Satoshi Nakamoto

Satoshi Nakamoto

The creator of Bitcoin

Satoshi Nakamoto kim?

Who Is Satoshi Nakamoto?

In October 2008, Satoshi Nakamoto published a paper, titled “Bitcoin: A Peer-to-Peer Electronic Cash System” and released the first software that launched the Bitcoin network in January 2009. While there has been much speculation and controversy surrounding the real identity of Bitcoin’s creator, the mystery has not yet been solved with any certainty.

At this time nobody has confirmed if the creator of Bitcoin was man, woman, a group of individuals or other entities. As such the legend of Satoshi Nakamoto remains a topic of discussion which has generated a lot of different theories. Nakamoto never publicly disclosed any identifiable private details, however the work has been at times attributed to that of computer scientist Nick Szabo, developer and first Bitcoin transaction recipient, Hal Finney, as well as Craig Steven Wright, an Australian scientist among other, less likely options.

In 2020:

- A project with Satoshi Nakamoto’s namesake has been selected as the winner of the CFTC’s Project Streetlamp
- In May of 2020, Satoshi Nakamoto may have moved some of the earliest-mined Bitcoin for the first time in 11 years.

Quotes:

"We have proposed a system for electronic transactions without relying on trust."
"A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution."
"The root problem with conventional currency is all the trust that’s required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust."

Picture source: BitcoinWiki