Sergio Dermain Lerner, a researcher known for looking at the mining patterns of the original Bitcoin (BTC) miner, has turned his attention on the Bitcoin blocks mined by Satoshi Nakamoto. Lerner made a preview of his latest findings available to Cointelegraph. His research is based on the irregular pattern of the Least-Significant-Byte (LSB) of the nonce field of block. This past June, Lerner published a blog that expanded on his original research from 2013. He suggested that for an unknown reason, Satoshi refrained from mining in the first five minutes of the block interval. Other researchers have also expanded on …
Recent Bitcoin (BTC) transactions sent from an 11-year-old wallet were not those of famed computer scientist Hal Finney, as confirmed by his wife Fran. "Very odd," Fran Finney told Cointelegraph when questioned on the recent transactions sent from a Bitcoin wallet that, prior to today, sat untouched for more than a decade. "These were not coins my husband mined and we had nothing to do with this," she added. Hal Finney was diagnosed with amyotrophic lateral sclerosis, or ALS, in 2009. His ALS progressed relentlessly, and in 2014 he was cryonically preserved. Finney's wife Fran works with the ALS Association …
Executive Board member of the European Central Bank (ECB) Benoit Coeure considers Bitcoin (BTC) to be the “evil spawn of the [2008] financial crisis,” Bloomberg reports Nov. 15. Coeure reportedly made his acid remarks at the Bank for International Settlements (BIS) in Basel. The BIS’ general manager Augustín Carstens has likewise previously made a spate of crypto-skeptical remarks, notably characterizing Bitcoin as a “combination of a bubble, a Ponzi scheme and an environmental disaster.” Explicitly recalling Carstens’ characterization, Coeure framed his criticisms of the ten year old innovation with a reference to the aftermath of the Lehman Brothers bankruptcy in …