Business as Usual for BTC China]
 
*11 Apr 2014: [http://www.bizjournals.com/birmingham/blog/2014/04/birmingham-tech-company-hopesto-help-take-bitcoin.html Instagift hopes to help take Bitcoin mainstream]
 
*11 Apr 2014: [http://www.cryptocoinsnews.com/news/bitcoin-markets-rise-news-chinese-bitcoin-exchanges-response-plan-bank-accounts-closing/2014/04/11 Bitcoin Markets Rise On News Of Chinese Bitcoin Exchanges’ Response Plan To Bank Accounts Closing]
 
*04 Mar 2014: [http://falkvinge.net/2014/02/28/the-gox-crater-crowd-detectives-reveal-billion-dollar-heist-as-inside-job/ In depth analysis of the Mt Gox events]
 
*23 Feb 2014: [http://online.wsj.com/news/articles/SB10001424052702303426304579401883794330454?mg=reno64-wsj&url=http%3A%2F%2Fonline.wsj.com%2Farticle%2FSB10001424052702303426304579401883794330454.html Mt. Gox Resigns From Bitcoin Foundation]
 
*12 Feb 2014: [http://www.coindesk.com/africas-largest-bank-trials-bitcoin-integration-system/ Major Multinational Bank Trials Integration with Bitcoin]
 
*10 Feb 2014: [http://onbitcoin.com/2014/02/10/failing-bitcoin-exchange-mtgox-spreads-misinformation-creating-price-scare/ Failing Bitcoin Exchange MtGox Spreads Misinformation Creating Price Scare]
 
*10 Feb 2014: [https://www.mtgox.com/press_release_20140210.html Mt Gox statement blaming bitcoin protocol for the problems] ''- specifically blaming the [https://en.bitcoin.it/wiki/Transaction_Malleability Transaction Malleability] problem, see also [https://bitcointalk.org/index.php?topic=458074.0 forum discussion]''
 
*09 Feb 2014: [http://www.coindesk.com/mt-gox-first-bitcoin-exchange-dead/ Why Mt. Gox, the World’s First Bitcoin Exchange, is Dying]
 
*05 Feb 2014: [http://www.reddit.com/r/BitcoinMarkets/comments/1wza44/poll_are_you_having_mt_gox_withdrawal_issues/ Poll: Are you having Mt. Gox Withdrawal Issues?]
 
*04 Feb 2014: [http://www.coindesk.com/russian-prosecutors-office-btc-e-investigation-hoax/ Russian Prosecutor’s Office: BTC-e Investigation Report was a Hoax] ''- lol I was in the trollbox when this happened :-D the FUD was intense!''
 
*21 Jan 2014: [http://www.bbc.co.uk/news/uk-england-cumbria-25824968 Bitcoin tuition fee payment at Cumbria University]
 
*11 Dec 2013: [http://www.businessinsider.com/debunking-jp-morgan-bitcoin-2013-12 Debunking the JP Morgan patent for a Bitcoin-like payment system]
 
*09 Dec 2013: [http://thenextweb.com/insider/2013/12/09/bitcoin-fan-in-latin-america-mt-gox-now-offers-faster-deposits-with-local-banks/ Mt. Gox Makes Bitcoin More Accessible in Latin America]
 
*06 Dec 2013: [http://www.businessinsider.com.au/david-woo-on-bitcoin-2013-12 This Is, Quite Simply, The Biggest Endorsement That Bitcoin Has Ever Received]
 
*06 Dec 2013: [http://www.bbc.co.uk/news/technology-25233224 China bans banks from handling Bitcoin trade]
 
*27 Nov 2013: '''[[:File:Bitcoin_hits_$1000.jpg|BTC over $1,000 today!!!]]'''
 
*23 Nov 2013: [http://www.activistpost.com/2013/11/bitcoin-tops-paypal-for-first-time-in.html Bitcoin Tops PayPal For First Time in Total Transactions]
 
*17 Nov 2013: '''[[17 November 2013|BTC hit $500 today!!!]]'''
 
*13 Nov 2013: ''BTC over '''$400''' today!''
 
*07 Nov 2013: ''BTC over '''$300''' today!''
 
*04 Nov 2013: [http://www.coindesk.com/btc-china-beats-mt-gox-bitstamp-become-worlds-1-bitcoin-exchange/ BTC China beats Mt. Gox and Bitstamp to become the world’s No.1 bitcoin exchange]
 
*15 Oct 2013: [http://finance.yahoo.com/news/chinas-google-now-accepting-bitcoin-182100345.html China's Google Is Now Accepting Bitcoin]
 
*08 Aug 2013: [http://rt.com/usa/bitcoin-sec-shavers-texas-231/ Court officially declares Bitcoin a real currency]
 
*29 Jul 2013: [http://arstechnica.com/tech-policy/2013/07/thailand-bans-using-bitcoin-in-any-way-local-startup-reports/ Thailand bans using Bitcoin in any way, local startup reports]
 
*03 Jul 2013: [http://sovereignlife.com/blog/2013/mt-gox-sanctioned/ Gox sanctioned] ''- banks disable payments to and from Gox''
 
*20 Jun 2013: [http://www.thegenesisblock.com/mt-gox-halts-run-on-usd-as-market-share-falls-to-lowest-on-record/ Mt Gox Halts Run on USD as Market Share Falls to New Low]
 
*28 May 2013: [http://www.thegenesisblock.com/at-this-rate-the-last-new-btc-will-be-issued-55-years-ahead-of-schedule/ At This Rate, The Last New BTC Will Be Issued 15 to 55 Years Ahead Of Schedule]
 
*17 May 2013: [http://rt.com/business/bitcoin-threat-financial-system-425/ "Non-political" Bitcoin is "like internet – can't be put away easily"]
 
*26 Apr 2013: [http://www.guardian.co.uk/technology/video/2013/apr/26/bitcoin-currency-moves-offline-berlin-video Bitcoin: world's fastest growing currency migrates off the internet]
 
*18 Apr 2013: [http://www.reddit.com/r/Bitcoin/comments/1cbrjt/for_everyone_worrying_about_bitcoin24_please_read/ Bitcoin-24's bank account frozen by German authorities]
 
*10 Apr 2013: [http://techcrunch.com/2013/04/10/bitcoin-crash/ Bitcoin Suffers A Correction Amid Apparent DDOS Attacks On Some Exchanges]
 
*10 Apr 2013: ''Major BTC collapse today from $266 down to $90!''
 
*09 Apr 2013: ''BTC over '''$200''' today!''
 
*01 Apr 2013: ''BTC over [[1 April 2013|'''$100''']] today!!!''
 
*31 Mar 2013: [http://rt.com/news/bitcoin-challenge-dollar-currency-121/ Challenging the dollar: Bitcoin total value tops $1 billion]
 
*28 Mar 2013: ''BTC over $90 today''
 
*26 Mar 2013: [http://www.youtube.com/watch?v=aaOsM3RUNG8 Bitcoin on BBC Newsnight]
 
*26 Mar 2013: ''BTC over $80 today''
 
*24 Mar 2013: [http://www.activistpost.com/2013/03/bitcoin-zerocoin-privacy-extension-to.html Bitcoin Privacy Extension to Have Backdoor for Government Snooping?]
 
*21 Mar 2013: ''BTC over $70 today''
 
*20 Mar 2013: [http://www.bloomberg.com/news/2013-03-20/fleeing-the-euro-for-bitcoins-.html Fleeing the Euro for Bitcoins]
 
*20 Mar 2013: ''BTC over $60 today''
 
*19 Mar 2013: [http://www.activistpost.com/2013/03/cyprus-bank-raid-bitcoins.html Is Bitcoin the New Safe-Haven Currency? Bitcoins Surge After Cyprus Bank Raid]
 
*19 Mar 2013: [http://irdial.com/blogdial/?p=3488 FinCEN sounds death knell for US based Bitcoin businesses]
 
*18 Mar 2013: ''BTC over '''$50''' today!!! - probably jumped up a bit due to the [[18 March 2013|Cypress drama]]''
 
*12 Mar 2013: [http://arstechnica.com/business/2013/03/major-glitch-in-bitcoin-network-sparks-sell-off-price-temporarily-falls-23/ Major glitch in Bitcoin network sparks sell-off; price temporarily falls 23%]
 
*05 Mar 2013: ''BTC over $40 today''
 
*01 Mar 2013: ''BTC over $35 today''
 
*21 Feb 2013: ''BTC over $30 today''
 
*12 Feb 2013: ''BTC over $25 today''
 
*07 Jan 2013: [http://techcrunch.com/2013/01/07/bitpay-banks-500k-in-angel-investment-to-become-paypal-for-bitcoin-already-has-2100-businesses-on-board/ BitPay Banks $510K In Investment To Become PayPal for Bitcoin, Already Has 2,100 Businesses On Board]
 
*07 Dec 2012: [http://www.theverge.com/2012/12/7/3740136/bitcoin-exchange-bank-france-bitcoin-central Bitcoin exchange gains clearance to operate as a real bank in France]
 
*28 Nov 2012: The block completion reward halved to 25 BTC today.
 
*14 Oct 2012: [http://financialcryptography.com/mt/archives/001389.html More surreal events in the Crypto Cold War - the BitCoin blockade of Iran]
 
*02 Sep 2012: [http://thenextweb.com/insider/2012/09/02/bitcoin-alive-stay-or-slowly-fading-away/ Bitcoin alive and here to stay, or slowly fading away?]
 
*20 Aug 2012: ''Plummeted all the way down to about $7.50, then quickly bounced back to a stable $10''
 
*17 Aug 2012: ''BTC hit $15 today''
 
*16 Aug 2012: [http://bitcoinmagazine.net/trading-bot-runs-amok-on-mtgox/ Trading Bot Runs Amok on MtGox]
 
*08 Aug 2012: [http://www.forbes.com/sites/jonmatonis/2012/08/11/my-answer-to-a-vcs-bitcoin-question/ My Answer To A VC's Bitcoin Question - Forbes]
 
*02 Aug 2012: ''BTC just went over $10!''
 
*11 JUl 2012: [http://siliconangle.com/blog/2012/07/11/paypals-abandonment-of-major-cyberlockers-may-become-bitcoins-big-win/ Paypal’s Abandonment of Major Cyberlockers May Become Bitcoin’s Big Win]
 
*29 Jun 2012: [http://allthingsd.com/20120629/betting-on-bitcoin-coinbase-wants-to-be-the-paypal-of-the-internet-only-currency/?mod=tweet Betting on Bitcoin: Coinbase Wants to Be the PayPal of Internet-Only Currency]
 
*26 Jun 2012: [http://www.marketwatch.com/story/bitpay-shatters-record-for-bitcoin-payment-processing-2012-06-26 BitPay Shatters Record for Bitcoin Payment Processing]
 
*22 Jun 2012: [http://www.forbes.com/sites/jonmatonis/2012/06/22/the-bitcoin-richest-accumulating-large-balances/ The Bitcoin Richest: Accumulating Large Balances]
 
*19 Jun 2012: [http://www.forbes.com/sites/jonmatonis/2012/06/19/torwallet-sparks-trust-without-jurisdiction-debate/ TORwallet Sparks Trust Without Jurisdiction Debate]
 
*18 Jun 2012: [http://www.dailyfinance.com/2012/06/18/bitcoins-euro-europe-safe-haven-currency/ Are Bitcoins Becoming Europe's New Safe Haven Currency?]
 
*13 Jun 2012: [http://www.forbes.com/sites/jonmatonis/2012/06/13/why-apple-is-afraid-of-bitcoin/ Why Apple Is Afraid Of Bitcoin]
 
*12 Jun 2012: [http://www.reuters.com/article/2012/04/01/traders-bitcoin-idUSL6E8ET5K620120401 Bitcoin, the City traders' anarchic new toy]
 
*04 Jun 2012: [http://afr.com/p/technology/banks_get_ready_for_virtual_cash_I7LI6KZ7wx9TXNwUKWuc9I Banks get ready for virtual cash]
 
*14 May 2012: [http://www.h-online.com/security/news/item/Bitcoinica-Bitcoin-site-breached-1574907.html Bitcoinica site breached]
 
*09 May 2012: [http://www.wired.com/threatlevel/2012/05/fbi-fears-bitcoin/ FBI release a report on how Bitcoin works]
 
*21 Apr 2012: [http://www.forbes.com/sites/jonmatonis/2012/04/21/bitcoinica-registers-in-new-zealand-for-bitcoin-margin-trading/ Bitcoinica Registers in New Zealand for Bitcoin Margin Trading]
 
*24 Sep 2011: [http://www.bitcoinblogger.com/2011/10/bitcoin-set-to-unleash-massive-tsunami.html  Developers of the crypto-currency are designing initial support for multi-transactions] - Multi-transactions allow the possibility of ‘contracts’.
 
*16 Aug 2011: [http://tradehillblog.com/2011/08/16/usd-domestic-and-international-wire-transfers-are-available-again/ TradeHill: USD Domestic and International Wire Transfers are Available Again]
 
*22 Jun 2011: [http://www.theregister.co.uk/2011/06/22/eff_drops_bitcoin/ EFF backs away from Bitcoin]
 
*20 Jun 2011: [http://www.youtube.com/watch?v=GkxvCttvSo4 True News: Vancouver Riots, Greek Austerity & Bitcoin Thefts]
 
*19 Jun 2011: [http://www.dailytech.com/Inside+the+MegaHack+of+Bitcoin+the+Full+Story/article21942.htm DailyTech: Inside the Mega-Hack of Bitcoin: the Full Story]
 
**23 Jun 2011 [http://poibella.org/emptyset/?p=387 a more accurate telling of the hack]
 
*17 Jun 2011: [http://www.pcworld.com/article/230535/symantec_uncovers_bitcoinstealing_trojan.html Symantec Uncovers Bitcoin-Stealing Trojan]
 
*16 Jun 2011: [http://www.h-online.com/open/news/item/Bitcoin-theft-half-a-million-dollars-gone-1261306.html Bitcoin theft: half a million dollars gone?]
 
*14 Jun 2011: [http://www.youtube.com/watch?v=s_VewfiuCao True News: Bitcoin, Free Markets and Economics 101]
 
*12 Jun 2011: [http://www.guardian.co.uk/technology/2011/jun/12/bitcoin-online-currency-us-government guardian.co.uk - Bitcoin: the hacker currency that's taking over the web]
 
*07 Jun 2011: [http://finance.yahoo.com/banking-budgeting/article/112907/bitcoin-triples-again-smartmoney Bitcoin Triples Again]
 
*06 Jun 2011: [http://www.smh.com.au/technology/technology-news/secret-money-abc-virtual-currency-racket-probe-20110623-1ggp6.html IT staffer installs bitcoin miner on ABC's servers]
 
*03 Jun 2011: [http://www.activistpost.com/2011/06/new-decentralized-currency-stimulating.html New Decentralized Currency Stimulating Underground Barter Economy]
 
*04 May 2011: [http://www.rogerdavies.com/2011/05/bitcoins-beat-the-banker/ Bitcoins Beat the Bankers – Webs First Peer-to-Peer Bitcoin Crypto Currency Empowers Users, May Replace Banks]
 
*30 Apr 2011: [http://bitcointalk.org/?topic=2555.msg101084#msg101084 CoinPal gets shut down]
 
*23 Mar 2011: [http://news.slashdot.org/story/11/03/23/0210207/Google-Engineer-Releases-Open-Source-Bitcoin-Client Google engineer releases open source Bitcoin client]
 
*20 Jan 2011: [https://www.eff.org/deeplinks/2011/01/bitcoin-step-toward-censorship-resistant EFF calls Bitcoin a Step Toward Censorship-Resistant Digital Currency]
 
*07 Jun 2010: [[7 June 2010|Our local news item introducing Bitcoin]]
 
  
 
== Segwit2X and BCash ==
 
== Segwit2X and BCash ==
Line 462: Line 342:
  
 
And goodbye.|[http://www.drcraigwright.net/extraordinary-claims-require-extraordinary-proof/ Dr. Craig Wright]}}
 
And goodbye.|[http://www.drcraigwright.net/extraordinary-claims-require-extraordinary-proof/ Dr. Craig Wright]}}
 +
 +
*[https://www.stopcraigwright.com StopCraigWright.com]
 +
*[http://www.lrb.co.uk/v38/n13/andrew-ohagan/the-satoshi-affair Is Craig Satoshi or just an intricate scam?] ''- Andrew Ohagen's story about Craig Wright's "coming out" fiasco''
 +
*[https://bitcoinmagazine.com/articles/op-ed-how-many-wrongs-make-wright/ How Many Wrongs Make a Wright?] ''- Lopp's research on Wright''
 +
*[https://www.reddit.com/r/Bitcoin/comments/bcfl12/my_letter_of_legal_action_from_craig_faketoshi/ The A-Z of Faketoshi] ''- see also [https://web.archive.org/web/20160502072416/http://www.drcraigwright.net/consistency-distribution-transactions/ Bitcoin mining: consistency and the distribution of transactions], and [https://web.archive.org/web/20190117205542/https://github.com/CultOfCraig/cult-of-craig Craig's List] in web archive''
 +
*[https://bitslog.wordpress.com/2013/04/17/the-well-deserved-fortune-of-satoshi-nakamoto/ Analysis of Satoshi's addresses]
 +
*[https://weareallhodlonaut.com/ Graig taking legal action against Hodlonaut for publicly showing evidence against him]
 +
*[https://blog.wizsec.jp/2018/02/kleiman-v-craig-wright-bitcoins.html Kleiman v Craig Wright: The bitcoins that never were]
  
 
== See also ==
 
== See also ==

Latest revision as of 20:28, 21 May 2019

Broom icon.svg The content of this article requires cleaning up to meet OD's quality standards. Check the wiki best practices for guidelines on improving article and categorisation quality.
Bitcoin is an open source peer-to-peer electronic cash system that's completely decentralised, with no central server, trusted authorities or middle men. The availability of bitcoins can't be manipulated by governments or financial institutions.

Bitcoin is the first truly decentralised currency and has paved the way for hundreds more to compete together in Cipherspace over the coming years. This is one of the key factors in the transition of global society into the post-nation-state economy talked about in books like The Sovereign Individual and which is coming to be known by agorists as The Second Realm.

The value of the bitcoin approximately depends on the size of the network, and essentially gives you a 1 / 21000000 share in the value that can come out of this network and its ability to facilitate trade. When gold was the dominant currency, it seemed that it represented physical value while bitcoin is a looking glass that shows us what money really is: social value.

Bitcoin is the first online currency to solve the so-called “double spending” problem without resorting to a third-party intermediary. The key is distributing the database of transactions across a peer-to-peer network. This allows a record to be kept of all transfers, so the same cash can’t be spent twice–because it’s distributed (a lot like BitTorrent), there’s no central authority. This makes digital bitcoins like cash dollars or euros: Hand them over directly to a payee, and you don’t have them any more, all without the help of a third party.

You can find a couple of good introductions to bitcoin are here and here.

How it works

In a p2p computer network there are no servers, the entire network is composed of users running instances of the application on their computers. Each running instance offers a small amount of processing and storage resource to the network so that it can deliver the services it was designed for such as redundant storage, anonymity or voice-over-IP applications.

In the case of a p2p currency system, some of the services the network is designed to offer are privacy, verification, authentication, currency creation and transfer of ownership. To ensure a reliable and tamper-proof system requires a lot of resource, and that amount is proportional to the amount of coins in the network. The network is able to pay the users for the resource they offer by making the coin-creation process part of the network protocol itself instead of being handled by a central trusted authority. This creates a natural and incorruptible link between the supply of currency in the network and the demand for it.

Even aside from the ability to exchange bitcoins for other currencies, it still makes a very useful tool for independent organisations and groups because it allows them to trade and settle accounts amongst themselves independently and privately. It effectively gives them a "bank" that has a trustworthy system of accounts that can't be tampered with and requires no corruptible central authority to operate. See the following links for more detailed information about how it works.

Bitcoin was born on January 3rd, 2009, at 6:15PM Greenwich Mean Time, which is when Satoshi Nakamoto mined the first 50 coins, known as the "genesis block."

The Bitcoin Wallet

The term "wallet" is actually a little bit misleading because the information representing coins and transactions are actually stored throughout the entire network (in the blockchain), not in the wallets. The wallet actually stores private keys that give the wallet-holder the ability to spend coins in the network that are confirmed as being currently associated with one of your private keys. A bitcoin address that you show to other people in order for them to send you money is the public half of one of the private keys in your wallet.

This means that it's very important to back up your wallet and to remember the password you've locked it with, because if you lost access to your wallet you'd no longer have control over any of the coins in the network that are associated with your addresses. You must back up your wallet whenever you create a new address, but there's no need to back up your wallet every time you receive new coins, because these are not stored in your wallet. For example, you could have a bitcoin wallet on a computer that's never been connected to the network and be paid into that wallets address for years before you got around to connecting it and checking your balance.

Note: these days there are deterministic wallets available which allow you to backup your wallet with a single password or phrase, and you don't need to create a new backup even when new addresses are created in your wallet.

Bitcoin stats, charts & tools

Bitcoins working/funding

Other projects on the blockchain

It has been a hot debate for years amongst the bitcoin developers as to whether or not the blockchain should allow the storage of data not related specifically to bitcoins. Even Satoshi himself weighed in on this debate saying that,

Quote.pngPiling every proof-of-work quorum system in the world into one dataset doesn't scale. Bitcoin and BitDNS can be used separately. Users shouldn't have to download all of both to use one or the other. BitDNS users may not want to download everything the next several unrelated networks decide to pile in either.
— Satoshi Nakamoto

Eventually projects started to store custom data in the blockchain in exotic ways which began to bloat the blockchain, so the developers in mid 2014 added the OP_RETURN opcode to the official set of executable codes which allows 40 bytes of custom data to be added to transactions. With OP_RETURN, Bitcoin's long-running debate over acceptable uses of the block chain has received some much needed clarity. Applications can now inexpensively add a 40 byte data payload to transactions using the OP_RETURN script function. On a technical level, OP_RETURN doesn't enable anything that wasn't previously possible. Instead, OP_RETURN provides a standard interface through which new services can potentially be layered onto the block chain, and a central point of focus for future work on integration tools.

Here's a list of various projects and ideas that extend the functionality available in the blockchain.

Further reading on bitcoin

Economics & Liberty articles

Other sites about Bitcoin

How bitcoin can help the world

Interesting articles about Bitcoin

Related news

Segwit2X and BCash

Craig Wright throws in the towel (but not really, unfortunately he came back)

Quote.png

I’m Sorry

I believed that I could do this. I believed that I could put the years of anonymity and hiding behind me. But, as the events of this week unfolded and I prepared to publish the proof of access to the earliest keys, I broke. I do not have the courage. I cannot.

When the rumors began, my qualifications and character were attacked. When those allegations were proven false, new allegations have already begun. I know now that I am not strong enough for this.

I know that this weakness will cause great damage to those that have supported me, and particularly to Jon Matonis and Gavin Andresen. I can only hope that their honour and credibility is not irreparably tainted by my actions. They were not deceived, but I know that the world will never believe that now. I can only say I’m sorry.

And goodbye.
Dr. Craig Wright

See also

Attachments