It is not known if Satoshi Nakamoto created Bitcoin (BTC) alone, if they received help from others, or was just a pseudonym for a group of developers. However, after Bitcoin was launched on January 9, 2009, Nakamoto worked to improve the program, receiving feedback and opinions from several contributors.
Among them is Dustin D. Trammell, one of the first cypher punks to download the official version of bitcoin and mine cryptocurrencies. Trammell is a computer security researcher and virtual security specialist. Aside from talking to Satoshi and suggesting improvements in bitcoin, he also received some bitcoin from the same creator.
Cointelegraph Brazil spoke with Trammell about the early days of Bitcoin after the virtual currency set a new valuation record above $ 61,000. Here’s what an early adopter thinks about the future of cryptocurrency.
Cointelegraph: What was the atmosphere like before Bitcoin, and how did you hear about BTC?
Dustin Trammel: I’m not quite sure … I literally became acquainted with cryptocurrencies when Satoshi sent a white paper about bitcoin to his mailing list. Before that, I worked mostly with metal-backed physical altcoins like Liberty Dollar.
I mainly followed the cryptography mailing list as an informal interest in crypto from my information security career, and I was mainly focused on things like new algorithms, attacks on algorithms and their vulnerabilities.
“I did not speak to Satoshi until the Bitcoin paper was released. The first version I could see and run was the first public release of the mailing list a few months later. Yes, I used the first public release and everything afterwards. ”
I immediately started posting bug reports and asking questions, which resulted in emails that I posted on my blog. I remember I was at SourceForge because I wanted to keep up with developments, but I do not think I have posted it before. I subscribed to Bitcoin-Development and Bitcoin-List, although judging by the ezine, I did not subscribe until 2013/2014. I do not remember that I was on the original IRC channel or forum. I joined BitcoinTalk after its creation.
CT: How was mining back then? Was this “research” or did you really think that Bitcoin could become the currency it is today?
DT: Mining was very easy, although for the first few days I did not realize that you had to go into settings and start breaking on purpose. As soon as I did that, I was already in the race … so in the beginning it was a few days when I started the program, but still not mining. At that time, you could easily break with regular processors, and you could make a block of 50 anywhere, from a few times a day to one with a few days, depending on the processing power.
“Given my interest in alternative currencies and information security, I was absolutely interested in this project and thought it was promising, but at that time I did not think about it in the future and what it could be today. If I were like that, I would save a lot more bitcoins than I do. ”
I used to run other “power backup” programs like SETI @ home on my computers, so I thought I could get more computers for my bitcoin and share the network with extra computing power.
At that time, I basically sent bitcoins myself, and combined coins in a wallet from different computers I operated on. I do not remember sending anything to anyone else a few years later when it finally cost over $ 0. Satoshi only sent me coins once using my IP address.
Coins were always sent to the bitcoin address on the blockchain, but to send via IP, the client connects to that IP and then asks them for a bitcoin address to be sent to it, and then sends it to that address in the chain. Satoshi customer contacted my business directly using this method and my customer gave him the next available address from the address pool.
At one point, I actually stopped mining and forgot bitcoins for a year or two, and luckily I did not know what happened to the project. During this time, costs have grown from $ 0 to around $ 9. She began to wonder again when news came about the use of bitcoins on the Silk Road. This was probably when I joined other mailing lists.
CT: Do you think Satoshi really created e-money before Bitcoin?
DT: I’m not sure, but maybe not. They seem to have combined many different technologies and concepts to make Bitcoin. I’m not sure if you could have this kind of clarity and lack of bias if you worked specifically with cryptocurrencies before. I think you may have needed an outside perspective.