The idea of designing Bitcoin was first born in 2007. This year the Federal Reserve cut interest rates to save the market, Scotland Galaxy annexed ABN AMRO, Murdoch took down Dow Jones, Microsoft bowed to the European Union, and I was working as a teacher in North America.
The wave of world centralization is getting more intense, and at the top of the wave, i witnessed the intensification of the world economic crisis. At that time, I think there must be a way to realize the transmission of information without resorting to any trusted thirdparty.
As Lazlo asked me on 06/18th, 2010, I also answered him with the same answer. According to this principle, I set out to create an electronic cash solution that does not rely on trusted third parties. At that time, this solution did not have a name. Later called him (Bitcoin).
This is a grand project. From the beginning, I knew that once the project came out, it was destined to rewrite history, but because the project was too grand and complicated, it was impossible to complete it in a short period of time only with my own strength.
My mathematics is not good, and he is not good at the field of function collection. But I still hope that it will be perfect on the day it comes out, so I perfect the code with almost paranoid enthusiasm and perseverance, optimize ideas and logic, seek help from more people.
November 1st, 2008 is a day worth recording. I compiled the essence of my achievements into a pdf and published it on the cryptography mailing list of the “metzdowd” website with the title “Bitcoin: A Peer-to-Peer Electronic Cash System” ! Now call it~The Bitcoin whitepaper.
After that, I started to be active on the Cryptography mailing list, Sorceforge development platform, P2P Foundation and Bitcointalk forum. I hope more people will use it and understand it, and can find like-minded friends to help me improve it together.
At that time, I left my identity information for the first time. I was born on April 5, 1975, Japanese, male, although it was fabricated. In 1975, U.S. President Ford signed a decree that made it legal for citizens to hold gold.
On January 3, 2009, the development of the Bitcoin PoW algorithm client was completed. No one knows and no one will use it. I knows very well, and I firmly believe that in time, this client will bring out the power to make the world tremble.
The client is running, mining starts, the difficulty is 1, the CPU starts to heat up, the sound of the fan is louder, buzzing, like the buzzing of bees, collecting honey in digital world. 50 bitcoins are born silently! This is the first digital gold of the genesis block.
I picked up <Times> and saw on the front page, “Chancellor on brink of second bailout for banks.” Very good! Banks no longer need assistance, and the Chancellor of the exchequer doesn’t have to worry about it anymore! I have left these words under the Bitcoin.
But this honor does not only belong to me. Before and after this, I received tremendous help from Sabo, David and Hal Finney. Thank you for your hard work and guidance! Without you, there would be no Bitcoin today.
After that, we started a long road of optimization and improvement, and more and more people with aspirations and insights joined the work of improving this project. We exchanged opinions, divided labor, and learned from each other. After all, no one is perfect.
I made a major mistake in the development of the first Windows version of the Bitcoin client. It was a serious security issue. Hal Finney contacted me and pointed out these, and then spent it took two weeks to complete it with me, until the first version no reports errors.
I have told many people in the forum that if Bitcoin does not disappear after 20 years, it must have been widely used. Because this is an outstanding project that many people contribute together, it is world-class!
And many people who contributed in the forum said that this is what Satoshi Nakamoto thought of, and it was done by Satoshi Nakamoto. I don’t like this. I thank everyone personally contributions, and too strong individualism will definitely affect his development.
At the same time, this newly born system is too fragile, a little external force is enough to destroy him, and people all over the world know less very much about him, so I’m careful and careful! Don’t want to make mistakes in any aspect.
The name is fake, the personal data is fake, the mining is anonymous, the email is PGP encrypted, the Internet uses tor bridge, and finally quit at the right time and never come back. In this way, all people only knows that a mysterious man named Satoshi Nakamoto invent it.
Because i was disappeared, so you can use Bitcoin with confidence, participate fairly, and promote it without selfish intentions to help this system grow stronger. At this point, I used language even mixes British English with American slang. I think i am doing well enough.
Finally one day, the opportunity came, although this opportunity was not my choice. On December 05 2010, Wiki leaked U.S. diplomatic cables. The entire community began to call on Wiki to accept Bitcoin donation to break the financial blockade.This is not a good phenomenon!
I don’t appreciate any of Assange’s actions because of this. The nascent system is too fragile. I don’t want Bitcoin to be involved in these events prematurely. This will affect Bitcoin first impression of the public.
At the same time, Deep web trading and the emergence of the “Silk Road” speculative market have all made me feel frustrated. I can’t deny that Bitcoin itself is indeed very adaptable to these events, but this is almost contrary to my original intention.
The users are either criminals or villains, not true liberals. But at the same time, the emergence of these things made me understand that the development of Bitcoin has started to get out of control, and there are not so many people in the community who support my claim.
I know that I should leave. There are the best talents and cryptography elites from all over the world. They can help Bitcoin grow stronger and stronger. Although the outcome of things is uncontrollable, I still believe that it will get better and better.
So I started to intentionally reduce the activities, and the work of the faculty is coming to an end. This is the most suitable opportunity to leave here. After answering a few small optimization questions, I decided to return to my country, and leave the project forever!
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