0.73%
1.13%
1.18%
BTC
$64,502.82
0.50%
0.05%
1.54%
ETH
$1,902.96
0.38%
0.61%
1.11%
BNB
$601.96
0.39%
0.20%
0.28%
XRP
$0.99956086
0.41%
0.72%
1.44%
SOL
$76.33
0.08%
0.30%
0.64%
TRX
$0.33231348
0.27%
0.42%
0.69%
DOGE
$0.06993849
0.28%
0.62%
10.07%
LINK
$9.44
0.04%
0.29%
5.60%
ADA
$0.17431349
0.03%
0.45%
1.24%
LTC
$44.54
0.73%
1.13%
1.18%
BTC
$64,502.82
0.50%
0.05%
1.54%
ETH
$1,902.96
0.38%
0.61%
1.11%
BNB
$601.96
0.39%
0.20%
0.28%
XRP
$0.99956086
0.41%
0.72%
1.44%
SOL
$76.33
0.08%
0.30%
0.64%
TRX
$0.33231348
0.27%
0.42%
0.69%
DOGE
$0.06993849
0.28%
0.62%
10.07%
LINK
$9.44
0.04%
0.29%
5.60%
ADA
$0.17431349
0.03%
0.45%
1.24%
LTC
$44.54
   /       /       /    Adam Back Rejects Satoshi Nakamoto as Bitcoin’s Final Word

Adam Back Rejects Satoshi Nakamoto as Bitcoin’s Final Word

Adam Back Rejects Satoshi Nakamoto as Bitcoin’s Final Word

Satoshi Bitcoin scaling quotes prove nothing, Adam Back argues, because the pseudonymous creator contradicted himself repeatedly and was sometimes simply wrong.

The Blockstream CEO fired back this week at a viral thread citing old forum posts as proof that Satoshi Nakamoto always wanted bigger blocks.

What the Satoshi Bitcoin Scaling Quotes Actually Say

The fight reopened after a developer interview drew criticism on X. Big-block advocates recirculated two Satoshi lines they treat as settled doctrine, starting with this one from BitcoinTalk.

“We can phase in a change later if we get closer to needing it.”

Satoshi Nakamoto, BitcoinTalk, October 3, 2010

The context complicates that reading. Satoshi wrote it while urging users to reject a patch that raised the block size limit.

A December 2009 post predicted Moore’s Law would soon outgrow the chain. That rule of thumb holds that computing power roughly doubles every two years.

Consequently, advocates argue, the design always assumed rising capacity.

Back answered with one word. He wrote “no,” then explained why the archive cuts both ways.

Why Back Wants First Principles Instead

Back traces those Satoshi Bitcoin quotes to a defensive exchange with critic James A. Donald, who argued in 2008 that the design would never scale. Satoshi’s answer that November pointed away from bigger blocks entirely.

“as the network grows beyond a certain point, it would be left more and more to specialists with server farms of specialized hardware”

Satoshi Nakamoto, Cryptography Mailing List, November 2008

There sits the contradiction. One Satoshi tells users the chain can simply grow, while another hands the load to specialists and lightweight clients.

The Moore’s Law claim aged worse still. Satoshi expected download times to peak within eight months, yet the chain kept outrunning hardware. It now spans about 744 gigabytes.

Back reads those later remarks as an early case for second layers, which settle payments off-chain.

The Blockstream founder has spent 2026 attacking similar appeals to authority. In July, he ridiculed the BIP-110 fork fight, a failed push to rewrite consensus rules through miner signaling.

He later called the case for lifting Bitcoin’s 21 million cap a trap. Back has also argued that Bitcoin was discovered, not invented, weakening any author’s claim to the roadmap.

Meanwhile, the market offers little comfort. Bitcoin (BTC) trades near $64,168, roughly 49% below the record of $126,080 set in October 2025.

The argument resurfaces because both sides need Satoshi. Coinbase CEO Brian Armstrong recently claimed stablecoins, not Bitcoin, delivered Satoshi’s payments vision.

Craig Wright pushed the opposite line in his Bitcoin governance critique, insisting the base layer must never change.

Back lands somewhere between them. Old Satoshi Bitcoin posts can inform the debate; however, they cannot end it.

His conclusion abandons the archive. Developers should reason from first principles themselves, he argues, rather than mine a decade-old forum for permission.

Source: BeInCrypto

18-08-2026
Криптовалюты / Новости в мире криптовалют

Новости в мире криптовалют

Blockstream представляет свопы, позволяя биткоинерам легко перемещаться между Lightning и основной сетьюBlockstream представляет свопы, позволяя биткоинерам легко перемещаться между Lightning и основной сетьюBreez выпускает новое Bitcoin-приложение, которое одновременно является кошельком и инструментарием для разработчиковBreez выпускает новое Bitcoin-приложение, которое одновременно является кошельком и инструментарием для разработчиковБенджамин Коуэн: криптовалюта не была такой дешёвой с 2010 года, но может упасть ещё нижеБенджамин Коуэн: криптовалюта не была такой дешёвой с 2010 года, но может упасть ещё ниже2007–2009: мировой финансовый кризис и появление биткоина2007–2009: мировой финансовый кризис и появление биткоина

Случайная цитата о деньгах

"Финансовые рынки не могут правильно учитывать будущее - они вообще не учитывают будущего, они помогают сформировать его."

Джордж Сорос

Интересные записи в других разделах блога

Информация

Посетители, находящиеся в группе Гости, не могут оставлять комментарии к данной публикации.

Последние материалы

все статьи →
Metaplanet Unveils US Bitcoin Expansion: Here’s What It Plans to Do With SuperplanetНовости в мире криптовалютMetaplanet Unveils US Bitcoin Expansion: Here’s What It Plans to Do With SuperplanetThe BTC holder plans to transform the Nasdaq-listed Super League into Superplanet to create a second vehicle designed to raise capital and buy more bitcoin in18-08-2026The Pack Is the Painting: Evil Biscuit and the Schizocollage Movement Come to Hong KongНовости в мире криптовалютThe Pack Is the Painting: Evil Biscuit and the Schizocollage Movement Come to Hong KongBitcoin Magazine The Pack Is the Painting: Evil Biscuit and the Schizocollage Movement Come to Hong Kong In 1956, at an exhibition hall in Tokyo, a Japanese18-08-2026Hyperliquid (HYPE) Leads the Top 10 in August, Yet Smart Money is ShortНовости в мире криптовалютHyperliquid (HYPE) Leads the Top 10 in August, Yet Smart Money is ShortHyperliquid (HYPE) price has gained 13.99% in August, making it the strongest performer among the top 10 crypto assets this month. However, exchange-traded18-08-2026Bybit Intercepts $700 Million in Potential User Losses During First Half of 2026Новости в мире криптовалютBybit Intercepts $700 Million in Potential User Losses During First Half of 2026"The cybersecurity arms race has entered an era of minutes," said David Zong, Head of Group Risk Control and Security at Bybit.18-08-2026Adam Back Rejects Satoshi Nakamoto as Bitcoin’s Final WordНовости в мире криптовалютAdam Back Rejects Satoshi Nakamoto as Bitcoin’s Final WordAdam Back rejects the Satoshi Bitcoin scaling narrative, saying early forum posts contradict each other and settle nothing.18-08-2026Can $7 in Crypto Freeze Your Account? HTX Dusting Panic ExplainedНовости в мире криптовалютCan $7 in Crypto Freeze Your Account? HTX Dusting Panic ExplainedHTX dusting panic explained as unsolicited USDT deposits trigger account freezes days before Binance restrictions kick in.18-08-20263 Reasons MicroStrategy (MSTR) Stock Could Climb While Bitcoin Remains FlatНовости в мире криптовалют3 Reasons MicroStrategy (MSTR) Stock Could Climb While Bitcoin Remains FlatStrategy (MSTR) stock is climbing back toward $100, closing Monday near $97.68 after a 5% jump, even though the Bitcoin behind it has barely moved near18-08-2026Latam Digital Assets Conf to Bring Financial Institutions to Buenos AiresНовости в мире криптовалютLatam Digital Assets Conf to Bring Financial Institutions to Buenos AiresThe Latam Digital Assets Conf will take place Aug. 20-21, bringing together banks, fintechs, regulators and investors to discuss stablecoins, tokenization and18-08-2026Bitcoin Dominance Rises as BTC Hits a Weekly High Above $64K: Market WatchНовости в мире криптовалютBitcoin Dominance Rises as BTC Hits a Weekly High Above $64K: Market WatchMeanwhile, XRP's fight for $1.00 continues without much success.18-08-2026
ВойтиMasterInvest
RUENUK