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Bitcoin’s Return to Innovation: Changing the World Through Peer-to-Peer Electronic Cash

August 12, 2018 |

Bitcoin’s Return to Innovation: Changing the World Through Peer-to-Peer Electronic Cash

Developer Gabriel Cardona was personally recruited to fast track development of Bitcoin Cash (BCH). Open source, full featured development kit, Bitbox, his creation, has taken the community by storm, and it is now part of the Bitcoin.com developer universe. Money, Mr. Cardona likes to say, is critical to the human condition. And BCH and its blockchain are enabling financial sovereignty in a way which, he believes, is unique in history.

Also read: Report: 15,000 Twitter Crypto Scam Giveaway Bots

Developer Gabriel Cardona Seeks a Path to Change the World Through Bitcoin Cash

This week, developer Gabriel Cardona was guest for a full hour on the Vin Armani Show. At about the one hour and eight minute mark, Mr. Cardona began to lay out reasoning behind the burst of innovation in development on the Bitcoin Cash blockchain.

With hotshot initial coin offerings ringing-in billions, venture capitalists pouring money into project after project, and nearly all crypto talk dominated by speculative price analysis, idealism is hardly ever mentioned. There is almost a sense of innocence lost, having given way to strange corporate realism. When idealism is employed, derision and condescension aren’t too far behind nowadays. Mr. Cardona, however, champions bitcoin cash as “the soundest money the world has ever known. As a developer you can make it available to all people, whatever their age, gender, nationality or financial status,” he explained to Vin Armani, founder of Coin Text, the text messaging way to send BCH without an internet connection.

Bitcoin’s Return to Innovation: Changing the World Through Peer-to-Peer Electronic Cash

Mr. Cardona describes himself, 37, as a decidedly different person professionally, “a whole different frequency” only ten years ago. He spent most of his twenties vagabonding, playing music, traveling. Becoming a father around this time sobered him to clearer thoughts about a career going forward. A chance community college course led to his first project, then another, and another. For whatever reason, the web has always resonated with him. The ubiquity, the chance to be impactful on a large scale, appealed to Mr. Cardona professionally.

That professional path eventually led him to code for Walmart, Target, Taco Bell, and to Triple A — all web development projects. Somewhere along the line, 2012 ish, he discovered bitcoin and Gavin Andresen’s Faucet, where Mr. Cardona received five bitcoin. This kept him interested as he went about his regular career. In fact, he’d put the idea aside for years while keeping an ear and eye to key hacker news outlets. When talk about a fork in mid 2017 was heating up, Mr. Cardona described the inevitable as not optimum, certainly, but ultimately the right path when two factions just cannot agree.

Bitcoin’s Return to Innovation: Changing the World Through Peer-to-Peer Electronic Cash

The Revelation

From there he deduced one of the chains would eventually have an innovation explosion. When he was able to access bitcoin cash (BCH) coins, and he started to use them, it suddenly grabbed him completely: this is bitcoin, the tech that made a great many wonderful people fall in love. Still, he wasn’t yet convinced enough to enter the space in any permanent way. In fact, he took to the burgeoning 3D printer industry. Upon looking more deeply into smart contracts, he encountered Ethereum’s Truffle Suite. He describes this as a revelation.

It was shocking. Nothing like a good framework, a suite of abstractions, allowing developers to work ten times faster existed for Bitcoin. There wasn’t anything like it in the BCH space. With that realization, he coincidentally took some time off to try and “have the vision.” It’s this kind of talk that makes Mr. Cardona so compelling. Devs are not known for their ability to communicate vulnerabilities, to be, well, human. Mr. Cardona has that in spades.

Bitcoin’s Return to Innovation: Changing the World Through Peer-to-Peer Electronic Cash

That in-touch-ness no doubt sets him apart. He’s humble enough to know he needs mentors, guides, to help check himself along the way. Enter Pete Flint, 44, a British entrepreneur now based in San Francisco at the venture capital firm, NFX, where he is a managing partner. Mr. Fint is perhaps best known for having been founder and CEO of Trulia, which he eventually sold for something like a billion dollars. Mr. Cardona worked there for a spell, and the two hit it off. On his break to “have the vision,” he met up again with Mr. Flint.

That was half a year ago. Mr. Cardona credits Mr. Flint with urging him to move from hardware to software, and onto to BCH solutions. That very night Mr. Cardona began working on a library that morphed into framework, and has now become the solution platform, Bitbox. An immediate success, having been downloaded tens of thousands of times in a very short period, Bitbox got the attention of nearly everyone in The Know. Two months ago he joined Bitcoin.com to put Bitbox into full-on practice. For the un-technical, Bitbox assumes many functions every dev needs, thus speeding up a project’s process, allowing innovation to come at much faster paces. The implications for its power are simply mind-blowing. As Vin Armani commented during the interview, had something like Bitbox been available as little as three years ago for Bitcoin, everything would’ve changed. That it’s now an intimate part of BCH means the future of money is on a Cardona path.     

Is the pace of innovation on the BCH chain surprising? Let us know in the comments section below. 


Images via Pixabay, Vin Armani.


Be sure to check out the podcast, Blockchain 2025; latest episode here. Want to create your own secure cold storage paper wallet? Check our tools section.

The post Bitcoin’s Return to Innovation: Changing the World Through Peer-to-Peer Electronic Cash appeared first on Bitcoin News.

Bitcoin News

A Look at Stylometry: Can We Uncover Satoshi Through Literary Quirks?

August 6, 2018 |

A Look at Stylometry: Can We Uncover Satoshi Through Literary Quirks?

Over the past few years, the number of people hunting for Satoshi Nakamoto has increased as people all over the world have been in search of the mysterious creator of Bitcoin. The cryptocurrency-community has also seen a few people come out of the woodwork recently, who have claimed to be Satoshi or have been accused of being the currency’s creator. Then there’s that one guy who says he’s Nakamoto and has published the first chapter of his autobiography. One investigative approach that’s been used often to try and uncover Satoshi Nakamoto’s identity is a scientific method called stylometry, which shows that there are very few people living on earth that have ever written like Nakamoto and the crypto-inventor’s writing style is not easy to plagiarize.

Also Read: The Weekly: China Hires Cryptographer, McDonald’s Unveils Maccoin, Bitmain Gets Richer

The Quest to Uncover the Real Satoshi Nakamoto

A Look at Stylometry: Can We Uncover Satoshi Through Literary Quirks?Who is Satoshi Nakamoto? That’s a question people often ask these days due to the climactic rise of cryptocurrencies last year, and a lot of individuals have always been curious about the technology’s creator. There’s a lot of reasons to why a bunch of people would like to find out who Satoshi is, as the creator of Bitcoin could maybe answer some questions that could possibly end the heated scaling debate that’s been happening for years. Nakamoto also allegedly holds over 1 million BTC, BCH, and every other fork created under his original protocol making him/her/them extremely wealthy. Over the past few years, the crypto-community has also seen a few individuals that have been said to be Satoshi Nakamoto including Dorian Nakamoto, Ian Grigg, Nick Szabo, and Craig Wright. Furthermore, recently a man from Hawaii claimed he was Satoshi, and then some other dude wrote the first chapter of the Satoshi Nakamoto memoirs while also claiming to be the creator of Bitcoin.

Stylometry Used to Uncover Satoshi Nakamoto’s Writing Style and Literary Quirks

Over the years, there’s one scientific method that studies the linguistic style of typed text and handwriting called ‘stylometry’ and the literary tool has been often used to attribute Satoshi’s anonymity to a real person. The method of analyzing text for evidence of authenticity or ownership has been used for hundreds of years. When people write, not only do they have a distinctive handwriting, but the way individuals place phrases and specific words in bodies of writing are also very unique characteristics to every individual.

A Look at Stylometry: Can We Uncover Satoshi Through Literary Quirks?
A sample of one of Satoshi Nakamoto’s emails.

After the guy who wrote 21-pages of personal Nakamoto memories, many people who study text patterns and stylometrists believed the latest autobiography allegedly written by Nakamoto was most likely phony. The armchair detectives found the latest memoirs did not contain Nakamoto’s literary quirks, double spacing, and unique misspellings.

A Look at Stylometry: Can We Uncover Satoshi Through Literary Quirks?

Hard to Copy Satoshi’s Style But a Few Cryptographers Have Similarities

In fact, other stylometric analyses of the original Bitcoin white paper and Satoshi’s emails reveal that it is not easy to copy Nakamoto’s style. For instance, stylometrists have stated that the chances of another cryptographic researcher using the phrases, “It should be noted, for our purposes, can be characterized, and preclude” turns out to be extremely low at 0.8 percent. However, over the years of stylometric analysis of the white paper, there have been a few cryptographers who have come close to Nakamoto’s linguistic stylings. The five closest individuals named would be Nick Szabo, Ian Grigg, Hal Finney, Wei Dai, and Timothy May. Szabo has the highest amount of algorithmic similarities in his early papers when studied side by side with Nakamoto’s white paper. Although, each one of the people mentioned above have had comparable writing styles to Nakamoto to some degree and stylometric studies have named them all as suspects. On December 26, 2017 the data scientist Michael Chon explains each character who has been used in stylometric analysis against Nakamoto’s writings.             

“According to the classification algorithms, [stylometric analysis], all predicted that Nick Szabo is linguistically similar to Satoshi who had written the Bitcoin paper and Ian Grigg is linguistically similar to Satoshi who had exchanged the emails,” Chon details. “The word ‘would’ is used by Hal Finney 28 times and the word ‘one’ is used by Nick Szabo 199 times. There is one unigram, the word ‘contract’, commonly used by Ian Grigg and Nick Szabo.”

Wei Dai has the highest similarity score to the Bitcoin paper and Hal Finney has the highest similarity score to Satoshi’s email exchanges. From gensim, Timothy C. May has the highest similarity score to the Bitcoin paper and Ian Grigg has the highest similarity score to Satoshi’s email exchanges. An unusual result is that Ian Grigg has a similarity score of .99996 to Satoshi’s email exchanges.

A Look at Stylometry: Can We Uncover Satoshi Through Literary Quirks?
The five closest suspects that write similarly to Satoshi according to stylometry. From left to right, Nick Szabo, Timothy May, Wei Dai, Ian Grigg, and Hal Finney.

Although Not Perfect Stylometrics Can Confirm Phony Resurrection Writing

Lastly, another study written by a nonprofit based in England used stylometrics this past June against Nakamoto’s writings and they concluded that the creator was the well-known Bitcoin developer Gavin Andresen. “We identified Bitcoin Cash developer Gavin Andresen as being the real Satoshi Nakamoto,” explains Troy Watson, a representative for the nonprofit’s recent study. However, not many took the study too seriously and the stylometric analysis was quickly forgotten.

A Look at Stylometry: Can We Uncover Satoshi Through Literary Quirks?
Gavin Andresen loses faith in stylometry after a study claimed that he was Satoshi Nakamoto.

The community has seen many claims by people saying they are Satoshi and it’s safe to say stylometry will likely be used against any self-professed Nakamoto that comes forward. The method of study, although not perfect, can deduce things down to a relatively low amount of known people, while giving people a glimpse at just how difficult it is to uncover Nakamoto’s identity. But stylometry can also be used to easily confirm phonies attempting to relive the Nakamoto glory days through resurrection writing.

What do you think about the many stylometric studies used to uncover the real Satoshi Nakamoto? Do you think stylometry is a good tool to deduce whether someone is Nakamoto or not? Let us know what you think about this subject in the comment section below.


Images via Shutterstock, Twitter, Pixabay, and Time. 


Verify and track bitcoin cash transactions on our BCH Block Explorer, the best of its kind anywhere in the world. Also, keep up with your holdings, BCH and other coins, on our market charts at Satoshi’s Pulse, another original and free service from Bitcoin.com.

The post A Look at Stylometry: Can We Uncover Satoshi Through Literary Quirks? appeared first on Bitcoin News.

Bitcoin News

Wayne Bradshaw rose from humble beginnings to shepherd black banks through turmoil

July 29, 2018 |

Wayne-Kent Bradshaw, 71, is chief executive of Broadway Federal Bank, an institution he helped rescue from fraud and the recession. It’s now the last African American bank headquartered in the Western United States, and the probable last stop in a successful career that would have seemed unlikely…


L.A. Times – Business

$7 Billion Linked to 1MDB Flowed Through Global Financial System

July 11, 2018 |

Around $ 7 billion originating from Malaysian state investment fund 1MDB and its former unit flowed through the global financial system between 2009 and 2015, the Swiss attorney-general said.
WSJ.com: What’s News Asia

In Thailand, a Tearful Reunion Through Glass

July 11, 2018 |

“It’s like a rebirth.” That’s how a father is viewing his 11-year-old son’s rescue as part of a soccer team pulled by divers from a flooded cave in Thailand. “Everybody started to cry,” he adds of the moment Wednesday when family members were reunited at a hospital with some of…
Newser

Tech’s ‘Dirty Secret’: The App Developers Sifting Through Your Gmail

July 3, 2018 |

Software developers scan hundreds of millions of emails of users who sign up for email-based services. Disclosures are often buried in user agreements.
WSJ.com: What’s News Asia

CNN

A trek from poverty through a war zone they knew nothing about

June 10, 2018 |

In small groups they trudge along the desolate desert road, young men and some women, from Somalia and Ethiopia. Some carry plastic bags with snacks, plastic water bottles, an extra scrap of clothing.
CNN.com – RSS Channel – World

McCormick Media’s deal to buy stake in Los Angeles Times owner falls through

June 6, 2018 |

An investor group’s deal to buy former Tronc Chairman Michael Ferro’s entire stake in the newspaper chain has fallen through.

In April, Ferro struck the deal to sell his 25.6% stake in Tronc — which owns the Los Angeles Times, the Chicago Tribune and other newspapers — for $ 208.6 million to McCormick…


L.A. Times – Business

Qualcomm executives to receive cash severances if company goes through change of control

May 29, 2018 |

Qualcomm Inc.’s top executives will be eligible to receive cash severances if they’re fired after a change in control of the firm, reversing a long-standing policy of not providing such payments for senior managers.

The policy mirrors the severance plan the San Diego-based chipmaker adopted in…


L.A. Times – Business