THIS DAY IN BITCOIN HISTORY

August 5

8 of Satoshi’s emails and forum posts are dated August 5 (2010), quoted from the original sources.

FROM THE ARCHIVE

What Satoshi wrote on August 5.

Forum posts · 2010Re: A proposal for a semi-automated Escrow mechanism

A transaction can be written that requires two signatures to spend it next. You write a payment that requires the signature of both the recipient and the sender to spend it. To release the escrow, you give the recipie…

Forum posts · 2010Re: bitcoind transaction to ip address

It's not implemented. It turned out nobody liked that mode of transfer anyway, so it hasn't had much development attention.

Forum posts · 2010Re: Flood attack 0.00000001 BC

Quote from: bytemaster on August 05, 2010, 04:46:52 PM Right now the transaction fee address is left "blank" and the block generator fills it out. Now you would fill it in with the address of the person you are asking…

Forum posts · 2010Re: Flood attack 0.00000001 BC

Quote from: bytemaster on August 05, 2010, 03:39:19 PM The only solution to this problem is to make broadcasting of a transaction "non free". Namely, if you want me to include it you have to pay me. The net (no pun in…

Forum posts · 2010Re: Flood attack 0.00000001 BC

Quote from: bytemaster Payments would generally be advanced, say 1 BTC at a time and when the connection closes any "change" would be returned. This rule makes it impossible to pay for a simple "search query" with no…

Forum posts · 2010Re: Flood attack 0.00000001 BC

Forgot to add the good part about micropayments. While I don't think Bitcoin is practical for smaller micropayments right now, it will eventually be as storage and bandwidth costs continue to fall. If Bitcoin catches…

Forum posts · 2010Re: Transaction Overload Solution

I can't think of a way to implement that. All the transaction fees would be additional transactions. What about the transaction fees for the transaction fee's transaction?

Forum posts · 2010Re: Who's the Spanish jerk draining the Faucet?

Silently failing would look bad. Quote from: gavinandresen on August 04, 2010, 08:40:55 PM 1. Rate limit based on the first byte of the IP address (79. or 81. in this case). Definitely needed. What rate are you thinki…

SATOSHI ON RELEASES
I'll try and hurry up and release the sourcecode as soon as possible to serve as a reference to help clear up all these implementation questions.
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