"To you know, that's why CIP1694 exists. That's why Intersect exists. That's why I keep pushing for memb space to organizations and decentralization. It's really easy to attack one guy; it's a lot harder to attack a movement. So, that's what we're doing as an ecosystem. That's what Satoshi did, he had the foresight to leave before that happened. It's what Vitalik is enduring right now with his...
...a huge barrier to the growth and Adoption of Bitcoin we solved that problem in a way that had Satoshi known about it would have put into Bitcoin no if or buts just didn't know how to solve that problem. The hard Fork combinator look how many upgrades have been done we led the entire industry on how to upgrade a cryptocurrency these are facts there's data points you can see them and that's...
...benefits that Satoshi saw back in 2009 and why he chose that system over an account-based system, which is a simpler system. Those benefits include the ability to seamlessly move on-chain and off-chain through isomorphic State channels. They include predictable pricing, easier rollups, and the ability to batch large amounts of activity together. That's all you've got.
It's a complete solution. There's no downside at all to adopting it. You don't have to change bitcoins proof of work. You don't have to ruin Satoshi's vision, but the maximalists are so radical that they can't even understand that zero trade off things are awesome for your ecosystem. So Pushki is a brilliant engineer and he's capable of reading scientific papers and translating them. He's a great research transfer.
That's the great, inconvenient truth of cryptocurrencies is they call truth the power. They're faceless, whether I'm here or not, whether Satoshi's here or not, Vitalik’s here or not Gavin’s here or not, doesn't really matter.
Because they can build up a reputation in a network that does not require a connection to real-life identity, and people like Satoshi, for example. Nobody knows who the hell Satoshi is, but you know, the vast majority of Bitcoiners, if Satoshi could prove his identity, would welcome him back and put him into a leadership position in the protocol, at least as a spiritual leader.
Whoever first accesses that is going to win; that's the history of humanity. The thing, though, is that this second brain is still constrained to classical computing. So no matter how brilliant your AI gets or how much exponential knowledge your AI acquires, you can't query an AI and say, "break Satoshi's keys." What the AI would be able to do is tell you how it would be done, in an abstract sense.
...notice something: these are interconnected technologies because the minute you have quantum computing, then you have quantum AI. So, the AI now has access to that, and then you could query something like 'break Satoshi's keys,' and you wouldn't have to know how to do that, the AI could figure that out. Because it has access to the best available algorithms, it would be able to write the code.
...download it, use it like you do a cellphone app, and then wake up one day and your client happens to be more useful than it was before, but you didn't have to wait for that. It just organically kind of happened. Okay, let's see what we've got here. What will happen to Cardano coins that get lost by lost keys and the like? Well, you know, Satoshi Nakamoto had an opinion on that. He said that that's like a little...
I don't know what kind of a human being thinks this way or approaches life this way, or builds legitimacy by lying and saying is Satoshi, but there's certainly some people who follow them and the fact that they welcomed him into the Bitcoin Cash ecosystem with open arms, you know, say hey, we have Satoshi, look how smart we are and we have the best people.
Steal people's money or you haven't biased it in some way where you can skim off the top. OK, so that's just a standard and it's a standard we've had since the very beginning. Satoshi didn't release some closed binaries of Bitcoin and say, trust me. The code was right out there, and people could see it read it. And that's how cryptography is done, and that's how good wallets are done so, it's incredibly important for Yoroi to be open source for people see the source code...
Remember, not too long ago, about 10 years ago, it was very easy to shut down the Bitcoin network, you just simply could shut down Satoshi's single mining node and the network would die, so networks that people use in in our environment tend to become more resilient over time.
In the original version of our protocol, Ouroboros, we follow a protocol called "follow the Satoshi." We've made some slight adjustments to that for subsequent versions. The principle remains that if you own 25% of the supply, you should be elected 25% of the time or delegate that authority to someone else to create the next block.
That's one of the reasons why Satoshi limited Bitcoin script.
So Satoshi very wisely said a longer block interval 10 minutes because it really lowers the chance of orphan blocks.
That was the greatest lesson I think Satoshi gave us.
Second, did he even bother to take a look at the other things that we've done, like, for example, does he know how to build a UTXO wallet? Well, he forked Bitcoin. Satoshi came up with that. Did he? Well, we didn't know how to build one. So we figured it out. And we wrote a formal specification for those things.