[erlang-questions] bitcoin blockchain

[Steve Davis]

One more:

https://en.bitcoin.it/wiki/Main_Page <https://en.bitcoin.it/wiki/Main_Page>


> On Mar 8, 2017, at 8:01 AM, Steve Davis <steven.charles.davis@REDACTED> wrote:
> 
> I found this article particularly helpful early on:
> 
> http://www.righto.com/2014/02/bitcoins-hard-way-using-raw-bitcoin.html <http://www.righto.com/2014/02/bitcoins-hard-way-using-raw-bitcoin.html>
> 
> 
>> On Mar 8, 2017, at 1:34 AM, Joe Armstrong <erlang@REDACTED <mailto:erlang@REDACTED>> wrote:
>> 
>> To answer my own question(s)
>> 
>> I found this https://bitslog.wordpress.com/ <https://bitslog.wordpress.com/>
>> which has the answer to many of these questions - the forensic
>> analysis of the first few thousand bitcoins makes a very interesting
>> read
>> 
>> /Joe
>> 
>> On Wed, Mar 8, 2017 at 8:13 AM, Joe Armstrong <erlang@REDACTED <mailto:erlang@REDACTED>> wrote:
>>> Thanks Steve,
>>> 
>>> The code looks great - nicely written :-)
>>> 
>>> Next step - download the first 20 blocks and *completely* understand them.
>>> 
>>> BTW - I have a few really stupid questions:
>>> 
>>> I guess these have been answered before and elsewhere,
>>> so I'm just like hints as to where to find the answers.
>>> 
>>> - How did Satoshi Nakamoto (SN) publish/spread the first bitcoins?
>>> - Does a bitcoin user have to download the entire bitcoin chain to do anything?
>>> - How much data does an owner of a bitcoin need to store locally
>>>  (just their Private key and the hash of the bitcoin???)
>>> - How did SN spend the first bitcoins (did he just give them away)
>>> - How much is the residual value of SN's coins
>>> - How does bitcoin scale into the future - can we make cutoff points
>>>  and assume we don't need to go back to the genesis block - ie
>>>  assume the genesis block is number 1,000,000 and not bother to go back
>>>  further
>>> 
>>> Cheers
>>> 
>>> /Joe
>>> 
>>> 
>>> On Wed, Mar 8, 2017 at 1:51 AM, Steve Davis
>>> <steven.charles.davis@REDACTED <mailto:steven.charles.davis@REDACTED>> wrote:
>>>> Hi Joe,
>>>> 
>>>> You might find this repo helpful:
>>>> 
>>>> https://github.com/solarbit/pool/tree/master/lib <https://github.com/solarbit/pool/tree/master/lib>
>>>> 
>>>> In particular, downloading and parsing old blocks in this:
>>>> 
>>>> https://github.com/solarbit/pool/blob/master/lib/solarbit/src/sbt_btc_srv.erl
>>>> 
>>>> I have more code related, so if there were something particular missing, let
>>>> me know and I’d be happy to share.
>>>> 
>>>> BR,
>>>> /sd
> 

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