Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
hodl_2015
on 16/01/2016, 15:43:24 UTC
When there is a technical issue at hand, not a social one.

I did'n follow the news. I thought there was a problem with bitcoin, not some social thing.
Looking into this, the first thing I see is a link to one of the first e-mails by the real Satoshi Nakamoto, which contains:
Quote
At first, most users would run network nodes, but as the
network grows beyond a certain point, it would be left more and more to
specialists with server farms of specialized hardware.  A server farm would
only need to have one node on the network and the rest of the LAN connects with
that one node.

Which is contradicting the recent letter:
Quote
For example I didn't anticipate pooled mining and its effects on the security of the network.

Stop wasting time on this hoax.