_To solve this, we proposed a peer-to-peer network using proof-of-work to record a public history of transactions that quickly becomes computationally impractical for an attacker to change if honest nodes control a majority of CPU power._
You will note that I am very specific in the Whitepaper. In the sentence above, I have stated that a public history of transactions is created that is computationally impractical for an attacker to change. This is an important aspect that people overlook. I have not stated that bitcoin cannot be changed. If the honest nodes are acting to enforce the system, they can always seek to make the necessary alterations that they are required to do. Miners acting within the law can change the system. Those changes will be recorded. This leaves an audit trail available for all people to inspect and act on if necessary.
It is not impractical for the honest nodes to seek to change the public history while leaving a record of the change. Honest nodes will act to stop people who have been found to be money launderers, drug dealers, dealers and illicit material including stolen art or property or child porn.
When you read that comment in the conclusion to the Whitepaper what you need to consider is the nature of both the statement and its alternative. I have clearly stated that it is computationally impractical for an attacker to seek to change the bitcoin network. To do this they will leave evidence and come under the law.
What is missed in this statement is that I have not said at any point that it is impractical for an honest node working in conjunction with the other nodes to make a change to the bitcoin blockchain or code. By nature, miners are able to vote on the implementation of changes. If they seek to vote to act against the law they will face the consequences the law and this will include confiscation and civil loss. Bitcoin is not a cryptographic solution, it is not the desired anti-government thing that was wished for by cyberpunks, it is the product of my mind and I believe in law.
CSW
sep 26, 2019
https://metanet-icu.slack.com/archives/c5131hkfx/p1569516387039500?thread_ts=1569516387.039500&cid=c5131hkfx
https://t.me/CSW_Slack/2311
You will note that I am very specific in the Whitepaper. In the sentence above, I have stated that a public history of transactions is created that is computationally impractical for an attacker to change. This is an important aspect that people overlook. I have not stated that bitcoin cannot be changed. If the honest nodes are acting to enforce the system, they can always seek to make the necessary alterations that they are required to do. Miners acting within the law can change the system. Those changes will be recorded. This leaves an audit trail available for all people to inspect and act on if necessary.
It is not impractical for the honest nodes to seek to change the public history while leaving a record of the change. Honest nodes will act to stop people who have been found to be money launderers, drug dealers, dealers and illicit material including stolen art or property or child porn.
When you read that comment in the conclusion to the Whitepaper what you need to consider is the nature of both the statement and its alternative. I have clearly stated that it is computationally impractical for an attacker to seek to change the bitcoin network. To do this they will leave evidence and come under the law.
What is missed in this statement is that I have not said at any point that it is impractical for an honest node working in conjunction with the other nodes to make a change to the bitcoin blockchain or code. By nature, miners are able to vote on the implementation of changes. If they seek to vote to act against the law they will face the consequences the law and this will include confiscation and civil loss. Bitcoin is not a cryptographic solution, it is not the desired anti-government thing that was wished for by cyberpunks, it is the product of my mind and I believe in law.
CSW
sep 26, 2019
https://metanet-icu.slack.com/archives/c5131hkfx/p1569516387039500?thread_ts=1569516387.039500&cid=c5131hkfx
https://t.me/CSW_Slack/2311
Telegram
CSW - Slack Channel
CSW
Sep 26, 2019
https://metanet-icu.slack.com/archives/C5131HKFX/p1569516387039500?thread_ts=1569516387.039500&cid=C5131HKFX
https://t.me/CSW_Slack/2311
Sep 26, 2019
https://metanet-icu.slack.com/archives/C5131HKFX/p1569516387039500?thread_ts=1569516387.039500&cid=C5131HKFX
https://t.me/CSW_Slack/2311
Just a little clarity to make sure people understand something.
The court cases do not relate to BSV.
They relate to bitcoin (BSV) and all unauthorised copies of my database equally.
What people fail to understand in saying that this is about BSV and gaining the kind is that I ever gain everything or nothing. If I am not able to prove my ownership in a British court of law I don't get BSV, I get nothing.
Equally, when I prove and I shall because I have all the records and the fun of being audited for many years is that I have these for many years right back from the beginning in an admissible forensics date, then BTC will need to add the required aspect of the White Paper that says the owner is verified and not the possessor.
There are no decentralised claims that will save any of the developers.
It's very simple. I have a lot of time to be able to go through all of this process and tear apart all of the lies one by one.
If a miner chooses not to follow the regulations, the laws,, the court order and all of the things that they need to do then it is very simple...
I will sequester their assets
I will go after the personal assets of many of the individuals involved
I will chase down the people whichever country they happen to be hiding in
I will take the physical mining equipment
I will take the facilities
and, I will do it at a discount
so, the eventual thing is people will implement this or they will find that they have nothing left to fight me with.
The interesting aspect of all of this is that my claim exceeds the value of all of the mining hardware everywhere, not just China, globally
So, it's very simple - either people follow the law or I will use the law utterly eradicate anyone who refuses to follow the law.
I think that makes things very clear doesn't it?
By the way, I may not be doing this in the Ethereum world but every single Blockchain that will ever exist, has ever existed and can ever exist is subject to the same form of order.
it should have happened a long time ago the reality here is the lies have slowed it
CSW
May 14, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1621002342378500?thread_ts=1621002342.378500&cid=C5131HKFX
https://t.me/CSW_Slack/2313
The court cases do not relate to BSV.
They relate to bitcoin (BSV) and all unauthorised copies of my database equally.
What people fail to understand in saying that this is about BSV and gaining the kind is that I ever gain everything or nothing. If I am not able to prove my ownership in a British court of law I don't get BSV, I get nothing.
Equally, when I prove and I shall because I have all the records and the fun of being audited for many years is that I have these for many years right back from the beginning in an admissible forensics date, then BTC will need to add the required aspect of the White Paper that says the owner is verified and not the possessor.
There are no decentralised claims that will save any of the developers.
It's very simple. I have a lot of time to be able to go through all of this process and tear apart all of the lies one by one.
If a miner chooses not to follow the regulations, the laws,, the court order and all of the things that they need to do then it is very simple...
I will sequester their assets
I will go after the personal assets of many of the individuals involved
I will chase down the people whichever country they happen to be hiding in
I will take the physical mining equipment
I will take the facilities
and, I will do it at a discount
so, the eventual thing is people will implement this or they will find that they have nothing left to fight me with.
The interesting aspect of all of this is that my claim exceeds the value of all of the mining hardware everywhere, not just China, globally
So, it's very simple - either people follow the law or I will use the law utterly eradicate anyone who refuses to follow the law.
I think that makes things very clear doesn't it?
By the way, I may not be doing this in the Ethereum world but every single Blockchain that will ever exist, has ever existed and can ever exist is subject to the same form of order.
it should have happened a long time ago the reality here is the lies have slowed it
CSW
May 14, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1621002342378500?thread_ts=1621002342.378500&cid=C5131HKFX
https://t.me/CSW_Slack/2313
Telegram
CSW - Slack Channel
CSW
May 14, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1621002342378500?thread_ts=1621002342.378500&cid=C5131HKFX
https://t.me/CSW_Slack/2313
May 14, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1621002342378500?thread_ts=1621002342.378500&cid=C5131HKFX
https://t.me/CSW_Slack/2313
The only way and I will emphasise only that any Blockchain-based system will be able to exclude consumer rights and stop an individual from claiming ownership of lost assets and recovering these is to implement a waiver using a deed.
To do that would require that every individual on the system without fail expressly provides identity and ownership records for every transaction that is publicly available and searchable minimising the amount of privacy and forming not only a contract but a deed between themselves and the developers that allows any loss to occur without hope of recovery
any Blockchain and I mean any system that will ever be developed in the course of human history that implements a Blockchain is recoverable following a court order
this is not just BTC, it is not just Ethereum it is anything
(The Wyoming bitcoin/banking legislation)
irrelevant the legislation has nothing to do with bitcoin or any related system and it is focused on technology from the nineties without understanding what the Flick they were supposed to be writing about because they listen to idiots
it has relevant as legislation to do with boats that is written to cover trucks
if you receive bitcoin without notice and you maintain all of the transaction records it is covered as cash which means it is yours
if you receive bitcoin from an exchange the bank, a.k.a. exchange, is liable
the requirements here DO cover stolen goods just as they have always done in the last 300 years
if you use a mixer you lose all your money
the entire aspect of what you're missing is that this is not in exchange for value it is a mixer
the law is very very clear here, you're not buying goods and services you are mixing your money and if you mix your money you have no rights to anything that is illegally obtained
you are not a merchant, you are not getting money from one
CSW
May 15, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1621086642425000?thread_ts=1621086642.425000&cid=C5131HKFX
https://t.me/CSW_Slack/2320
To do that would require that every individual on the system without fail expressly provides identity and ownership records for every transaction that is publicly available and searchable minimising the amount of privacy and forming not only a contract but a deed between themselves and the developers that allows any loss to occur without hope of recovery
any Blockchain and I mean any system that will ever be developed in the course of human history that implements a Blockchain is recoverable following a court order
this is not just BTC, it is not just Ethereum it is anything
(The Wyoming bitcoin/banking legislation)
irrelevant the legislation has nothing to do with bitcoin or any related system and it is focused on technology from the nineties without understanding what the Flick they were supposed to be writing about because they listen to idiots
it has relevant as legislation to do with boats that is written to cover trucks
if you receive bitcoin without notice and you maintain all of the transaction records it is covered as cash which means it is yours
if you receive bitcoin from an exchange the bank, a.k.a. exchange, is liable
the requirements here DO cover stolen goods just as they have always done in the last 300 years
if you use a mixer you lose all your money
the entire aspect of what you're missing is that this is not in exchange for value it is a mixer
the law is very very clear here, you're not buying goods and services you are mixing your money and if you mix your money you have no rights to anything that is illegally obtained
you are not a merchant, you are not getting money from one
CSW
May 15, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1621086642425000?thread_ts=1621086642.425000&cid=C5131HKFX
https://t.me/CSW_Slack/2320
Telegram
CSW - Slack Channel
CSW
May 15, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1621086642425000?thread_ts=1621086642.425000&cid=C5131HKFX
https://t.me/CSW_Slack/2320
May 15, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1621086642425000?thread_ts=1621086642.425000&cid=C5131HKFX
https://t.me/CSW_Slack/2320
You cannot receive US$100,000 in good faith without customer due diligence. The part you're missing @.......ack is good faith. It is not just good consideration and it is not without knowledge. Money received must be received in good faith. To be received in good faith, for an amount over the KYC and customer due diligence amounts requires that you have full identity checking. This means you need to know the identity of the individual is received from and they need to know it as well. SPV was created to allow this. When you hand the received transaction and inputs you received you can also prove good receipt.
In the case of the bank, that becomes a tortious action against the bank. You don't receive cash when you sell your house. What happens is a deposit goes via lawyers into banks. Where the bank does not do their due diligence, they will lose out.
The Alert key that I created for bitcoin allowed individual addresses to be frozen. That wasn't adequate but was a start. What needs to occur is individual unity exposed need to be frozen and not addresses. I should have seen the silly way people were using addresses already in 2010 but I didn't. Basically, bitcoin provides a methodology that will allow very quick freezing order application to be applied. When bitcoin is used in small quantities, and we're talking here around tens, of hundreds or thousands of dollars maximum, or micro payments there is no problem. When used as cash, bitcoin works as money perfectly.
The difficulties that people see come with this idea that bitcoin is a store of value and settlement system for rich people to move money without tax. The could not be further from the truth.
If you don't like tax, move to a country that doesn't have any.
If an exchange as a money handler accepts bitcoin as money, mostly they do this as a barter arrangement right now, then it will be liable for any of the losses. If your stolen money is deposited into Kraken then Kraken is completely liable for all of the losses associated with it. As a fungible good, this will be covered under mixing rules.
And yes, KYC applies at the time you received money or goods. So if you receive bitcoin now at $240 a bitcoin and you do in exchange for 10 bitcoin not requiring full KYC and a year later your BSV is valued at US$3000, even though the current value in a years time is US$30,000 and above the limit the test was at the time of the exchange for value.
And, there are limitations with recovery in any event. Some amounts on property will not end, but other actions have to be formed earlier on. It is also a reason to register property. Hiding your property from tax officials means that you can be in a position where you are out law and unable to take action.
CSW
Feb 27, 2020
https://metanet-icu.slack.com/archives/C5131HKFX/p1582799708005100?thread_ts=1582725831.383400&cid=C5131HKFX
https://t.me/CSW_Slack/2326
In the case of the bank, that becomes a tortious action against the bank. You don't receive cash when you sell your house. What happens is a deposit goes via lawyers into banks. Where the bank does not do their due diligence, they will lose out.
The Alert key that I created for bitcoin allowed individual addresses to be frozen. That wasn't adequate but was a start. What needs to occur is individual unity exposed need to be frozen and not addresses. I should have seen the silly way people were using addresses already in 2010 but I didn't. Basically, bitcoin provides a methodology that will allow very quick freezing order application to be applied. When bitcoin is used in small quantities, and we're talking here around tens, of hundreds or thousands of dollars maximum, or micro payments there is no problem. When used as cash, bitcoin works as money perfectly.
The difficulties that people see come with this idea that bitcoin is a store of value and settlement system for rich people to move money without tax. The could not be further from the truth.
If you don't like tax, move to a country that doesn't have any.
If an exchange as a money handler accepts bitcoin as money, mostly they do this as a barter arrangement right now, then it will be liable for any of the losses. If your stolen money is deposited into Kraken then Kraken is completely liable for all of the losses associated with it. As a fungible good, this will be covered under mixing rules.
And yes, KYC applies at the time you received money or goods. So if you receive bitcoin now at $240 a bitcoin and you do in exchange for 10 bitcoin not requiring full KYC and a year later your BSV is valued at US$3000, even though the current value in a years time is US$30,000 and above the limit the test was at the time of the exchange for value.
And, there are limitations with recovery in any event. Some amounts on property will not end, but other actions have to be formed earlier on. It is also a reason to register property. Hiding your property from tax officials means that you can be in a position where you are out law and unable to take action.
CSW
Feb 27, 2020
https://metanet-icu.slack.com/archives/C5131HKFX/p1582799708005100?thread_ts=1582725831.383400&cid=C5131HKFX
https://t.me/CSW_Slack/2326
Telegram
CSW - Slack Channel
CSW
Feb 27, 2020
https://metanet-icu.slack.com/archives/C5131HKFX/p1582799708005100?thread_ts=1582725831.383400&cid=C5131HKFX
https://t.me/CSW_Slack/2326
Feb 27, 2020
https://metanet-icu.slack.com/archives/C5131HKFX/p1582799708005100?thread_ts=1582725831.383400&cid=C5131HKFX
https://t.me/CSW_Slack/2326
Miners are agents of the network.
They earn tokens both from the network (me) as a diminishing subsidy, and as fees from users. They accept payment (consideration) in exchange for the service the provide in registering the envelopes on their ledger. They are a notary.
The ledger is distributed to allow any node or user to read a copy and check the registration journal. Each node competes to gain the rights to earn the fees in notarizing the set of ledger entries in a block. Other nodes ensure that the nodes remain honest and will orphan bad or erroneous ledger submissions.
The greater the investment, the more right to write the entry in the ledger and to be paid by the network.
Nodes contract BOTH with the network (me) and individuals who want their transactions registered (the fees are the consideration for the verification and registration service).
Nodes use PoW to show skin in the game, they demonstrate that they have something to lose if they are dishonest.
The is, something that the court can seize if the node cheats or is dishonest.
Proof of Work means that a node is always large enough, has a big investment and hence a presence that is easily found.
It stops everyone being able to run a node. Only corporate groups can afford to run a node.
This means, they (a node) cannot escape law and regulations. A node that is dishonest can be sued, they can have assets seized. The security is economic through law.
So.
Nodes contract BOTH with the network (me) and the users of the system.
If a node Knowingly helps move a coin that is associated with money laundering, theft or other crimes, they are complicit. Nodes what do not blacklist certain tokens are themselves criminal groups.
CSW
Mar 5, 2020
https://metanet-icu.slack.com/archives/C5131HKFX/p1583420301179600
https://t.me/CSW_Slack/2329
They earn tokens both from the network (me) as a diminishing subsidy, and as fees from users. They accept payment (consideration) in exchange for the service the provide in registering the envelopes on their ledger. They are a notary.
The ledger is distributed to allow any node or user to read a copy and check the registration journal. Each node competes to gain the rights to earn the fees in notarizing the set of ledger entries in a block. Other nodes ensure that the nodes remain honest and will orphan bad or erroneous ledger submissions.
The greater the investment, the more right to write the entry in the ledger and to be paid by the network.
Nodes contract BOTH with the network (me) and individuals who want their transactions registered (the fees are the consideration for the verification and registration service).
Nodes use PoW to show skin in the game, they demonstrate that they have something to lose if they are dishonest.
The is, something that the court can seize if the node cheats or is dishonest.
Proof of Work means that a node is always large enough, has a big investment and hence a presence that is easily found.
It stops everyone being able to run a node. Only corporate groups can afford to run a node.
This means, they (a node) cannot escape law and regulations. A node that is dishonest can be sued, they can have assets seized. The security is economic through law.
So.
Nodes contract BOTH with the network (me) and the users of the system.
If a node Knowingly helps move a coin that is associated with money laundering, theft or other crimes, they are complicit. Nodes what do not blacklist certain tokens are themselves criminal groups.
CSW
Mar 5, 2020
https://metanet-icu.slack.com/archives/C5131HKFX/p1583420301179600
https://t.me/CSW_Slack/2329
Telegram
CSW - Slack Channel
CSW
Mar 5, 2020
https://metanet-icu.slack.com/archives/C5131HKFX/p1583420301179600
https://t.me/CSW_Slack/2329
Mar 5, 2020
https://metanet-icu.slack.com/archives/C5131HKFX/p1583420301179600
https://t.me/CSW_Slack/2329
My 2008 dissertation in law starting to make sense now?
Read it carefully. See IP2IP as the source of what bitcoin is really about. Read the payment intermediary section on sending cash without trust carefully.
Read page 28.
Proof of Work means nodes are *not* judgement proof. They can be located and they have assets that can be sequestered and seized.
Miners (nodes) are the solution to crime. A decentralized system that allows regulators to target the largest parties.
And, law ALWAYS catches up eventually.
Hash rate does not secure anything. More hash is not more secure. Once you are large enough, hash is not important unless you are a node as it determines your earnings.
PoW allows nodes to be found, to ensure that no small nodes exist. PoW is about killing Raspberry pi and UASF.
PoW is a signal. Hashes have never bern a security tool. They are at most, a component of a security protocol.
Miners do not solve hashes.
Miners validate and order transactions
CSW
mar 5, 2020
https://metanet-icu.slack.com/archives/C5131HKFX/p1583425981182900?thread_ts=1583425981.182900&cid=C5131HKFX
https://t.me/CSW_Slack/2331
Read it carefully. See IP2IP as the source of what bitcoin is really about. Read the payment intermediary section on sending cash without trust carefully.
Read page 28.
Proof of Work means nodes are *not* judgement proof. They can be located and they have assets that can be sequestered and seized.
Miners (nodes) are the solution to crime. A decentralized system that allows regulators to target the largest parties.
And, law ALWAYS catches up eventually.
Hash rate does not secure anything. More hash is not more secure. Once you are large enough, hash is not important unless you are a node as it determines your earnings.
PoW allows nodes to be found, to ensure that no small nodes exist. PoW is about killing Raspberry pi and UASF.
PoW is a signal. Hashes have never bern a security tool. They are at most, a component of a security protocol.
Miners do not solve hashes.
Miners validate and order transactions
CSW
mar 5, 2020
https://metanet-icu.slack.com/archives/C5131HKFX/p1583425981182900?thread_ts=1583425981.182900&cid=C5131HKFX
https://t.me/CSW_Slack/2331
Telegram
CSW - Slack Channel
CSW
mar 5, 2020
https://metanet-icu.slack.com/archives/C5131HKFX/p1583425981182900?thread_ts=1583425981.182900&cid=C5131HKFX
https://t.me/CSW_Slack/2331
mar 5, 2020
https://metanet-icu.slack.com/archives/C5131HKFX/p1583425981182900?thread_ts=1583425981.182900&cid=C5131HKFX
https://t.me/CSW_Slack/2331