CRYPTO NEWS AGREGATOR
Wed, Jun 3, 2020 11:00 AM by Sumit Bera

Who Is Satoshi Nakamoto?

satoshi nakamoto id

Here are the most popular versions of Nakamoto’s identity — from the craziest to the most believable ones.

On May 20, 2020, there was stated the transaction of 50 BTC that were mined in February 2009. Then, only a few people were engaged in its mining, with Hell Finney among them, known as the first cryptocurrency recipient, and the Bitcoin creator — Satoshi Nakamoto.

The community believes that Satoshi Nakamoto is not the name of a real person. Some offered a trivial explanation: a quartet of technology companies SAmsung, TOSHIba, NAKAmichi, and MOTOrola can form the name Satoshi Nakamoto, but it seems far-fetched.

There were no women among the candidates for the post of Nakamoto. The authors of all investigations are convinced that it is either a man or a group of people (most likely men).

Dorian Nakamoto

In 2014, Newsweek published perhaps the most high-profile investigation about the identity of Satoshi Nakamoto. Journalists found an American of Japanese descent named Dorian Satoshi Nakamoto in California. He was 64 years old and flatly refused to communicate with the press.

The person living in California was indeed a mathematician, physicist, and computer engineer and in the past worked on classified projects by private corporations and the US Department of Defense.

However, Dorian Nakamoto completely denied the rumors and added that the hype around him caused stress for his family and asked to respect his privacy. A day after the publication of the article, Satoshi Nakamoto's profile on the P2PFoundation website came to life to write only one message: "I'm not Dorian Nakamoto."

Faketoshi

Another “Satoshi moment” happened at the end of 2015, when the Bitcoin developers received a letter from [email protected], which was previously associated with Nakamoto. A letter with the subject line “Not this again” said: “I’m not Craig Wright”.

Craig Steven Wright, an Australian entrepreneur, and scientist is probably the only person in the world who does not refute his involvement in Bitcoin but proves to everyone around that he created the first cryptocurrency in 2008.

Wright affirmed that he was Satoshi Nakamoto. According to him, he left the project because of shame — he accused well-known developers and community representatives of striving to distribute child pornography and drugs using Bitcoin. Somehow, the version of Craig Wright, known as Faketoshi, looks rather dubious.

The Wired published an article in which journalists cited several facts that contradict this version. In particular, it was said that two PGP keys, which were believed to prove that Satoshi and Craig Wright are one person, were created retroactively. It was also mentioned that Dr. Wright may not be a doctor at all: Charles Sturt University denied that he ever awarded him the title of doctor.

Nick Szabo

Probably the most plausible version is the creation of Bitcoin by cryptographer Nick Szabo. Back in 2013, researcher Sky Gray named the reasons why he believes that Szabo is Satoshi:

  • Text analysis (only 0.1% of cryptographers can have this style);
  • Nick was looking for partners to develop the Bit Gold project a few months before the announcement of the creation of Bitcoin (after which there was no more news about Bit Gold);
  • In the white paper, Satoshi did not refer to Szabo's work, although he referred to other projects that were less similar to bitcoin;
  • The lack of reaction to Bitcoin by Szabo, although such a decentralized cryptocurrency has been in the field of his interests in a whole decade;
  • The fact that Nick changed the date of his project retroactively so that it seemed to appear after the Bitcoin project was announced.

In the 1990s, Szabo also created the concept of smart contracts, which were implemented only after 10 years. Thus, if he was Satoshi, the community would conclude that this is quite logical, but Szabo denies everything.

Elon Musk 

This theory that Elon Musk is the developer of Bitcoin has no documentary evidence, but it does have many indirect features. For example, Elon Musk is a well-known innovator, and therefore the idea of creating Bitcoin, which in the future will become the only world currency, could well have crossed his mind. Or at least he might have just created cryptocurrency in order to get the better of banks and government and make free finances for ordinary people. 

As we know very well, Elon Musk is an excellent programmer, and he is able to write code in the same programming language in which Bitcoin is written. 

Naturally, Elon Mask himself denies his involvement in the creation of bitcoin. However, everyone who was nominated for the role of Satoshi does this. Of course, if you do not take into account Faketoshi Craig Wright.

John McAfee knows who hides under this nickname 

On May 3, 2020, a cryptoveteran and fugitive US presidential candidate John McAfee gave an exclusive interview to Cointelegraph. 

McAfee believes that linguistic analysis of technical documentation, also known as stylometry, will help to reveal Satoshi to an attentive reader. In fact, this is all you need to remove the personality of Satoshi Nakamoto from the secret list. 

He mentioned that only five percent of the population put two spaces after the period. According to him, if you buy a program for determining authorship for $200 and upload Bitcoin White Paper, you will understand who that mystical Satoshi is with 99% probability.

Great mystery

As long as secrets exist, people will try to uncover them. If Bitcoin really becomes a new form of money, then the question of the creator will be more relevant than ever. Who was this man and what were his motives? Why do we not know anything about him, although he might have become fabulously rich?

It is not known whether the real name of Satoshi Nakamoto will ever be known to the community, but it is known for sure that Bitcoin works regardless of whether this happens or not.

To some extent, the story of Satoshi is the best thing that happened with the first cryptocurrency in its entire history, because then the problem of the emergence of a personality cult was solved by itself.

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