The race to file blockchain patents has accelerated lately with one specific firm, Nchain Holdings, attempting to capture hundreds of distributed ledger-related patents. According to reports, self-proclaimed Satoshi – Craig Wright – and his Nchain business claim to have filed 666 patent applications to date, capturing a gigantic portfolio of intellectual property.
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Bloq CEO and early bitcoin developer Jeff Garzik has been subpoenaed to provide information for the Craig Wright trial. He shared the subpoena document online on Friday. Twenty-eight requests made by the court include providing documentation and all communications with Craig Wright, David Kleiman, and Satoshi Nakamoto. Garzik worked directly with Nakamoto, working on the bitcoin code in 2010.
In January, news.Bitcoin.com reported on the so-called ‘XRP army’ harassing Ryan Selkis, the cofounder of cryptocurrency data startup Messari. A recent data analysis has now alleged that the XRP army of shills is compromised of thousands of bots trying to sway market sentiment across social media channels like Twitter.
Jeff Garzik, one of the earliest contributors to the Bitcoin codebase who also previously worked for BitPay, has been served. Garzik – in the spirit of “radical transparency” – shared the subpoena on Twitter, not appearing particularly shocked and noting that the “Bitcoin lawsuit drags on.” Maybe he saw it coming, as the summons is comprised of more than two-dozen requests surrounding everything f...
On March 15, well-known Bitcoin developer Jeff Garzik revealed he was subpoenaed by the U.S. District Court of Southern Florida in the infamous Kleiman vs Wright bitcoin lawsuit. The Kleiman family is suing the self-proclaimed Satoshi for roughly 300,000 BTC and Garzik has been served by the court and asked to submit assorted documents and possible evidence that would be relevant to the case.
There was something unusual about Bitcoin block 74638. It was Core developer Jeff Garzik who first spotted it, commenting on the “quite strange” transaction outputs, which stood at 92233720368.54 BTC apiece. That wasn’t meant to happen. Within an hour, another forum user had started a thread titled “overflow bug serious” in which he implored “We need a fix asap.” It was Aug. 15, 2010, and Bitcoin ...
Over the last few weeks, a blockchain project called Veriblock whose protocol piggybacks off the Bitcoin Core (BTC) network has sparked debate. More than a quarter of BTC’s transaction numbers stem from the Veriblock system and the project has been criticized for using the blockchain in this manner.
The blockchain organization Bloq Labs has introduced a beta version of a new software suite for cryptocurrency miners called Titan. Bloq co-founder Jeff Garzik announced the project at the recent Binance conference in Singapore and claims the protocol can maximize a mining machine’s hashrate by double digits with thoughtful configuration and dynamic adjustment.
Over the last few months, there’s been a lot of discussion about the company Ripple Labs and the digital token XRP. A recently published report on the market valuation of XRP, authored by the cryptocurrency data startup Messari, has caused quite a stir among the community. After Messari’s founder Ryan Selkis shared an article concerning the XRP study, he claims someone called his phone and harasse...
According to reports from Bitcoin (BTC) developers, a startling amount of block space is being wasted on the Bitcoin network to secure the blockchains of other cryptos. A company called VeriBlock has been “borrowing” the hashing power of the Bitcoin network to increase security on vulnerable altcoin chains and filling up BTC block space in the process.
Jeff Garzik, historically one of the major early contributors to the Bitcoin codebase and later a lead developer at BitPay, doesn’t know who created the flagship cryptocurrency. However, he has an educated guess. Speaking in an interview with Bloomberg, he spoke to his suspicions of the actual creator of Bitcoin. He has one of the
In honor of the bitcoin white paper‘s 10th anniversary, we took a long look at Satoshi’s legacy. From the man who claimed the author’s identity to early developers who helped make bitcoin what it is today—to examinations of what it even is today—here’s what you need to know about bitcoin since its emergence on October 31, 2008. We’ve rounded up everything we and other news outlets wrote to honor b...
Dan Held, co-founder of Interchange, published a summary on Thursday about the perceived fairness of Satoshi Nakamoto’s initial distribution of bitcoins. The director of the institutional-grade cryptocurrency portfolio management service argues that the Bitcoin protocol’s earliest cryptocurrency distribution processes remain the most honest and equitable to date, particularly in comparison with th...