Quote from: cellard on July 11, 2018, 03:08:00 PM

Quote from: pooya87 on June 19, 2018, 04:03:08 AM

Quote from: seantcm on June 19, 2018, 03:50:05 AM

Hi there. I know it is decentralized of course, but what I meant is that had Satoshi be punished and asked to assist in destroying bitcoin (Im sure no one thought about this before), there are many ways he can do so. Looking at the mess of forking, 51 attack just part of the mess im talking about that brings the death of Bitcoin

again bitcoin is decentralized and Satoshi is just a developer and he doesn't have any more power than any other programmer out there specially at this point that the network has grown this big and is still growing.
the only thing that revelation of Satoshi can affect is the price and that is only because it is assumed that Satoshi may control a large amount of bitcoin. but you are not talking about price you are talking about "destroying bitcoin" which is not possible.

as you can see the forking mess was a temporary drama and the 51% attacks have been a part of the forks (the altcoins) just like it has always been. for years different altcoins have been under 51% attack that wipes out their blocks and creates nuisance for exchanges that did not start with these forked coins.

Assuming the theory of satoshi being actually just a single guy that had a moment of inspiration to come up with his byzantine generals solution mixed with all the previous work by Szabo, Wei Dao, Adam Back and others... it would be a disaster if he decided to stay public. It only damages the project, having a real person around in my opinion. Just look at Vitalik, the guy is a meme, he has too much power, his tweets can shake the market, we don't want that in Bitcoin.

He would be constant target, constantly scrutinized for what he says and how he thinks, it would have an impact on the price, kind of like Trump with the USD, again we don not want that.

Overall I think he did the right thing. He also did the right thing by never touching the coins again. If he ever moved these coins it would be a disaster for the market.

Great explanation with logic. Kudos to you

seantcm

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