Bitcoin Founder, Satoshi Nakamoto’s Identity might have been Revealed…Part I
It looks like a Redditor has figured out who is behind the mysterious name.
What we’ll be talking about in this article:
Bitcoin & bitcoin halving
Satoshi Hada + Toshiaki Tanaka + Naohiko Uramoto = ?
Len Sassaman
(Part II has also been published, you can read it here)
Bitcoin halving
You’re going to see a lot of Bitcoin-related news over the coming weeks.
There are two reasons for this, cryptocurrency is currently booming in what’s known as a ‘bull’ market, indeed, a few weeks back Bitcoin’s price hit an all-time high of $73k per coin and it’s since settled in, and around the $70k mark since then. Secondly, bitcoin halving is about to take place. This is where the the reward for the miners is halved, meaning it will take longer, and more power to mine a full coin.
There have been three halving events before and following each one the price has rocketed up. In the first halving the price went from $12 to $1,170, in the second from $535 to $19,400, and in the most recent one from $8,590 to $73,628 so it’s expected that in the months following the next…
