CSW - Slack Channel
1.09K subscribers
4.21K photos
35 videos
198 files
4.7K links
Download Telegram
Since 2007. At some point I became convinced there was a way to do this without any trust required at all and couldn't resist to keep thinking about it. Much more of the work was designing than coding.

Users can link identity.

See Section 10 of my Whitepaper.

At no point is identity removed from bitcoin. Rather, in the new privacy model of bitcoin identities are exchanged where needed between individual parties. Today, there are laws for cash and the transaction of money using cash. Because you're using cash does not mean that you can avoid recording identity.

Know your customer requirements, customer due diligence and anti-money laundering laws all cover cash.

https://www.gov.uk/guidance/money-laundering-regulations-high-value-dealer-registration

Whether it is a single transaction or multiples, where the value is €10,000 or more, the person transacting would require registration as a high-value dealer.

This even applies if you make instalments or payments on account. Bitcoin is a cash money system. Consequently, all of the money laundering regulations concerning cash will apply.

If you're receiving small amounts of money, not only micro-payments but even if you're running a coffee shop or restaurant, there will be no requirement to register as a high-value dealer. A real estate broker offering commercial leases could easily exceed this amount and thus have to require registration.

The majority of exchanges made using bitcoin will not require registration. Any exchange or custodial service will require registration. Local bitcoin and related organisations will require registration. When people go wrong is to think that normal everyday coffee shops and related organisations will require registration.

The need for trust is mitigated using registered identity based keys and hierarchies of linked keys.

CSW
Mar 26, 2020
https://metanet-icu.slack.com/archives/C5131HKFX/p1585249153076800?thread_ts=1585249153.076800&cid=C5131HKFX

https://t.me/CSW_Slack/2355
Hash does not secure the network.

This crazy BTC bull shit that hash rate is the security mechanism is wrong. The proof of work hash rate calculation is an economic signal. It is a game theoretic process that allows miners to be recognised and for law to take action. It is how we keep miners honest.

CSW
Apr 9, 2020
https://metanet-icu.slack.com/archives/C5131HKFX/p1586452690189500?thread_ts=1586448127.185400&cid=C5131HKFX
Something people haven't thought about. If bitcoin is not used as cash, it won't be an inflation hedge. This concept of store of value and protecting against inflation is absolutely asinine when the asset has no use.

People have been selling shares to get cash. If you cannot spend bitcoin as money, then people will start to sell it. The same goes for any crypto. If we had bitcoin as a medium of exchange, right now the market would be flocking towards bitcoin. Cash is at a premium right now. If bitcoin was used as a cash based money system today, and not subverted and hardly used as it is, it would have a global rush to bitcoin. Instead we see a global rush to US dollars and euros.

Worse, when the average person finally gets shitted off with the government control tactics and fear mongering and we just start working and CV19 can go to hell, then money will flow out of Bitcoin even faster.

CSW
May 14, 2020
https://metanet-icu.slack.com/archives/C5131HKFX/p1589452266223600?thread_ts=1589452266.223600&cid=C5131HKFX

https://t.me/CSW_Slack/2361
1/2
What you going to soon find out is that most of what the other side have if not all is a combination of hearsay and character attacks. It is been difficult not responding on much of this for a period of over two years. But for instance, they talk about made up companies in the trust and said that they didn't exist because this is all they have.

This is the part that nobody wants you to look at.
Craig Wright R&D was the original name of the trust. Even though the trust was overseas, I registered these in Australia. As trustee I acted for it is an overseas entity. When they say how this didn't exist, or that the trust didn't exist, that is one little problem. The problem is that I registered it for an Australian business number.

Craig Wright R&D and the other entities as businesses representing the trusts have been registered since 29 February 2000. It was reformed under the trust business name for myself, remembering that a business called Craig Wright is not Craig Wright the person, on 10 February 2007. This is when I started creating bitcoin.

At that point I changed from DeMorgan to using myself as the trustee name. There are multiple other overseas trusts that were registered in Australia.

These all have records. These are not as difficult to check as people think either.

In January 2009 I formed a company called information defence in Australia.
In May 2009 I formed a company called integyrs in Australia.
In June 2009 with other people I formed a company called Greyfog in Australia. Others such as Cloudcroft all followed before Panopticrypt was formed in 2011.

All of these entities were held in trust. That is my shares were held in trust.

What people don't seem to understand is that the legal owner of an asset is the trustee and the trust maintains equitable ownership.

Tulip is simply the renamed version of the trust called Craig Wright R&D and DeMorgan at various times in history.

The overseas companies owned the Australian companies.

The Australian companies did the creation of intellectual property and any activity such as bitcoin mining. Many of the activities that I did I published widely and hence the intellectual property in those has been given freely to the world.

More importantly, every single bitcoin was created on the launch of bitcoin in January 2009. At that point I was controlling a company in Australia that owned all of the just under 21 million bitcoin denominated tokens that would ever exist.

Bitcoin was created using what is known in legal circles as a unilateral contract, this is a concept that even a junior law student would understand. See carbolic Smoke Ball.

In 2009, there was no millions in bitcoin as some people seem to think. There was around $2 million worth of running computers that was cost coupled with further sunk costs. The value of the bitcoin was nothing. It was not the value of computer hardware, it was only the value that people would be willing to pay for it and that was zero right up until 2010.

The interesting thing that people don't understand in an analysis of partnership, if there was one with Dave, he would owe me money. There isn't of course but the reality is partners have to share cost and profit.

The distribution was created on the launch of bitcoin. It's not the distributor, that is a process. The contract is the issue, I am simply put the issuer.

The distinction here is that bitcoin is issued initially without value and hence in the manner it was issued there isn't all the problems people speculate about. By creating bitcoin and launching it the way I did, all of the increase in value was created after the launch. More importantly, it took a lot of money, time and machines to be able to enable all of this.

CSW
May 26, 2020
https://metanet-icu.slack.com/archives/C5131HKFX/p1590505437082800?thread_ts=1590505437.082800&cid=C5131HKFX
1/2

https://t.me/CSW_Slack/2365
OP_PushData <Data>
IF
       Value = <data>
OR
       Value = Hash(Hash<data>)

SPV can be extended to allow the option of supplying either the data or the hash of the data. Transactions can be constructed that differ because some parts of the branch have been pruned but not others allowing for a SPV node that hold the complete data while the miners hold only the hash.

I have to assume that people are not getting this yet

SPV can have a subset of the entire Blockchain linked using the block headers

By this, a complete set of data in an archive can be verified as well as made to be accessed quickly

The SPV node holding the data can charge for access.

The rate of access is something that people will pay for. if you want a quick computation, you pay more money.

Nodes that are holding selected components out of the entire Blockchain can still validate everything in the Blockchain that they hold without any of the other transactions that they don't care about or that they are not being paid to hold

You need to understand that when I say an overlay network can be created doesn't necessarily mean that it is separate from the Blockchain but rather that it has only a component of the entire set.

That is a subset of the entire set of blocks can be issued and served separately

I have to stop assuming people understand what I think is simple.

The section on SPV and Pruning are not mutually exclusive

Yes.
It is connected to miners, has a limited set of data

This is all, on chain.

The option is to have slow but forever. Fast but limited

You can choose what you serve up.

SPV does not need just to be your data, others can also save parts of the Blockchain

The process is Ble to be managed in any combination you can imagine

CSW
May 18, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1621358072009500?thread_ts=1621358072.009500&cid=C5131HKFX

https://t.me/CSW_Slack/2367
230 of which countries articular which law?

Protection For 'Good Samaritan' Blocking and Screening of Offensive Material

I am presuming at the moment you're talking about the Communications act 1934 telecommunications act amended 1996

USC forty-seven S 230?

if so, it is not abusing the rule of law it is the rule of law

Do I agree with the law, no but that's a different issue

now it is a stupid rather asinine law that protects the wrong people and provides negative outcomes but, it is a law and it is being applied

people should stand up against it was is rather stupid and an asinine law but that's a different matter and I am not American

It was a poorly drafted law

CSW
May 18, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1621361792014900?thread_ts=1621361792.014900&cid=C5131HKFX

https://t.me/CSW_Slack/2370