Eric Hughes: A Cypherpunk's Manifesto Featured Bitcoin News
Eric Hughes: A Cypherpunk's Manifesto Featured Bitcoin News
Manifesto — Bitcoin EV
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Bitcoin - The Currency of the Internet
A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
Yesterday a post of mine got a good amount of attention in this, my favourite, sub. So I have decided to post it here in full... More than mildly, it annoys us that we have the tools to be truly sovereign and yet we continue to submit our ourselves, and our bitcoin, to centralised authorities. "Privacy is necessary for an open society in the electronic age"; yet KYC is demanded before we can trade. "Not your keys, not your coins"; yet millions of bitcoin sit in the vaults of custodial exchanges and wallets. For monetary liberty to be widespread it must be part of the social contract. We must come together to deploy decentralised systems that maintain Bitcoin's promise of sovereignty. These tools already exist and they are improving.
Bitcoin maintains its sovereignty through technological, cryptographic means. First and foremost, private keys provide the only means of control and ownership. Second, and most famously, Proof of Work defends the network against attack. Attackers, however, are not limited to attacking the cryptography or the hashpower in order to limit our sovereignty. They route around and seek any weak links. "Trusted third parties are security holes". We increase the perimeter of defence by eliminating these trusted third parties.
Ethereum is Bitcoin’s Testnet
We will splice the DNA of DeFi into Bitcoin. We will increase Bitcoin's defense perimeter. The tools already exist. Ethereum is our testnet. Let it provide the radioactive pool where mutations are many. Let us observe it as it moves fast and breaks things. We will adopt it's best tools and learn to defend against its worst. Rootstock, a Bitcoin sidechain, can be our CRISPR in this genetic adoption. We will splice the code from Ethereum dapps and improve upon them.
Cypherpunks write code, share code, review code and copy code. Sovereign individuals use this code. Like the X-men's Rouge, Bitcoiners will absorb the superpowers of others. I have been working on a DeFi dapp for decentralised bitcoin trading and lending. Hopefully you will join me, or better yet, compete with me. "Those who would give up Liberty, to purchase a little temporary convenience, will have neither Liberty nor convenience." That will be our code. Onwards.
Our world is broken. Every day our rights are eroded, our reality distorted and our hope stamped out. We are slaves to the system.
All over the world, people suffer a weak and predatory financial system that is controlled by those that do not care about us. Billions of people do not have access to the global economy and are locked into a life of hardship and struggle.
The bankers, the elites, and those that seek to control us will not give up their power freely, but they are terrified of change. They will fight it to the end.
The winds of change are coming though. You've felt them already. You've seen them in the news or overheard it in discussions by your friends family and colleagues. You've heard the whispers of a mysterious new thing...Bitcoin.
The internet has connected the whole world yet it has yet to set people free from their economic shackles. There is a missing piece to solve this puzzle, and that is Bitcoin.
Bitcoin will tear down this broken and unfair system and replace it with a system where everyone is truly connected and free. Bitcoin provides economic freedom to anyone that participates in it.
Bitcoin offers anyone the opportunity to change the world, and the ability to opt out of the current system.
We are on the cusp of a revolution that will change humanity's path forever, and we need YOU to be a part of it with us.
Bitcoin is a Peer-to-Peer Electronic Cash System.
Bitcoin is for everyone.
Bitcoin is permissionless.
Bitcoin is usable by anyone, anywhere, anytime.
We support voluntary participation in the economy.
We are against censorship in all forms.
We are against authoritarianism.
We are against social manipulation.
We are against the use of state force to control or influence the system.
We imagine a world where people are no longer slaves to the machine. A world in which every single person is connected to the global economy and is free to choose their own destiny.
In this world, no one can take your money from you, not even your government. In this world, you are free to participate in the economy however you see fit.
In this world, no one is excluded.
Bitcoin is the solution. Using any mobile device you are connected to this new global economy. You can pay, earn, spend, sell, share, save, donate, all at the click of a button and no one can stop you. Bitcoin allows you to be your own bank, your own taxman, your own master.
Bitcoin is not communist or capitalist, it is something new and powerful. Bitcoin is voluntaryism. Bitcoin is freedom. Bitcoin is hope.
Blockchain technology is an invention of tectonic proportion. It shifts the power from centralized authorities to the power of masses - the power of network. It is as big as abolition of slavery. The abolition offered personal freedom, yet slavery through financial means are still in place today. For the first time known to modern mankind the block chain technology offers equal opportunity in earning and accumulating assets to all men and women. We the people of the world urge you most honorable regulators around the world to treat the subject of Blockchain regulation with utmost care and consideration. Be on the right side of history – as there is nothing more honorable one can deliver to the mankind.
Final Draft of Paper: Bitcoin Manifesto. Crypto-Socialism - What's Next? Or What does it Mean Sharing Economy and Distributed Trust.
Source: https://www.dropbox.com/sh/gjlsunes4sjalp0/AABHplUZdq_8_D8BP4g9uZKaa?dl=0 It is not uncommon for public to confuse socialism as form of economic relations, with totalitarianism, as form of governance. Even Meriam-Webster dictionary makes this mistake. It equates the collective (self-elected) and the governmental (centrally imposed) forms of relations, which I distinctly separate in my paper. http://www.merriam-webster.com/dictionary/socialism Oxford Dictionary presents more classical, and more correct definition of Socialism. This is why I elected to use the Oxford's version, which (I am very glad) triggered your question. http://www.oxforddictionaries.com/us/definition/american_english/socialism I added the definition of Totalitarianism next to Socialism to draw attention to this common misconception. As one can see, that even very developed countries that practice Capitalism, can be governed as Totalitarian State. Soviet Union was criticized for running wide spread prison system called "Goulag." The aggregate number of prisoners was used as an indicator representing the oppressive nature of the state. If we are to apply the same argument today, then please take a look at the prisoner's population broken down by countries. http://www.prisonstudies.org/highest-to-lowest/prison-population-total?field_region_taxonomy_tid=All I am not here to advocate, one side or another, I am simply here to point to the facts, and just like everyone else, trying to interpret them. As I argue in the paper, it is the very removal of centralized governance or a.k.a. "elected official's dilemma" will lead to the next qualitative jump in the socio-economic development of the society. I call it "Crypto-Socialism" - a form of shared economy without centralized control.
Why you should beware bitcoin manifestos. The Cluetrain Manifesto of 1999 proclaimed all of the profound changes that the internet connected world would produce and told the old guard to move aside. The next year, the dotcom bubble burst. Remember, nobody knows anything.
A spectre is haunting the Internet--The spectre of Bitcoin. All the powers of the Old World of Flesh and Steel have entered into alliance to exorcise this spectre. Media outlets and monopolist, bankers and politicians, central banks and law enforcement, not of just any nationality, but all nationalities. Who has not decried bitcoin as a weapon of the perverted, criminal, and unsavory elements of the internet? Where is outrage and opposition to these insulting allegations and lies? Why is there not a strong sovereign who will embrace the power within digital currencies? Two things result from these facts:
Bitcoin is already acknowledged by all world powers and governments as being an economic power unto itself.
It is high time that bitcoiners should openly, in the face of the whole internet and world, publish their views, aims, tendencies and meet these lies and allegations with a Manifesto of Bitcoin itself.
To end this, we should openly publish our views, and let it be known what we are to accomplish. Let there be a Trieste on The Way Forward. Why we believe in this technology, our hopes with what we wish to accomplish with it, but most importantly, how we are going to create a new way forward without the violence of our various governments, or their corrupt cronies.
Bitcoin was created to change the world, and it did. But it was neither the technology or the idea that made it work, it was the people. People who trusted in the technology dedicated their time and effort to develop it. People who saw the value of a truly global and accessible payment network for all. People who saw the future of an internet society. But Bitcoin needs more. More People who understand the impact and capabilities of Bitcoin. People who will built great things on top of Bitcoin. Bitcoin needs its own economy. And we are here to build it.
Why is the world in such disarray? must our final days be filled with darkness? Dont be misled by the mainstream religions of today. the truth will set you free > https://www.spellswork7.com/manifesto.html #bigmagic #bikinibody #billionairemindset #birthdaylove #bitcoin #black #blackclover
BitCioinReal- A way forward towards achieving satoshi’s goal
How BTC came into existence? After the downfall of banking giants, Lehman brothers and the burst of subprime mortgage bubble; an alternative financial product was in invented. In 2009, Satoshi Nakamoto was the first person who wrote a white paper related to bitcoin. In the beginning, bitcoin manifesto was to be decentralizing of currency and sharing of wealth. But, this couldn’t be succeeded for a long time. After a while, people’s greed increased, and some started holding more bitcoins so that very few coins were left for many people. In this scenario, decentralizing of currency was failed and sharing of wealth couldn’t be implemented. What aims did BTC fail to achieve? As, bitcoin (BTC) has been failed to achieve its goals and aims; the need for another bitcoin was inevitable, so that BitCoinReal (BCR) has been launched. This newly launched coin has a motive to fulfill all the aims and goal that couldn’t be accomplished by BTC. As, you are aware about today’s circulation of bitcoins; there are 16.95 million BTC are in circulation, but BitCoinReal (BCR) coins will be enough in circulation to maintain the volatility; moreover, the value of BitCoinReal (BCR) will be tied up to Gold as Gold’s value doesn’t fluctuate or varies frequently, so that BCR’s value will also be stable. Why BitCoinReal is the new BTC of this decade? In terms of time talking about transactions, BCR coins get transacted in about 2.5 minutes as blocktime. BCR coins will be using fork mechanism for coins distribution as it is an efficient way to unlocking the coins. Further the distribution process of BitCoinReal (BCR) is briefly discussed below, Token Metrics In this mechanism, the number of holding BTC bitcoin will be divided from 100 in the distribution of BCR BitCoinReal. For example, if you have 1 BTC, you will get 100 BRC, or if you have 2 BTC, you will get 50 BRC, and so on. By this method, the exact aim/goal of Satoshi is being fulfilled. Because distribution of BCR coins is being done equally among the coin holders. The logic behind this method was to empower the common man in terms of wealth distribution. Satoshi didn’t want a rich to become richer and a poor to become poorer, actually he wanted to equal all the people in terms of wealth by distributing equally wealth among them on a single platform. These are just some of the exciting features of BitCoinReal, for more exciting news; stay tuned !!! Happy Investing 😊
Novice, Intermediate or Expert? A Quiz to Test Your Bitcoin Knowledge
Think you know the ins-and-outs of bitcoin? Test yourself with 30 questions that grill you on Bitcoin’s history, technology and politics. The 30 questions are split up into three segments ranging from novice to intermediate to expert, and cover a wide range of topics across the Bitcoin landscape. If you get stuck or want to check your answers along the way, an answer sheet has been added below the quiz. Of course, these questions cover only a few points about Bitcoin so far — with so many new developments taking place, there is always more to learn. Good luck! Novice Questions 1. Who created bitcoin? a. Vitalik Buterin b. Gavin Andresen c. Satoshi Nakamoto d. Charlie Lee e. Jackson Palmer 2. What is the original document that proposed Bitcoin, considered by many in the space to be a “must read”? a. The Bitcoin White Paper b. The Golden Proposal c. E-Money: Bitcoin and the Blockchain d. The Bitcoin Manifesto e. The Bitcoin Constitution 3. What is the name of the bitcoin exchange from Japan that famously collapsed in 2014 due to a devastating hack? a. Tradehill b. Bitstamp c. Mt. Gox d. Blockchain.info e. Bit Trade 4. How many bitcoin will ever be created? a. Unlimited b. 77,340,109 c. 3,500,000 d. 21,000,000 e. 18,650,000 5. What is the name of the off-chain scaling solution that is being developed to mitigate bitcoin’s fees and long transaction times? a. Instasend b. Second Layer Network c. Lightning Network d. Quick Net e. The Bitcoin Payment Network 6. Which of the following statements is NOT true about bitcoin wallets? a. Wallets can come in many forms, as long as they hold your private keys. b. Wallets have addresses that anyone can use to see the current number of unspent bitcoins in them. c. The only thing someone needs to access a wallet is the private key. d. It is possible to send bitcoin by signing the transaction offline and then broadcasting the transaction later. e. To open a wallet you must submit a request to the wallet provider. 7. What is the name of the technology underlying Bitcoin? a. Bitchain b. Blocklink c. Blockchain d. CoinLedger e. Satoshisquare 8. True or false? Bitcoin can be sent to an Ethereum address. a. True b. False 9. The first underground marketplace on the dark web which used bitcoin as its native currency and was created by Ross Ulbricht was called: a. Black Onion b. BTC Market c. East India Trading Company d. Silk Road e. Worldwide Drug Emporium 10. Bitcoins can be divisible down to the eighth decimal point. What is that unit called? a. Bit b. Satoshi c. Naki d. Shill e. Bitsat Intermediate Questions 11. Which traditional stock exchange was the first to list bitcoin futures contracts? a. The New York Stock Exchange (NYSE) b. The Intercontinental Exchange (ICE) c. The Chicago Mercantile Exchange (CME) d. The Chicago Board Options Exchange (CBOE) e. None of the above. Futures contracts are only available on cryptocurrency exchanges like BitMex and Bitfinex. 12. The computers that find new blocks are called: a. Accountants b. Miners c. Mitigators d. Associates e. Verifiers 13. Which of the following is NOT true about Bitcoin Cash, a fork from Bitcoin? a. Bitcoin Cash was created over an ongoing debate within the Bitcoin community over scaling and transaction speed. b. Roger Ver uses bitcoin.com to convince new investors that Bitcoin Cash is the original bitcoin. c. Bitcoin Cash is commonly referred to as “Bcash” because (some) bitcoin proponents don’t want to give the forked currency the brand recognition that Bitcoin has accumulated since 2009. d. Bitcoin Cash uses the SHA-256 hash function (the same as Bitcoin). e. Bitcoin Cash removed its block size limit completely. 14. Where is the Bitcoin processing server located? a. Washington, D.C., USA b. London, England c. Undisclosed location d. The United Nations votes on a new location every two years e. None of the above — Bitcoin has no processing server 15. What date was the Bitcoin network launched? a. November 5, 2008 b. May 1, 2010 c. January 3, 2009 d. December 31, 2008 e. April 23, 2010 16. When was Bitcoin’s all-time high exchange rate achieved (as of 9/11/18)? a. January 12, 2016 b. July 15, 2017 c. December 17, 2017 d. August 3, 2018 e. January 10, 2014 17. Which of the following statements is true? a. Bitcoin is owned by the NSA. b. By 2030, all bitcoins will have been mined. c. Bitcoin has smart contract capabilities. d. Before Satoshi created Bitcoin, he and a group of developers premined roughly 1 million coins. e. Only select people can mine bitcoins. 18. How often, on average, can we expect a new block be found by miners? a. > 1 second b. 2 minutes c. 10 minutes d. 60 minutes e. 6 hours 19. What is Bitcoin Pizza Day, May 22nd? a. A day every year where people who hold bitcoin pay forward a random pizza to a stranger b. The day when a computer programmer, Laszlo Hanyecz, paid 10,000 bitcoins for two pizzas in 2010 c. The day Satoshi announced his favorite food is pizza d. The day Vitalik compared bitcoin’s security to that of a soggy pizza e. A day sponsored by Pizza Hut where you can pay for pizza with bitcoin 20. How many new bitcoins should be created each day with the current block reward, on average? a. 2,200 except for February 29 on leap years b. 1,800 c. 5,000 d. 7,200 e. 150 Expert Questions 21. What is the difference between a soft fork and a hard fork? a. A soft fork happens when the code of a project is copied with permission of the original developers. A hard fork happens when the code of a project is copied without the permission of the original developers. b. A hard fork is a backwards-incompatible protocol change because it makes previously invalid blocks or transactions valid. A soft fork is a backwards-compatible protocol change because it makes previously valid blocks or transactions invalid. c. A hard fork occurs when miners in a mining pool cannot agree on how the block reward should be divided. A soft fork occurs when miners in a mining pool collectively decide to change how block rewards should be distributed. d. None of the above. 22. What does ASIC stand for? a. Applied Socioeconomic Investment Compository b. Application Specific Integrated Circuit c. Anonymous Spending Instrument for Cryptocurrencies d. Alternative Synthetic Interoperability Circuit e. Antiquated System for Implied Cryptography 23. What does an ASIC do for Bitcoin? a. Allows consumer access to high-level investment information, similar to a Bloomberg terminal b. Allows users to trade cryptocurrencies between different blockchains c. Anonymously allows users to send cryptocurrencies that aren’t entirely private d. Performs one specific task of solving a mathematical problem in order to find a new block e. Allows developers to cross reference current technology stacks with older languages 24. Is Bitcoin truly anonymous? a. Yes, people who use bitcoin cannot have their transactions traced by anyone. b. No, bitcoin addresses are derived from IP addresses. c. No, all transactions are recorded on a global transparent ledger that can be traced using analytical technologies. d. No, addresses openly show the name of the user. e. No, bitcoins can be linked to a user’s social security number. 25. What is SHA 256? a. A secure hashing algorithm used by Bitcoin, originally designed by the NSA b. A set of rules that miners and nodes must follow c. A scheme devised by Craig Wright to convince people he is Satoshi d. An annual conference in New York for blockchain enthusiasts e. The language Satoshi and early developers used to communicate behind closed doors 26. What is a nonce? a. An empty value in each block that is filled by the miner of that block b. Another name for a node c. A mining device faster than an ASIC d. A part inside a processing chip used in mining e. A name for a troll in Reddit forums 27. What is “difficulty” in relation to Bitcoin? a. A measure of how hard it is to explain what Bitcoin is b. A measure of how difficult it is to find a hash below the target c. A measure of long it takes to send bitcoin between addresses d. A measure of how difficult it is for bitcoin to move a certain number of basis points e. A measure of how hard it is for Bitcoin to recover to its all-time high 28. What is multi-sig verification? a. An older method of confirming bitcoin transactions now replaced by single-sig verification b. Verification that a user is allowed to hold bitcoins in a certain address by requiring multiple signatures from friends and family c. A form of verifying if someone is telling the truth by having multiple signatures from people monitoring the event taking place d. A process by which miners select which transaction to verify by having three other miners create a signature giving permission for the transaction to be verified e. A technology to verify wallets by requiring multiple signatures to process a single transaction with enhanced security 29. Bitcoin consumes roughly 1 percent of the world’s energy consumption. What does this mean about its security? a. A malicious actor doesn’t need to consider the total energy consumption in order to successfully execute a 51% attack. b. Bitcoin is secure to the point that it would require approximately 0 .0001% of the entire world’s energy consumption to attack the network. c. Bitcoin is secure to the point that it would require approximately 1% of the entire world’s energy consumption to attack the network. d. A malicious actor would need 10 times the amount of Bitcoin’s energy consumption in order to successfully attack the network. 30. What is a Merkle Root in Bitcoin? a. A hash of all transactions in a block that allows any specific transaction to be verified without downloading the entire blockchain b. A series of complex data that uniquely identifies the owner of an address c. A program designed by David Merkle that uncovers the largest inactive bitcoin wallets d. A cryptocurrency developed by the chancellor of Germany e. A part of a complex system of underground “roots” that power the Bitcoin blockchain How did you do? Answers:
c. Satoshi Nakamoto
a. The Bitcoin Whitepaper
c. Mt. Gox
c. Lightning Network
e. To open a wallet, you must submit a request to the wallet provider.
d. Silk Road
d. The Chicago Board Options Exchange (CBOE)
e. Bitcoin Cash removed its block size limit completely. (The limit is actually 32MB.)
e. None of the above — Bitcoin has no central server
c. January 3, 2009
c. December 17, 2017
c. Bitcoin has smart contract capabilities
c. 10 minutes
b. The day when a computer programmer, Lazlo Hanyecz, paid 10,000 bitcoins for two pizzas in 2010
b. A hard fork is a backwards incompatible protocol change because it makes previously invalid blocks or transactions valid. A soft fork is a backwards compatible protocol change because it makes previously valid blocks or transactions invalid.
b. Application Specific Integrated Circuit
d. Performs one specific task of solving a mathematical problem in order to find a new block
c. No, all transactions are recorded on a global transparent ledger that can be traced using analytical technologies
a. A secure hashing algorithm used by Bitcoin, originally designed by the NSA
a. An empty value in each block that is filled by the miner of that block
b. A measure of how difficult it is to find a hash below the target
e. A technology to verify wallets by requiring multiple signatures to process a single transaction with enhanced security
c. Bitcoin is secure to the point that it would require 1% of the entire world’s energy consumption to attack the network. (side note: bitcoin mining, while energy intensive, can be done in an eco-friendly, even carbon-neutral, manner. And it’s getting better all the time.)
a. A hash of all transactions in a block that allows any specific transaction to be verified without downloading the entire blockchain.
Bitcoin Will Be Accepted for Tax Payments in Swiss Canton Zug Next Year. Bitcoin and ether can be used to pay taxes in the Swiss Canton of Zug starting next tax season. Zug's crypto valley is home ... PDF Bitcoin Manifesto Does Bitcoin quack like a duck Read Full Ebook Find the best information and most relevant links on all topics related to The libbitcoin Manifesto “Tools for The People” ~Cody Wilson, Defense Distributed 23 September 2013. As humans, we share little in common. But that little we do share is the deep core of our being. We search for purpose. We are curious. And we thrive on new information. Our self-awareness, rationality and sapience are the high level features that make up a person. They are our capacity for ... “A Cypherpunk’s Manifesto” was originally published on activism.net and is reprinted here on Bitcoin.com for historical preservation. The opinions expressed in this article are the author ...
Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube. I wanted to share some of my favorite excerpts from an important piece of his, the Crypto Anarchist Manifesto, which he wrote in 1988. You'll find the whole document here: The Crypto Anarchist ... From: [email protected] (Timothy C. May) Subject: The Crypto Anarchist Manifesto Date: Sun, 22 Nov 92 12:11:24 PST Cypherpunks of the World, Several of you at the "physical Cypherpunks" gathering ... Don’t forget to subscribe and also click the little bell that pops up after you click the red subscribe box to get notifications on future videos when they come out. Follow JW Weatherman on ... How to buy Bitcoins with Localbitcoins.com, a tutorial. So don't delay buy some bitcoins! Your free gift - The Bitcoin Believers Business Manifesto: http://b...