Quote from: Mickeyb on December 10, 2015, 09:19:01 PM

Quote from: Victor Beckham on December 10, 2015, 07:00:39 PM

Quote from: thaaanos on December 10, 2015, 06:51:47 PM

Satoshi's miner probably used random outputs, the early bitcoins he mined are lost forever, he even hinted at it that only 20 mils will be available

Could you please quote where did he say this ?

Yes I would like to see the proofs of these statements.

Also, when you really think off it, this wouldn't be so surprising to do. I mean he didn't have any other way of doing the distribution when he was pretty much mining all by himself in the beginning. Him and maybe 1 or 2 more people.

Quote from: justspare on December 10, 2015, 11:22:30 PM

Quote from: thaaanos on December 10, 2015, 06:51:47 PM

Satoshi's miner probably used random outputs, the early bitcoins he mined are lost forever, he even hinted at it that only 20 mils will be available

Do you have any proof that Satoshi said this? There are a lot of people that pretend to be Satoshi you know. I am pretty sure that there is a max of 21 mil, not 20 mil, Bitcoin to be mined.

Ok guys this is my interpretation of the events hence the word "probably".
Satoshi used a non-client miner originally to maintain the network at the early stages to provide infrastructure (thats from a research of one forum member).
Satoshi only moved coins from his client miner. I dimly remember he said (or someone else conveyed) that some coins will get lost and eventually only 20 mils will be available, my guess is he had in mind his miner.

thaaanos

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