Who Invented Bitcoin?

0 11
Avatar for Kimot
Written by
3 years ago

y seems easy to answer, since most companies, inventions and products are proud of their owners. Except for Bitcoin, its inventor preferred to hide and not appear, perhaps he was not looking for personal glory, or perhaps he was afraid of central governments because his product contradicted them, or perhaps it is one of the governments in themselves.

In this article, we will discuss the most important personalities that were mentioned by the media as the ones who invented Bitcoin.

Satoshi Nakamoto:

The inventor of Bitcoin bears the name “Satoshi Nakamoto,” and this label appeared after the Bitcoin White Paper was announced, showing how it works. One of the secrets that the Bitcoin inventor holds is that little is known about him. It basically disappeared after the release of the Bitcoin Worksheet, and by virtue of the creative way Bitcoin works and how it provides a decentralized payment tool that is not based on any party, including the personality of the inventor who seems to be working his mind on this point as well. Which made this mysterious personality grow in the eyes of many followers who consider him a genius and is cited many times when it comes to the future of digital payment in the future.

Due to the mystery surrounding the founder of Bitcoin, many characters claim to be Satoshi, but in the end they all appear to be fake. As the real character has a special key to move and perform transactions in the first currencies that were extracted with Bitcoin. Currently, Satoshi Nakamoto has nearly 1 million Bitcoins in his wallet, but he hasn't moved them since he modified them. There have been many efforts over the years looking at Nakamoto's character, but he remains elusive. Numerous individuals and names have been suggested but none of them prove to be Nakamoto without a doubt.

Here are three people who are supposed to be Satoshi Nakamoto and they are as follows

1- Dorian Nakamato

One of the most important personalities suspected of being Satoshi Nakamoto, founder of Bitcoin, but despite the similarity of his name to that of Satoshi Nakamoto, in addition to his work as a programmer throughout his youth, he vehemently denied being Satoshi Nakamoto. The character “Dorian Nakamoto” was revealed as “Satoshi Nakamoto” by Newsweek in an article published in March 2014. The publication of the article caused a slight stir in the crypto community and the broader tech community as it was the first time that a major publication had attempted to identify the identity of a creator. Bitcoin.

Newsweek claimed several similarities between Satoshi and Nakamoto. For example, both of them were supposed to have liberal tendencies and a Japanese connection. Dorian, who graduated in Physics from California Polytechnic and worked on secret defense projects, is a Japanese American. The author of the article also claimed that Nakamoto told her that he was no longer involved in bitcoins and that he had handed them over to other people. Nakamoto later denied the quote and claimed it was misunderstood. He thought a Newsweek journalist was asking him about his previous work with Citibank.

The magazine's biggest mistake was posting a picture of the Nakamoto house. As many security experts have pointed out, a quick online photo search easily revealed his exact location. While they didn't believe Dorian Nakamoto was the founder of Bitcoin, the cryptocurrency community was terrified that the magazine had revealed its details. However, this media festival was not without profit and interest for Dorian Nakamoto. A fund was allocated to collect 67 Bitcoins. The fund was the bitcoin community's way of saying "thank you". He spent bitcoins last year, and according to one estimate, this earned him $ 273,000.

2- Craig Wright


The first character, Dorian Nakamoto, vehemently denies that it is Satoshi Nakamoto. Craig Wright strives in every way to prove to the world that he is Satoshi Nakamoto. Wright was introduced to the world at the Bitcoin Investors Conference in Las Vegas in 2015. When asked about his credentials, Wright claimed that he was “part of everything” and listed his degrees, including a master's degree in statistics and two doctorate degrees. He also said that he had been involved in Bitcoin for a long time but that he kept his head hidden. Later, Wired magazine wrote a story featuring "Wright," claiming it had the strongest evidence yet of Satoshi Nakamoto's true identity.

This evidence consists of similarities in timestamps on Nakamoto Blog entries and Wright's Blog, and leaked emails and correspondence with Wright's attorney referring to the P2P Distributed Ledger. It is also assumed that Wright provided direct evidence of his involvement in one of the e-mails.

He wrote :

I have done my best to try to hide the fact that I have been managing Bitcoin since 2009.

By the end of this tax dispute with the Australian government, I think half of the world will know who I am.

On the face of it, the evidence was strong, but later articles questioned the authenticity of the evidence. For example, one article questioned the validity of timestamps on the Wright Blog. Another questioned his credentials. Slowly, but surely, evidence and facts emerged that revealed Wright's claim to be Nakamoto. Even Ethereum co-founder Vitalik Buterin, who was conservative about the Satoshi Nakamoto case, opposed Wright and denied that he was Satoshi. But Wright is not fazed by the criticism and has garnered media attention to play a prominent role in the crypto community.

He currently leads a forked Bitcoin Cash BSV.

3- Nick Szabo:


Nick Szabo is a computer engineer and legal researcher. The invention of smart contracts and Bit Gold, some argue that they were the precursors of Bitcoin . In a post describing BitGold, it reads:

A protocol by which costly, non-transferable bits can be generated over the Internet with minimal reliance on trusted third parties.

This is analogous to the concept of Bitcoin where a series of bits created by a network of computers without a leader checks and verifies transactions. Several bloggers and authors of some books have suggested that Szabo's breadth of knowledge and artifacts makes him a suitable candidate as Satoshi Nakamoto. For example, the British author compared Szabo's writing style with that of Nakamoto and found similarities. The time zones in which the posts are written also coincide with references to the work of economist “Karl Minger,” but “Szabo” also, such as “Dorian Nakamoto,” denies being Satoshi Nakamoto. The character of "Satoshi Nakamoto" would remain an unknown figure or perhaps even its personality resides in an organization or an international government, due to the creative way of working Bitcoin, which many followers and analysts saw that it is impossible to be an individual human work. All scenarios and explanations remain.

And as we indicated at the beginning of the topic, the biggest challenge facing those who claim to be Satoshi Nakamo is to move one "Bitcoin" currency that is stored in the Bitcoin wallet owned by the real Satoshi Nakamoto.

Will Satoshi appear with time and reveal himself to the world, or will things remain as they are?

2
$ 0.00
Avatar for Kimot
Written by
3 years ago

Comments