Who Is The Creator Of Bitcoin, The Legendary Character Of Digital Currencies?
Why does the inventor of Bitcoin, the world’s most important digital currency, not want to be identified? Satoshi Nakamoto is a nickname chosen for the Bitcoin generator or unknown individuals.
The Creator Of Bitcoin, If you are looking for a modern story full of mysteries and conspiracies, rumors and facts about the unknown and mysterious founder of Bitcoin is the best.
His white papers (White Paper) Bitcoin and block China’s first database designed and also spend a pioneer in solving the problem twice (Double Spending) digital currency Hmtabhhmta through the network.
Nakamoto was active in bitcoin development until December 2010. He looked at bitcoin, not as a tool to invest and fluctuate or maintain the value of capital, but as an electronic currency that bypasses third parties. Many people claimed to be Nakamoto and many others introduced Nakamoto. To this day, however, Satoshi’s identity remains shrouded in mystery.
Nakamoto claims to have been writing code for Bitcoin since 2007. On August 18, 2008, he or one of his colleagues registered the bitcoin.org domain and created a website at that address.
On October 31, Nakamoto published white papers on the cryptocurrency mailing list at metzdowd.com, in which he introduced a digital currency called “Bitcoin: A Peer-to-Peer Electronic Cash System.”
Satoshi Nakamoto embedded message in Bitcoin Genesis block.
On January 9, 2009, Nakamoto released version 0.1 of the Bitcoin software on SourceForge (a software service for software developers) and extracted the Genesis Block or Genesis Block (the first block to be registered in each Chinese block ) of equal value. 50 bitcoins launched the network. In this block, the following message was embedded in the first transaction: “On the eve of the second rescue for the banks!”
The text referred to a news headline in the Times that was published on January 3, 2009 and was in fact an irony of banking instability. The identity of the creator of Bitcoin has once again come to the fore with the publication of a case in Coin Base. In this case, it was stated that if one day the true identity of Nakamoto is determined, it may harm the value of bitcoin.
Bitcoin is the top cryptocurrency in the world in terms of market value, But there are still many cryptocurrencies in its production.
Who created Bitcoin? Did more than one person create it? Who is Satoshi Nakamoto?
Bitcoin is run through standalone software and is mined by people called miners, and the maximum number of available bitcoins is 21 million.
By 2021, about 18.5 million bitcoins have been mined and established themselves as a “value store”.
In 2010, a small number of merchants began accepting bitcoins instead of printed currencies (banknotes). One of the first tangible goods purchased with digital currency was two pizzas, which of course took several days to satisfy the owner of the pizzeria.
Laszlo finally managed to order two pizzas for 10,000 bitcoins on June 22, 2010, which today is worth more than $ 370 million. The importance of this transaction is since at that time paying for bitcoins in exchange for goods was not common at all, and this purchase is actually a turning point for the use of bitcoins.
Laszlo who first bought pizza with Bitcoin!
Since then, other companies have started investing in foreign currency. In February 2021, Tesla bought more than $ 1 billion in bitcoin and allowed its customers to buy the company’s electric vehicles with bitcoin; But after a few months, it stopped buying under the pretext of consuming a lot of Bitcoin energy.
These cryptocurrencies also attracted technology elites. In 2012, the Winklows brothers bought $ 10 million worth of bitcoins from bitcoin investors, and in less than a year their capital more than tripled. It is estimated that the twins hold 1% of the total bitcoin on the market.
In the year 1390 (2011), Sylkrvd (Silk Road), the online marketplace for the sale of narcotics, launched Bitcoin as a payment system to its original use. Bitcoin is untraceable due to its nature and has become an ideal currency to facilitate drug trafficking on the black market. With Bitcoin, anyone could buy drugs on Silk Road without revealing their identity.
Of course, this advantage was not entirely one-sided either: in some ways, the website gave Bitcoin double legitimacy as a means of trading.
Many experts have concluded in their research that there is a connection between this website, which was blocked in 2013, and Satoshi Nakamoto.
Silkroad website
On April 23, 2011, Nakamoto sent a short e-mail to Bitcoin core developer Mike Hearn with the following subject:
Satoshi Nakamoto <satoshin@gmx.com> Sat, Apr 23, 2011, at 3:40 PM
To: Mike Hearn <mike@plan99.net>
I’ve moved on to other things. It’s in good hands with Gavin and everyone.
I do hope your BitcoinJ continues to be developed into an alternative client. It gives Java devs something to work on, and it’s easier with a simpler foundation that doesn’t have to do everything. It’ll get critical mass when impatient new users can get started using it while the other one is still downloading the blockchain.
“I have gone to another project and I am comfortable with the future of bitcoin,” he wrote, referring to the Bitcoin project.
He handed over control of the source code and network documentation to Gwyn Anderson, and transferred several related domains to various Bitcoin members, ending his involvement in the project.
An example of an email exchanged between Mike Hearn and Satoshi Nakamoto
Satoshi account in Bitcoin forum
Satoshi’s latest message on the Bitcoin forum
Hints and guesses we already know about the creator of Bitcoin:
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He lived in London while working on Bitcoin.
According to Satoshi Nakamoto’s profile at the P2P Foundation, he was probably born on April 5, 1975; But in other respects, he is a 55- to a 65-year-old programmer, a former member of the Cypriot Punk Association, and a resident of a tech neighborhood in San Francisco, California.
It can be guessed that Satoshi Nakamoto lived in London when he invented Bitcoin. An examination of Satoshi Nakamoto’s posts on Bitcoin, Bitcointalk, SourceForge contributions, emails, and other available data shows that London is the most likely place where the unknown creator of Bitcoin lived.
According to point charts for calculating Satoshi Nakamoto’s location during his tenure, locations including the United Kingdom, East America, the Pacific, Japan, and Australia are places where Satoshi Nakamoto is likely to have lived. Of course, Satoshi may mislead researchers by working at different times.
However, investigating his posts and activities, the researchers concluded that Satoshi Nakamoto was not in Japan or Australia during his time working on bitcoin. In fact, according to his message in the Genesis Bloc dated December 11, 1999, which was mentioned earlier, the most probable place is Britain.
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It had its own writing style.
Nakamoto added a double space after each sentence, without exception. This relatively strange and old habit is commonly seen in military jobs, academics, and anyone who is accustomed to using a typewriter, and makes Satoshi more than 50 years old.
In addition, evidence such as the ending spelling of words like Analyze and Organize written with ise instead of size, the English spelling of words like Color and Neighbor, and Nakamoto’s use of the word “Bloody” (British-specific words) reinforce this. They become hypotheses. Most likely not only was he British; Rather, he lived in London while working on Bitcoin.
This study does not provide fully valid evidence of Satoshi Nakamoto’s whereabouts or origin, But he makes a strong argument about where he lives.
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Nominated for the Nobel Prize.
In 2015, Bacwan Chaudhry, Professor of Finance at UCLA, nominated Satoshi Nakamoto for the Nobel Prize in Economics. According to him, the invention of Bitcoin revolutionized the economy, which deserves the Nobel Prize.
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It only communicated digitally.
According to the Times, he only communicated with other users via email and the Bitcoin forum and was not interested in meeting in person or using the phone.
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He asked WikiLeaks not to accept bitcoin as a grant.
In December 2010, after digital currency fans asked WikiLeaks to accept bitcoin as financial aid, Satoshi Nakamoto wrote in a post on a bitcoin forum:
I urge WikiLeaks not to accept bitcoin as a donation. This digital currency is still very young and can not be expected to exceed its capacity. With this amount of demand for bitcoin, it will definitely be destroyed.
Satoshi Nakamoto probably never thought at the time that the value of his invention and the cryptocurrency market would later reach $ 1 trillion.
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It may be a woman.
Since the true identity of Satoshi Nakamoto has not yet been confirmed and has become an ancient myth and an inspiring symbol, it forever represents someone who pushes for open, shared and decentralized future values. She may be a woman or a man or even a group of people.
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Maybe it’s a group of companies.
Some Bitcoin users have jokingly said that Satoshi Nakamoto could actually be a group of four Asian tech companies: Samsung (Sa), Toshi (Toshi), Nakamichi (Naka), and Motorola (Moto). Of course, there is no official proof for this conclusion!
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It has spent only about 500 bitcoins out of more than one million bitcoins.
Examining the ledgers, programmer Sergio Damian Lerner estimated that the person, believed to be Satoshi Nakamoto, had spent only about 50,000 percent of his bitcoin assets, or about the equivalent of 500 bitcoins.
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He urged the developers of Bitcoin not to emphasize the cryptocurrency issue of this digital currency.
In April 2011, this statement was sent to Gwyn Andersen’s email and was Satoshi Nakamoto’s last contact.
Possible identities of Satoshi Nakamoto
Hal Finney Vimeo
Hal Finney was a pioneer in cryptography before the invention of bitcoin and was the first person to use bitcoin software to report bugs and make corrections, other than Nakamoto himself. According to Forbes journalist Andy Greenberg, Hal Finney lived a few blocks away from Dorian Satoshi Nakamoto. Greenberg asked writing analysis consultant Patrick Joala to compare a sample of Finney’s handwriting with Nakamoto’s. They found that this was the closest resemblance to any other possible identities they had ever had. Greenberg proposed two theories:
- Finney wrote instead of Nakamoto;
- It is Nakamoto who has simply used the identity of his neighbor, Dorian, to hide his true identity.
However, after meeting with Finney, Greenberg saw the exchanged emails between him and Nakamoto, the history of the Bitcoin Hall wallet (including the first bitcoin transaction he had forgotten to pay Nakamoto), and after hearing his reasons for rejecting Nakamoto, he concluded that Finney tells the truth. Patrick Jowala also found differences between Finney and Nakamoto’s writing styles after seeing the emails.
“Finney says about her interactions with Nakamoto:
I thought I was on the side of a very smart and kind Japanese young man. Throughout my life I have had the opportunity to interact with brilliant people; Therefore, I know the characteristics of this group of people and Nakamoto was one of them.
Finney categorically denied any claim to be the creator of Bitcoin, calling any involvement in the activity a secondary one.
In 2014, Finney died of a neurological disease (ALS). In one of his last posts on a bitcoin forum, he said that the real identity of Satoshi Nakamoto is still unknown to him. ” I hope it will be valuable to my family,” he said. His bitcoin is now worth $ 64,000.
Nick Szabo
In 1373 (1994), a person named Nick Sabo came up with an idea based on which companies could conclude contracts with each other without the need for a third party.
Sabo’s idea was for contracts to be written in computer code and placed in an encrypted space, and whenever all the terms of the contract were fully implemented, the contract would be automatically completed and the transaction would be released.
Sabo later wrote a book called ” Smart Contract ” in which he explained his idea in detail; But due to the growth of China’s blockchain technology, none of Sabo’s ideas were implemented at the time.
December 2013, Sky Gray, blogger, linked Nick Sabo to Bitcoin white papers using a method called stylistic analysis. Sabo was a decentralized currency enthusiast who published an article on Gold Bit, an older digital currency than Bitcoin, and his cryptocurrency was very similar to Bitcoin.
Although Hal Finney, Wei Dai, and others have corresponded with Satoshi, and emails related to these correspondences have been made public, no emails have been exchanged between Nick Sabo and Satoshi.
In May 2011, Sabo stated in an article about the creator of Bitcoin:
Wei Dai and Hal Finney and I were the only ones interested in pursuing this case (assuming none of them were the real Nakamoto).
Dominic Frisbee, a financial writer, provided ample evidence of Sabo’s Nakamoto; But none of them proved his theory. “Sorry you are wrong, I’m not Satoshi,” Sabo told Frisbee in an email. “But many make this mistake.” Nathaniel Popper also wrote in the New York Times that there is compelling evidence that Satoshi is an American-Hungarian-American named Nick Sabo; Sabo denied the claim, saying, ” I am not Satoshi; “But thank you!”
In 2016, the Financial Times said Nakamoto might be a team of Hall Finney, Nick Sabo, and Adam Beck.
Dorian Satoshi Nakamoto
March 16, 2014 (March 16, 2014), journalist Leah McGrath Goodman, in a popular Newsweek article, identified a Japanese-American living in California as Dorian Prentice Satoshi Nakamoto. In addition to his name, Goodman clearly referred to him as the inventor of Bitcoin, citing facts.
Nakamoto as a physicist at the University of Cal Poly ( Cal Poly ) in Pomona was trained as an engineer and computer engineer systems in classified defense projects in the IT and financial services companies worked. Nakamoto was fired twice in the early 1990s and said his daughter would be released.
As the most important part of this article, Goodman wrote that in a short face-to-face interview with Nakamoto, he asked him about Bitcoin, and he also confirmed his identity as the founder of Bitcoin, saying, ” I can not say anything about this; “Because I left it and handed it over to other people who are now responsible for it.”
The publication of this article sent a wave of reporters to Dorian’s house, who chased him even while driving. However, during the next full interview, Dorian Nakamoto denied any connection to Bitcoin, saying he had never heard of the digital currency before and misinterpreted Goodman’s question about his previous work for military contractors, most of which was classified information. In addition, in an interview with Ask Me Anything, he claimed that he had misinterpreted Goodman’s question about his work at Citibank. Later, another message was published about the account being hacked, raising questions about the authenticity of the previous message.
Craig Wright
December 8, 2015, Wired wrote that Craig Steven Wright invented the Australian or bitcoin or is a hoax that he wants us to believe. Craig Wright deleted his Twitter account and neither he nor his ex-wife answered press questions. That same day, Gyzmvdv (Gizmodo) story by claiming released, apparently hacking into email accounts Wright has achieved and is known as Satoshi Nakamoto assumed name common to Craig Steven Wright and David Kleiman, a legal analyst is 1392 (2013) in the past Is. Joe Matonis, former director of the Bitcoin Foundation, and Gavin Anderson, Bitcoin developer, and Ian Gregg, cryptographer, supported Wright’s claim.
Many prominent Bitcoin promoters were not convinced by these reports, and it was suggested that there was no further evidence of fraud, which Wired also confirmed. Bitcoin developer Peter Todd said the Wright blog post contained no evidence of encryption.
Jeff Garzick, another Bitcoin developer, also confirmed that the public evidence provided by Wright did not prove anything and that security researcher Dan Kaminsky concluded that Wright’s claim was nothing more than a “deliberate fraud.”
In May 2019, Wright sued people who denied he was the inventor of Bitcoin, calling him a scammer, citing the UK Defamation Act. That same year, Wright registered the right to print white papers on Bitcoin and version 0.1 in the United States.
His team members described the record as a sign of Wright’s recognition as Satoshi Nakamoto. Later, the US Copyright Office issued a press release explaining that this claim was not true!
Elon Musk
Sahil Gupta, a former SpaceX employee, suggested in a blog post that Ilan Mask may be unlucky; But Ilan Musk rejected it in a tweet on November 28, 2017, saying that if he were Nakamoto, he would probably have chosen a better nickname for himself!
Gavin Andresen
Anderson, a Massachusetts-based software developer, worked with Nakamoto on bitcoin development. Anderson’s writings are said to be very similar to Nakamoto’s, and when Nakamoto left the project, he became the “main custodian” of the bitcoin code. Some think Nakamoto did not leave the project; Instead, Anderson abandoned only his dual identity.
Anderson’s knowledge of bitcoin is profound. He was invited to the CIA to explain bitcoin and talk to officials.
Gavin said he cut ties with team members after Satoshi learned of his conversation with the CIA. He has been a full-time supporter of the Bitcoin Foundation and stated on his website that it is a “misconception” that people active in the early years of Bitcoin are myths rich. Anderson denies being Nakamoto, and other project developers confirm this.
“It simply came to our notice then.
All previous digital currencies required a secure central trustee, and the independence of bitcoin is one of the major benefits. Bitcoin is the currency of the future, both in cyberspace and in international exchanges; Of course, it will take many years to reach that point.
According to him, the next step in the development of bitcoin is its promotion by a large company or its use as the currency of a country whose national currency has failed.
Solotshi Calder Le Roux
Powell, 46, is a Zimbabwean criminal genius who wanted to launch a service like Amazon but on the black market. He wrote free E4M encryption software; The same encryption and decryption software that Satoshi Nakamoto used to lock his one million bitcoins.
He also wrote a manifesto that was very similar to Bitcoin white papers in terms of writing style and word choice, which was published in 1988.
In 2012, he was sentenced to 25 years in prison on several charges, including drug trafficking and murder, and has been in prison ever since. It is rumored that he has not yet spent one million bitcoins.
Leroy’s name on one of his several passports is “Solothy”, which is phonetically very similar to Satoshi.
Shinichi Mochizuki
In May 2013, Ted Nelson introduced Nakamoto to the Japanese mathematician Shinichi Mochizuki.
Mochizuki, the son of an international couple, immigrated to the United States from Japan with his family at the age of fifty and graduated from the Phillips Exeter Academy in New Hampshire at the age of sixteen.
He then received his bachelor’s and doctoral degrees in mathematics from Princeton University and returned to Japan in 1994 after two years of teaching at Harvard. Mochizuki is currently a full professor at the prestigious Kyoto University in Japan.
In addition to his Japanese ancestry, Shinichi knew English Muchizuki well and had a shy and hard-working personality.
Usually, mathematicians share their findings with their colleagues and then publish them; But Muchizuki behaved unconventionally and refused to share his material before it was published or lectured on.
Just like Bitcoin, which was carefully abandoned at birth as an alien creature in the obscure corners of the Internet, Mochizuki dropped a mathematical bomb and retreated. He had created specific terms in more than a decade of separate research that even other mathematicians could not analyze.
Nelson said:
Although the evidence is plausible and convincing in my opinion, it cannot be said with certainty that Mochizrocki is the same as Nakamoto.
How can the real Nakamoto prove his identity?
- Can use its PGP.
PGP, or Online Signature, is a unique encryption program associated with a person’s username. The real Nakamoto can attach it to a post or message to reveal his identity.
- It can transfer its bitcoin assets.
Nakamoto’s fortune is estimated at more than one million bitcoins (equivalent to more than $ 1 billion). Theoretically, Nakamoto could move them to another address.
Why does the creator of Bitcoin not want his identity to be revealed?
1988 (1988), a citizen of Hawaii, Bernard von Knotthaus introduced a new currency called the Liberty Dollars; But he was sentenced to six months in prison with three years probation for violating federal law.
In 2007, the government shut down E-Gold, one of the first digital currencies, in controversial circumstances due to money laundering. In January, US Treasury Secretary Janet Yellen proposed measures to “restrict” bitcoin; Thus, the anonymity of the inventor of Bitcoin has prevented it from having unfortunate legal consequences and, to some extent, has led to its success.
In addition, one of the basic principles of bitcoin is its decentralization and it does not apply to institutions or celebrities. As mentioned earlier, Nakamoto said the main purpose of inventing bitcoin was to create an electronic payment system based on cryptography that allows both parties to a transaction to trade directly without the need for another person to be present. Disclosure of Nakamoto’s identity could lead to a drop in the value of bitcoin.
How does the inventor of Bitcoin feel about its success?
To write a story about the inventor of Bitcoin, Joshua Davis spent four months researching his possible identity:
Every time I see a news item about the increase in bitcoin value, I wonder if Satoshi sees it too. What is he thinking? Is he proud? Is it possible that one day he will finally reveal his identity? If Satoshi Nakamoto has kept his identity secret until now, it is unlikely that we will ever be able to find out who he is.
There is another simple theory that claims that Nakamoto died sometime after the invention of Bitcoin, so we have not seen any sign of his presence for eleven years.
