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Satoshi Nakamoto - Bitcoin Open Source Implementation of P2P Currency

from On Transmutation by Lisa Holmqvist, Martin Herterich, Erik Enocksson, Maria W Horn

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MAL 014; Through “Interlocked Cycles for Sine Waves”, Maria W Horn (XKatedral, STHLM Drone Society) initiates a dialogue with the modern mythical figure of Satoshi Nakamoto. In “Bitcoin open source implementation of P2P currency”, published in the wake of the financial crisis of 2008, Nakamoto urges us to replace the trust-based model in corporate and state finance with cryptographic chains of transactions through a decentralised virtual currency. Analogous to an accelerating freeze frame of the innumerable algorithmic trades taking place every second on the global stock exchange; the glacial mounting of both tempo and tension in Horn’s composition slowly reveal the complex tapestry which its seemingly simple and repetitive patterns weave.

"Bitcoin Open Source Implementation of P2P Currency" (2009) by Satoshi Nakamoto. Sound collage by Hans Richter and reading by Karen.

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from On Transmutation, released December 13, 2019

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