More On Satoshi And The Patoshi Pattern….

There was a post on the latest Satoshi revelations last week and more here on Sergio Dermain Lerner’s findings…

 

Mysterious Bitcoin mining pattern potentially solved after seven years

“Lerner first wrote about the mysterious Bitcoin mining pattern back in March 2013. Some privacy flaws in the original Bitcoin code allowed him to discover Satoshi’s mining idiosyncrasies. The crux of the pattern arises from the fact that Satoshi’s mining code incremented the ExtraNonce field differently than the default Bitcoin code. A couple of months ago, Lerner also suggested that Satoshi refrained from mining in the first five minutes of the block. This gave rise to growing speculation about the meaning behind this pattern.

Some have suggested that Satoshi was intentionally ‘marking’ their Bitcoins. Others say that this was a way for the Satoshi team to demarcate their portions of the fortune. Some speculate that Satoshi optimized their equipment or code, allowing them to mine faster than anyone else. Yet others believed that the pattern originated from the fact that Satoshi was using around 50 machines for mining. This latter theory may have given Craig Wright the idea to claim that he used a Bitcoin farm in Australia to mine his coins.

The truth, however, appears to be less exciting but more sound. Satoshi was using a multithreaded PC for mining. (Lerner also suggested to us that possibly Satoshi was using a Field-programmable gate array, which would be consistent with Satoshi apparently ‘pre-inventing’ GPU mining and would not affect these conclusions.) In order to avoid redundancy, Satoshi would limit each thread to a distinct, non-overlapping nonce space. During Bitcoin mining, a nonce gets incremented with every unsuccessful attempt to solve a hash puzzle. Thus, the mysterious pattern may not have been created by choice, but rather as a side effect of Satoshi’s unique mining setup. Lerner agreed with this conclusion, potentially allowing us to put the speculation over this theory to rest once and for all.”

https://cointelegraph.com/news/mysterious-bitcoin-mining-pattern-solved-after-seven-years

Master Asked on September 1, 2020 in Bitcoin.
Add Comment