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Satoshi Nakamoto

Who is Satoshi Nakamoto : the hidden truth about Satoshi Nakamoto

Satoshi Nakamoto is the mystery name associated with first developers of Bitcoin. It was claimed that he devised the first blockchain database. Wikipedia writes “Nakamoto was the first to solve the double-spending problem for digital currency using a peer-to-peer network.” Nakamoto’s original paper is still recommended reading for anyone studying how Bitcoin works. He was interfaced in the Creation of Bitcoin up until December 2010.  Years Later, the enigmatic issue has not been resolved.

Who really is Satoshi Nakamoto?

According to blockonomi, The first step was taken in 2007, when Nakamoto wrote the Bitcoin code. In November 2008, Satoshi Nakamoto published his now famous White Paper, which laid the groundwork for the Bitcoin protocol. Nakamoto created a website with the domain name and continued to collaborate with other developers on the bitcoin software until mid-2010.

Satoshi Nakamoto

Many people have claimed, or have been claimed, to be Satoshi. The mystery figure was said to have created and deployed bitcoin’s original reference implementation.

However, the mystery behind Nakamoto’s identity has only grown, as the Bitcoin community eagerly speculates who it could potentially be. It has been a dramatic search to find out who truly is Nakamoto. While there have been numerous efforts over the years, the search for Nakamoto has proved elusive.

The history artecedent of nakamoto is so blurry. The pseudonym that is thought to refer to a person or group of people — has been fiercely debated for years. Coinsultra brought up some theories which has not been proven, they include;

*Nakamoto could be Nick Szabo ; 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 Satoshi’s white paper, a blogger concluded that Nick Szabo was Satoshi Nakamoto. but Nick has never accepted this hypothesis.

* Satoshi Nakamoto is Possibly Dorian Nakamoto – in march 2014, another speculation came on the identity of Satoshi. A news source claimed that they had found Satoshi, and he lived in California, USA. His full name, as reported, was Dorian Prentice Satoshi Nakamoto.

He was a physicist 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.

Moreover, All this claims and theories lacked basic solid evidence nor proof. Nakamoto never  disclosed any personal information while discussing technical matters. Nakamoto’s posts and writings have been forensically analysed for information, but with no tangible Findings.

Many say  He’s an English man because his works are frequently in English and his bitcoin software were never  documented or labelled in Japanese. Till date, Little is known about him. He essentially disappeared from public life, after releasing the bitcoin whitepaper.



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Crypto Stats

CryptoCurrencyUSDChange 1hChange 24hChange 7d
Bitcoin49,913 2.23 % 4.22 % 1.37 %
Ethereum1,667.3 3.34 % 6.58 % 6.47 %
Binance Coin254.08 4.22 % 11.68 % 95.78 %
Tether1.020 1.20 % 1.07 % 1.42 %
Polkadot34.49 2.84 % 1.39 % 14.20 %
Cardano1.040 3.77 % 8.16 % 18.73 %
XRP0.4772 3.16 % 1.55 % 8.64 %
Litecoin183.91 2.59 % 5.99 % 12.61 %
Chainlink28.78 7.10 % 10.38 % 10.09 %
Bitcoin Cash538.49 3.79 % 5.12 % 23.84 %