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Showing 10 of 10 results by CoreDev
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Board Bitcoin Discussion
Re: Who is Satoshi Nakamoto?
by
CoreDev
on 18/10/2024, 23:19:09 UTC
Probably Adam Back for several reasons. He invented Hashcash which is used in the bitcoin mining process. He writes in the same way as Satoshi. Back was the second person Satoshi reached out to with the earliest draft of the Bitcoin whitepaper, still he acted like a noob on the forums to throw people of. Adam Back was a pioneer in the field of cryptography, and his contributions to the Cypherpunk movement were very important. He was an active participant in the group's debates, and his Hashcash function inspired the development of other algorithms and programmes by his fellow Cypherpunks, such as Hal Finney's RPoW and Bitcoin. Not only does Back have a Ph.D. in computer science and a history of studying cryptography in academia, but he has also built his whole career on ideas that are central to Bitcoin.  He is the CEO of Blockstream, which he co-founded in 2014 and I feel it´s his way to get back into control of bitcoin.
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Topic
Board Bitcoin Discussion
Re: The real enemy of bitcoin
by
CoreDev
on 18/10/2024, 22:27:44 UTC
What will be the gain if you reveal who Satoshi is? It means you want the privacy of bitcoin to be reveal too.
What do you mean by 'the privacy of BTC', BTC is not a privacy coin, it is an open source project with a transparent blockchain, if Satoshi's identity is ever revealed, it will only affect the price of BTC, the network will function just fine. However, i agree with you that it is crazy if bitcoiners are trying to deanonymize another bitcoiner, Satoshi.
I want the mystery to be solved and I´m not afraid it will hurt Bitcoin. If, for an example, Adam Back is Satoshi and he dumps his 1 million or whatever coins the price will nosedive but I will buy the dip. I´m a long term investor and the price will climb back up and I´ll be rich when I retire.
I'm sorry but the mystery will not be solved, you can still buy BTC now or wait until this current cycle is over and buy BTC when we are in a bear market.
Yeah I hold 50% BTC and 50% USDC so I trade back and forth to keep it 50/50. BTC nosediving 90% would be awesome but sadly the mystery solving and dumping of the Satoshi tokens will probably not happen.
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Topic
Board Bitcoin Discussion
Re: Can the Bitcoin Core developers make crucial changes?
by
CoreDev
on 18/10/2024, 21:40:49 UTC

Can Bitcoin continue as usual without a hard fork and without the core maintainers and their access to Bitcoin Core’s GitHub repository? A hard fork is out of the question since it will not be Bitcoin anymore.
Yes it could continue without core maintainers but like the name implies they are quite important in maintaining the bitcoin software and addressing bugs.
Not to mention it could lead to stagnation in its development.
Mind you there are other contributors that could help with development but won't be as efficient.
So the positions the current maintainers hold can be replaced. Found the names in an article from 2023 but it should be close to accurate if they didnt replace them recently.

Ford oversees the build system
Gloria Zhao writes and reviews the code that governs Bitcoin’s transaction validation process
Andrew Chow is in charge of programming for crypto wallets, which allow investors to store their bitcoin
Marco Falke focuses on testing
Stepanov maintains the network’s graphical user interface
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Topic
Board Bitcoin Discussion
Re: The real enemy of bitcoin
by
CoreDev
on 18/10/2024, 21:29:47 UTC
I want the mystery to be solved and I´m not afraid it will hurt Bitcoin. If, for an example, Adam Back is Satoshi and he dumps his 1 million or whatever coins the price will nosedive but I will buy the dip. I´m a long term investor and the price will climb back up and I´ll be rich when I retire.
Post
Topic
Board Bitcoin Discussion
Re: Can the Bitcoin Core developers make crucial changes?
by
CoreDev
on 18/10/2024, 20:58:21 UTC
What's a "crucial change"? Anyone can change the source code and its protocol rules, but to change the consensus of the network requires convincing other people to run your software. Most crucial changes (consensus changes, like 21 million hard cap), if adopted, would practically result into a network split, where a few nodes run rules A, and the rest rules B.

Sounds like bitcoin is kinda centralized to a handfull of maintainers who hold the keys. What happens if they all die in a car crash or become dictators?
If they die, project moves into different hands. Practically, this could be done by other Bitcoin Core developers forking and maintaining Bitcoin Core. If the present maintainers become dictators, then... Well, they have to achieve the impossibility of enforcing consensus changes on an open, global, permissionless network. Pretty tough job for a dictator.
So Bitcoin can continue as usual without a hard fork and without the core maintainers and their access to Bitcoin Core’s GitHub repository? A hard fork is out of the question since it will not be Bitcoin anymore.
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Topic
Board Bitcoin Discussion
Re: Can the Bitcoin Core developers make crucial changes?
by
CoreDev
on 18/10/2024, 19:50:22 UTC
No, no developer can make a significant change to the Bitcoin Blockchain. Also, as everyone else said, it's open source. You can contribute to it, so the number you came with (5 Devs) is very stupid and irrelevant to this conversation. Here is a screenshot of the GitHub Repo of number of contributors. And it's surely above 5... (https://github.com/bitcoin/bitcoin)

https://talkimg.com/images/2024/10/18/89qJb.png
There are 5 Bitcoin Core maintainers who hold the keys to implement changes: Hennadii Stepanov, Michael Ford, Andrew Chow, Marko Falke, and Gloria Zhao.

Each is responsible for an aspect of Bitcoin; for example, Stepanov maintains the network’s graphical user interface, while Ford oversees the build system.

Gloria Zhao, the only woman in the maintainers’ team, writes and reviews the code that governs Bitcoin’s transaction validation process.
Andrew Chow is in charge of programming for crypto wallets, which allow investors to store their bitcoin, while Marco Falke focuses on testing.

Together, these coders keep Bitcoin’s digital ledger up to date on its network’s thousands of computers. They must ensure that the software
remains compatible with the latest versions of operating systems like Windows or MacOS and that it keeps up with transaction volumes.
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Topic
Board Bitcoin Discussion
Re: Can the Bitcoin Core developers make crucial changes?
by
CoreDev
on 18/10/2024, 07:28:35 UTC
contributors make REQUESTS but the maintainers do the merging of those requests or reject them. and yes the maintainers can force merge their own code without anyone else. in short it needs the maintainers to decide. they govern bitcoin code

most contributors are not helping with code, but instead just spell checkers or translators. when you look at whom helms the code changes of the big features you see the same short list of names that do the real coding

in short contributors do not have the same power, access, privilege or rank of control as the maintainers
..
as for if another brand of a full node has equal chance of making a protocol change vs how easily core changing the protocol is just accepted without any notice/conflict/consent. well in recent years core have taken control and other brands of nodes if changing the protocol are treated as altcoin proposals, not bitcoin proposals. everything these days needs to go through the core maintainers governance to change bitcoins protocol

Sounds like bitcoin is kinda centralized to a handfull of maintainers who hold the keys. What happens if they all die in a car crash or become dictators?
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Topic
Board Bitcoin Discussion
Re: Can the Bitcoin Core developers make crucial changes?
by
CoreDev
on 18/10/2024, 06:00:03 UTC
Van der Laan voluntarily gave up his access to the bitcoin client software on Feb. 16 after being at the helm for more than nine years. As the second successor to Bitcoin’s mysterious inventor Satoshi Nakamoto, he was one of the few individuals having final commit access to Bitcoin Core’s GitHub repository.

Nakamoto first owned this administrator key and then transferred it to Gavin Andresen. When Andresen, who received direct instruction from Nakamoto on maintaining bitcoin’s code, stepped down from the project nine years ago, Van der Laan took over. Van der Laan has played the lead role in maintaining all aspects of Bitcoin’s development for even longer than Satoshi. He led all operations involving bug fixes, code reviews, upgrades, software maintenance, and dispute resolution.

Only five Bitcoin Core maintainers remain. With Van der Laan’s departure, Bitcoin’s development will now be steered by five people: Hennadii Stepanov, Michael Ford, Andrew Chow, Marko Falke, and Gloria Zhao.

Each is responsible for an aspect of Bitcoin; for example, Stepanov maintains the network’s graphical user interface, while Ford oversees the build system.

Gloria Zhao, the only woman in the maintainers’ team, writes and reviews the code that governs Bitcoin’s transaction validation process. Andrew Chow is in charge of programming for crypto wallets, which allow investors to store their bitcoin, while Marco Falke focuses on testing.

Together, these coders keep Bitcoin’s digital ledger up to date on its network’s thousands of computers. They must ensure that the software remains compatible with the latest versions of operating systems like Windows or MacOS and that it keeps up with transaction volumes.

Many of the cryptocurrency’s proponents claim that its current value and future potential are partly in the hands of these maintainers.

https://crypto.news/bitcoin-core-has-only-5-developers-left-as-key-maintainer-departs/
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Topic
Board Bitcoin Discussion
Re: Can the Bitcoin Core developers make crucial changes?
by
CoreDev
on 18/10/2024, 04:54:24 UTC
Don't know where you're getting the "5 developers" part from. There were 79 contributors to the latest release of Bitcoin Core. So far, 963 people have made contributions to Bitcoin Core in all.
I mean the maintainers.
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Topic
Board Bitcoin Discussion
Topic OP
Can the Bitcoin Core developers make crucial changes?
by
CoreDev
on 18/10/2024, 04:41:58 UTC
From my understanding Bitcoin Core has only 5 developers. Can they make crucial changes to the Bitcoin network if they want to?