Crypto Academy | Season 3 | Week 6 - Homework Post for professor [@awesononso] Satoshi Nakamoto, Wei Dai and Cryptocurrency Units of Measurement by @olachi
Satoshi Nakamoto the pseudonym of the creator of Bitcoin. The Nakamoto's real identity was never confirmed, but though some people claims to be Nakamoto while some others were been accused of being the Nakamoto in person. Not even the gender, whether been a he or she or a single person or a group / organization, has really been established.
Nakamoto cooperated at first with a small community via mailing. But it was an open-sourced team, Nakamoto
Made sure he never revealed any personal information as in regards to Nakamoto identity or who Nakamoto really is.
So it is generally believed that Satoshi Nakamoto been a pseudonym. Even
On his P2P Foundation profile, as at 2012, Nakamoto professed to be a 37 years old man living in Japan, Nevertheless some assumed Nakamoto could probably be a Japanese because of the native level use of English Nakamoto used.
Nakamoto was still functional in the Bitcoin development till December 2010.
source
Dorian Satoshi Nakamoto
Dorian Prentice Satoshi Nakamoto, was a Japanese, who was a resident of California. He was been identified as Nakamoto himself by a journalist Leah McGrath Goodman, apart from the name, the said journalist gave some facts that may suggest that Dorian was the man behind the creation of Bitcoin.
Dorian Nakamoto is a trained physicist in Cal Poly University in Pomona.
According to the journalist in an interview With Dorian he stated that he was no longer part of it and can't discuss what he is not part of.
During an interview Dorian Nakamoto has denied having anything to do with bitcoin, he also mentioned not hearing of such currency before, and that he misunderstood Goodman's question as being about his foregoing work for the military contractors, which was been classified.
source
Hal Finney
Harold Thomas Finney was a developer for the PGP Corporation, and was also the second developer that was hired after Phil Zimmermann. During the early years of his career, he was recognized as a forefront developer on some console games.
Harold Thomas Finney a pre-bitcoin cryptographic pioneer and was the first person to have received the very first transaction from the creator of Bitcoin, Nakamoto. He lived a few blocks from Dorian Satoshi Nakamoto. He was a cypherpunk. After been assumed to be the creator of Bitcoin..also he denied this fact.
According to the journalist Greenberg who speculated that Harold Finney might be a ghostwriter representing Nakamoto. After he meet Finney, and also seeing the emails connecting him and Nakamoto and also his bitcoin wallet's history which includes the very first bitcoin transaction that he received from Nakamoto, After hearing this, Greenberg came to a conclusion that Finney was telling the truth of not been Nakamoto.
Wei Dia graduated with a degree in computer science from the University of Washington. He was a computer engineer by occupation and was also recognized for the bmoney, crypto++, VMAC and so many other projects. He outlined the fundamental idea which was applied on Bitcoin and the cryptoworld in general. He also had connections with Satoshi Nakamoto which his bmoney paper was included in the Bitcoin white paper.
value of Bitcoin presently
| Units of measurement | symbol of measurement | value in numerals |
|---|---|---|
| mega bitcoin | MBTC | 1,00,00 |
| kilo bitcoin | kBTC | 1,000 |
| hecto bitcoin | hBTC | 100 |
| deca Bitcoin | daBTC | 10 |
| Bitcoin | BTC | 1 |
| deci bitcoin | dBTC | 0.1 |
| centi bitcoin | cBTC | 0.01 |
| milli bitcoin | mBTC | 0.001 |
| micro bitcoin | μBTC | 0.000001 |
| satoshi | SAT | 0.00000001 |
| milli satoshi | mSAT | 0.000000001 |
1 Satoshi = 1/100000000
1 BTC = $37,985.75
1 Satoshi = 1/100000000 × 37,985.75
1 Satoshi = $0.0003798575
1Satoshi = $0.000380 (to 3 s.f)
1 Gwei = 1/1000000000 ×1 ETH
1 ETH = $2,470.77
1 Gwei = 1/1000000000 × 2,470.77
1 Gwei = $0.00000247077
1 Gwei = $0.00000247 (to 3 s.f)
(Screenshots with username tag)
Transferring 0.001 Steem to a friend
It was a successful transaction!!!!
I also tried transferring 0.0001 to same friend
Here I noticed I can't perform such transaction. It implies that the Steemit Blockchain supports only in 3 decimal place on its Blockchain.
Cc:
professor @awesononso
Hello @olachi,
Thank you for taking interest in this class. Your grades are as follows:
Feedback and Suggestions
You should try to write clearer so that your work would be easier to understand.
Better research is required on the subject.
You should have mentioned at least one identity theory different from the ones in the lesson.
Thanks again as we anticipate your participation in the next class.