How Did Dread Pirate Roberts Acquire and Protect His Bitcoin Wealth?

  title={How Did Dread Pirate Roberts Acquire and Protect His Bitcoin Wealth?},
  author={Dorit Ron and Adi Shamir},
  journal={IACR Cryptology ePrint Archive},
The Bitcoin scheme is one of the most popular and talked about alternative payment schemes. It was conceived in 2008 by the mysterious Satoshi Nakamoto, whose real identity remains unknown even though his bitcoin holdings are believed to be worth several hundred million dollars. One of the most active parts of the Bitcoin ecosystem was the Silk Road marketplace, in which highly illegal substances and services were traded. It was run by another mysterious person who called himself Dread Pirate… CONTINUE READING
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