[erlang-questions] bitcoin blockchain
Wed Mar 8 08:34:44 CET 2017
To answer my own question(s)
I found this 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
On Wed, Mar 8, 2017 at 8:13 AM, Joe Armstrong <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
> On Wed, Mar 8, 2017 at 1:51 AM, Steve Davis
> <steven.charles.davis@REDACTED> wrote:
>> Hi Joe,
>> You might find this repo helpful:
>> In particular, downloading and parsing old blocks in this:
>> I have more code related, so if there were something particular missing, let
>> me know and I’d be happy to share.
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