Satoshi ↔ Mike Hearn — Initial Questions
Mike Hearn reports testing Bitcoin on Mac via Wine, asks about block counts, confirmation times for micropayments, proof-of-work coordination, and difficulty adjustment.
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Mike Hearn reports testing Bitcoin on Mac via Wine, asks about block counts, confirmation times for micropayments, proof-of-work coordination, and difficulty adjustment.
Satoshi CC's his Trammell exchange to bitcoin-list and the Cryptography list, sharing his Bitcoin vision including the famous line 'It might make sense just to get some in case it catches on.'
Trammell confirms his IP is static, agrees to CC publicly, says he'll join bitcoin-list, reveals he started mining as an investment after Hal Finney's message, and discusses micropayment uptake.
Satoshi discusses dynamic IPs, asks permission to CC the conversation to bitcoin-list and the Cryptography mailing list, and envisions Bitcoin use cases including pay-to-send email and micropayments.
Replying to Satoshi on bandwidth, James A. Donald argues a new currency must serve markets Visa ignores, and proposes 'binks' — bitcoin banks settling in bitcoin beneath a layer of account money.