Who is Satoshi Nakamoto?

This is one of the mysteries that agitate the Web …
Nobody knows the father of the virtual currency called Bitcoin or knows if he really exists.

Who is Satoshi Nakamoto?

Satoshi Nakamoto would be today at the head of a huge fortune, nearly ten years after the first transaction in bitcoin, in January 2009.
Two years later, the man, or at least the activities under his pseudonym, disappear purely and simply Web. Since then, the wildest rumors circulate.
At least a dozen individuals were in turn designated as having invented the famous cryptocurrency. But the riddle has never been solved. And maybe never will be…

What is certain is that Satoshi Nakamoto left only a few traces on the Web. On the forum Bitcointalk.org, which he is the initiator, he claims to have been born in Japan on April 5, 1975, having started his work in 2007 and created the first bitcoins in 2009. He assures to have spent more than a year writing its software, in order to offer citizens an alternative to the abuses of the world of finance. The message will fly quickly.

Bitcoin in 3 dates:
2008: announcement of the birth of bitcoin.
January 12, 2009: First bitcoin transaction between Satoshi Nakamoto and Hal Finney.
October 5, 2009: first estimate of the value: 1 bitcoin = $ 0.001. today, 1 bitcoin = $ 6,500, beginning of November 2018.

A fortune in bitcoins

At this time, he is the only “minor”, that is to say, creator of this cryptocurrency, on the secure network called the blockchain.

He could have amassed a huge amount of bitcoins.
At the time, all that was not worth much. But today, some experts believe that Satoshi Nakamoto would own a stock of about 980,000 bitcoins.
That’s a fortune of nearly $ 6.4 billion (early November 2018, about 5.5 billion euros), if he came to sell its supposed reserves.

At the end of 2010, he announced his withdrawal from the project and appointed the American developer Gavin Andresen as responsible for the development of bitcoin.

A graduate of the prestigious Princeton University, the latter is among those who have been suspected of being Satoshi Nakamoto.
Officially, Gavin Andresen communicated on the Internet with the mysterious pseudonym from the first days of bitcoin, without knowing his true identity. This summer 2018, a journalist from the ZyCrypto site said, stylometry methods (comparison of writing styles) to support, that the two were one. But the interested party denied.

Hunting man

In 2014, the American magazine Newsweek claimed to have discovered the identity of the father of bitcoin. According to the journalist, Leah McGrath Goodman, retired engineer and programmer, Dorian Satoshi Nakamoto, living in a small suburban Los Angeles lodge, would have confirmed that he was the inventor of the virtual currency: “I am no longer involved and I can not talk about it. It’s now in the hands of other people. “Overnight, the man finds himself in the eye of the media storm. Journalists camp in front of his house.

In the end, the Japanese-American nit to go on the set of the Associated Press to deny. A few days later, the sentence “I’m not Dorian Nakamoto” is posted by the same profile that had announced the birth of bitcoin five years ago, reviving the “treasure hunt”.

Also present in the early days of virtual currency, Hal Finney is the first to receive a transaction in bitcoins. In the documentary Banking on Bitcoin by Christopher Cannucciari, Wired journalist Andy Greenberg says he received an anonymous e-mail revealing Hal Finney, a genius developer, living less than 4 kilometers from Dorian Satoshi Nakamoto.

The genius programmer has a profile that could match: “He is the second person to have used bitcoin, received the first transaction in this virtual currency, worked on a prototype of anonymous monetary system (…), so how is it possible that he never collaborated with Nakamoto? Or maybe he was the real creator of bitcoin and therefore Nakamoto? “He asks. Reached by Charcot’s disease, the man died in 2014. “The time when his physical abilities were beginning to diminish is roughly the same as that when Nakamoto began to disappear. Strange coincidence, “speculates the journalist.

Theories are not lacking

Another key player in the saga and precursor of bitcoin, Nick Szabo is also in the line of sight of those who seek the trace of Nakamoto. A graduate of the University of Washington, computer scientist and cryptographer, the man imagined the Gold Bit – one of the first attempts to create a decentralized digital currency – in 1998. This system never came into existence, but such similarities with bitcoin “that it is hard not to think that Nick is perhaps Satoshi”, underlines Gavin Andresen, in the documentary Banking on Bitcoin. Stylometric studies have shown similarities between the writings of Nakamoto and Nick Szabo. The latter also denied, but he never revealed his exchanges with Sakamoto to dispel doubts.

In May 2016, an Australian computer scientist, Craig Wright, tried to convince him that he himself was Sakamoto… before retracting.
Faced with this intertwining of tracks, some arm that Satoshi Nakamoto would not be a person, but several: a duet between Hal Finney to the programming and Nick Szabo to the design of the system. Or maybe a collective of computer scientists cypherpunks (or punk cryptography).

The crisis that has hit dematerialized currencies since early 2018, after a record year 2017, has perhaps for the moment diverted the attention of bitcoin fans from this manhunt. By mid-September, virtual currency had lost more than 60% of its value against the dollar in comparison with January of the same year.

Would Bitcoin’s difficulties push Satoshi Nakamoto, or those behind his name, to reveal his identity in broad daylight? This summer, a netizen claiming to be Nakamoto posted a 21-page text, presenting it as an excerpt from a forthcoming book on the origins of bitcoin…

The invisible cryptomania

The mysterious creator of bitcoin has left little trace and the few clues are often encrypted: his date of birth, 1975, would be a reference to the year of restoration of the right to own gold in the United States.

Only clear element, a document of nine pages, in perfect English, which describes in detail the functioning of the virtual currency.

You can read Bitcoin White Paper here: Click Here.

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