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I don't think those private keys are presumed lost. Those Satoshi coins are being kept there deliberately.
by bvandewalle 7y ago
I 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.
- thedudeabides5 7y agoGood point. Is there a way to see when an address was created? To date the opening of the account?
- camjohnson26 7y agoIt isn’t proof but it’s definitely evidence.
- burnte 7y agoThere's no way to tell the difference between a purposefully dormant "account" and one that has had the keys lost.