Post
Topic
Board Bitcoin Discussion
Re: Why 1BTC should equal 10^8 satoshi ?
by
Cryddit
on 12/10/2014, 05:03:51 UTC

Interesting - thanks for posting. I always assumed that all of those initial-state decisions had been made *before* Satoshi posted the whitepaper. I guess because of that comment he made in that list thread to the effect of "I'm almost ready to post the code."

He *was* just about ready to post the code.  This was a debate about what value an already-defined constant ought to have.  In fact I've already posted an archive of his code from just a few *days* later in another thread here for historical interest. 

Hal and I were essentially giving it a last-minute looking over to see if we thought there was any way to attack it.  I have the impression that Hal communicated with Satoshi a lot more than I did, but he was looking at a  much tougher problem.  The blockchain structure is essentially a mathematical proof -- very straightforward, you follow it and you can say with reasonable certainty that it's right or not.  But a scripting language is generative.  And generative structures present exponentially more attack surfaces. 

Re Finney - if he was blocking bitcoin op-codes, I wonder what he would've thought of Ethereum's scripting lang. Smiley

You're kidding right?  Ethereum's scripting language is limited only by the amount of steps it will run a calculation.  Hal would have pitched a fit about the Denial-of-Service possibilities.

(and I had to ask if you were Ray cuz your early posts on here were signed "Edward")

Yeah, I made up a fake person because at first I didn't want people here to know who I was.  I was kind of afraid they'd get freaky about it.