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Champagne Phil - The Book of Satoshi: The Collected Writings of Bitcoin Creator Satoshi Nakamoto

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Champagne Phil The Book of Satoshi: The Collected Writings of Bitcoin Creator Satoshi Nakamoto
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The Book of Satoshi: The Collected Writings of Bitcoin Creator Satoshi Nakamoto: summary, description and annotation

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Have you, like the rest of the world, speculated as to the identity of Satoshi Nakamoto, anonymous creator of Bitcoin? The worlds first cryptocurrency, Bitcoin went online in 2009 and has since revolutionized our concepts of currency and money. Not supported by any government or central bank, completely electronic, Bitcoin is a virtual currency based on advanced cryptographic systems. Like the currency he created, the identity of Bitcoins creator Satoshi Nakamoto is virtual, existing only online. The Nakamoto persona, which may represent an individual or a group, exists only in the online publications that introduced and explained Bitcoin during its earliest days. Here, collected and professionally published for the first time are the essential writings that detail Bitcoins creation. Included are: Satoshi Nakamoto Emails and Posts on Computer Forums Presented in Chronological Order; Bitcoin Fundamentals Presented in Laymans Terms; Bitcoins Potential and Profound Economic Implications; The Seminal Paper Which Started It All. The Book of Satoshi provides a convenient way to parse through what Bitcoins creator wrote over the span of the two years that constituted his public life before he disappeared from the Internet ... at least under the name Satoshi Nakamoto. Beginning on November 1st 2009 with the publication of the seminal paper describing Bitcoin, this public life ends at about the time PC World speculated as to a possible link between Bitcoin and WikiLeaks, the infamous website that publishes leaked classified materials. Was there a connection? You be the judge. Nakamotos true identity may never be known. Therefore the writings reproduced here are probably all the world will ever hear from him concerning Bitcoins creation, workings, and theoretical basis. Want to learn more about Bitcoin? Go directly to the source - the writings of the creator himself, Satoshi Nakamoto!--Amazon.com viewed October 1, 2014. Read more...
Abstract: Have you, like the rest of the world, speculated as to the identity of Satoshi Nakamoto, anonymous creator of Bitcoin? The worlds first cryptocurrency, Bitcoin went online in 2009 and has since revolutionized our concepts of currency and money. Not supported by any government or central bank, completely electronic, Bitcoin is a virtual currency based on advanced cryptographic systems. Like the currency he created, the identity of Bitcoins creator Satoshi Nakamoto is virtual, existing only online. The Nakamoto persona, which may represent an individual or a group, exists only in the online publications that introduced and explained Bitcoin during its earliest days. Here, collected and professionally published for the first time are the essential writings that detail Bitcoins creation. Included are: Satoshi Nakamoto Emails and Posts on Computer Forums Presented in Chronological Order; Bitcoin Fundamentals Presented in Laymans Terms; Bitcoins Potential and Profound Economic Implications; The Seminal Paper Which Started It All. The Book of Satoshi provides a convenient way to parse through what Bitcoins creator wrote over the span of the two years that constituted his public life before he disappeared from the Internet ... at least under the name Satoshi Nakamoto. Beginning on November 1st 2009 with the publication of the seminal paper describing Bitcoin, this public life ends at about the time PC World speculated as to a possible link between Bitcoin and WikiLeaks, the infamous website that publishes leaked classified materials. Was there a connection? You be the judge. Nakamotos true identity may never be known. Therefore the writings reproduced here are probably all the world will ever hear from him concerning Bitcoins creation, workings, and theoretical basis. Want to learn more about Bitcoin? Go directly to the source - the writings of the creator himself, Satoshi Nakamoto!--Amazon.com viewed October 1, 2014

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The Book Of

Satoshi

The Collected Writings of Bitcoin Creator

Satoshi Nakamoto

Phil Champagne

E53 PUBLISHING LLC

Copyright 2014 by Phil Champagne, All rights reserved.

The part of this books content that comes from Internet forum is in the public domain. I give full rights to anyone to copy and distribute electronic copies of this book, either in part or in full.

Published in the United States of America by e53 Publishing LLC

ISBN 978-0-9960613-0-8 Hardcover

ISBN 978-0-9960613-1-5 Softcover

e53 Publishing LLC

e53publishing.com

Cover illustration by Lisa Weichel

Editing by Mary Graybeal

Cover and text design and composition by John Reinhardt Book Design

This book is also available in eBook format.

To get a free copy, please go to: BookOfSatoshi.com,

Contents
About the Cover Picture

CREDIT FOR THE IMAGE on the front cover goes to Lisa Weichel (user id lisa_aw on flickr.com). The photo was taken at Cueva de las Manos (Cave of Hands) in the province of Santa Cruz in Argentina. Cueva de las Manos is a series of caves famous for the various paintings of human hands covering its walls. The paintings, the earliest of which date from around 13,000 years and the latest from about 9,000 years ago, were left there by multiple generations.

I selected it as this books cover image because it seems to me to embody many of the concepts underlying Bitcoinmany individuals participating and cooperating to attain, over time, a common goal and yet maintaining their own individuality and uniqueness. Bitcoin differs from the cave paintings of Cueva de las Manos in scale, however.

Although these paintings were produced by multiple generations of individuals over several thousands of years, the number of these artists cant compare in size to the millions who now and will in the future use Bitcoin. Moreover, Bitcoins users are geographically dispersed, collaborating over a decentralized system. Finally, whereas Cueva de las Manos was the work of one or more distinct tribes of humans, Bitcoin, open to anyone to use and adapt, transcends nationality and has the potential to become a true world currency.

Acknowledgments

I WOULD LIKE TO EXTEND my profound appreciation to the following individuals for their contribution to this work:

Dustin Trammell (dustintrammell.com) for sharing email exchanges he had with Satoshi Nakamoto,

Gavin Andersen, Lead Core Developer of the Bitcoin project, for his contribution to Bitcoin and also for sharing his email exchanges with Satoshi Nakamoto,

Jeff Berwick of DollarVigilante.com for writing the foreword and for being an advocate of freedom and liberty.

For their support, expertise, input, and contributions, I would like to thank my son, Samuel, my daughter Vivianne and my wife, Marie Gagnon. And finally, I would like to thank all the people who helped me put this book together in particular Mary Graybeal, our editor who did a tremendous job and John Reinhardt who came up with this great design for the book.

And, lastly, a sincere thanks to Satoshi Nakamoto. Without him, how long would we have had to wait before such a revolutionary concept as Bitcoin was discovered and shared?

Who This Book Is Intended For

THIS BOOK CONTAINS most of the writings of Satoshi Nakamoto, creator of Bitcoin, published in emails and forum posts during the span of a little over two years during which Bitcoin was launched and became established. Anyone interested in learning about Bitcoin and, more specifically, about the thought processes of its creator will appreciate this book. Its content will be an easy read for anyone having a background in computer software. However, economists and investors without a background in information technology may also be interested in Satoshis writings, some of which concern economic concepts. Depending on background and interest, certain readers may be interested in only certain chapters.

To enable readers to derive maximum benefit from Satoshis writings, weve included a chapter entitled How and Why Bitcoin Works that provides an introduction to the key concepts of Bitcoin and the fundamental principles on which it is based. This should help the reader gain sufficient understanding to comprehend the majority of the chapters which follow. Chapters are presented in chronological order, from the earliest post in which Satoshi presents the germinal idea of Bitcoin to the most recent, which marks his withdrawal from public life.

Part of this books content comes from various Internet forums: p2pfoundation.org, bitcointalk.org, and the cryptography mail archive.

You can visit the website TheBookOfSatoshi.com for easy references to the URL web links referenced in the book. They are listed per chapter.

Foreword

BITCOIN HAS CHANGED EVERYTHING. Its importance as an evolution in money and banking cannot be overstated. Notice I dont use the word revolution here because I consider Bitcoin to be a complete evolution from the anachronistic money and banking systems that humanity has been usingand been forced by government dictate to usefor at least the last hundred years.

One of the biggest issues that newcomers to Bitcoin have is that it is shrouded in mystery.

This is not totally true, as this important book shows. While the true identity of Satoshi Nakamoto may never be known for certain despite those like Dorian Nakamoto, whom the mainstream media say is Satoshiwhat we do know, in very prolific and historical detail, are the underpinnings and design of Bitcoin from its earliest days.

Very detailed conversations were held between top cryptographic and programming experts since the very first day Bitcoin was introduced a day that may go down in history and possibly be celebrated by generations to come. November 1, 2008.

The first words posted by Satoshi Nakamoto were eloquent in their simplicity as he announced his creation, which would go on to change the world, Ive been working on a new electronic cash system thats fully peer-to-peer, with no trusted third party.

He then put a link to a white paper he had written on the subject. The rest, as they say, is history.

These discussions, taking place publicly on the bitcointalk.org forum, went on until December 12th, 2010. After that, Satoshi went dark.

Amongst the Bitcoin community, these posts are well known, but your average person would need hours to scour through it all and make sense of it. In this important book, Phil Champagne has gone through each post and identified the most important ones and given the context for the time of the post as to why it is important. This creates a logical timeline of Bitcoins evolution straight from the keyboard of Satoshi Nakamoto and could be described as Bitcoins autobiography.

As I write, in March 2014, Bitcoins future is unknowable. It could go on to change the world dramatically, freeing us from the oppression of central banks and the gargantuan governments that feed off their free money. Or, it could go down in smoke and flames due to any number of possible events.

No matter what happens from here, however, the impact of Bitcoin is knowable. Its most core concept has and will change how we think about contracts, trust, and transactions no matter what happens to Bitcoin itself. Already thousands of applications have been built off the platform, and these have expanded it outside the world of financial transactions.

Phil Champagne has put into an easy-to-read format the fomenting of one of the most important technological innovations of our time a completely decentralized platform to perform payment transaction without the need for a trusted third party. Its importance is only surpassed by the Internet itself as an evolution in communications. Chapter 2 provides readers unfamiliar with Bitcoin a great overview of its technological and philosophical foundation and of how it operates.

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