Published on: 2016-12-14T08:00:51+00:00
In a Bitcoin developer mailing list discussion, Ben West raised a question about whether there exists a specific number or ID that can uniquely determine the value of Bitcoin. Additionally, he inquired if there is any hash, address, or key that could be used to identify and claim ownership of a specific amount of Bitcoin, such as 50BTC or 20BTC.Responding to Ben's query, Henning Kopp suggested that the private key of a user might hold the answer to his question. By obtaining this private key, one could spend their Bitcoin funds and provide proof of ownership. To further expand on the topic, Henning recommended a blog post that offers insights into how the Bitcoin protocol functions. He emphasized that the usefulness of the blog post would depend on Ben's level of understanding regarding the subject matter.Henning concluded his response by sharing his contact information from Ulm University in Germany, where he works at the Institute of Distributed Systems.In a separate forum post, another user sought clarification on whether there is a unique identifier for Bitcoin value (BTC) or a method to identify specific amounts of BTC using a hash, address, or key. Essentially, the user was interested in knowing if it is possible to establish ownership of a particular quantity of BTC.
Updated on: 2023-08-01T19:20:33.768324+00:00