Why was Satoshi Nakamoto born on April 5, 1975?
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Why was Satoshi Nakamoto born on April 5, 1975?
Why Satoshi Mamoto's information shows that he was born on April 5, 1975, what mystery is contained in it, the author of this article launched his conjecture.
Looking back at the history of Bitcoin, you will find that this mysterious "founder" seems to have a lot of complaints about the traditional financial system. In October 2008, Satoshi Nakamoto published the Bitcoin white paper on the P2P Foundation website. In the date of birth column of the registration information, Satoshi Nakamoto filled in the date of April 5, 1975. We were unable to verify the authenticity of this date. However, it was later discovered that this date was by no means filled in casually. It's a date of great irony, and the irony is America.
What happened in American history on April 5, 1975? Actually nothing happened. However, if you look at the year, month and day separately, two major events occurred in the history of the United States. The first event occurred on April 5, 1933.
Gold is recognized as one of the best hard currencies in everyone's eyes. In the United States during the Great Depression in 1933, President Roosevelt signed Bill No. 6102 and announced to the public on April 5 of the same year that it was illegal for the public to own gold, and offenders would face up to 10 years in prison and a fine of $10,000 fine.
The decree allows the Fed to recoup roughly $400 million in gold at $20.67 an ounce. However, at the end of January of the following year, the U.S. Congress passed the Gold Reserve Act, stabilizing the price of gold at $35 an ounce. This price is more than 70% higher than when it was collected. Although this led to an "inexplicable" devaluation of the dollar in the hands of US citizens by nearly 40%. In 1975, when the second major event occurred, the current US President Ford officially signed it. After 42 years, the gold holdings of US citizens were finally legalized again.
April 5, 1975 is a combination of these two event dates. Satoshi Nakamoto started writing the Bitcoin code in 2007. Until January 3, 2009, he finally successfully dug out the origin block of Bitcoin, and it was officially born that day. However, it was also discovered that Satoshi Nakamoto left a string of hexadecimal information on the genesis block. The translation is this:
The Times is a British newspaper with international influence. People reading The Times on January 3, 2009, will find that this is the headline on the front page of the paper that day. The period from 2007 to 2009 was a period when the world economy was in crisis. The negative impact of the financial crisis triggered by the United States has spread all over the world. Many banks and large financial institutions failed or were taken over, and Satoshi Nakamoto recorded this headline forever on the Bitcoin block, which cannot be tampered with.
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Ethereum's DETH will make ETH hyperliquid
DETH can be seen as "Deposit ETH" (Deposit ETH), or DeFi ETH (because it may become the main form of ETH used in DeFi). The author's point of view is that DETH may make Staking and the ETH of the Ethereum network hyperliquid.
Suppose you own Ethereum and you plan to hold it for a long time, but you must participate in Defi lending or staking. So how do you do both? Staking assets and earnings are tokenized through Defi, and then put into Defi.
As the native asset of DeFi, ETH may have become hyperliquid.
Similar to how Compound issues cTokens representing token protocol assets, service providers such as exchanges and equity pools that mortgage ETH on behalf of users can also issue tokens for use as collateral assets and accrued income.
Not all DETHs are the same, and there won't be just one DETH. Each staking service will have its own version of derivative tokens. Stake Capital has proposed an implementation of DETH in the form of LETH, and I think we will see BinanceDETH, CoinbaseDETH, and countless other staking service providers issuing tokens.
2020 is also going to be a particularly crazy year.
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51% Attack on Vertcoin – Blockchain Security Case Study
On December 1, 2019, Vertcoin suffered a 51% attack in which an unknown attacker replaced the history of the ledger by changing block 603. Vertcoin has been attacked several times over the past year. A previous attack resulted in the theft of $100,000.
In a double spend attack, an attacker reorganizes the chain on which he made a large purchase in one cryptocurrency and replaces it with another version of the blockchain where he owns the item but never pays for it.
In this case, the attacker would deposit VTC with a merchant (such as an exchange) to buy BTC (or other bearer assets with shorter delivery times). He'll find himself in that timeline after the deal is done, and he'll get back to himself the money he previously spent at the merchant.
Our analysis shows that Vertcoin's greatest weakness is its inability to punish attackers. In a permissionless system, miners are only motivated by financial rewards and discouraged by penalties. The idea of boycotting ASICs started as a form of social justice movement that avoided any punishment, since attackers could easily sell the hardware after an attack, or even lease it to one of several general-purpose computing marketplaces. However, the Vertcoin attack also shows positive signs for cybersecurity. By monitoring important "vital signs" of the network, such as commodity production, derivatives markets, large recent deposits in exchanges, and the peer-to-peer network layer, some future attacks can be predicted.
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How Blockchain Could Solve Amazon's $400 Million Problem
Research on a potential solution to eliminate counterfeit products at the world's largest e-commerce retailer.
From 2018 to 2019, online counterfeiting increased by 40%.
One major reason Amazon is desperately trying to fight the counterfeit crisis: Suppliers are leaving, and Amazon is losing money as a result. In the past month, Nike, one of Amazon's most popular suppliers, decided to quit the platform after counterfeit items replaced their content in search results.
On top of that, Amazon itself has been accused of "copying" popular products. Last year, home and kitchen brand Williams-Sonoma sued Amazon, claiming the tech giant's private-label furniture division copied one of its chair designs.
In a world where upstarts occupy niche spaces, Amazon's ignorance could affect its future cash flow as more merchants migrate to personalized e-commerce services like Shopify. However, there is a solution that could differentiate Amazon and reduce churn: blockchain.
How Blockchain Can Help Amazon Fight Counterfeiters
As mentioned earlier, Amazon has to vet merchants individually, an inefficient process that ignores small start-ups on the platform. Instead, Amazon could utilize the blockchain for its verification process. Here's a breakdown of the potential workflow.
A new merchant who wants to sell their product on Amazon sends their request to the e-commerce retailer.
Amazon sent them a link to a revised version of Project Zero, powered by blockchain, for merchants to fill out their information.
Merchants must upload sensitive information, including their company name, business registration number, business address, any patents under their name, and financial statements.
A smart contract in the blockchain securely verifies the merchant’s claim by cross-referencing information from other companies in the blockchain and accessing the commercial registry of the merchant’s country.
If the contract finds anything suspicious, the application is rejected immediately. For example, if an approved merchant has already claimed a company name or patent on the blockchain, the new merchant is likely to be a fraud.
There may be a reason why Amazon hasn't moved forward with this idea. In this case, it is because of the performance bottleneck of blockchains, as they require a lot of computing power to verify more than 2.9 million merchants. But they have their strengths and the resources to make it happen.
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Consensys sums up Ethereum’s year with some numbers.
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20 million+. Total number of Ethereum accounts created this year
4000000. New Active Ethereum Addresses in 2019
4,728,3 times. Ethereum has undergone three network upgrades
152+. One-year release of ether from block rewards.
8,About 2 million, increase the average Gas limit from 8 million gasoline to less than 10 million
Dapps
516. Live Ethereum Node
520. New dapps created in 2019
2019 brought crypto to mobile: MetaMask Mobile, Argent, Coinbase Wallet, and others have all released wallets in the past year.
1–2. Ethereum name service owners buy an average of 1-2 domain names, and some "whales" own hundreds.
Forwhatshallitprofitamanifhegainthewholeworldandsufferthelossofhissoul.eth
The longest ENS domain names are:
In its two-year lifespan, OpenSea has become a major marketplace for NFT auctions, with auctions totaling over $7 million, of which $1.7 million came from October alone.
One of the most popular dapps on Ethereum, Gods Unchained, has created 6,714,445 items
