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Is this a block of Satoshi mined coins? Anyone know a way to see the origin date of a particular coin easily?
by thedudeabides5 7y ago
Is this a block of Satoshi mined coins?
Anyone know a way to see the origin date of a particular coin easily?
- wjnc 7y agoNot likely since that would have Bitcoin crashing massively due to uncertainty about what will become of the Satoshi Bitcoins.
- camjohnson26 7y agoIf these were Satoshi coins that would be a huge story since Satoshi’s private keys are presumed lost.
- delecti 7y agoThe identity of Satoshi isn't known. Why should anyone have presumptions about them? I agree it would be a huge story, but "Satoshi's private keys were presumed lost" wouldn't be in the top 10 reasons why.
- diminoten 7y agoBecause wealth never spent isn't actually wealth. If Satoshi could have, he would have, by now.
- camjohnson26 7y agoWhat are you talking about, it would be the number one reason why.
- delecti 7y ago"What happened to the private keys" is only an interesting question if we know something happened to them at all. For all anyone knows, Satoshi is a government biding its time, aliens, a hacker with a messy apartment, dead and their inheritors don't know what they have, already independently wealthy and doesn't care about their wallet, did it all for the lulz and doesn't care about the wallet. It's apparently not, but if this were Satoshi then I find these questions far more interesting: Who is Satoshi? Why was their identity hidden? Why emerge now?
- camjohnson26 7y agoSatoshi was probably Hal Finney, who passed away in 2014. The most likely explanation of what happened to the keys is that they weren’t properly safe guarded early in development because no one thought that one day bitcoins would be worth $20,000 a piece. When Finney died their total value was “only” around $45 million.
- delecti 7y agoIf Satoshi is Hal Finney, and dead, then "what happened to the keys" isn't an interesting question. If this were Satoshi reemerging, then "what happened to the keys" isn't relevant, because they're clearly fine.
- bvandewalle 7y agoI don't think those private keys are presumed lost. Those Satoshi coins are being kept there deliberately.
- LMYahooTFY 7y agoHow is there any evidence to support this assertion? As far as I've heard there is quite literally not a shred of supporting evidence.
- camjohnson26 7y agoQuite the opposite. If Satoshi is still alive that entity is worth around $10 billion. Incentives are a powerful thing and the fact that Satoshi hasn’t made a transaction in years is strong evidence those keys are lost.
- shmerl 7y agoDoesn't sound like evidence. Conjecture at most.
- thedudeabides5 7y agoMy blockchain might be a little rusty, but is it possible to tell the order in which a coin was mined (vs the total) from the information in the chain? If so, should be possible to find satoshi coins relatively easily, no?
- camjohnson26 7y agoBitcoin doesn’t really work like that, a “coin” is just a value tied to an address, so individual coins are never transferred. What you can do is see all the incoming transactions to an address to identify which addresses received the earliest mined coins.
- 7y ago
- ur-whale 7y ago> Anyone know a way to see the origin date of a particular coin easily? Nope. None of the early block rewards have moved in forever, and that's fairly easy to verify.