Comment by nullc | Hacker News Reader

Comment by nullc | Hacker News Reader

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I'd make a reasonable bet that those motions were to one of the early exchanges, — based on the timing, maybe Britcoin. I'd consider it doubtful that the later owner of those funds was the same as the earlier one.

I'm not sure why they'd hypothesize that someone who apparently used Bitcoin only some time after it was widely made public, and then used it in a rather poor manner anonymity wise (the aggregation), was the founder— other than to make headlines like this one. :(

In any case, the address in question (https://blockchain.info/address/12higDjoCCNXSA95xZMWUdPvXNmk...) doesn't belong to Satoshi, it belongs to Dustin Trammell: http://bitcoin-otc.com/viewgpg.php?nick=I}ruid ... who was actually my first guess, and could have easily been discovered by anyone with 20 minutes and access to google. :(

I really can't understand why such a respected name is attached to work of such low quality.

I agree. When Shamir wrote the first Bitcoin paper over a year ago, we in the Bitcoin community eagerly awaited the paper, looking forward to the revelation of some obscure new security flaw, or other issue.

Imagine our surprise when we realized that not only did the paper not reveal anything new (Satoshi mined many of the early coins -- Eureka!), but that in order to do their analysis, they scraped the entire blockchain explorer web site to access Bitcoin's transaction history, and then commented on how difficult it was to access that history.

So little was their research and understanding of how Bitcoin works, that they misunderstood its most fundamental property: the shared public ledger that sits on the desktop of anyone running the reference Bitcoin client.

Unfortunately, it looks like they're after publicity, and not new knowledge. A big disappointment.

>When Shamir wrote the first Bitcoin paper over a year ago

You mean 'when Ron and Shamir wrote their first Bitcoin paper'? as there were several prior papers about Bitcoin; including one myself and a co-author wrote on a similar topic in 2011.

We obtained our data directly from the blockchain, using a modified version of Gavin Andresen's bitcointools which we put on github (although its now out of date).

We also made the extracted data available in an easy-to-parse format, for more info see: http://anonymity-in-bitcoin.blogspot.ie/2011/09/code-dataset...

Professional jealousy of a system which has made its creator effectively a multi-millionaire? Yet another in a long string of hatchet-job troll papers done by pro cryptographers designed to elicit (or vent) an emotional response rather than an academic one?

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