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Who is Satoshi Nakamoto? A Look at the Candidates

Bitcoin was conceived as a communal project. Designed as an open-source software and released to the public in 2009, Bitcoin was conceived with openness in mind. Functioning on an open ledger that is accessible to the public, Bitcoin is an open-source project. But for all its openness, one grand mystery remains unsolved:

Who Created Bitcoin and Who exactly is Satoshi Nakamoto?

First, lets detail what is known for certain. The first step was taken in 2007, when Nakamoto wrote the Bitcoin code1. In November 2008, Satoshi Nakamoto published his now famous White Paper, which laid the groundwork for the Bitcoin protocol2.

On January 3rd, 2009, the first ever Bitcoin block was mined, marking the creation of the cryptocurrency, it bore the message :

The Times 03/Jan/2009 Chancellor on brink of second bailout for banks

Satoshi was heavily involved with the Bitcoin community, and collaborated with them in order to modify the underlying bitcoin protocol. After two years of involvement, Nakamoto handed the reins to Gavin Andresen, and seized involvement with the Bitcoin project in December of 2010. Then, in the Spring of 2011, Nakamoto returned to leave a final message, stating in a post that he had moved on to other things, and that Bitcoin was in good hands with Gavin [Andresen] and everyone. That was the last the world heard of the secretive Bitcoin creator.

The mystery behind Nakamotos identity has only grown, as the Bitcoin community eagerly speculates who it could potentially be. Satoshi Nakamoto claims to be Japanese, born on April 5, 19753. It is unknown whether Nakamoto is male or female, or whether Nakamoto is even a single person or a group of individuals.

While Nakamotos identity remains unknown, This has not stopped enthusiasts from investigating his background and drawing up conclusions. Nakamotos use of perfect English in his posts and his publication of the White Paper has raised skepticism as to his Japanese origin. Furthermore, his occasional use of British English in the code and comments has fueled speculation that he is a native English speaker of commonwealth origin4. Additionally, Stefan Thomas, a Swiss coder and active member in the Bitcoin community, graphed the time stamps of Nakamotos more than 500 posts, showing his or her complete absence of posts between midnight am and 6 am Greenwich Time, further informing investigators as to his potential whereabouts5.

To date, there are several potential individuals suspected of being the mysterious Bitcoin creator. One of the first suggestions was Nick Szabo, a decentralized currency enthusiast who published a paper on bit gold considered to be a precursor to the first cryptocurrency. Running a reverse textual analysis, internet researcher Skye Grey found dozens of unique phrases that linked Szabos writing style to that of the original White Paper6. This evidence is only circumstantial, however, and Szabo has repeatedly denied that he is the creator of Bitcoin.

Nick Szabo, Image from The-Blockchain

Another possibility is a Japanese American man living in California, named Dorian Prentice Satoshi Nakamoto, birth name Satoshi Nakamoto. First brought up in a March 2014 Newsweek article, Leah McGrath Goodman pointed to Nakamotos training as a physicist at Cal Poly University in Pomona and libertarian background as potential indicators of his identity. Her biggest piece of evidence was his response to a question regarding Bitcoin: I am no longer involved in that and I cannot discuss it. Its been turned over to other people. They are in charge of it now. I no longer have any connection.7 This led to a wild media frenzy, which even included a car chase. However, in a later interview, he recanted his previous position, stating that he had misunderstood the reporters question, thinking it was related to his previous classified work as a military contractor8.

Dorian Prentice Satoshi Nakamoto, Image from The Verge.

Hal Finney is another potential candidate to be the mysterious Satoshi Nakamoto. Finney was a pre-bitcoin cryptographic pioneer and was only the second person after Nakamoto himself to make use of the software, file bug reports, and suggest improvements.

Furthermore, he was the first to ever receive Bitcoin, stating in an interview that [he] was the recipient of the first bitcoin transaction, when Satoshi sent ten coins to [him] as a test.9

Forbes journalist Andy Greenberg speculated after requesting aid from writing analysis consultancy Juola & Associates that Greenberg may have been the ghostwriter for Satoshi Nakamoto. Further adding to the speculation that Finney was involved with the creation of Bitcoin was his correspondence with the aforementioned Nick Szabo, and the fact that he lived only blocks apart from Dorian Prentice Satoshi Nakamoto10. At the time of his death on August 28, 2014, only circumstantial evidence pointed to Hal Finney being the original Satoshi Nakamoto.

Hal Finney, Image from Wired.

Yet another possible contender to be Satoshi Nakamoto is the Australian academic, computer engineering expert, and entrepreneur, Craig Wright. In early November of 2015, Gizmodo received an anonymous email from an individual stating that not only did he know that Craig Wright was the creator of Bitcoin, but that he had also worked for him11. On December 9, hours after Wired certified that Wright was indeed Nakamoto, the Australian Federal Police raided his home, and afterwards stating the [the] matter is unrelated to recent media reporting regarding the digital currency Bitcoin. Afterwards, Wright deleted his internet presence until May of 2016, when he stepped forward and revealed himself on Twitter as the creator of the digital currency Bitcoin12, and claimed he had the proof to back up his statement. Then, amid a torrent of skepticism, Wright retracted his statement and did not offer the extraordinary proof he claimed to have, stating that he did not have the courage to prove his identity13.

Craig Wright, Image from CCN.

In an era where information is widespread, Satoshi Nakamoto has managed to maintain his identity a complete secret. So why is uncovering Nakamotos identity so important? If Nakamoto is indeed a single individual, then he or she owns approximately 5% of the worlds Bitcoin supply, placing him or her as the 52nd richest person in the world as of December 12th14.

The implications of this wealth are considerable, beyond even the real world implications. If Satoshi Nakamoto were ever to sell the rumored 980,000 Bitcoins in his or her possession ( currently worth over $16 billion at todays price, as of 5th Jan 2018 ), the price of Bitcoin could potentially become more volatile than it already is.

Furthermore, there is significant debate as to the future of Bitcoin. Heated discussions have arisen due to some of the growing pains surrounding Bitcoin, particularly the issue of how to deal with an increase in transaction volume in the Bitcoin network. As the number of blocks increases, the Bitcoin network runs the risk of becoming overloaded. One side of the debate wants to fundamentally change the Bitcoin node by increasing the block size, in order to allow the system to process transactions more quickly. The other side of the debate sees this as a betrayal of the original concept behind Bitcoin, arguing that this would lead to increased centralization15. Identifying Bitcoins true creator would create more certainty and could potentially lay down the following steps in Bitcoins ever growing development.

Ultimately, identifying Bitcoins creator may be a quixotic endeavor. His or her complete silence since the Spring of 2011 means it is likely we will never hear from them again. Nevertheless, Bitcoin, the open source digital currency created nearly a decade ago, will continue to in spite of this mystery. The Bitcoin community will be forced to coexist with the enigma that is Satoshi Nakamoto, for the better or for the worst.

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Who is Satoshi Nakamoto? A Look at the Candidates

Satoshi Nakamoto: Who is Bitcoin’s Mysterious Creator …

More Than Just a Name: Who or What Is Satoshi Nakamoto? The Facts That We Have

There are mysteries that we all have to deal with from personal to international. One of the mysteries that still hounds the cryptocurrency world is the one that surrounds one particular name: Satoshi Nakamoto, the illustrious and yet unknown figure that stood behind the creation and introduction of Bitcoin.

While the true face of Nakamoto, among other things, remain a mystery, we will be using these articles as a way to piece together all that we do know about them. From everything they had previously written, to who the media believed was the true’ Nakamoto and whether there are still people out there who once previously bore the mantel.

We may never fully know who Satoshi Nakamoto is, but with this series, we hope to, at the very least, shrink down the number of people who could resemble the illustrious figure.

Whatever could be construed as a public record of Satoshi Nakamoto can be easily condensed into a span of fewer than two years. While a brief legacy’ the amount of buzz surrounding these records have kept forums, social media pages and financial experts ensconced in the possible answer to the question.

Not only would it be one of the internets biggest mysteries being solved, but whoever rightfully claimed to be Nakamoto would gain immediate legendary status for their involvement in the development of blockchain, the technology which is (and continues to) revolutionize the world as we know it.

Not only is there a legend to claim, but a fortune as well; one that is believed to total nearly 1 million Bitcoin. This means, by today’s valuation of Bitcoin, would mean an inheritance’ of over 8 Billion dollars, not accounting for future fluctuation, however.

One of the most comprehensive profiles we have for Nakamoto comes from their P2P foundation page, Satoshi Nakamoto is (or was) a 43-year-old male originating from Japan. This suggests that he is most active during the Japanese time cycle, but upon studying their posting behavior, it implies that they follow the GMT cycle due a habit of disappearing from 5am-11am yet being active during the earlier to late afternoon.

While that isn’t evidence enough to suggest that while Nakamoto wasn’t in Japan, but could mean that they had a highly unusual sleep pattern.

Satoshi, from their philosophy, was a firm advocate for economic or social Libertarianism specific to the world of technology. This viewpoint can be construed as Crypto-Anarchism’, decentralizing the world of commerce, handing the power in the world of personal finance back to the individual consumer.

In the announcement and release of the Genesis block, otherwise known as Block 1′ or 0, included a hidden message within its Coinbase parameter giving the headline for the news from the 3rd January 2009:

the Times 03/Jan/2009 Chancellor on brink of the second bailout for banks

While the use of the newspaper headline may simply function as a time-stamp for the interest of posterity with the release of the first Bitcoin block. Many crypto-enthusiasts and anarchists alike have, however, interpreted the headline as a stab against centralized financial institutions for their part in the unfurling global financial crisis and subsequent recession.

One of the other stabs that this message demonstrates, according to Nakamoto supporters, is in creating an inbuilt scarcity for Bitcoin, while governments and financial institutions are able to print a seemingly infinite volume of money at their own discretion, creating devaluation with users being powerless to do anything about it.

While Nakamoto has been personally responsible for mining and possessing nearly a million Bitcoin, he’ only ever completed one transaction simply to demonstrate that a cryptocurrency could, and does, work.

Apart from that, Nakamoto never moved his Bitcoin from his initial mining address, but there are a number of reasons for why he would have instigated this action.

How is it we can theorize that these are the plausible scenarios as to Nakamoto’s activities? Because a number of the texts of which he drafted and wrote give these very distinct impressions:

At this point in time, Satoshi announced through a Cryptography mailing list that Bitcoin: A Peer-to-Peer Electronic Cash System, his officially white paper detailing the idea and function of Bitcoin, was formally published on Bitcoin.com.

Satoshi makes his first public post on the website P2P Foundation: The Foundation for Peer to Peer Alternatives’. This post consisted of a link to his recently published White Paper, including some additional insight into the paper and his reasoning for developing it.

Across this span of time when he’s active on the site, he created three posts, with the last taking place on February 14th, 2009. The same account was used in March 2014, with the post including the statement that the user is not Dorian Nakamoto after being falsely outed as Satoshi Nakamoto days earlier.

This consisted of the official, inaugural post on the website Bitcointalk.org.’ This would include a series of over 575 posts across 13 months, other contributors apart from Nakamoto consist ofMike Hearn and Jeff Garzik.

These contributors were effective in laying down the groundwork for what Bitcoin was to become. By December 12th, 2010, Nakamoto has effectively stopped operating on the site, for what reasons remains unknown.

This post is the last time that Nakamoto officially addressed the public within the forum, linking to the latest version of the Bitcoin, wallet client. Nine years on and the forum is one of the largest, most reputable forums of cryptocurrency discussion, with over 2 million users and hundreds of millions of post views.

One of the last posts from Nakamoto included the desire that Wikileaks which, at the time, had been vehemently opposed by the US governments, including banks which refused to work with them regarding providing funding.

Nakamoto stated that Bitcoin shouldn’t be used as a means of supporting the site, citing its infancy’ and fragility as some of the reasons why it is not best-suited for supporting Wikileaks.

Despite his urging against providing this support, it went on to be used, resulting in Wikileaks removing the page and description for Bitcoin. The reason for this post was to prevent Bitcoin from snuffed out by drawing too much negative press, especially in being linked to an institution which had just recently made some incredibly powerful enemies.

So who could this person be? We can get an understanding of Nakamoto’s personality from one of his email addresses when messages to and from the account were made.

His account, [emailprotected] was reportedly hacked in 2014, with one of the email exchanges being between Nakamoto and the financial expert, Wei Dai, regarding obtaining proper accreditation for the ideas of his that were used in the development of Bitcoin.

The second was to Laszlo Hanyecz, the cryptocurrency developer that is famously known for the 10,000 Bitcoin for 2 Pizzas’ challenge, which has gained a historical emphasis for being the first monetary transaction using Bitcoin.

When approached on what the exchanges between himself and Nakamoto were like, Hanyecz described them as Weird,’ describing him as a bossy’ figure who expected him to be an active contributor despite the fact that his tenure working on Bitcoin was predominantly unpaid.

Above all, Nakamoto, according to Hanyecz, tended to strongly deflect any questions about himself as a person while also demanding that the underlying code remain untampered with.

One of Bitcoins developers early on was Mike Hearn, who offered a very unique insight into what it was like to work alongside Nakamoto during the early days of the project. In one of the interactions between Nakamoto and Hearn, the latter made the email exchanges public online. The last of which was posted on April 23rd, 2011 contained the following:

Ive moved on to other things. Its in good hands with Gavin (Andresen) and everyone.

One of the final email exchanges including Nakamoto was between himself and Gavin Anderson, in which Anderson attempted to find out more about his utterly online colleague. The reply he got was laconic, direct and inciteful:

I wish you wouldnt keep talking about me as a mysterious shadowy figure, the press just turns that into a pirate currency angle. Maybe instead make it about the open source project and give more credit to your dev contributors; it helps motivate them.

The final email that Anderson sent to Nakamoto consisted of detailing an invitation to speak at an event that had direct connections with the Central Intelligence Agency. With the lack of response from Nakamoto, it could be construed that he had become, somewhat reasonably,freaked out by the sudden, meteoric rise to popularity the Bitcoin enjoyed.

Satoshi Nakamoto is one of the phantom names in the worlds of the internet and cryptocurrency that consists of a legendary status, a groundbreaking innovation and, while accompanied with a literal throne of $8 billion, the actual individual behind Satoshi Nakamoto’ remains elusive.

In this article, we put together a list of potential suspects with the profile, intelligence, or character that make them the possible man behind the mask.

While these are claims, they are unsubstantiated and theoretical, the only way to truly KNOW who Satoshi Nakamoto is through verifying their wallet address which would link the individual to the man himself.

From 2009 to 2010, Satoshi Nakamoto was directly involved in the development, coding, design, and release of what we and millions of members of the general public now know as Bitcoin’. During this same stretch of time, Nakamoto was also involved in mining a large quantity of the coins during a time that only a select number of people were involved in mining.

The only way one could prove without a shadow of a doubt that they were Nakamoto, they would simply need to complete one or a number of transactions between the accounts that the original Nakamoto used during this time.

While this has yet to happen, a great number of internet researchers, financial experts, and genuinely curious individuals have yet to cease in piecing together ideas and theorizing as to who the real Satoshi Nakamoto was and is.

So who on earth do some of these researchers believe is the real Satoshi Nakamoto? We piece together the names of those people believe are linked to the man, from the interesting to the downright unusual.

For anyone to be considered as Satoshi Nakamoto, it requires that person to have a clear understanding of computer programming, especially from the aspect of cryptocurrency development, these consist of:

By these criteria, the number of people that may be Nakamoto thins out significantly especially considering the balance, intellectually, which would need to be struck between the deeper knowledge of economics, cryptography and computer programming in general.

One of the potential candidates for being Nakamoto was the former graduate student, cryptography enthusiast but had also been involved in some level of C++ Programming since he was 10, Michael Clear.

While all of the dominoes were in place, making Clear a shoe-in for being the real Satoshi Nakamoto, when asked the question during an interview, Clear explicitly stated that he was not Nakamoto.

Im not Satoshi, but even if I was I wouldnt tell you.

While Clear, at the time, was startled by the question which to him came out of left field. He believed it to be conclusive enough to not realise any further questions, this turned out to not be the case, as he would encounter incessant questions on whether he was, in fact, Nakamoto and just wanted to protect his anonymity.

It got to the point where, in 2013, after two years of questions pertaining to Bitcoin and Nakamoto, that he published a blog post, explicitly denying any links to Bitcoin and being Nakamoto.

Josh originally contacted me at Crypto 2011 about a paper I was involved with related to p2p, and I met up with him out of curiosity as to why he would be interested. For about 20 minutes we talked about that.

When bitcoin came up, I remember we had a brief casual chat; I was naturally startled when he thought I could be Satoshi, and there was some humor and regrettable mistakes on my part.

Nick Szabo, a Hungarian-American computer scientist was theorized to be a potential candidate for Satoshi Nakamoto for a number of reasons. During late 2013, the slow collapse of MtGOX led researchers to look at Szabo as a potential candidate for being Nakamoto.

Like in a Mirror’, an anonymous blog post, listed out the reasons why Nick Szabo could be Satoshi Nakamoto. Across the two blog posts, the author lists the reasons why Szabo would be the founder of Bitcoin.

One of the reasons why this blog post, and Szabo by extension, gained so much credibility as being Nakamoto was due to the arguments provided by Like in a Mirror, but also due to Szabo’s own involvement with the distant cousin to Bitcoin, Bit Gold’.

While Bit Gold presented a very interesting concept when initially proposed in 1998, it never really gained traction with which to enter wider development and implementation. However, Bit Gold did, in fact, contain a significant number of features which made Bitcoin possible as a system of peer-to-peer transaction.

These include a method of Decentralisation, the Proof of Work’ system, and the implementation of Time Stamp Servers’ including proper network security mechanisms to provide an additional layer of security and validation behind each transaction.

The blog post continued on to provide an additional number of reasons why Szabo could be Satoshi Nakamoto:

While the blog series provides a significant amount of research and a well thought out argument, Szabo himself categorically denies being Satoshi Nakamoto.

While denying being Satoshi Nakamoto, Szabo is a regular writer on the subjects of programming, Cryptography and the uses of Bitcoin on his personal blog. Along with this, Szabo is also a prolific and frequent speaker / lecturer on the subject of Bitcoin and the state of play for it and other cryptocurrencies.

One of the more famous potential Satoshis was Dorian Satoshi Nakamoto, who shares a significant number of unique correlations with the original Satoshi Nakamoto, the name being just one of them.

Dorian Nakamoto, originally a resident of Japan, went on to attend college in California, studying and graduating with a degree in Physics. The correlation comes from Dorian’s own experiences working with several different employees, these consist of Citibank and the U.S. Government as just a couple of the examples.

As an engineer, a great degree of his work is under both legal and personal secrecy. An article, which labeled Dorian Satoshi Nakamoto as the developer of Bitcoin was based off an initial, off the cuff comment made by himself, in which he stated that he was no longer involved’ with the Bitcoin project.

While this confirmed to the reporter who he was, Dorian points out that there was a significant degree of misunderstanding on his part, believing that it was a question regarding his work with Citibank.

Five days after the interview’, Newsweek read out a letter sent to them by Dorian, lamenting the challenges he’s faced as a result of the false accusations of being Nakamoto.

I did not create, invent or otherwise work on Bitcoin. I unconditionally deny the Newsweek report The first time I heard the term bitcoin was from my son in mid-February 2014. After being contacted by a reporter, my son called me and used the word, which I had never before heard. Shortly thereafter, the reporter confronted me at my home.

I have no knowledge of nor have I ever worked on cryptography, peer to peer systems, or alternative currencies My prospects for gainful employment has been harmed because of Newsweeks article

Newsweeks false report has been the source of a great deal of confusion and stress for myself, my 93-year old mother, my siblings, and their families This will be our last public statement on this matter. I ask that you now respect our privacy.

Making a start to his career as a programmer with Atari working on video game design, Hal Finney has since become an individual considered by many to be the real Satoshi Nakamoto.

Ever since starting off on his career of computer programming, Finney became significantly interested and involved in the field of Cryptography, being on of the early joiners of the mailing list and social group, Cyberpunks.

One of the other organizations that Finney was involved in was Pretty Good Privacy (PGP) since its establishment in 1991. What tipped people off to his potential was his development of PGP 2.0, a system which incorporates features such as file encryption and authentication, as well as encrypted communications.

These features made PGP 2.0 the first truly secure version of the program, all based on the handy work of Hal Finney. Effectively, Finney had created the system we have come to know as peer-to-peer networking before there was even a name for it.

One of the reasons that Finney became heavily involved in Cryptography was due to being inspired by the developer David Chaum, a fellow Californian who wished to apply Cryptography to the world of online finance, specifically when addressing online transactions and finance management.

During his time at the University of California, Chaum had created one of the first systems of peer-to-peer transactions, called Ecash, which had some of the features we see in Bitcoin, but was tethered to the ongoing value of the US Dollar and never really gained significant traction.

Finney set about to expand upon what Ecash had attempted to be, adding a proof of work concept to the currency which was reusable back in 2004. This feature among others would be those applied in order to create Bitcoin in 2008.

Finney was a keen member of a number of cryptography forums and mailing lists, being one of the first users of the client software which Nakamoto had released. Within days of releasing this software, Finney made history by being the recipient of one of Bitcoins first transactions, in which he received 10 Bitcoin from Nakamoto.

Regrettably, Finney was later diagnosed with ALS, otherwise known as Lou Gehrig’s disease, from which he died in 2014. Until then, Finney continued to be an active participant in conversations regarding cryptocurrency, using his final post to recap on all of his personal experiences interacting with Nakamoto.

When Satoshi announced the first release of the software, I grabbed it right away. I think I was the first person besides Satoshi to run bitcoin. I mined block 70-something, and I was the recipient of the first bitcoin transaction when Satoshi sent ten coins to me as a test. I carried on an email conversation with Satoshi over the next few days, mostly me reporting bugs and him fixing them.

Today, Satoshis true identity has become a mystery. But at the time, I thought I was dealing with a young man of Japanese ancestry who was very smart and sincere. Ive had the good fortune to know many brilliant people over the course of my life, so I recognize the signs.

During the final year of his life, Finney was subjected to an unfortunate extortion attempt against him, in which he was ordered by the anonymous hacker to complete a transaction of 1,000 Bitcoin (Worth $400,000 at the time) or they would release sensitive personal information about Finney to the public.

Over the years, Finney’s family would face constant extortion attempts, all of which amounted to no payout simply because Finney was not Nakamoto and that any Bitcoin Finney had extracted and collected over the years were used up in order to pay for his burdensome medical expenses.

Unfortunately, Craig Steven Wright is one of the more infamous individuals to be on the list of potential Satoshi Nakamoto’s. The Australian computer scientist and businessman had led media outlets on an obscure hunt for after he came forward to a number of news broadcasters that he was the real Satoshi Nakamoto back in 2015.

In the past, Wright had been involved in the creation of the worlds first online casinos, including a Bitcoin-based bank which never completely materialized. This was due to a number of issues surrounding obtaining regulatory approval in order to do this, something that cryptocurrencies still face on a regular basis.

What does separate Wright from other individuals on this list is that he offered up Cryptographic proof that he was, in fact, Nakamoto, claiming to have access to the keys that he used in order to extract and complete some of the first Bitcoin transactions.

According to his interview with BBC, Wright claimed that he would provide this evidence as extraordinary proof for an extraordinary claim. Signing a message using a key known to be used by Satoshi Nakamoto.

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Satoshi Nakamoto: Who is Bitcoin’s Mysterious Creator …

Satoshi Nakamoto: 9 Interesting Facts You Need To Know

Like the dramatic quest ofHollywood movieFinding Nemo,this quest of finding Satoshi Nakamoto the inventor of Bitcoin has also been dramatic.

Its fascinating to see how Bitcoin has become a multi-billion dollar thing, yet the Father of Bitcoin is still missing.

Satoshi Nakamoto made the Bitcoin software in 2008 and made it open source in January 2009.

And in 2010, Satoshi disappeared.

No one even knows what pronoun to use(he, she, or they)while referring to Satoshi Nakamoto because it is still not clear whether he/she is a person or a group of people.

Whomever Satoshi Nakamoto might be, there are some interesting facts about the entity that gave birth to this multi-billion dollar industry of cryptocurrencies.

Here are 9 interesting facts

1. Why is Satoshi Nakamoto Famous?

The name Satoshi Nakamoto is the pseudonym of the inventor of Bitcoin. In 2008, someone used this name and mailed the Bitcoin white paper to a cryptographic mailing list.

This mailing list contained renowned people who believedin decentralization and cryptography.

Thats why this name is so famous.

As is apparent from the name, its assumed that he was a Japanese man, but his flawless use of English in the white paper raises doubts about this conclusion.

2. Satoshis Net Worth

It is believed that Satoshi Nakamoto owns 1 million bitcoins(or more) which makes his present net worth at the time of writing this article to be $2.6 billion.

In 2009 January, Satoshi mined the Genesis block, andin 2010, he officially stopped communicating. Between this period, the bitcoins came into existence exist on the blockchain ledger, but they have not been used or spent. Thisproves how much Satoshi owns.

1 million BTC is a huge number which, if dumped suddenly, could wreak havoc on the crypto market. Thats why Bitcoin has also earned the title of being a Ponzi scheme-because the speculative founder owns a significant share.

3. Satoshis T-Shirts

The anonymity of Bitcoins founder has led to a mushrooming of a totally new merchandising concept. Now you can buy T-Shirts with Satoshi Nakamoto things printed on it.

Things like:

You can buy one for yourself from e-commerce sites likeZazzleandTeespring.

4. Satoshi Nakamoto is Possibly A Group Of Companies

Some even suggest that Samsung, Toshiba, Nakamichi, and Motorola together created Bitcoin, as you can tell from their names:

Satoshi Nakamoto

However, there is no official proof for such a conclusion.

5. Satoshi Nakamoto is PossiblyNick Szabo

Nick Szabo, a US computer scientist, and cryptographer is considered by some to be the founder of Bitcoin. Nick coined the concept of digital currency for the digital age by creating Bit Gold. Bit Gold was the ancestor of Bitcoin. However, it was not used by the masses because of limitations.

After analysis of Satoshis white paper, a blogger concluded that Nick Szabo was Satoshi Nakamoto. but Nick has never accepted this hypothesis.

6. Satoshi Nakamoto is PossiblyCraig Steven Wright

Craig Wright, an Australian Entrepreneur, claimed to the BBC on 2nd May 2016 to be the inventor of Bitcoin. However, when examined by core Bitcoin developers like Peter Todd, Craig was unable to provide any acceptable supporting evidence for such a claim.

Though initially, he said he would come back with relevant evidence, he failed to do so, and said on his blog that he was sorry and didnt have the courage to continue.

7. Satoshi Nakamoto is PossiblyDorian Nakamoto

In March 2014, another speculation came on the identity of Satoshi. A news source claimed that they had found Satoshi, and he lived inCalifornia, USA.

His full name, as reported, was Dorian Prentice Satoshi Nakamoto. He was aphysicist and a systems engineer who had recently been laid off by the government.

Later on, the person identified denied all such claims and said he is not the Nakamoto which everyone has been searching for.

8.Satoshi Nakamoto is PossiblyHal Finney

Hal was a cryptographer even before his involvement with Bitcoin. He was on the mailing list that received Satoshi Nakamotos Bitcoin white paper.

Hal claimed that he had been communicating with Satoshi to support his testing, which led to the speculative conclusion that he himself was Satoshi.

Hals writing style also closely resembles that of Satoshis in the Bitcoin white paper. The suspicion evaporated when he showed his email conversation with Satoshi, but that could just be a diversion tactic.

Fun fact:Hal was the first person to receive a Bitcoin transaction from Satoshi on January 12, 2009, after Satoshi mined the genesis block on3rd January 2009 at 18:15:05 GMT.

9. Fast Company Found Satoshi Nakamoto

An employee of Fast Company, a media brand, said thatNeal King, Vladimir Oksman, and Charles Bry were the group of people that created Bitcoin. This employee proved it by searching unique phrases in Satoshis white paper.

They even patented the phrase which appears on the Bitcoin white paper computationally impractical to reverse.

However, all of them have publically denied such allegations.

Whatever anyone may say or think, the anonymity factor of Satoshi Nakamoto has proven to be healthy for Bitcoin.

But theres still a big mystery here:

Where is Satoshi, what is Satoshi doing, and why is Satoshi hiding?

No one knows the truth.

I would like to end this article by quoting two very early adopters of Bitcoin, Erik Voorhees andRoger Ver(two people who are definitely worth following on Twitter).

Bitcoin is the most important invention in the history of the world since the internet.

Roger Ver, Bitcoin Jesus

Can we take a moment to reflect on the fact that the Bitcoin protocol STILL hasn’t been hacked? One of the greatest comp sci accomplishments

Erik Voorhees (@ErikVoorhees) May 13, 2015

This shows how important Bitcoin, blockchain technology, and of course, Satoshi Nakamoto all are!

And yes, Bitcoin has become more important than a single individual, but we would all love to solve this mystery once and for all.

If you know any more interesting facts that I have missed in this article, thendo let me know in the comments below!!!

And if you liked this post, dont forget to share it!

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Satoshi Nakamoto: 9 Interesting Facts You Need To Know

Who is Satoshi Nakamoto? – Invest in Blockchain

Who is Satoshi Nakamoto?

Is he from Japan and is it even a he? Or maybe the creator of Bitcoin is a woman? Or maybe both, and Satoshi Nakamoto is the name of a group of people? No one knows.

Nonetheless, we can be sure about two things: Satoshi Nakamoto is a pseudonym and the individual or group of individuals that have used it created something genius, the first blockchain powering Bitcoin.

Multiple people have been suspected of being Satoshi Nakamoto; however, none have been able to convince the crypto community. It could be that Nakamotos true identity will always remain a mystery, which is something poetic, especially when looking at the rising value and impact of Bitcoin.

It was 2008 and the world was in shock because of yet another major crisis caused by the global financial industry.

Coincidentally, a technology with the power to disrupt this industry had been in the making. Nakamoto is said to have been working on the Bitcoin system since 2007. Once he felt confident enough about his idea, he started contacting cryptographers through a cryptography mailing list and he started discussing his idea, asking for feedback and looking for general assistance.

In the beginning of 2009, Nakamoto released an academic paper, or a white paper, in which he described his envisioned system in detail. After this, he started running the code for Bitcoin and began testing the technology.

Both the paper and the initial code were highly respected by field experts, who started to realize Nakamoto was working on something potentially world-changing. They started to help Bitcoin progress and evolve, and more people joined ranks.

As soon as Bitcoin got the attention of the mass media, it was discarded as something used for illegal transactions, fueled by the acceptance of Bitcoin by Silk Road and Wikileaks.

However, over time, more and more people started to realise the true potential of Bitcoin and a whole new industry emerged: an industry ignited by the invention of an unknown party.

So what do we know about Satoshi Nakamoto?

Although nobody has ever claimed to have actually spoken to Nakamoto, there has been plenty of online communications with him. He reached out to cryptographers and developers and communicated with individuals that helped him in the development of his creation.

From all of these chats, it can be concluded that Nakamoto was highly protective of his identity. He never spoke about anything personal and never revealed anything that could be used to identify him.

When he was asked about this, he indicated that he wanted to remain anonymous so that his invention and the creator would be completely separate. This fits the decentralised nature of Bitcoin and blockchain, as there is no central authority. He understood that once Bitcoin received mainstream attention, his persona would be linked to the technology which would only devalue his creation.

There are some things Nakamoto communicated that are worth mentioning. For instance, he made a request to Wikileaks not to accept Bitcoin as it was still in its infancy and the nature of Wikileaks would draw a lot of negative attention and forces to Bitcoin. Wikileaks followed this advice and held off using Bitcoin until it was more stable. Accepting Bitcoin turned out to be very profitable forWikileaks.

He also left a message open to interpretation in the first Bitcoin block ever to be mined. In this block, he entered the text The Times, 3 January 2009, Chancellor on brink of second bailout for bank. Theres been a lot of speculation about the meaning of this; however, since Bitcoin is a means of financial transactions and value storage, its likely a criticism on the very industry Bitcoin is currently disrupting.

In 2010, Nakamoto retreated from the online world. His last email was to Gavin Andresen, a software developer with which Nakamoto communicated and who has been highly involved in the further development of Bitcoin. Andresen replied that he was going to explain Bitcoin to the CIA, after which nothing was ever heard from Nakamoto again.

Even though it is obvious the architect of Bitcoin doesnt want to be known, the world has not stopped trying to identify him. This continuous quest seems rather pointless as someone with such deep understanding of complex cryptography and technology is very likely capable of remaining anonymous.

It is also believed that the name Satoshi Nakamoto has a meaning, for when you loosely translate the name from Japanese, you get:

Satoshi clear thinking

Naka inside

Moto foundation

On a forum on which Satoshi Nakamoto was active, the profile states that he is a 41 year old male Japanese.

Its hard to believe that any of this is true. Although many still believe Nakamoto to be Japanese, there is a lot of evidence to the contrary. His online activity was mainly during US daytime and the original Bitcoin client ran in English. Reportedly, Nakamoto hired third parties to translate this Bitcoin client to Japanese.

The excessive complexities Satoshi Nakamoto faced and overcame when developing Bitcoin give rise to the idea that it was actually created by a group of people. Bitcoin has been up and running for over 8 years now and we still havent been able to identify one person to thank for it, let alone multiple persons.

Over the years, 4 people have been believed to be Satoshi Nakamoto. Most of the evidence have been circumstantial and the Australian former academic Craig Wright, who claimed to be Nakamoto, failed twice to provide convincing evidence. With the years passing by, the chances of uncovering Nakamotos true identity grow smaller.

In fact, it can be argued that the identity of Nakamoto doesnt really matter. As Nakamoto stated, we should see the invention separate from the inventor. Bitcoin and blockchain are decentralised and owned by the network, meaning there are no central figures. The code is out and open sourced and Nakamoto is unable to control this anyway.

What does matter is the fact that Nakamoto owns about 1 million Bitcoins, and a similar amount of the forked coins, with a combined value of approximately $6.5 billion. This is because in Bitcoins early stages, he mined Bitcoin by himself. Knowing that there are about 16.5 million Bitcoins on in circulation, this means that Nakamoto owns 1/16th of the market. It makes you wonder, what will Nakamoto use this for?

All in all, the legend of Satoshi Nakamoto is a beautiful mystery that suits the complex and disruptive nature of Bitcoin and blockchain. And youll never know maybe, when Nakamotos vision has come true, the true identity of Bitcoins creator(s) will be revealed.

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Who is Satoshi Nakamoto? – Invest in Blockchain

Who is Satoshi Nakamoto? A Look at the Candidates

Bitcoin was conceived as a communal project. Designed as an open-source software and released to the public in 2009, Bitcoin was conceived with openness in mind. Functioning on an open ledger that is accessible to the public, Bitcoin is an open-source project. But for all its openness, one grand mystery remains unsolved:

Who Created Bitcoin and Who exactly is Satoshi Nakamoto?

First, lets detail what is known for certain. The first step was taken in 2007, when Nakamoto wrote the Bitcoin code1. In November 2008, Satoshi Nakamoto published his now famous White Paper, which laid the groundwork for the Bitcoin protocol2.

On January 3rd, 2009, the first ever Bitcoin block was mined, marking the creation of the cryptocurrency, it bore the message :

The Times 03/Jan/2009 Chancellor on brink of second bailout for banks

Satoshi was heavily involved with the Bitcoin community, and collaborated with them in order to modify the underlying bitcoin protocol. After two years of involvement, Nakamoto handed the reins to Gavin Andresen, and seized involvement with the Bitcoin project in December of 2010. Then, in the Spring of 2011, Nakamoto returned to leave a final message, stating in a post that he had moved on to other things, and that Bitcoin was in good hands with Gavin [Andresen] and everyone. That was the last the world heard of the secretive Bitcoin creator.

The mystery behind Nakamotos identity has only grown, as the Bitcoin community eagerly speculates who it could potentially be. Satoshi Nakamoto claims to be Japanese, born on April 5, 19753. It is unknown whether Nakamoto is male or female, or whether Nakamoto is even a single person or a group of individuals.

While Nakamotos identity remains unknown, This has not stopped enthusiasts from investigating his background and drawing up conclusions. Nakamotos use of perfect English in his posts and his publication of the White Paper has raised skepticism as to his Japanese origin. Furthermore, his occasional use of British English in the code and comments has fueled speculation that he is a native English speaker of commonwealth origin4. Additionally, Stefan Thomas, a Swiss coder and active member in the Bitcoin community, graphed the time stamps of Nakamotos more than 500 posts, showing his or her complete absence of posts between midnight am and 6 am Greenwich Time, further informing investigators as to his potential whereabouts5.

To date, there are several potential individuals suspected of being the mysterious Bitcoin creator. One of the first suggestions was Nick Szabo, a decentralized currency enthusiast who published a paper on bit gold considered to be a precursor to the first cryptocurrency. Running a reverse textual analysis, internet researcher Skye Grey found dozens of unique phrases that linked Szabos writing style to that of the original White Paper6. This evidence is only circumstantial, however, and Szabo has repeatedly denied that he is the creator of Bitcoin.

Nick Szabo, Image from The-Blockchain

Another possibility is a Japanese American man living in California, named Dorian Prentice Satoshi Nakamoto, birth name Satoshi Nakamoto. First brought up in a March 2014 Newsweek article, Leah McGrath Goodman pointed to Nakamotos training as a physicist at Cal Poly University in Pomona and libertarian background as potential indicators of his identity. Her biggest piece of evidence was his response to a question regarding Bitcoin: I am no longer involved in that and I cannot discuss it. Its been turned over to other people. They are in charge of it now. I no longer have any connection.7 This led to a wild media frenzy, which even included a car chase. However, in a later interview, he recanted his previous position, stating that he had misunderstood the reporters question, thinking it was related to his previous classified work as a military contractor8.

Dorian Prentice Satoshi Nakamoto, Image from The Verge.

Hal Finney is another potential candidate to be the mysterious Satoshi Nakamoto. Finney was a pre-bitcoin cryptographic pioneer and was only the second person after Nakamoto himself to make use of the software, file bug reports, and suggest improvements.

Furthermore, he was the first to ever receive Bitcoin, stating in an interview that [he] was the recipient of the first bitcoin transaction, when Satoshi sent ten coins to [him] as a test.9

Forbes journalist Andy Greenberg speculated after requesting aid from writing analysis consultancy Juola & Associates that Greenberg may have been the ghostwriter for Satoshi Nakamoto. Further adding to the speculation that Finney was involved with the creation of Bitcoin was his correspondence with the aforementioned Nick Szabo, and the fact that he lived only blocks apart from Dorian Prentice Satoshi Nakamoto10. At the time of his death on August 28, 2014, only circumstantial evidence pointed to Hal Finney being the original Satoshi Nakamoto.

Hal Finney, Image from Wired.

Yet another possible contender to be Satoshi Nakamoto is the Australian academic, computer engineering expert, and entrepreneur, Craig Wright. In early November of 2015, Gizmodo received an anonymous email from an individual stating that not only did he know that Craig Wright was the creator of Bitcoin, but that he had also worked for him11. On December 9, hours after Wired certified that Wright was indeed Nakamoto, the Australian Federal Police raided his home, and afterwards stating the [the] matter is unrelated to recent media reporting regarding the digital currency Bitcoin. Afterwards, Wright deleted his internet presence until May of 2016, when he stepped forward and revealed himself on Twitter as the creator of the digital currency Bitcoin12, and claimed he had the proof to back up his statement. Then, amid a torrent of skepticism, Wright retracted his statement and did not offer the extraordinary proof he claimed to have, stating that he did not have the courage to prove his identity13.

Craig Wright, Image from CCN.

In an era where information is widespread, Satoshi Nakamoto has managed to maintain his identity a complete secret. So why is uncovering Nakamotos identity so important? If Nakamoto is indeed a single individual, then he or she owns approximately 5% of the worlds Bitcoin supply, placing him or her as the 52nd richest person in the world as of December 12th14.

The implications of this wealth are considerable, beyond even the real world implications. If Satoshi Nakamoto were ever to sell the rumored 980,000 Bitcoins in his or her possession ( currently worth over $16 billion at todays price, as of 5th Jan 2018 ), the price of Bitcoin could potentially become more volatile than it already is.

Furthermore, there is significant debate as to the future of Bitcoin. Heated discussions have arisen due to some of the growing pains surrounding Bitcoin, particularly the issue of how to deal with an increase in transaction volume in the Bitcoin network. As the number of blocks increases, the Bitcoin network runs the risk of becoming overloaded. One side of the debate wants to fundamentally change the Bitcoin node by increasing the block size, in order to allow the system to process transactions more quickly. The other side of the debate sees this as a betrayal of the original concept behind Bitcoin, arguing that this would lead to increased centralization15. Identifying Bitcoins true creator would create more certainty and could potentially lay down the following steps in Bitcoins ever growing development.

Ultimately, identifying Bitcoins creator may be a quixotic endeavor. His or her complete silence since the Spring of 2011 means it is likely we will never hear from them again. Nevertheless, Bitcoin, the open source digital currency created nearly a decade ago, will continue to in spite of this mystery. The Bitcoin community will be forced to coexist with the enigma that is Satoshi Nakamoto, for the better or for the worst.

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Who is Satoshi Nakamoto? A Look at the Candidates

Satoshi Nakamoto: Who is Bitcoin’s Mysterious Creator …

More Than Just a Name: Who or What Is Satoshi Nakamoto? The Facts That We Have

There are mysteries that we all have to deal with from personal to international. One of the mysteries that still hounds the cryptocurrency world is the one that surrounds one particular name: Satoshi Nakamoto, the illustrious and yet unknown figure that stood behind the creation and introduction of Bitcoin.

While the true face of Nakamoto, among other things, remain a mystery, we will be using these articles as a way to piece together all that we do know about them. From everything they had previously written, to who the media believed was the true’ Nakamoto and whether there are still people out there who once previously bore the mantel.

We may never fully know who Satoshi Nakamoto is, but with this series, we hope to, at the very least, shrink down the number of people who could resemble the illustrious figure.

Whatever could be construed as a public record of Satoshi Nakamoto can be easily condensed into a span of fewer than two years. While a brief legacy’ the amount of buzz surrounding these records have kept forums, social media pages and financial experts ensconced in the possible answer to the question.

Not only would it be one of the internets biggest mysteries being solved, but whoever rightfully claimed to be Nakamoto would gain immediate legendary status for their involvement in the development of blockchain, the technology which is (and continues to) revolutionize the world as we know it.

Not only is there a legend to claim, but a fortune as well; one that is believed to total nearly 1 million Bitcoin. This means, by today’s valuation of Bitcoin, would mean an inheritance’ of over 8 Billion dollars, not accounting for future fluctuation, however.

One of the most comprehensive profiles we have for Nakamoto comes from their P2P foundation page, Satoshi Nakamoto is (or was) a 43-year-old male originating from Japan. This suggests that he is most active during the Japanese time cycle, but upon studying their posting behavior, it implies that they follow the GMT cycle due a habit of disappearing from 5am-11am yet being active during the earlier to late afternoon.

While that isn’t evidence enough to suggest that while Nakamoto wasn’t in Japan, but could mean that they had a highly unusual sleep pattern.

Satoshi, from their philosophy, was a firm advocate for economic or social Libertarianism specific to the world of technology. This viewpoint can be construed as Crypto-Anarchism’, decentralizing the world of commerce, handing the power in the world of personal finance back to the individual consumer.

In the announcement and release of the Genesis block, otherwise known as Block 1′ or 0, included a hidden message within its Coinbase parameter giving the headline for the news from the 3rd January 2009:

the Times 03/Jan/2009 Chancellor on brink of the second bailout for banks

While the use of the newspaper headline may simply function as a time-stamp for the interest of posterity with the release of the first Bitcoin block. Many crypto-enthusiasts and anarchists alike have, however, interpreted the headline as a stab against centralized financial institutions for their part in the unfurling global financial crisis and subsequent recession.

One of the other stabs that this message demonstrates, according to Nakamoto supporters, is in creating an inbuilt scarcity for Bitcoin, while governments and financial institutions are able to print a seemingly infinite volume of money at their own discretion, creating devaluation with users being powerless to do anything about it.

While Nakamoto has been personally responsible for mining and possessing nearly a million Bitcoin, he’ only ever completed one transaction simply to demonstrate that a cryptocurrency could, and does, work.

Apart from that, Nakamoto never moved his Bitcoin from his initial mining address, but there are a number of reasons for why he would have instigated this action.

How is it we can theorize that these are the plausible scenarios as to Nakamoto’s activities? Because a number of the texts of which he drafted and wrote give these very distinct impressions:

At this point in time, Satoshi announced through a Cryptography mailing list that Bitcoin: A Peer-to-Peer Electronic Cash System, his officially white paper detailing the idea and function of Bitcoin, was formally published on Bitcoin.com.

Satoshi makes his first public post on the website P2P Foundation: The Foundation for Peer to Peer Alternatives’. This post consisted of a link to his recently published White Paper, including some additional insight into the paper and his reasoning for developing it.

Across this span of time when he’s active on the site, he created three posts, with the last taking place on February 14th, 2009. The same account was used in March 2014, with the post including the statement that the user is not Dorian Nakamoto after being falsely outed as Satoshi Nakamoto days earlier.

This consisted of the official, inaugural post on the website Bitcointalk.org.’ This would include a series of over 575 posts across 13 months, other contributors apart from Nakamoto consist ofMike Hearn and Jeff Garzik.

These contributors were effective in laying down the groundwork for what Bitcoin was to become. By December 12th, 2010, Nakamoto has effectively stopped operating on the site, for what reasons remains unknown.

This post is the last time that Nakamoto officially addressed the public within the forum, linking to the latest version of the Bitcoin, wallet client. Nine years on and the forum is one of the largest, most reputable forums of cryptocurrency discussion, with over 2 million users and hundreds of millions of post views.

One of the last posts from Nakamoto included the desire that Wikileaks which, at the time, had been vehemently opposed by the US governments, including banks which refused to work with them regarding providing funding.

Nakamoto stated that Bitcoin shouldn’t be used as a means of supporting the site, citing its infancy’ and fragility as some of the reasons why it is not best-suited for supporting Wikileaks.

Despite his urging against providing this support, it went on to be used, resulting in Wikileaks removing the page and description for Bitcoin. The reason for this post was to prevent Bitcoin from snuffed out by drawing too much negative press, especially in being linked to an institution which had just recently made some incredibly powerful enemies.

So who could this person be? We can get an understanding of Nakamoto’s personality from one of his email addresses when messages to and from the account were made.

His account, [emailprotected] was reportedly hacked in 2014, with one of the email exchanges being between Nakamoto and the financial expert, Wei Dai, regarding obtaining proper accreditation for the ideas of his that were used in the development of Bitcoin.

The second was to Laszlo Hanyecz, the cryptocurrency developer that is famously known for the 10,000 Bitcoin for 2 Pizzas’ challenge, which has gained a historical emphasis for being the first monetary transaction using Bitcoin.

When approached on what the exchanges between himself and Nakamoto were like, Hanyecz described them as Weird,’ describing him as a bossy’ figure who expected him to be an active contributor despite the fact that his tenure working on Bitcoin was predominantly unpaid.

Above all, Nakamoto, according to Hanyecz, tended to strongly deflect any questions about himself as a person while also demanding that the underlying code remain untampered with.

One of Bitcoins developers early on was Mike Hearn, who offered a very unique insight into what it was like to work alongside Nakamoto during the early days of the project. In one of the interactions between Nakamoto and Hearn, the latter made the email exchanges public online. The last of which was posted on April 23rd, 2011 contained the following:

Ive moved on to other things. Its in good hands with Gavin (Andresen) and everyone.

One of the final email exchanges including Nakamoto was between himself and Gavin Anderson, in which Anderson attempted to find out more about his utterly online colleague. The reply he got was laconic, direct and inciteful:

I wish you wouldnt keep talking about me as a mysterious shadowy figure, the press just turns that into a pirate currency angle. Maybe instead make it about the open source project and give more credit to your dev contributors; it helps motivate them.

The final email that Anderson sent to Nakamoto consisted of detailing an invitation to speak at an event that had direct connections with the Central Intelligence Agency. With the lack of response from Nakamoto, it could be construed that he had become, somewhat reasonably,freaked out by the sudden, meteoric rise to popularity the Bitcoin enjoyed.

Satoshi Nakamoto is one of the phantom names in the worlds of the internet and cryptocurrency that consists of a legendary status, a groundbreaking innovation and, while accompanied with a literal throne of $8 billion, the actual individual behind Satoshi Nakamoto’ remains elusive.

In this article, we put together a list of potential suspects with the profile, intelligence, or character that make them the possible man behind the mask.

While these are claims, they are unsubstantiated and theoretical, the only way to truly KNOW who Satoshi Nakamoto is through verifying their wallet address which would link the individual to the man himself.

From 2009 to 2010, Satoshi Nakamoto was directly involved in the development, coding, design, and release of what we and millions of members of the general public now know as Bitcoin’. During this same stretch of time, Nakamoto was also involved in mining a large quantity of the coins during a time that only a select number of people were involved in mining.

The only way one could prove without a shadow of a doubt that they were Nakamoto, they would simply need to complete one or a number of transactions between the accounts that the original Nakamoto used during this time.

While this has yet to happen, a great number of internet researchers, financial experts, and genuinely curious individuals have yet to cease in piecing together ideas and theorizing as to who the real Satoshi Nakamoto was and is.

So who on earth do some of these researchers believe is the real Satoshi Nakamoto? We piece together the names of those people believe are linked to the man, from the interesting to the downright unusual.

For anyone to be considered as Satoshi Nakamoto, it requires that person to have a clear understanding of computer programming, especially from the aspect of cryptocurrency development, these consist of:

By these criteria, the number of people that may be Nakamoto thins out significantly especially considering the balance, intellectually, which would need to be struck between the deeper knowledge of economics, cryptography and computer programming in general.

One of the potential candidates for being Nakamoto was the former graduate student, cryptography enthusiast but had also been involved in some level of C++ Programming since he was 10, Michael Clear.

While all of the dominoes were in place, making Clear a shoe-in for being the real Satoshi Nakamoto, when asked the question during an interview, Clear explicitly stated that he was not Nakamoto.

Im not Satoshi, but even if I was I wouldnt tell you.

While Clear, at the time, was startled by the question which to him came out of left field. He believed it to be conclusive enough to not realise any further questions, this turned out to not be the case, as he would encounter incessant questions on whether he was, in fact, Nakamoto and just wanted to protect his anonymity.

It got to the point where, in 2013, after two years of questions pertaining to Bitcoin and Nakamoto, that he published a blog post, explicitly denying any links to Bitcoin and being Nakamoto.

Josh originally contacted me at Crypto 2011 about a paper I was involved with related to p2p, and I met up with him out of curiosity as to why he would be interested. For about 20 minutes we talked about that.

When bitcoin came up, I remember we had a brief casual chat; I was naturally startled when he thought I could be Satoshi, and there was some humor and regrettable mistakes on my part.

Nick Szabo, a Hungarian-American computer scientist was theorized to be a potential candidate for Satoshi Nakamoto for a number of reasons. During late 2013, the slow collapse of MtGOX led researchers to look at Szabo as a potential candidate for being Nakamoto.

Like in a Mirror’, an anonymous blog post, listed out the reasons why Nick Szabo could be Satoshi Nakamoto. Across the two blog posts, the author lists the reasons why Szabo would be the founder of Bitcoin.

One of the reasons why this blog post, and Szabo by extension, gained so much credibility as being Nakamoto was due to the arguments provided by Like in a Mirror, but also due to Szabo’s own involvement with the distant cousin to Bitcoin, Bit Gold’.

While Bit Gold presented a very interesting concept when initially proposed in 1998, it never really gained traction with which to enter wider development and implementation. However, Bit Gold did, in fact, contain a significant number of features which made Bitcoin possible as a system of peer-to-peer transaction.

These include a method of Decentralisation, the Proof of Work’ system, and the implementation of Time Stamp Servers’ including proper network security mechanisms to provide an additional layer of security and validation behind each transaction.

The blog post continued on to provide an additional number of reasons why Szabo could be Satoshi Nakamoto:

While the blog series provides a significant amount of research and a well thought out argument, Szabo himself categorically denies being Satoshi Nakamoto.

While denying being Satoshi Nakamoto, Szabo is a regular writer on the subjects of programming, Cryptography and the uses of Bitcoin on his personal blog. Along with this, Szabo is also a prolific and frequent speaker / lecturer on the subject of Bitcoin and the state of play for it and other cryptocurrencies.

One of the more famous potential Satoshis was Dorian Satoshi Nakamoto, who shares a significant number of unique correlations with the original Satoshi Nakamoto, the name being just one of them.

Dorian Nakamoto, originally a resident of Japan, went on to attend college in California, studying and graduating with a degree in Physics. The correlation comes from Dorian’s own experiences working with several different employees, these consist of Citibank and the U.S. Government as just a couple of the examples.

As an engineer, a great degree of his work is under both legal and personal secrecy. An article, which labeled Dorian Satoshi Nakamoto as the developer of Bitcoin was based off an initial, off the cuff comment made by himself, in which he stated that he was no longer involved’ with the Bitcoin project.

While this confirmed to the reporter who he was, Dorian points out that there was a significant degree of misunderstanding on his part, believing that it was a question regarding his work with Citibank.

Five days after the interview’, Newsweek read out a letter sent to them by Dorian, lamenting the challenges he’s faced as a result of the false accusations of being Nakamoto.

I did not create, invent or otherwise work on Bitcoin. I unconditionally deny the Newsweek report The first time I heard the term bitcoin was from my son in mid-February 2014. After being contacted by a reporter, my son called me and used the word, which I had never before heard. Shortly thereafter, the reporter confronted me at my home.

I have no knowledge of nor have I ever worked on cryptography, peer to peer systems, or alternative currencies My prospects for gainful employment has been harmed because of Newsweeks article

Newsweeks false report has been the source of a great deal of confusion and stress for myself, my 93-year old mother, my siblings, and their families This will be our last public statement on this matter. I ask that you now respect our privacy.

Making a start to his career as a programmer with Atari working on video game design, Hal Finney has since become an individual considered by many to be the real Satoshi Nakamoto.

Ever since starting off on his career of computer programming, Finney became significantly interested and involved in the field of Cryptography, being on of the early joiners of the mailing list and social group, Cyberpunks.

One of the other organizations that Finney was involved in was Pretty Good Privacy (PGP) since its establishment in 1991. What tipped people off to his potential was his development of PGP 2.0, a system which incorporates features such as file encryption and authentication, as well as encrypted communications.

These features made PGP 2.0 the first truly secure version of the program, all based on the handy work of Hal Finney. Effectively, Finney had created the system we have come to know as peer-to-peer networking before there was even a name for it.

One of the reasons that Finney became heavily involved in Cryptography was due to being inspired by the developer David Chaum, a fellow Californian who wished to apply Cryptography to the world of online finance, specifically when addressing online transactions and finance management.

During his time at the University of California, Chaum had created one of the first systems of peer-to-peer transactions, called Ecash, which had some of the features we see in Bitcoin, but was tethered to the ongoing value of the US Dollar and never really gained significant traction.

Finney set about to expand upon what Ecash had attempted to be, adding a proof of work concept to the currency which was reusable back in 2004. This feature among others would be those applied in order to create Bitcoin in 2008.

Finney was a keen member of a number of cryptography forums and mailing lists, being one of the first users of the client software which Nakamoto had released. Within days of releasing this software, Finney made history by being the recipient of one of Bitcoins first transactions, in which he received 10 Bitcoin from Nakamoto.

Regrettably, Finney was later diagnosed with ALS, otherwise known as Lou Gehrig’s disease, from which he died in 2014. Until then, Finney continued to be an active participant in conversations regarding cryptocurrency, using his final post to recap on all of his personal experiences interacting with Nakamoto.

When Satoshi announced the first release of the software, I grabbed it right away. I think I was the first person besides Satoshi to run bitcoin. I mined block 70-something, and I was the recipient of the first bitcoin transaction when Satoshi sent ten coins to me as a test. I carried on an email conversation with Satoshi over the next few days, mostly me reporting bugs and him fixing them.

Today, Satoshis true identity has become a mystery. But at the time, I thought I was dealing with a young man of Japanese ancestry who was very smart and sincere. Ive had the good fortune to know many brilliant people over the course of my life, so I recognize the signs.

During the final year of his life, Finney was subjected to an unfortunate extortion attempt against him, in which he was ordered by the anonymous hacker to complete a transaction of 1,000 Bitcoin (Worth $400,000 at the time) or they would release sensitive personal information about Finney to the public.

Over the years, Finney’s family would face constant extortion attempts, all of which amounted to no payout simply because Finney was not Nakamoto and that any Bitcoin Finney had extracted and collected over the years were used up in order to pay for his burdensome medical expenses.

Unfortunately, Craig Steven Wright is one of the more infamous individuals to be on the list of potential Satoshi Nakamoto’s. The Australian computer scientist and businessman had led media outlets on an obscure hunt for after he came forward to a number of news broadcasters that he was the real Satoshi Nakamoto back in 2015.

In the past, Wright had been involved in the creation of the worlds first online casinos, including a Bitcoin-based bank which never completely materialized. This was due to a number of issues surrounding obtaining regulatory approval in order to do this, something that cryptocurrencies still face on a regular basis.

What does separate Wright from other individuals on this list is that he offered up Cryptographic proof that he was, in fact, Nakamoto, claiming to have access to the keys that he used in order to extract and complete some of the first Bitcoin transactions.

According to his interview with BBC, Wright claimed that he would provide this evidence as extraordinary proof for an extraordinary claim. Signing a message using a key known to be used by Satoshi Nakamoto.

Read more here:

Satoshi Nakamoto: Who is Bitcoin’s Mysterious Creator …

Who is Satoshi Nakamoto? – What is Bitcoin?

Who is Satoshi Nakamoto? Satoshi Nakamoto is the founder of Bitcoin and the initial creator of the original Bitcoin client. He has said in a P2P foundation profile that he is from Japan. Beyond that, not much else is known about him or his identity. He has been working on the Bitcoin project since 2007. The smallest unit of measure in bitcoin has been named in honor of Satoshi.

In November of 2009, Satoshi created one of the most disruptive experiments in human history when he published a white paper titled Bitcoin: A Peer-to-Peer Electronic Cash System. This new design would allow two (or more) parties to transact value without the need for a trusted third party. This has immense implications for global trade but the trusted third parties that have been in the middle of every financial transaction for centuries are not so happy about such an invention. This has put Satoshi at the top of the wanted list of the legacy banking cartels.

When Satoshi published this paper, he published a model that would change the world forever. The world finally had a mechanism for people and institutions to create privately issued money but even more importantly, bitcoin was the blueprint for creating bits of information that cannot be duplicated or counterfeit. This is why bitcoin is capable of functioning as money. Satoshis new invention will create a number of problems for governments and banks around the world which is likely why he has kept his identity a secret.

Ever since bitcoin has found its use as a safe haven asset around the world, Satoshi has gone into hiding and the search for his true identity continues.

In 2013, Newsweek received some sort of anonymous tip that a man named Dorian Nakamoto was living in California and was remotely associated with some sort of cryptographic work for the government a couple years prior. Thanks to todays poor journalism and everyones lust to be the first to publish a story, Dorian was dragged into the spotlight as being Satoshi Nakamoto. It was later proven false but Dorians face is still often used in bitcoin memes. There was even an art piece auctioned off to help him and his family with legal damage created by Newsweeks careless journalism.

In December of 2015, the search for Satoshi seemed to take yet another turn when an Australian computer scientist named Craig Wright was outed as being Satoshi. It didnt take long for freelance journalists to swarm his Brisbane residence to completely invade his privacy looking for answers. Since he has fallen into the public spotlight, he has actually made claims that he is, in fact, Satoshi Nakamoto only to be mathematically eliminated as a fraud for not supplying a key signature that Satoshi is known to control. In short, hes a fraud.

Since nobody knows Satoshis real identity or background, there have been a number of conspiracy theories that have surfaced. Some theories suggest that he is a member of the new world order and published bitcoin to create a one world money that the NWO will use to control the entire planet while other theories suggest that he is a former government employee who went rogue and released a cryptographic software system that the government had been using for years called blockchain. We may never know for sure but the search will likely continue as long as some people still care.

One of the first conspiracy theories was that Satoshi is actually a consortium of bankers who are working to establish a new world order. The anonymous creator is not actually a single individual but rather a group of banksters who published the bitcoin white paper to establish a global control of money and unleash the mark of the beast on the world. This is likely not the case since the bitcoin code is open source for all to view and can be changed. This makes it very difficult to control by any central power.

Another Conspiracy theory is that Satoshi was working for the NSA and had been part of a project that was using a technology that was incredibly secure because it wasnt centralized and required very complex cryptography to operate. Satoshi stole this model and altered it so that it could be used by the people rather than being monopolized by the government. After he figured out a feasible way to make it work as a peer-to-peer network, he published the Bitcoin White Paper to get some tech experts to fine tune it. Ever since it began to catch on, Satoshi has been forced into hiding for fear of being exposed and sentenced to torture or even death.

These are only a couple conspiracies but as time goes on, there will only be more crazy ideas that get added to the mix. Check back here from time to time to learn more about Satoshi Nakamoto.

What is a bitcoin term that you would like us to further define for you? Let us know with a comment below or a tweet @WhatIsBitcoin.

Read more:

Who is Satoshi Nakamoto? – What is Bitcoin?

Satoshi Nakamoto: 9 Interesting Facts You Need To Know

Like the dramatic quest ofHollywood movieFinding Nemo,this quest of finding Satoshi Nakamoto the inventor of Bitcoin has also been dramatic.

Its fascinating to see how Bitcoin has become a multi-billion dollar thing, yet the Father of Bitcoin is still missing.

Satoshi Nakamoto made the Bitcoin software in 2008 and made it open source in January 2009.

And in 2010, Satoshi disappeared.

No one even knows what pronoun to use(he, she, or they)while referring to Satoshi Nakamoto because it is still not clear whether he/she is a person or a group of people.

Whomever Satoshi Nakamoto might be, there are some interesting facts about the entity that gave birth to this multi-billion dollar industry of cryptocurrencies.

Here are 9 interesting facts

1. Why is Satoshi Nakamoto Famous?

The name Satoshi Nakamoto is the pseudonym of the inventor of Bitcoin. In 2008, someone used this name and mailed the Bitcoin white paper to a cryptographic mailing list.

This mailing list contained renowned people who believedin decentralization and cryptography.

Thats why this name is so famous.

As is apparent from the name, its assumed that he was a Japanese man, but his flawless use of English in the white paper raises doubts about this conclusion.

2. Satoshis Net Worth

It is believed that Satoshi Nakamoto owns 1 million bitcoins(or more) which makes his present net worth at the time of writing this article to be $2.6 billion.

In 2009 January, Satoshi mined the Genesis block, andin 2010, he officially stopped communicating. Between this period, the bitcoins came into existence exist on the blockchain ledger, but they have not been used or spent. Thisproves how much Satoshi owns.

1 million BTC is a huge number which, if dumped suddenly, could wreak havoc on the crypto market. Thats why Bitcoin has also earned the title of being a Ponzi scheme-because the speculative founder owns a significant share.

3. Satoshis T-Shirts

The anonymity of Bitcoins founder has led to a mushrooming of a totally new merchandising concept. Now you can buy T-Shirts with Satoshi Nakamoto things printed on it.

Things like:

You can buy one for yourself from e-commerce sites likeZazzleandTeespring.

4. Satoshi Nakamoto is Possibly A Group Of Companies

Some even suggest that Samsung, Toshiba, Nakamichi, and Motorola together created Bitcoin, as you can tell from their names:

Satoshi Nakamoto

However, there is no official proof for such a conclusion.

5. Satoshi Nakamoto is PossiblyNick Szabo

Nick Szabo, a US computer scientist, and cryptographer is considered by some to be the founder of Bitcoin. Nick coined the concept of digital currency for the digital age by creating Bit Gold. Bit Gold was the ancestor of Bitcoin. However, it was not used by the masses because of limitations.

After analysis of Satoshis white paper, a blogger concluded that Nick Szabo was Satoshi Nakamoto. but Nick has never accepted this hypothesis.

6. Satoshi Nakamoto is PossiblyCraig Steven Wright

Craig Wright, an Australian Entrepreneur, claimed to the BBC on 2nd May 2016 to be the inventor of Bitcoin. However, when examined by core Bitcoin developers like Peter Todd, Craig was unable to provide any acceptable supporting evidence for such a claim.

Though initially, he said he would come back with relevant evidence, he failed to do so, and said on his blog that he was sorry and didnt have the courage to continue.

7. Satoshi Nakamoto is PossiblyDorian Nakamoto

In March 2014, another speculation came on the identity of Satoshi. A news source claimed that they had found Satoshi, and he lived inCalifornia, USA.

His full name, as reported, was Dorian Prentice Satoshi Nakamoto. He was aphysicist and a systems engineer who had recently been laid off by the government.

Later on, the person identified denied all such claims and said he is not the Nakamoto which everyone has been searching for.

8.Satoshi Nakamoto is PossiblyHal Finney

Hal was a cryptographer even before his involvement with Bitcoin. He was on the mailing list that received Satoshi Nakamotos Bitcoin white paper.

Hal claimed that he had been communicating with Satoshi to support his testing, which led to the speculative conclusion that he himself was Satoshi.

Hals writing style also closely resembles that of Satoshis in the Bitcoin white paper. The suspicion evaporated when he showed his email conversation with Satoshi, but that could just be a diversion tactic.

Fun fact:Hal was the first person to receive a Bitcoin transaction from Satoshi on January 12, 2009, after Satoshi mined the genesis block on3rd January 2009 at 18:15:05 GMT.

9. Fast Company Found Satoshi Nakamoto

An employee of Fast Company, a media brand, said thatNeal King, Vladimir Oksman, and Charles Bry were the group of people that created Bitcoin. This employee proved it by searching unique phrases in Satoshis white paper.

They even patented the phrase which appears on the Bitcoin white paper computationally impractical to reverse.

However, all of them have publically denied such allegations.

Whatever anyone may say or think, the anonymity factor of Satoshi Nakamoto has proven to be healthy for Bitcoin.

But theres still a big mystery here:

Where is Satoshi, what is Satoshi doing, and why is Satoshi hiding?

No one knows the truth.

I would like to end this article by quoting two very early adopters of Bitcoin, Erik Voorhees andRoger Ver(two people who are definitely worth following on Twitter).

Bitcoin is the most important invention in the history of the world since the internet.

Roger Ver, Bitcoin Jesus

Can we take a moment to reflect on the fact that the Bitcoin protocol STILL hasn’t been hacked? One of the greatest comp sci accomplishments

Erik Voorhees (@ErikVoorhees) May 13, 2015

This shows how important Bitcoin, blockchain technology, and of course, Satoshi Nakamoto all are!

And yes, Bitcoin has become more important than a single individual, but we would all love to solve this mystery once and for all.

If you know any more interesting facts that I have missed in this article, thendo let me know in the comments below!!!

And if you liked this post, dont forget to share it!

Here are hand-picked articles to read next:

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Satoshi Nakamoto: 9 Interesting Facts You Need To Know

Satoshi Nakamoto’s profile updated 2018! | Crypto Insider

Satoshi Nakamoto has been a mysterious figure since the inception of the paperless e-currency known today as Bitcoin (BTC). After his disappearance in December 2010, many were left to speculate as to who he was and why he left.

Well, Satoshi NakamotosP2P profile has come to life with one update. The update is just the word nour with quotation marks included.

Back in 2014, his email that was associated with Satoshis P2P profile was compromised. This could be a continuation of that potential hack, or perhaps it is something else. Maybe Satoshi has decided to make an appearance, but it may be too far-fetched. If he/she/they were to come back, why now? Why on a platform that had been hacked previously?

We tried to contact Satoshi on his e-mail but received an automated error message which points out that the address is inactive. This might suggest that the P2P Foundation account has been compromised by becoming associated with another e-mail account. In this situation, its even harder to tell who is behind this obscure and incomprehensible message.

This could be the action of that same hacker that was there in 2014, or perhaps it is something else maybe Satoshi is coming back to set the record straight once and for all!

Crypto Insider will pay close attention to the activity of Satoshi Nakamotos P2P account and report any update.

If you or someone you know has information about this latest profile update please email [emailprotected] with the subject Satoshi

Here is the original post:

Satoshi Nakamoto’s profile updated 2018! | Crypto Insider

From Dorian Nakamoto to Elon Musk: The Incomplete List of …

Ten years ago, on Jan. 3, 2009, the Bitcoin (BTC) network was created as Satoshi Nakamoto mined the genesis block, also known as block number zero.

However, the identity behind the Bitcoin creator has remained one of the biggest mysteries in the crypto community since the original white paper was published by Satoshi in October 2008.

Various journalistic investigations have attempted to unveil the person or group of individuals responsible for creating the top digital currency, but Satoshis real identity remains unknown to date. On his P2P Foundation profile which went inactive in late 2010 Nakamoto identifies as a 43-year-old male who lives in Japan, but he almost never posted on the Bitcoin forum during local daytime. Other clues, like the British spelling of words like colour and optimise, suggest he was of Commonwealth origin.

So far, the media and community have come up with numerous results of who might be the real Satoshi, none of which have been confirmed. On June 14, 2018 the United States Central Intelligence Agency (CIA) said that it could neither confirm nor deny the existence of Nakamoto after a Motherboard journalist requested information on his identity through the Freedom of Information Act (FOIA).

Heres the (incomplete) list of potential candidates.

Suspect credentials: a 38 year-old Finnish professor at the Helsinki Institute for Information Technology

Source: Joshua Davis, The New Yorker

One of the first attempts to reveal Satoshis identity dates back to October 2011, when journalist Joshua Davis wrote a piece for the New Yorker. During his quest to identify the Bitcoin creator, Davis found Michael Clear, a young graduate student in cryptography at Trinity College in Dublin, who had worked at Allied Irish Banks to improve its currency-trading software and co-authored an academic paper on peer-to-peer technology. Clear denied he was Satoshi, but offered the journalist the name of a solid fit for Nakamoto a thirty-one-year-old Finnish researcher at the Helsinki Institute for Information Technology named Vili Lehdonvirta, who used to be a video game programmer and studied virtual currencies.

However, after being contacted by Davis, Lehdonvirta also claimed he was not Satoshi. You need to be a crypto expert to build something as sophisticated as bitcoin, he said. There arent many of those people, and Im definitely not one of them.

Suspect credentials: a 49 year-old Japanese mathematician at Kyoto University

Source: Ted Nelson

On May 17, 2013, American IT pioneer, sociologist and philosopher Ted Nelson suggested that Nakamoto could be Japanese mathematician Shinichi Mochizuki of Kyoto University, who worked mostly in number theory and geometry. Nelsons evidence was largely circumstantial, however, as it mostly rested on how Mochizuki released his solution to the ABC Conjecture, one of the biggest unsolved problems in mathematics.

A few days later, Nelson told Quartz that he would donate to charity if Mochizuki denied being Satoshi Nakamoto:

If that person denies being Satoshi, I will humbly give one bitcoin (at this instant worth about $123) to any charity he selects. If he is Satoshi and denies it, at least he will feel guilty. (One month time limit on denial bitcoins are going UP.)

In July 2013, The Age reported that Mochizuki denied Nelsons claims, but did not specify the source.

Suspect credentials: a 68-year-old Japanese American man who has done classified work for major corporations and the U.S. military

Source: Leah McGrath Goodman, Newsweek

On March 6, 2014, Newsweek published a lengthy article written by journalist Leah McGrath Goodman, who identified Dorian Prentice Satoshi Nakamoto, a Japanese American male living in California as the original Bitcoin creator.

Goodman learned that Nakamoto worked as a systems engineer on classified defense projects and computer engineer for technology and financial information services companies. Nakamoto reportedly turned libertarian after being laid off from his job twice in the early 1990s.

There were other clues besides his birth name. Goodman argues that Nakamoto confirmed his identity as the Bitcoin founder after she asked him about the cryptocurrency during a face-to-face interview. “I am no longer involved in that and I cannot discuss it, he allegedly replied. It’s been turned over to other people. They are in charge of it now. I no longer have any connection.”

However, in a following full-length interview with The Associated Press, Dorian Nakamoto denied all connection to Bitcoin. He said that he had never heard of it before, and that he thought that Goodman was asking about his previous work for military contractors, which was largely classified. Interestingly, in a Reddit “Ask Me Anything” interview, he stated he had misinterpreted Goodman’s question as being related to his work for Citibank. Later on the same day, the Nakamoto’s P2P Foundation account posted its first message in several years, stating: “I am not Dorian Nakamoto.”

Suspect credentials: (supposedly) a 55 year-old American man of Hungarian descent and creator of BitGold, a predecessor of Bitcoin

Sources: Skye Grey, researcher; Dominic Frisby, financial writer

In December 2013, researcher Skye Grey published results of his stylometric analysis, which indicated that the person behind Satoshi Nakamoto was a computer scientist and cryptographer named Nick Szabo.

Essentially, Grey searched for unusual turns of phrase and vocabulary patterns in particular places which you would expect a cryptography researcher to contribute to, and then evaluated the fitness of each match found by running textual similarity metrics on several pages of their writing.

Szabo is a decentralized currency enthusiast who developed the concept of “BitGold,” a pre-Bitcoin, privacy-focused digital currency, back in 1998. In his May 2011 article on Bitcoin, Szabo wrote:

“Myself, Wei Dai, and Hal Finney were the only people I know of who liked the idea (or in Dai’s case his related idea) enough to pursue it to any significant extent until Nakamoto (assuming Nakamoto is not really Finney or Dai).”

Additional research carried out by financial author Dominic Frisby, which he describes in his 2014 book titled Bitcoin: The Future of Money? also suggests that Nick Szabo is the real Satoshi. In an interview on Russia Today, Frisby said: “I’ve concluded there is only one person in the whole world that has the sheer breadth but also the specificity of knowledge and it is this chap [Nick Szabo].”

Nevertheless, Szabo has denied being Satoshi. In a July 2014 email to Frisby, he reportedly stated:

Thanks for letting me know. I’m afraid you got it wrong doxing me as Satoshi, but I’m used to it.

Suspect credentials: an American cryptographic pioneer who died in 2014 at the age of 58

Source: Andy Greenberg, Forbes (who eventually denied his own assumption)

On March 25, 2014, Forbes journalist Andy Greenberg published an article on Dorian Nakamotos alleged neighbor, a pre-Bitcoin cryptographic pioneer named Hal Finney, who received the very first BTC transaction from Nakamoto.

Interestingly, Greenberg reached out to the writing analysis consultancy Juola & Associates and asked them to compare a sample of Finney’s writing to that of Satoshi Nakamoto. Reportedly, they found that it was the closest resemblance they had yet come across including the other candidates suggested by Newsweek, Fast Company and New Yorker journalists, along with Ted Nelson and Skye Grey. However, the company established that Nakamoto’s emails to Finney more closely resemble the style that the original white paper was written in when compared to Finney’s emails.

Greenberg suggested that Finney may have been a ghostwriter for Nakamoto, or that he used his neighbor Dorian’s identity as cover. Finney denied he was Satoshi. Greenberg, after meeting Finney in person, seeing the email exchanges between him and Nakamoto, and his Bitcoin wallet’s history, concluded that Finney was telling the truth.

On Aug. 28, 2014, Hal Finney died at his home in Phoenix at the age of 58 after five years of battling amyotrophic lateral sclerosis.

Suspect credentials: a 48 year-old Australian computer scientist and businessman

Sources: Andy Greenberg, Gwern Branwen, Wired; Craig Wright (himself)

On Dec. 8, 2015, Wired published an article written by Andy Greenberg and Gwern Branwen that argued an Australian academic named Craig Steven Wright “either invented bitcoin or is a brilliant hoaxer who very badly wants us to believe he did.”

On the same day, Gizmodo ran a story that featured documents allegedly obtained by a hacker who broke into Wright’s email accounts, claiming that Satoshi Nakamoto was a joint pseudonym for Craig Steven Wright and his friend, computer forensics analyst and cyber-security expert David Kleiman, who died in 2013.

Wright promptly took down his online accounts and disappeared for several months until May 2, 2016, when he publicly declared that he is the creator of Bitcoin. Later on the same month, Wright published an apology along with a refusal to publish the proof of access to one of the earliest Bitcoin keys. Cointelegraph has published several articles on why Wright is most likely not Satoshi. Nevertheless, Wright continues to claim that he is Satoshi to this day.

In February 2018, the estate of Dave Kleiman filed a lawsuit against Wright over the rights to $5 billion worth of BTC, claiming that Wright defrauded Kleiman of virtual currency and intellectual property rights.

Suspects credentials: U.S. and German residents, occupancy and age unknown

Source: Adam Penenberg, Fast Company

In October 2013, journalist Adam Penenberg penned an article for Fast Company, where he cited circumstantial evidence suggesting that Neal King, Vladimir Oksman and Charles Bry could be Nakamoto. King and Bry reportedly live in Germany while Oksman was claimed to be based in the U.S.

Penenbergs theory revolves around the claim that King, Oksman and Bry jointly filed a patent application that contained the phrase “computationally impractical to reverse” in August 2008, which was also used in the white paper published by Nakamoto in October that year. Moreover, the domain name bitcoin.org was registered three days after the patent was filed.

All three men denied being Nakamoto when contacted by Penenberg.

Suspect credentials: a 47 year-old American technology entrepreneur

Source: Sahil Gupta, SpaceX intern

In what seems as one of the most absurd Nakamoto theories to date, Sahil Gupta, who claims to be a former intern at SpaceX, wrote a Hacker Noon post speculating that Elon Musk was probably Satoshi Nakamoto. Gupta emphasized Elon Musk’s background in economics, experience in production-level software and history of innovation to speculate that Musk could have invented Bitcoin.

The post was published in November 2017 and was soon disproved by Musk himself, who tweeted that Guptas suggestion is not true.

While there is no actual evidence that Nakamoto is a government agency, it makes for a great conspiracy theory that contains a vast amount of reasons as to why the U.S. (or any other state) would want to create Bitcoin. For instance, a 2013 Motherboard article theorized: Bitcoin could be used as a weapon against the US dollar. It could be used to fund black ops.

It then suggested a theory that Bitcoin is actually an Orwellian vehicle that would allow governments to monitor all financial transactions.

Read more here:

From Dorian Nakamoto to Elon Musk: The Incomplete List of …

Who is Satoshi Nakamoto? – CCN

Satoshi Nakamoto, creator of Bitcoin, still remains a myth to everyone. Will we ever know his true identity?

More than often, people who are newly introduced to Bitcoin have no idea that the currency is already several years old. The idea of Bitcoin was first introduced in 2008, when a man named Satoshi Nakamoto published a paper on The Cryptography Mailing list at metzdowd.com. This paper was called Bitcoin: a peer to peer electronic cash system and is still a classic among the old school Bitcoin fans. Not that much later, in 2009, he released the first Bitcoin software that enabled the world to start using Bitcoin.

[divider]CCN[/divider]

So who is Satoshi Nakamoto? This is a question that still raises eyebrows all over the cryptocurrency world. There are plenty of suggested identities, which we will tackle later in this guide. Lets take a look first at what we know about Nakamoto. The first certainty we have is that he did not work alone. He held close contact with other developers through forums and e-mails. He kept improving the source-code whilst taking advice from several other people. This continued until contacts between him and his team gradually began to fade. In the year 2010, he handed over control of the source code repository and alert key functions of the software to Gavin Andresen, another prominent figure in the Bitcoin universe. With the source code, he also gave away the Bitcoin.org domain and several other domains. After doing this, Nakamoto began to communicate less until he completely disappeared.

Nakamoto himself claims to be a 37-year old male who lives in Japan. A false statement according to many people. His use of the English language is near perfect, and the Bitcoin software was never documented in Japanese. A strange behavior for someone who claims to have lived in Japan for his entire life.

By now, you must have come to the conclusion that there is a lot of mystery surrounding Bitcoins inventor. If there is one thing the Internet likes, its mystery (or rather solving it). This led Stefan Thomas, a Swiss coder and active community member, to a great idea. He decided to look into the timestamps of Nakamotos forum posts. With over 500 posts, it had to be possible to find a pattern in it. His investigation resulted in a chart that showed a steep decline to almost no posts between the hours of 5 am, and 11 am GMT. It is very probable that Nakamoto was asleep at this time. When looking at the different time zones in the world, Nakamoto probably lives in the parts of North America that fall within the Eastern Time Zone and Central Time Zone. Parts of Central America, the Caribbean and South America are possibilities as well.

Its great to know where Nakamoto probably lives, but it still brings us nowhere closer to his real identity. Are we even talking about a single person? Some people consider him to be a team of people. A lot of prominent coders think the Bitcoin code was too well designed for one person. Dan Kaminsky, a security researcher who read the code, said that Nakamoto could either be a team of people or a pure genius.

That said, many identities have been pinned on the Bitcoin developer over the years.

Also read: Bitcoin Creator Satoshi Nakamoto Has Email Account Hacked

But the most well-known speculation to date came in March 2014. An article in the magazine Newsweek, written by journalist Leah McGrath Goodman, identified Dorian Satoshi Nakamoto. As a Japanese American living in California, he fits the bill for Newsweek. Unfortunately, Dorian Nakamoto immediately responded by denying everything. I did not create, invent or otherwise work on Bitcoin. I unconditionally deny the Newsweek report. He even filed a lawsuit against Newsweek as he had journalists camping out in front of his house and chasing him by car whenever he left. The Bitcoin community, led by Andreas Antonopoulos started a fundraising campaign to support Dorian Nakamoto.

The Newsweek report led to a worldwide interest in Satoshi Nakamotos identity. Maybe the greatest thing about this was that it made the real Nakamoto break his long silence. At the p2pfoundation website, Satoshi Nakamoto replied to his latest thread with the following words: I am not Dorian Nakamoto.

So if there is one thing we can be sure of, its the fact that we have no clue whatsoever as to who Satoshi Nakamoto really is. Is he a genius who is singlehandedly responsible for developing a revolutionary protocol? Or is Satoshi Nakamoto a pseudonym for a team of people? Nakamoto is believed to be in possession of roughly one million bitcoins. His identity remains one of the webs most questioned mysteries.

Also read: You Can Not Kill Bitcoins Founding Myth: Satoshi Nakamoto

Images from Shutterstock.

See the original post here:

Who is Satoshi Nakamoto? – CCN

The Incomplete List of People Speculated to Be Satoshi …

Ten years ago, on Jan. 3, 2009, the Bitcoin (BTC) network was created as Satoshi Nakamoto mined the genesis block, also known as block number zero.

However, the identity behind the Bitcoin creator has remained one of the biggest mysteries in the crypto community since the original white paper was published by Satoshi in October 2008.

Various journalistic investigations have attempted to unveil the person or group of individuals responsible for creating the top digital currency, but Satoshis real identity remains unknown to date. On his P2P Foundation profile which went inactive in late 2010 Nakamoto identifies as a 43-year-old male who lives in Japan, but he almost never posted on the Bitcoin forum during local daytime. Other clues, like the British spelling of words like colour and optimise, suggest he was of Commonwealth origin.

So far, the media and community have come up with numerous results of who might be the real Satoshi, none of which have been confirmed. On June 14, 2018 the United States Central Intelligence Agency (CIA) said that it could neither confirm nor deny the existence of Nakamoto after a Motherboard journalist requested information on his identity through the Freedom of Information Act (FOIA).

Heres the (incomplete) list of potential candidates.

Suspect credentials: a 38 year-old Finnish professor at the Helsinki Institute for Information Technology

Source: Joshua Davis, The New Yorker

One of the first attempts to reveal Satoshis identity dates back to October 2011, when journalist Joshua Davis wrote a piece for the New Yorker. During his quest to identify the Bitcoin creator, Davis found Michael Clear, a young graduate student in cryptography at Trinity College in Dublin, who had worked at Allied Irish Banks to improve its currency-trading software and co-authored an academic paper on peer-to-peer technology. Clear denied he was Satoshi, but offered the journalist the name of a solid fit for Nakamoto a thirty-one-year-old Finnish researcher at the Helsinki Institute for Information Technology named Vili Lehdonvirta, who used to be a video game programmer and studied virtual currencies.

However, after being contacted by Davis, Lehdonvirta also claimed he was not Satoshi. You need to be a crypto expert to build something as sophisticated as bitcoin, he said. There arent many of those people, and Im definitely not one of them.

Suspect credentials: a 49 year-old Japanese mathematician at Kyoto University

Source: Ted Nelson

On May 17, 2013, American IT pioneer, sociologist and philosopher Ted Nelson suggested that Nakamoto could be Japanese mathematician Shinichi Mochizuki of Kyoto University, who worked mostly in number theory and geometry. Nelsons evidence was largely circumstantial, however, as it mostly rested on how Mochizuki released his solution to the ABC Conjecture, one of the biggest unsolved problems in mathematics.

A few days later, Nelson told Quartz that he would donate to charity if Mochizuki denied being Satoshi Nakamoto:

If that person denies being Satoshi, I will humbly give one bitcoin (at this instant worth about $123) to any charity he selects. If he is Satoshi and denies it, at least he will feel guilty. (One month time limit on denial bitcoins are going UP.)

In July 2013, The Age reported that Mochizuki denied Nelsons claims, but did not specify the source.

Suspect credentials: a 68-year-old Japanese American man who has done classified work for major corporations and the U.S. military

Source: Leah McGrath Goodman, Newsweek

On March 6, 2014, Newsweek published a lengthy article written by journalist Leah McGrath Goodman, who identified Dorian Prentice Satoshi Nakamoto, a Japanese American male living in California as the original Bitcoin creator.

Goodman learned that Nakamoto worked as a systems engineer on classified defense projects and computer engineer for technology and financial information services companies. Nakamoto reportedly turned libertarian after being laid off from his job twice in the early 1990s.

There were other clues besides his birth name. Goodman argues that Nakamoto confirmed his identity as the Bitcoin founder after she asked him about the cryptocurrency during a face-to-face interview. I am no longer involved in that and I cannot discuss it, he allegedly replied. Its been turned over to other people. They are in charge of it now. I no longer have any connection.

However, in a following full-length interview with The Associated Press, Dorian Nakamoto denied all connection to Bitcoin. He said that he had never heard of it before, and that he thought that Goodman was asking about his previous work for military contractors, which was largely classified. Interestingly, in a Reddit Ask Me Anything interview, he stated he had misinterpreted Goodmans question as being related to his work for Citibank. Later on the same day, the Nakamotos P2P Foundation account posted its first message in several years, stating: I am not Dorian Nakamoto.

Suspect credentials: (supposedly) a 55 year-old American man of Hungarian descent and creator of BitGold, a predecessor of Bitcoin

Sources: Skye Grey, researcher; Dominic Frisby, financial writer

In December 2013, researcher Skye Grey published results of his stylometric analysis, which indicated that the person behind Satoshi Nakamoto was a computer scientist and cryptographer named Nick Szabo.

Essentially, Grey searched for unusual turns of phrase and vocabulary patterns in particular places which you would expect a cryptography researcher to contribute to, and then evaluated the fitness of each match found by running textual similarity metrics on several pages of their writing.

Szabo is a decentralized currency enthusiast who developed the concept of BitGold, a pre-Bitcoin, privacy-focused digital currency, back in 1998. In his May 2011 article on Bitcoin, Szabo wrote:

Myself, Wei Dai, and Hal Finney were the only people I know of who liked the idea (or in Dais case his related idea) enough to pursue it to any significant extent until Nakamoto (assuming Nakamoto is not really Finney or Dai).

Additional research carried out by financial author Dominic Frisby, which he describes in his 2014 book titled Bitcoin: The Future of Money? also suggests that Nick Szabo is the real Satoshi. In an interview on Russia Today, Frisby said: Ive concluded there is only one person in the whole world that has the sheer breadth but also the specificity of knowledge and it is this chap [Nick Szabo].

Nevertheless, Szabo has denied being Satoshi. In a July 2014 email to Frisby, he reportedly stated:

Thanks for letting me know. Im afraid you got it wrong doxing me as Satoshi, but Im used to it.

Suspect credentials: an American cryptographic pioneer who died in 2014 at the age of 58

Source: Andy Greenberg, Forbes (who eventually denied his own assumption)

On March 25, 2014, Forbes journalist Andy Greenberg published an article on Dorian Nakamotos alleged neighbor, a pre-Bitcoin cryptographic pioneer named Hal Finney, who received the very first BTC transaction from Nakamoto.

Interestingly, Greenberg reached out to the writing analysis consultancy Juola & Associates and asked them to compare a sample of Finneys writing to that of Satoshi Nakamoto. Reportedly, they found that it was the closest resemblance they had yet come across including the other candidates suggested by Newsweek, Fast Company and New Yorker journalists, along with Ted Nelson and Skye Grey. However, the company established that Nakamotos emails to Finney more closely resemble the style that the original white paper was written in when compared to Finneys emails.

Greenberg suggested that Finney may have been a ghostwriter for Nakamoto, or that he used his neighbor Dorians identity as cover. Finney denied he was Satoshi. Greenberg, after meeting Finney in person, seeing the email exchanges between him and Nakamoto, and his Bitcoin wallets history, concluded that Finney was telling the truth.

On Aug. 28, 2014, Hal Finney died at his home in Phoenix at the age of 58 after five years of battling amyotrophic lateral sclerosis.

Suspect credentials: a 48 year-old Australian computer scientist and businessman

Sources: Andy Greenberg, Gwern Branwen, Wired; Craig Wright (himself)

On Dec. 8, 2015, Wired published an article written by Andy Greenberg and Gwern Branwen that argued an Australian academic named Craig Steven Wright either invented bitcoin or is a brilliant hoaxer who very badly wants us to believe he did.

On the same day, Gizmodo ran a story that featured documents allegedly obtained by a hacker who broke into Wrights email accounts, claiming that Satoshi Nakamoto was a joint pseudonym for Craig Steven Wright and his friend, computer forensics analyst and cyber-security expert David Kleiman, who died in 2013.

Wright promptly took down his online accounts and disappeared for several months until May 2, 2016, when he publicly declared that he is the creator of Bitcoin. Later on the same month, Wright published an apology along with a refusal to publish the proof of access to one of the earliest Bitcoin keys. Cointelegraph has published several articles on why Wright is most likely not Satoshi. Nevertheless, Wright continues to claim that he is Satoshi to this day.

In February 2018, the estate of Dave Kleiman filed a lawsuit against Wright over the rights to $5 billion worth of BTC, claiming that Wright defrauded Kleiman of virtual currency and intellectual property rights.

Suspects credentials: U.S. and German residents, occupancy and age unknown

Source: Adam Penenberg, Fast Company

In October 2013, journalist Adam Penenberg penned an article for Fast Company, where he cited circumstantial evidence suggesting that Neal King, Vladimir Oksman and Charles Bry could be Nakamoto. King and Bry reportedly live in Germany while Oksman was claimed to be based in the U.S.

Penenbergs theory revolves around the claim that King, Oksman and Bry jointly filed a patent application that contained the phrase computationally impractical to reverse in August 2008, which was also used in the white paper published by Nakamoto in October that year. Moreover, the domain name bitcoin.org was registered three days after the patent was filed.

All three men denied being Nakamoto when contacted by Penenberg.

Suspect credentials: a 47 year-old American technology entrepreneur

Source: Sahil Gupta, SpaceX intern

In what seems as one of the most absurd Nakamoto theories to date, Sahil Gupta, who claims to be a former intern at SpaceX, wrote a Hacker Noon post speculating that Elon Musk was probably Satoshi Nakamoto. Gupta emphasized Elon Musks background in economics, experience in production-level software and history of innovation to speculate that Musk could have invented Bitcoin.

The post was published in November 2017 and was soon disproved by Musk himself, who tweeted that Guptas suggestion is not true.

While there is no actual evidence that Nakamoto is a government agency, it makes for a great conspiracy theory that contains a vast amount of reasons as to why the U.S. (or any other state) would want to create Bitcoin. For instance, a 2013 Motherboard article theorized: Bitcoin could be used as a weapon against the US dollar. It could be used to fund black ops.

It then suggested a theory that Bitcoin is actually an Orwellian vehicle that would allow governments to monitor all financial transactions.

Go here to see the original:

The Incomplete List of People Speculated to Be Satoshi …

The Incomplete List of People Speculated to Be Satoshi …

Ten years ago, on Jan. 3, 2009, the Bitcoin (BTC) network was created as Satoshi Nakamoto mined the genesis block, also known as block number zero.

However, the identity behind the Bitcoin creator has remained one of the biggest mysteries in the crypto community since the original white paper was published by Satoshi in October 2008.

Various journalistic investigations have attempted to unveil the person or group of individuals responsible for creating the top digital currency, but Satoshis real identity remains unknown to date. On his P2P Foundation profile which went inactive in late 2010 Nakamoto identifies as a 43-year-old male who lives in Japan, but he almost never posted on the Bitcoin forum during local daytime. Other clues, like the British spelling of words like colour and optimise, suggest he was of Commonwealth origin.

So far, the media and community have come up with numerous results of who might be the real Satoshi, none of which have been confirmed. On June 14, 2018 the United States Central Intelligence Agency (CIA) said that it could neither confirm nor deny the existence of Nakamoto after a Motherboard journalist requested information on his identity through the Freedom of Information Act (FOIA).

Heres the (incomplete) list of potential candidates.

Suspect credentials: a 38 year-old Finnish professor at the Helsinki Institute for Information Technology

Source: Joshua Davis, The New Yorker

One of the first attempts to reveal Satoshis identity dates back to October 2011, when journalist Joshua Davis wrote a piece for the New Yorker. During his quest to identify the Bitcoin creator, Davis found Michael Clear, a young graduate student in cryptography at Trinity College in Dublin, who had worked at Allied Irish Banks to improve its currency-trading software and co-authored an academic paper on peer-to-peer technology. Clear denied he was Satoshi, but offered the journalist the name of a solid fit for Nakamoto a thirty-one-year-old Finnish researcher at the Helsinki Institute for Information Technology named Vili Lehdonvirta, who used to be a video game programmer and studied virtual currencies.

However, after being contacted by Davis, Lehdonvirta also claimed he was not Satoshi. You need to be a crypto expert to build something as sophisticated as bitcoin, he said. There arent many of those people, and Im definitely not one of them.

Suspect credentials: a 49 year-old Japanese mathematician at Kyoto University

Source: Ted Nelson

On May 17, 2013, American IT pioneer, sociologist and philosopher Ted Nelson suggested that Nakamoto could be Japanese mathematician Shinichi Mochizuki of Kyoto University, who worked mostly in number theory and geometry. Nelsons evidence was largely circumstantial, however, as it mostly rested on how Mochizuki released his solution to the ABC Conjecture, one of the biggest unsolved problems in mathematics.

A few days later, Nelson told Quartz that he would donate to charity if Mochizuki denied being Satoshi Nakamoto:

If that person denies being Satoshi, I will humbly give one bitcoin (at this instant worth about $123) to any charity he selects. If he is Satoshi and denies it, at least he will feel guilty. (One month time limit on denial bitcoins are going UP.)

In July 2013, The Age reported that Mochizuki denied Nelsons claims, but did not specify the source.

Suspect credentials: a 68-year-old Japanese American man who has done classified work for major corporations and the U.S. military

Source: Leah McGrath Goodman, Newsweek

On March 6, 2014, Newsweek published a lengthy article written by journalist Leah McGrath Goodman, who identified Dorian Prentice Satoshi Nakamoto, a Japanese American male living in California as the original Bitcoin creator.

Goodman learned that Nakamoto worked as a systems engineer on classified defense projects and computer engineer for technology and financial information services companies. Nakamoto reportedly turned libertarian after being laid off from his job twice in the early 1990s.

There were other clues besides his birth name. Goodman argues that Nakamoto confirmed his identity as the Bitcoin founder after she asked him about the cryptocurrency during a face-to-face interview. I am no longer involved in that and I cannot discuss it, he allegedly replied. Its been turned over to other people. They are in charge of it now. I no longer have any connection.

However, in a following full-length interview with The Associated Press, Dorian Nakamoto denied all connection to Bitcoin. He said that he had never heard of it before, and that he thought that Goodman was asking about his previous work for military contractors, which was largely classified. Interestingly, in a Reddit Ask Me Anything interview, he stated he had misinterpreted Goodmans question as being related to his work for Citibank. Later on the same day, the Nakamotos P2P Foundation account posted its first message in several years, stating: I am not Dorian Nakamoto.

Suspect credentials: (supposedly) a 55 year-old American man of Hungarian descent and creator of BitGold, a predecessor of Bitcoin

Sources: Skye Grey, researcher; Dominic Frisby, financial writer

In December 2013, researcher Skye Grey published results of his stylometric analysis, which indicated that the person behind Satoshi Nakamoto was a computer scientist and cryptographer named Nick Szabo.

Essentially, Grey searched for unusual turns of phrase and vocabulary patterns in particular places which you would expect a cryptography researcher to contribute to, and then evaluated the fitness of each match found by running textual similarity metrics on several pages of their writing.

Szabo is a decentralized currency enthusiast who developed the concept of BitGold, a pre-Bitcoin, privacy-focused digital currency, back in 1998. In his May 2011 article on Bitcoin, Szabo wrote:

Myself, Wei Dai, and Hal Finney were the only people I know of who liked the idea (or in Dais case his related idea) enough to pursue it to any significant extent until Nakamoto (assuming Nakamoto is not really Finney or Dai).

Additional research carried out by financial author Dominic Frisby, which he describes in his 2014 book titled Bitcoin: The Future of Money? also suggests that Nick Szabo is the real Satoshi. In an interview on Russia Today, Frisby said: Ive concluded there is only one person in the whole world that has the sheer breadth but also the specificity of knowledge and it is this chap [Nick Szabo].

Nevertheless, Szabo has denied being Satoshi. In a July 2014 email to Frisby, he reportedly stated:

Thanks for letting me know. Im afraid you got it wrong doxing me as Satoshi, but Im used to it.

Suspect credentials: an American cryptographic pioneer who died in 2014 at the age of 58

Source: Andy Greenberg, Forbes (who eventually denied his own assumption)

On March 25, 2014, Forbes journalist Andy Greenberg published an article on Dorian Nakamotos alleged neighbor, a pre-Bitcoin cryptographic pioneer named Hal Finney, who received the very first BTC transaction from Nakamoto.

Interestingly, Greenberg reached out to the writing analysis consultancy Juola & Associates and asked them to compare a sample of Finneys writing to that of Satoshi Nakamoto. Reportedly, they found that it was the closest resemblance they had yet come across including the other candidates suggested by Newsweek, Fast Company and New Yorker journalists, along with Ted Nelson and Skye Grey. However, the company established that Nakamotos emails to Finney more closely resemble the style that the original white paper was written in when compared to Finneys emails.

Greenberg suggested that Finney may have been a ghostwriter for Nakamoto, or that he used his neighbor Dorians identity as cover. Finney denied he was Satoshi. Greenberg, after meeting Finney in person, seeing the email exchanges between him and Nakamoto, and his Bitcoin wallets history, concluded that Finney was telling the truth.

On Aug. 28, 2014, Hal Finney died at his home in Phoenix at the age of 58 after five years of battling amyotrophic lateral sclerosis.

Suspect credentials: a 48 year-old Australian computer scientist and businessman

Sources: Andy Greenberg, Gwern Branwen, Wired; Craig Wright (himself)

On Dec. 8, 2015, Wired published an article written by Andy Greenberg and Gwern Branwen that argued an Australian academic named Craig Steven Wright either invented bitcoin or is a brilliant hoaxer who very badly wants us to believe he did.

On the same day, Gizmodo ran a story that featured documents allegedly obtained by a hacker who broke into Wrights email accounts, claiming that Satoshi Nakamoto was a joint pseudonym for Craig Steven Wright and his friend, computer forensics analyst and cyber-security expert David Kleiman, who died in 2013.

Wright promptly took down his online accounts and disappeared for several months until May 2, 2016, when he publicly declared that he is the creator of Bitcoin. Later on the same month, Wright published an apology along with a refusal to publish the proof of access to one of the earliest Bitcoin keys. Cointelegraph has published several articles on why Wright is most likely not Satoshi. Nevertheless, Wright continues to claim that he is Satoshi to this day.

In February 2018, the estate of Dave Kleiman filed a lawsuit against Wright over the rights to $5 billion worth of BTC, claiming that Wright defrauded Kleiman of virtual currency and intellectual property rights.

Suspects credentials: U.S. and German residents, occupancy and age unknown

Source: Adam Penenberg, Fast Company

In October 2013, journalist Adam Penenberg penned an article for Fast Company, where he cited circumstantial evidence suggesting that Neal King, Vladimir Oksman and Charles Bry could be Nakamoto. King and Bry reportedly live in Germany while Oksman was claimed to be based in the U.S.

Penenbergs theory revolves around the claim that King, Oksman and Bry jointly filed a patent application that contained the phrase computationally impractical to reverse in August 2008, which was also used in the white paper published by Nakamoto in October that year. Moreover, the domain name bitcoin.org was registered three days after the patent was filed.

All three men denied being Nakamoto when contacted by Penenberg.

Suspect credentials: a 47 year-old American technology entrepreneur

Source: Sahil Gupta, SpaceX intern

In what seems as one of the most absurd Nakamoto theories to date, Sahil Gupta, who claims to be a former intern at SpaceX, wrote a Hacker Noon post speculating that Elon Musk was probably Satoshi Nakamoto. Gupta emphasized Elon Musks background in economics, experience in production-level software and history of innovation to speculate that Musk could have invented Bitcoin.

The post was published in November 2017 and was soon disproved by Musk himself, who tweeted that Guptas suggestion is not true.

While there is no actual evidence that Nakamoto is a government agency, it makes for a great conspiracy theory that contains a vast amount of reasons as to why the U.S. (or any other state) would want to create Bitcoin. For instance, a 2013 Motherboard article theorized: Bitcoin could be used as a weapon against the US dollar. It could be used to fund black ops.

It then suggested a theory that Bitcoin is actually an Orwellian vehicle that would allow governments to monitor all financial transactions.

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The Incomplete List of People Speculated to Be Satoshi …

Who is Satoshi Nakamoto? – Invest in Blockchain

Who is Satoshi Nakamoto?

Is he from Japan and is it even a he? Or maybe the creator of Bitcoin is a woman? Or maybe both, and Satoshi Nakamoto is the name of a group of people? No one knows.

Nonetheless, we can be sure about two things: Satoshi Nakamoto is a pseudonym and the individual or group of individuals that have used it created something genius, the first blockchain powering Bitcoin.

Multiple people have been suspected of being Satoshi Nakamoto; however, none have been able to convince the crypto community. It could be that Nakamotos true identity will always remain a mystery, which is something poetic, especially when looking at the rising value and impact of Bitcoin.

It was 2008 and the world was in shock because of yet another major crisis caused by the global financial industry.

Coincidentally, a technology with the power to disrupt this industry had been in the making. Nakamoto is said to have been working on the Bitcoin system since 2007. Once he felt confident enough about his idea, he started contacting cryptographers through a cryptography mailing list and he started discussing his idea, asking for feedback and looking for general assistance.

In the beginning of 2009, Nakamoto released an academic paper, or a white paper, in which he described his envisioned system in detail. After this, he started running the code for Bitcoin and began testing the technology.

Both the paper and the initial code were highly respected by field experts, who started to realize Nakamoto was working on something potentially world-changing. They started to help Bitcoin progress and evolve, and more people joined ranks.

As soon as Bitcoin got the attention of the mass media, it was discarded as something used for illegal transactions, fueled by the acceptance of Bitcoin by Silk Road and Wikileaks.

However, over time, more and more people started to realise the true potential of Bitcoin and a whole new industry emerged: an industry ignited by the invention of an unknown party.

So what do we know about Satoshi Nakamoto?

Although nobody has ever claimed to have actually spoken to Nakamoto, there has been plenty of online communications with him. He reached out to cryptographers and developers and communicated with individuals that helped him in the development of his creation.

From all of these chats, it can be concluded that Nakamoto was highly protective of his identity. He never spoke about anything personal and never revealed anything that could be used to identify him.

When he was asked about this, he indicated that he wanted to remain anonymous so that his invention and the creator would be completely separate. This fits the decentralised nature of Bitcoin and blockchain, as there is no central authority. He understood that once Bitcoin received mainstream attention, his persona would be linked to the technology which would only devalue his creation.

There are some things Nakamoto communicated that are worth mentioning. For instance, he made a request to Wikileaks not to accept Bitcoin as it was still in its infancy and the nature of Wikileaks would draw a lot of negative attention and forces to Bitcoin. Wikileaks followed this advice and held off using Bitcoin until it was more stable. Accepting Bitcoin turned out to be very profitable forWikileaks.

He also left a message open to interpretation in the first Bitcoin block ever to be mined. In this block, he entered the text The Times, 3 January 2009, Chancellor on brink of second bailout for bank. Theres been a lot of speculation about the meaning of this; however, since Bitcoin is a means of financial transactions and value storage, its likely a criticism on the very industry Bitcoin is currently disrupting.

In 2010, Nakamoto retreated from the online world. His last email was to Gavin Andresen, a software developer with which Nakamoto communicated and who has been highly involved in the further development of Bitcoin. Andresen replied that he was going to explain Bitcoin to the CIA, after which nothing was ever heard from Nakamoto again.

Even though it is obvious the architect of Bitcoin doesnt want to be known, the world has not stopped trying to identify him. This continuous quest seems rather pointless as someone with such deep understanding of complex cryptography and technology is very likely capable of remaining anonymous.

It is also believed that the name Satoshi Nakamoto has a meaning, for when you loosely translate the name from Japanese, you get:

Satoshi clear thinking

Naka inside

Moto foundation

On a forum on which Satoshi Nakamoto was active, the profile states that he is a 41 year old male Japanese.

Its hard to believe that any of this is true. Although many still believe Nakamoto to be Japanese, there is a lot of evidence to the contrary. His online activity was mainly during US daytime and the original Bitcoin client ran in English. Reportedly, Nakamoto hired third parties to translate this Bitcoin client to Japanese.

The excessive complexities Satoshi Nakamoto faced and overcame when developing Bitcoin give rise to the idea that it was actually created by a group of people. Bitcoin has been up and running for over 8 years now and we still havent been able to identify one person to thank for it, let alone multiple persons.

Over the years, 4 people have been believed to be Satoshi Nakamoto. Most of the evidence have been circumstantial and the Australian former academic Craig Wright, who claimed to be Nakamoto, failed twice to provide convincing evidence. With the years passing by, the chances of uncovering Nakamotos true identity grow smaller.

In fact, it can be argued that the identity of Nakamoto doesnt really matter. As Nakamoto stated, we should see the invention separate from the inventor. Bitcoin and blockchain are decentralised and owned by the network, meaning there are no central figures. The code is out and open sourced and Nakamoto is unable to control this anyway.

What does matter is the fact that Nakamoto owns about 1 million Bitcoins, and a similar amount of the forked coins, with a combined value of approximately $6.5 billion. This is because in Bitcoins early stages, he mined Bitcoin by himself. Knowing that there are about 16.5 million Bitcoins on in circulation, this means that Nakamoto owns 1/16th of the market. It makes you wonder, what will Nakamoto use this for?

All in all, the legend of Satoshi Nakamoto is a beautiful mystery that suits the complex and disruptive nature of Bitcoin and blockchain. And youll never know maybe, when Nakamotos vision has come true, the true identity of Bitcoins creator(s) will be revealed.

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Who is Satoshi Nakamoto? – Invest in Blockchain

Satoshi Nakamoto: Who is Bitcoin’s Mysterious Creator …

Whatever could be construed as a public record of Satoshi Nakamoto can be easily condensed into a span of fewer than two years. While a brief legacy’ the amount of buzz surrounding these records have kept forums, social media pages and financial experts ensconced in the possible answer to the question.

Excerpt from:

Satoshi Nakamoto: Who is Bitcoin’s Mysterious Creator …

Who is Satoshi Nakamoto? A Look at the Candidates

Bitcoin was conceived as a communal project. Designed as an open-source software and released to the public in 2009, Bitcoin was conceived with openness in mind. Functioning on an open ledger that is accessible to the public, Bitcoin is an open-source project. But for all its openness, one grand mystery remains unsolved:

Who Created Bitcoin and Who exactly is Satoshi Nakamoto?

First, lets detail what is known for certain. The first step was taken in 2007, when Nakamoto wrote the Bitcoin code1. In November 2008, Satoshi Nakamoto published his now famous White Paper, which laid the groundwork for the Bitcoin protocol2.

On January 3rd, 2009, the first ever Bitcoin block was mined, marking the creation of the cryptocurrency, it bore the message :

The Times 03/Jan/2009 Chancellor on brink of second bailout for banks

Satoshi was heavily involved with the Bitcoin community, and collaborated with them in order to modify the underlying bitcoin protocol. After two years of involvement, Nakamoto handed the reins to Gavin Andresen, and seized involvement with the Bitcoin project in December of 2010. Then, in the Spring of 2011, Nakamoto returned to leave a final message, stating in a post that he had moved on to other things, and that Bitcoin was in good hands with Gavin [Andresen] and everyone. That was the last the world heard of the secretive Bitcoin creator.

The mystery behind Nakamotos identity has only grown, as the Bitcoin community eagerly speculates who it could potentially be. Satoshi Nakamoto claims to be Japanese, born on April 5, 19753. It is unknown whether Nakamoto is male or female, or whether Nakamoto is even a single person or a group of individuals.

While Nakamotos identity remains unknown, This has not stopped enthusiasts from investigating his background and drawing up conclusions. Nakamotos use of perfect English in his posts and his publication of the White Paper has raised skepticism as to his Japanese origin. Furthermore, his occasional use of British English in the code and comments has fueled speculation that he is a native English speaker of commonwealth origin4. Additionally, Stefan Thomas, a Swiss coder and active member in the Bitcoin community, graphed the time stamps of Nakamotos more than 500 posts, showing his or her complete absence of posts between midnight am and 6 am Greenwich Time, further informing investigators as to his potential whereabouts5.

To date, there are several potential individuals suspected of being the mysterious Bitcoin creator. One of the first suggestions was Nick Szabo, a decentralized currency enthusiast who published a paper on bit gold considered to be a precursor to the first cryptocurrency. Running a reverse textual analysis, internet researcher Skye Grey found dozens of unique phrases that linked Szabos writing style to that of the original White Paper6. This evidence is only circumstantial, however, and Szabo has repeatedly denied that he is the creator of Bitcoin.

Nick Szabo, Image from The-Blockchain

Another possibility is a Japanese American man living in California, named Dorian Prentice Satoshi Nakamoto, birth name Satoshi Nakamoto. First brought up in a March 2014 Newsweek article, Leah McGrath Goodman pointed to Nakamotos training as a physicist at Cal Poly University in Pomona and libertarian background as potential indicators of his identity. Her biggest piece of evidence was his response to a question regarding Bitcoin: I am no longer involved in that and I cannot discuss it. Its been turned over to other people. They are in charge of it now. I no longer have any connection.7 This led to a wild media frenzy, which even included a car chase. However, in a later interview, he recanted his previous position, stating that he had misunderstood the reporters question, thinking it was related to his previous classified work as a military contractor8.

Dorian Prentice Satoshi Nakamoto, Image from The Verge.

Hal Finney is another potential candidate to be the mysterious Satoshi Nakamoto. Finney was a pre-bitcoin cryptographic pioneer and was only the second person after Nakamoto himself to make use of the software, file bug reports, and suggest improvements.

Furthermore, he was the first to ever receive Bitcoin, stating in an interview that [he] was the recipient of the first bitcoin transaction, when Satoshi sent ten coins to [him] as a test.9

Forbes journalist Andy Greenberg speculated after requesting aid from writing analysis consultancy Juola & Associates that Greenberg may have been the ghostwriter for Satoshi Nakamoto. Further adding to the speculation that Finney was involved with the creation of Bitcoin was his correspondence with the aforementioned Nick Szabo, and the fact that he lived only blocks apart from Dorian Prentice Satoshi Nakamoto10. At the time of his death on August 28, 2014, only circumstantial evidence pointed to Hal Finney being the original Satoshi Nakamoto.

Hal Finney, Image from Wired.

Yet another possible contender to be Satoshi Nakamoto is the Australian academic, computer engineering expert, and entrepreneur, Craig Wright. In early November of 2015, Gizmodo received an anonymous email from an individual stating that not only did he know that Craig Wright was the creator of Bitcoin, but that he had also worked for him11. On December 9, hours after Wired certified that Wright was indeed Nakamoto, the Australian Federal Police raided his home, and afterwards stating the [the] matter is unrelated to recent media reporting regarding the digital currency Bitcoin. Afterwards, Wright deleted his internet presence until May of 2016, when he stepped forward and revealed himself on Twitter as the creator of the digital currency Bitcoin12, and claimed he had the proof to back up his statement. Then, amid a torrent of skepticism, Wright retracted his statement and did not offer the extraordinary proof he claimed to have, stating that he did not have the courage to prove his identity13.

Craig Wright, Image from CCN.

In an era where information is widespread, Satoshi Nakamoto has managed to maintain his identity a complete secret. So why is uncovering Nakamotos identity so important? If Nakamoto is indeed a single individual, then he or she owns approximately 5% of the worlds Bitcoin supply, placing him or her as the 52nd richest person in the world as of December 12th14.

The implications of this wealth are considerable, beyond even the real world implications. If Satoshi Nakamoto were ever to sell the rumored 980,000 Bitcoins in his or her possession ( currently worth over $16 billion at todays price, as of 5th Jan 2018 ), the price of Bitcoin could potentially become more volatile than it already is.

Furthermore, there is significant debate as to the future of Bitcoin. Heated discussions have arisen due to some of the growing pains surrounding Bitcoin, particularly the issue of how to deal with an increase in transaction volume in the Bitcoin network. As the number of blocks increases, the Bitcoin network runs the risk of becoming overloaded. One side of the debate wants to fundamentally change the Bitcoin node by increasing the block size, in order to allow the system to process transactions more quickly. The other side of the debate sees this as a betrayal of the original concept behind Bitcoin, arguing that this would lead to increased centralization15. Identifying Bitcoins true creator would create more certainty and could potentially lay down the following steps in Bitcoins ever growing development.

Ultimately, identifying Bitcoins creator may be a quixotic endeavor. His or her complete silence since the Spring of 2011 means it is likely we will never hear from them again. Nevertheless, Bitcoin, the open source digital currency created nearly a decade ago, will continue to in spite of this mystery. The Bitcoin community will be forced to coexist with the enigma that is Satoshi Nakamoto, for the better or for the worst.

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Who is Satoshi Nakamoto? A Look at the Candidates

Satoshi Nakamoto: 9 Interesting Facts You Need To Know

Like the dramatic quest ofHollywood movieFinding Nemo,this quest of finding Satoshi Nakamoto the inventor of Bitcoin has also been dramatic.

Its fascinating to see how Bitcoin has become a multi-billion dollar thing, yet the Father of Bitcoin is still missing.

Satoshi Nakamoto made the Bitcoin software in 2008 and made it open source in January 2009.

And in 2010, Satoshi disappeared.

No one even knows what pronoun to use(he, she, or they)while referring to Satoshi Nakamoto because it is still not clear whether he/she is a person or a group of people.

Whomever Satoshi Nakamoto might be, there are some interesting facts about the entity that gave birth to this multi-billion dollar industry of cryptocurrencies.

Here are 9 interesting facts

1. Why is Satoshi Nakamoto Famous?

The name Satoshi Nakamoto is the pseudonym of the inventor of Bitcoin. In 2008, someone used this name and mailed the Bitcoin white paper to a cryptographic mailing list.

This mailing list contained renowned people who believedin decentralization and cryptography.

Thats why this name is so famous.

As is apparent from the name, its assumed that he was a Japanese man, but his flawless use of English in the white paper raises doubts about this conclusion.

2. Satoshis Net Worth

It is believed that Satoshi Nakamoto owns 1 million bitcoins(or more) which makes his present net worth at the time of writing this article to be $2.6 billion.

In 2009 January, Satoshi mined the Genesis block, andin 2010, he officially stopped communicating. Between this period, the bitcoins came into existence exist on the blockchain ledger, but they have not been used or spent. Thisproves how much Satoshi owns.

1 million BTC is a huge number which, if dumped suddenly, could wreak havoc on the crypto market. Thats why Bitcoin has also earned the title of being a Ponzi scheme-because the speculative founder owns a significant share.

3. Satoshis T-Shirts

The anonymity of Bitcoins founder has led to a mushrooming of a totally new merchandising concept. Now you can buy T-Shirts with Satoshi Nakamoto things printed on it.

Things like:

You can buy one for yourself from e-commerce sites likeZazzleandTeespring.

4. Satoshi Nakamoto is Possibly A Group Of Companies

Some even suggest that Samsung, Toshiba, Nakamichi, and Motorola together created Bitcoin, as you can tell from their names:

Satoshi Nakamoto

However, there is no official proof for such a conclusion.

5. Satoshi Nakamoto is PossiblyNick Szabo

Nick Szabo, a US computer scientist, and cryptographer is considered by some to be the founder of Bitcoin. Nick coined the concept of digital currency for the digital age by creating Bit Gold. Bit Gold was the ancestor of Bitcoin. However, it was not used by the masses because of limitations.

After analysis of Satoshis white paper, a blogger concluded that Nick Szabo was Satoshi Nakamoto. but Nick has never accepted this hypothesis.

6. Satoshi Nakamoto is PossiblyCraig Steven Wright

Craig Wright, an Australian Entrepreneur, claimed to the BBC on 2nd May 2016 to be the inventor of Bitcoin. However, when examined by core Bitcoin developers like Peter Todd, Craig was unable to provide any acceptable supporting evidence for such a claim.

Though initially, he said he would come back with relevant evidence, he failed to do so, and said on his blog that he was sorry and didnt have the courage to continue.

7. Satoshi Nakamoto is PossiblyDorian Nakamoto

In March 2014, another speculation came on the identity of Satoshi. A news source claimed that they had found Satoshi, and he lived inCalifornia, USA.

His full name, as reported, was Dorian Prentice Satoshi Nakamoto. He was aphysicist and a systems engineer who had recently been laid off by the government.

Later on, the person identified denied all such claims and said he is not the Nakamoto which everyone has been searching for.

8.Satoshi Nakamoto is PossiblyHal Finney

Hal was a cryptographer even before his involvement with Bitcoin. He was on the mailing list that received Satoshi Nakamotos Bitcoin white paper.

Hal claimed that he had been communicating with Satoshi to support his testing, which led to the speculative conclusion that he himself was Satoshi.

Hals writing style also closely resembles that of Satoshis in the Bitcoin white paper. The suspicion evaporated when he showed his email conversation with Satoshi, but that could just be a diversion tactic.

Fun fact:Hal was the first person to receive a Bitcoin transaction from Satoshi on January 12, 2009, after Satoshi mined the genesis block on3rd January 2009 at 18:15:05 GMT.

9. Fast Company Found Satoshi Nakamoto

An employee of Fast Company, a media brand, said thatNeal King, Vladimir Oksman, and Charles Bry were the group of people that created Bitcoin. This employee proved it by searching unique phrases in Satoshis white paper.

They even patented the phrase which appears on the Bitcoin white paper computationally impractical to reverse.

However, all of them have publically denied such allegations.

Whatever anyone may say or think, the anonymity factor of Satoshi Nakamoto has proven to be healthy for Bitcoin.

But theres still a big mystery here:

Where is Satoshi, what is Satoshi doing, and why is Satoshi hiding?

No one knows the truth.

I would like to end this article by quoting two very early adopters of Bitcoin, Erik Voorhees andRoger Ver(two people who are definitely worth following on Twitter).

Bitcoin is the most important invention in the history of the world since the internet.

Roger Ver, Bitcoin Jesus

Can we take a moment to reflect on the fact that the Bitcoin protocol STILL hasn’t been hacked? One of the greatest comp sci accomplishments

Erik Voorhees (@ErikVoorhees) May 13, 2015

This shows how important Bitcoin, blockchain technology, and of course, Satoshi Nakamoto all are!

And yes, Bitcoin has become more important than a single individual, but we would all love to solve this mystery once and for all.

If you know any more interesting facts that I have missed in this article, thendo let me know in the comments below!!!

And if you liked this post, dont forget to share it!

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Satoshi Nakamoto: 9 Interesting Facts You Need To Know

Who Is Satoshi Nakamoto? – bitcoinplay.net

Very little has been discovered up until today regarding the famous, or rather, the infamous personality of Satoshi Nakamoto. The individual or group of crypto developers responsible for creating the Bitcoin blockchains infrastructure, as well as the initial creation and transaction of the revolutionary digital currency, is still hidden well behind this seemingly Japanese pseudonym.

Throughout the years, all kinds of publications and major corporations, as well as the official authoritative bodies of numerous governments, have joined in the quest to reveal the face behind the name. In this regard, they have put in long hours to identify the many aspects that can provide some insight into the matter, some of which is illustrated in further detail below.

There have been numerous guesses and heated debates as to the real identity of the inventor of Bitcoin, known solely under the pseudonym Satoshi Nakamoto. Starting off with factual records, this person is the self-proclaimed developer of the Bitcoin cryptocurrency. He or she, or better yet they, were first made known to the masses in late 2008, when the actual system and its basic operative mechanisms were publicized via a mailing service.

The Bitcoin creator, whoever they may be, has taken it upon themself to bear the responsibility of opposing fiat currencies and existing financial institutions. Unavoidably so, this has turned many of the aforementioned organizations against them, thus slowing the initial progress of the most unique digital invention so far.

Regardless of their strong persistence to remain hidden away from the public eye, this persona or team is an icon in todays modern world. Despite all efforts, numerous assumptions and investigations are well underway, accompanied by the regular Satoshi Nakamoto net worth estimates and calculations.

This person is said to be the sole owner of the largest collection of this currencys crypto-coins, spread across multiple e-wallets. With wealth that size, careful tracking of its valueand more importantly, indications regarding its relocationis crucial to making reliable predictions about market shifts and exchange rates. After all, these are some of the key parameters determining successful Bitcoin trade, investment ventures, and payments.

Chronologically speaking, the life and work of Satoshi Nakamoto came only years after the first origins of the concept of cryptocurrency. Since the early 80s, there have been attempts to introduce a new kind of means of payment, ultimately leading to the decentralist movement looking to take power from the major conglomerates and distribute it among the little people.

A decade prior to Bitcoins official release, there was a similar endeavor known as Bit Gold, invented by Nick Szabo. This is often taken to be the most likely inspiration for the Bitcoin founders interest in the matter. Luckily, no overlap has been noted between the cryptocurrency proposed at the turn of the century and todays leading peer-to-peer blockchain platform supporting Bitcoin as both a commodity and a currency.

Focusing on Nakamoto, it is important to point out that prior to their release of the Bitcoin paper in 2008, no computer developer had been registered or known under the name. Considering this persons massive potential, it is rather suspicious how such talent managed to remain hidden up until this determined moment.

It was only when the essay Bitcoin: A Peer-to-Peer Electronic Cash System was sent to a group of established and renowned digital developers through a crypto mailing list that the name first started raising eyebrows. Speaking of which, the personas disappearance shortly afterward only further ignited everyones interest in the apparent eccentricity of the matter.

This short 500-word essay was Satoshis first attempt at communicating with fellow renowned developers, and they continued in the same anonymous manner over the next two years. By January 2009, Nakamoto decided to take matters beyond the Bitcoin whitepaper and actually released the coding for this Bitcoin electronic cash payment system. As an open-source establishment, the founder expected fellow colleagues of the same profession to contribute their own solutions and improvements to the system and ultimately achieve its full purpose of decentralization.

The name Satoshi Nakamoto frequented this field for the next two years, as the persona continued working on the Bitcoin system. Nakamoto mined the first block, the Genesis block, and was the first ever to perform a transaction with the initial cryptocurrency, Bitcoin, produced by the mining process. After all, there is hardly anyone better than the person who invented Bitcoin in the first place to take it to the market.

Satoshi continued their work on the system through the end of 2010, when another untraceable email from this individual or group of people was sent declaring his final retreat. Gavin Andersen and other original Bitcoin miners were left to maintain and fix bugs in the system, while Nakamoto watched their offspring flourish from a distance.

While it may seem like Bitcoin was a helpless abandoned orphan left to fend for itself, its contemporary success proves the contrary. Satoshi Nakamoto made sure of the inventions sustainability, although it is solely up to its unique features that this cryptocurrency managed to attract global interest.

The first exchange platform for the purposes of obtaining this cryptocurrency came soon afterward, and it wasnt long before the first transaction occurred in London. A single Bitcoin owner paid thousands of Bitcoins for a couple of pizzas, which is nowadays known as one of the worst trade deals in history. Considering that since the Satoshi Nakamoto white paper publication, Bitcoins max value reached an astonishing $20,000 per coin, anything short of a financial ordeal is an understatement.

Speaking of the less glowing achievements in the cryptocurrencys past, its relation to the Silk Road scandal has been one of its worst periods. The Silk Road was an established dark web trade platform which sold all kinds of illicit substances, weapons, and similar material. On the other hand, the cryptocurrency created by Satoshi Nakamoto was intended as a decentralized payment system that would remove any central authority and allow completely secure, unimpeded, yet safe and completely anonymous transactions. As such, it provided black market traders with the ultimate payment method.

Nevertheless, authorities managed to prevent further abuse, allowing growth of the actual trading platform and restoring everyones good faith in an impeccable payment system. Whats more, its use for payments, deposits, and withdrawals opened up a number of opportunities for the then-growing e-commerce industry. Investment opportunities developed as well, and Bitcoin was soon looking toward a brighter future. With the multiple new uses of the cryptocurrency that evolved from its strengthened foundations, one question continuously boggled peoples minds:

As Bitcoin started growing in value, and even after it deflated following its peak value back during the summer of 2017, obtaining Bitcoin had remained a priority. People worldwide were looking for reliable sellers, exchange platforms, online service providers, or employment options that paid in Bitcoin, not to mention investment groups. Nowadays, people can choose to invest directly in the cryptocurrency or in a mining pool thats mining new Bitcoins.

In this regard, no one could help but wonder what riches its creator has stored up. While there is no confirmation, Satoshi Nakamoto is estimated to hold a little less than a million BTC, or about 5% of its finite supply, making their wealth fluctuate within the realm of billions of dollars.

Who is Satoshi Nakamoto? From the beginning of the article, one point that is continually repeated is the lack of a clear definition as to the person or people behind the well-known pseudonym. Cryptocurrency enthusiasts are not even aware of the proper pronoun, as there are no indicators of them being male or female or one or more people.

Nevertheless, keeping in mind the immediateness of the matter and its widespread popularity, interests regarding this issue have only grown by the moment. And civilization will no doubt continue to speculate wildly in regard to the true Satoshi Nakamoto identity.

Many speculators base this guess on Szabos attempt to establish the Bit Gold digital cryptocurrency about a decade before Bitcoin even appeared. Due to similarities in the name, the format of the currency and its transaction principlesdecentralized and completely anonymousmany supported the idea of Nick Szabo being behind the pseudonym. While in the crypto development area, it would be a rather prestigious accusation, legal, real-life entities had a different viewpoint. Soon after the initial accusations, Nick denied any relation to the name.

What seems like an unlikely turn of events has led numerous people to believe that Dorian Prentice Satoshi Nakamoto was the famous inventor of the Bitcoin cryptocurrency. In fact, this Asian-origin name actually belongs to a Japanese man living in California with his mother, whose field of study surrounds physics, predominantly. While the persons birth name directly pointed to Nakamoto, there was no further evidence that he had produced the Bitcoin cash system.

In terms of claim support as we investigate who invented Bitcoin, Hal Finney definitely holds the highest percentage of speculators. After Nakamoto themself, Finney was the second person to ever gain access to the blockchain, to mine, obtain, and transact with Bitcoin, as well as fix bugs, suggest changes, and apply his own improvements to the system.

Hals correspondence (presumably staged) with the actual Nakamoto, as well as his proximity in residence to the aforementioned Dorian Nakamoto all support this specific theory. However, Finney passed away in 2014, and should any of this be true, so too did the one and only real creator of the Bitcoin cryptocurrency.

While Finney was considered the most likely, Wright is arguably the most controversial of all the Satoshi Nakamoto candidates. He was pinned with the responsibility of having developed the given cash system somewhere near the end of 2015, only to emerge in 2016 with a renewed online presence in order to announce the truth behind such speculations. However, when key initial Bitcoin miners who had been participating in and improving the system from the earliest days went on to request a form of proof, Craig Wrights claim fell short of any substantial evidence.

When specific personas from the European continent, the US, and ultimately Australia didnt have what it took to be the Satoshi Nakamoto everyone is looking for, interested parties had to look elsewhere. In search of more accurate results, interested parties analyzed the speech segments in the Bitcoin whitepaper publication and identified a perfect use of the English language, with certain slight indicators toward the British version.

This changed the direction of peoples thoughts, as they started focusing on citizens of the commonwealth rather than an Asia-based crypto-developer. Anyway, this approach has so far proven to be just as futile.

The people listed so far arent the only ones assumed to be related to the identity of Satoshi Nakamoto. Considering that there is no fixed answer to the question How much is Satoshi Nakamoto worth? people have been practically volunteering. Several companies have also been under suspicion, as well as the Tesla founder Elon Musk. Some even date back to the 20th century, as the 1998 Liberty Dollars inventor Bernard von NotHaus has also been considered a potential candidate.

Either way, while speculations abound and intertwine, the proof of the real identity is contrastingly simple. All you would need to do to prove youre the real Nakamoto is provide the key to your earliest wallets, or simply move your Bitcoin to a different destination.

Many people believe that the massive fame and widespread exposure of the Satoshi Nakamoto image are what scares the real person. However, analysts who have delved deeper into the core of Bitcoin discovered that the developer of such an electronic cash system would need to undergo serious consequences for their actions. This is so even despite its current legal status in multiple jurisdictions, and its widespread application on all kinds of platforms.

Whats more, having the truth available for everyone would inevitably cause such a massive owner of Bitcoin to suffer all kinds of hacker attacks from malicious individuals. There are such groups all over the world, developing all kinds of counter-encryption technologies to bring down the platform, or at least subject it to their dominance.

Ultimately, the cause for such fervent anonymity to protect the true Bitcoin creator lies in the constant efforts being made to stabilize the currency as such. During the years, it has definitely experienced a fair share of turbulence, causing reluctance among Bitcoin owners. If one of the biggest owners of Bitcoin were to be revealed, or even made to dump their Bitcoin into the market, the major shift in value could cause multiple platforms, businesses, and entire economic segments to crash worldwide. Imagine the chaos it would cause among all online academies, agencies, Bitcoin casinos, and other businesses that use Bitcoin.

So much talk regarding the wealthiest Bitcoin owners has inevitably got people thinking about the other Bitcoin whalesowners worth the trouble of knowing. Like anything else surrounding the cryptocurrency, the top major owners are just as complex.

The best way to describe these whales is to split them into four groups. The former group consists of active traders, miners, and owners looking to create new investments, trade, and profitable opportunities through the currency. The other three, making up the passive segment, consist of the initial traders and miners who have possibly passed away or lost their keys, a group of passive Bitcoin owners that have no way to access their crypto funds, and ultimately, a small group of criminal owners.

All in all, there is no saying that Satoshi Nakamoto isnt a part of any of these groups, or represents a standalone entity. With so little known about the person, and everything else openly revealed about the currency, enthusiasts are no less eager to continue digging in search of an answer to the matter of Satoshi Nakamoto, the alternative identity of the real Bitcoin developer.

Read the rest here:

Who Is Satoshi Nakamoto? – bitcoinplay.net

Satoshi Nakamoto Finally Revealed! A Back-Of-The-Envelope …

We can finally reveal the identity of Satoshi Nakamoto using a simple common sense argument linking both Satoshi and Gavin Andresen to the phrase back-of-the-envelope. This finding supports our previous conclusion that Gavin Andresen is Satoshi Nakamoto.

Our previous studies on the Nakamoto texts revealed that Gavin Andresen was the same author as Satoshi. Our first analysis used a simple Principal Components Analysis which clustered Gavin next to Satoshi.

Our next analysis used Eders Bootrapapped method of stylometry which placed Gavins GitHub blogs closer in style to Satoshis white paper than Satoshis other texts. This latest finding completes the triangulation leaving me with little doubt that Gavin was Satoshi all along. Here are links to our previous findings:

Opinion: Satoshi is Gavin Andresen? Stylometric PCA using Burrows Delta

Bootstrapped Gavin: Satoshi Nakamotos identity revealed!

Lets start our analysis by noticing that Satoshi has a strange idiosyncratic way of writing the phrase back-of-the-envelope. Notice the way that he punctuates this phrase with a series of dash marks. This post was sent around 2010-02-23 on the BitcoinTalk forum by Satoshi Nakamoto:

We can find this odd turn of phrase in another post dated 2010-07-17 on the infamous BitcoinTalk forum by again Satoshi Nakamoto:

But wait a second the Bitcoin developer Gavin Andresen also used this phrase on his Twitter account:

Gavin Andresen responded here to our last analysis that his writing style was similar to Satoshis style:

Gavin uses this turn of phrase also in his GitHub blogs as a title for the article MarginalTransactionCost.md.

This turn of phrase can be seen quite a few times in Gavins GitHub blog. It nearly seems like a tic or tell that he naturally lets out every once in a while. This text is from the file blockpropagation.md.

Apparently, Gavin didnt approach Satoshi until June 12, 2010, so Satoshi could not have learned the phrase from him:

We can even go back to Gavins blog postmarked Dec 11, 2008, and see that he used the turn of phrase in a comments post! This means that Gavin couldnt have learned the phrase from Satoshi.

And, as with the GitHub blogs, the turn of phrase pops up in other blog posts such as this post from November 18, 2008.

But wait theres more I was even able to find the phrase on the Bitcoin foundation site using WayBackMachine internet archive. The phrase was used by Gavin in a 2015 roadmap on the site:

We even found the phrase on Gavins personal website at http://gavinandresen.ninja/does-more-transactions-necessarily-mean-more-centralized

And just to give you an idea of how important this finding is, we did a text search of an entire corpus of texts by Satoshi candidates such as Nick Szabo, Wei Dai, Craig Wright, just to name a few. We did a grep back-of-the-envelope * search over the texts and only Satoshi and Gavin used this phrase.

This grep search comes up with some interesting occurrences of the word that we havent mentioned yet such as with Gavins BitcoinTalk forum posts. This grep search also shows that both Satoshi and Gavin used the term rough back-of-the-envelope phrase as Gavin used this also in the Foundation blog.

This finding resembles the first season of James Pattersons series Zoo in which the journalist Jamie Campbell is caught out writing an anonymous blog due to her peculiar use of the word pettifoggery.

This new finding triangulates our previous articles adding a final qualitative piece to the Satoshi puzzle. These findings are tentative but they provide an example that complements our previous studies. I am very confident at this stage that Gavin Andresen has been Satoshi Nakamoto the entire time. He has been hiding in plain sight for everyone to see.

Disclaimer: The views expressed in the article are wholly those of the author and do not represent those of, nor should they be attributed to, ZyCrypto.

Excerpt from:

Satoshi Nakamoto Finally Revealed! A Back-Of-The-Envelope …


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