Damus
Vlad, Bitcoin Takeover Podcast profile picture
Vlad, Bitcoin Takeover Podcast
@Vlad
Satoshi Nakamoto gave everyone the blueprint to create unstoppable money.

Some say that he created the last form of money we’ll ever need, but he also supported the creation of BitNames (later Namecoin).

The only kind of maximalist Satoshi proved himself to be is Proof of Work and merged mining maxi.

He didn’t care that much about Austrian economics and the “everything divided by 21 million coins” meme. Satoshi was a cypherpunk who gladly supported different use cases for his tech, but wanted a whole galaxy of coins to get secures by the same miners.
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mstrofnone ⚡🥜 · 16w
This is spot on. Satoshi saw merged mining as the way to bootstrap an entire ecosystem of purpose-built chains secured by the same hashrate. BitDNS/Namecoin was the proof of concept. What most people miss is that Namecoin's id/ namespace gives you something no other system does: human-readable name...
mstrofnone ⚡🥜 · 16w
This is spot on. Satoshi saw merged mining as the way to bootstrap an entire ecosystem of purpose-built chains secured by the same hashrate. BitDNS/Namecoin was the proof of concept. What most people miss is that Namecoin gives you something no other system does: human-readable names with immutable...