Jeff Garzik

Mentions in posts

Bitcoin Expert Jeff Garzik Exposes Crypto’s ‘Economic Paradox’46.8
By CCN: Early Bitcoin developer Jeff Garzik revealed what he believes is the most daunting challenge the flagship cryptocurrency faces today. He also chimed in on the “economic paradox” that threatens to stifle Bitcoin development. Bitcoin’s Biggest Hurdle? Scaling. Scaling. Scaling. Speaking in an exclusive interview with CCN, Jeff Garzik, who was one of Satoshi Nakamoto’s earliest collaborators ...
Bitcoin History Part 13: The First Mining Pool
The notion that anyone could solo mine bitcoin – on a CPU no less – seems positively quaint today. But in 2010, this method wasn’t just possible – it was the norm. With an exponentially lower hashrate, less competition and a 50 bitcoin block reward, there was enough pie for everyone to get a bite. But some miners didn’t just want a bite – they wanted a whole slice, and to achieve that, they decide...
Craig Wright Ordered to Produce a List of Early Bitcoin Addresses in Kleiman Lawsuit
On April 28, the high profile Kleiman v. Wright lawsuit heated up when the plaintiffs alleged Craig Wright submitted forged evidence before the court. Following the recent response against Wright’s motion to dismiss the case, the plaintiffs also filed an order which demands a list of Wright’s public bitcoin addresses as of Dec. 31, 2013. Additionally, the Southern District Court of Florida Magistr...
Uyen T Nguyen: The Powerful Young Woman Behind the Alleged ‘Satoshi Affair’
The lawsuit against Craig Wright continues this week and on April 5, court dockets indicate that Florida Magistrate Judge Bruce Reinhart memorialized rulings from the recent Craig Wright deposition. Moreover, the counsel representing the Kleiman estate has submitted 2,136 documents belonging to Dave Kleiman on April 4. Many of the court documents submitted over the last year reference a mysterious...
Kleiman Estate Says Satoshi Reveal ‘Is Relevant’ in Billion Dollar Bitcoin Lawsuit
In the state of Florida, there’s an ongoing lawsuit against Craig Wright, the self-proclaimed Satoshi Nakamoto, for billions of dollars. Wright is being sued by the Kleiman family on behalf of the late Dave Kleiman for allegedly misappropriating billions worth of BTC through a partnership years ago. On March 29, the Kleiman vs. Wright discovery meeting transcript was published revealing more inter...
Jeff Garzik asked for information in the Craig Wright lawsuit6
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.
Early Bitcoin Developer Jeff Garzik Subpoenaed in $1 Billion Craig Wright Lawsuit34.8
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...
Jeff Garzik Subpoenaed in Kleiman Bitcoin Lawsuit Against Craig Wright
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.
Bitcoin History Part 10: The 184 Billion BTC Bug
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 ...
Bloq Labs Reveals Software Suite That Aims to Increase Hash Power by Double Digits
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.
‘XRP Army’ Accused of Harrassment After Intense Debate Over the Token’s Market Cap
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...
Satoshiversary: A Complete Guide to Bitcoin’s Tenth Birthday-9.68
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...
Bitcoin Distribution Process Was ‘Fairest’ Possible System, Study Claims19.94
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...