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My cynical guess is that he doesn’t have the private key, but wants to use legal methods (court cases, registering copyrights for documents, etc) as a means of
by tmp841 7y ago
My cynical guess is that he doesn’t have the private key, but wants to use legal methods (court cases, registering copyrights for documents, etc) as a means of establishing himself as Satoshi.
Once established he’ll launch a court case requiring a hard fork of the blockchain to “recover” Satoshi’s coins, because they are after all his, and profit ... assuming he doesn’t crack the truecrypt password first.
- tmp842 7y agoYah, from the man himself [1]: """You don’t sign a message to prove. Code is not law. Code does not replace law.""" [1] https://news.trijo.co/news/the-unedited-trijo-news-interview-with-bitcoin-sv-founder-craig-wright/?lang=en https://news.trijo.co/news/the-unedited-trijo-news-interview...
- Cthulhu_ 7y agoExcept he probably won't be able to create a hard fork; if my understanding of crypto / bitcoin is correct, he needs a majority of miners to go with it, and given that the Bitcoin is international that's going to be very difficult.
- bitxbitxbitcoin 7y agoTechnically, he has been able to create a hard fork without a majority of miners.
- jhanschoo 7y agoYou don't need a majority of miners to create a hard fork, you just need any amount. What you need a majority for is to get the chain to adopt your version of history without hard-forking.