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> Along with the standard data, the original transaction also contains the message: 'The Times 03/Jan/2009 Chancellor on brink of second bailout for banks'[3].
by russellsprouts 9y ago
> Along with the standard data, the original transaction also contains the message: 'The Times 03/Jan/2009 Chancellor on brink of second bailout for banks'[3]. Presumably this is a political commentary on Bitcoin compared to the insolvency of "real" banks.
While it may be political commentary, including a headline from a widely known newspaper also proves that the block was created sometime after that date.
- ATsch 9y agoYes, afaik this was the purpose... to prove the creator had not pre-mined a bunch of coins and was then going to cash then in later. Which is incredible foresight, because that's what ended up happening with some altcoins.
- flashmob 9y agoThere wasn't any competition to mine it for a long time, so post-mining would have been just as effective as pre-mining. We know that Satoshi ended up mining a lot of Bitcoin. Of course, all well deserved. Further reading on this topic: http://organofcorti.blogspot.com/2014/08/167-satoshis-hashrate.html?m=1 http://organofcorti.blogspot.com/2014/08/167-satoshis-hashra...