The mystery of Satoshi Nakamoto, the pseudonymous inventor of Bitcoin, has remained unsolved for 17 years. Not anymore. Read my 18-month investigation to find out who Satoshi really is. https://t.co/fPtaK6YHJC
Before Satoshi disappeared he gave one developer a secret key that could override every single Bitcoin node
It was called the Alert Key
Satoshi added it to Bitcoin in 2010 after the 184 billion coin bug almost killed the entire network
When a valid alert was sent using this key, every Bitcoin client would go into "safe mode" and could freeze transactions
He handed it to Gavin Andresen along with control of the entire code repository right before he vanished
Only three people had access: Satoshi, Gavin Andresen, and Theymos
The key was used 12 times between 2012 and 2014 to broadcast emergency upgrade notices
A decentralized currency with no central authority had a hidden override switch controlled by three people for six years
It wasn't removed until Bitcoin version 0.13.0 in 2016
In 2018 developers published the key publicly so it could never be used again
The most decentralized financial network in history had a backdoor the entire time and almost nobody knew about it
For those who don’t know,
#Bayesian#inference is the golden standard stats model that updates a hypothesis as new data arrives: 👇
Initial Belief (Prior) + New Evidence (Likelihood) =
Updated Belief (Posterior)
Brilliant job by @JohnCarreyrou 👏 🫡
https://t.co/0sE7K39HPs
Satoshi's original Bitcoin code had a built in poker game hidden inside it
The first version of Bitcoin released in January 2009 contained a class called CPokerLobbyDialogBase
It had framework code for an on chain poker game, an IRC chat client and a peer to peer marketplace all built into the mining software
The poker code was added on April 16, 2008, months before the whitepaper was even published
It stayed in the codebase for years and wasn't fully removed until Bitcoin version 0.8.2
Nobody knows why Satoshi built a poker game into a digital currency
The code is still visible today on GitHub in the original Bitcoin v0.1 source code, lines 1573 to 1731
"Carreyrou’s article is already a narrative version of this Bayesian analysis: he identified the evidence categories, assessed their independence, weighed alternatives, and reached a conclusion. I just added the numbers. His version is more readable than mine. Go read the article."
"The crypto community’s demand for a private-key signature, while understandable given the history of failed identifications, sets a very high bar. The circumstantial case is still very strong."