Who is Satoshi Nakamoto?

Rahul Murali
ThroughBit
Published in
2 min readSep 4, 2018

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On November 2008, a cryptography community received a document titled ‘Bitcoin: A Peer-to-Peer Electronic Cash System’ by Satoshi Nakamoto. As we enter the 10th year of Bitcoin’s existence, the identity of its fabled inventor still remains unknown.

Up until 2010, Satoshi Nakamoto, a possible pseudonym for possibly a group of people continued updating the Bitcoin source code. There were communications with the core Bitcoin community that began diminishing and Satoshi ultimately handed Gavin Andresen, a software developer the leadership of the project.

Satoshi sightings

  • In 2014, Dorian Satoshi Nakamoto a computer engineer living in Los Angeles was targeted by the media with NewsWeek running lead on the story, the face behind Bitcoin. The Japanese-American vehemently denied any involvement with Bitcoin and the story was appended after his lawyer released an official statement from Dorian.
  • Hal Finney, the computer scientist and cryptographic master was famously the first recipient of a Bitcoin transaction from Satoshi Nakamoto and the next media target. Finney too adamantly denied being Satoshi. Living in the same city as Dorian Nakamoto, Finney was battling ALS and subsequently passed away on August 2014.
  • The biggest newsmaker in this regard was an Australian computer scientist and businessman Craig Wright who proclaimed that he IS in fact, Nakamoto. In 2016, Wright held a demonstration of the verification process used in the very first Bitcoin transaction for BBC, The Economist, and GQ. His claims were pushed aside as Wright refused to make the proof public and to provide other assurances. Wright later stated that he lacked the “courage” to continue proving his identity. He did later reclaim to be Satoshi in Netflix documentary Banking on Bitcoin that included Gavin Andresen and the Winklevoss twins among others.
  • The Bitcoin Core Project, an open source project which maintains and releases Bitcoin Core software, the direct descendant of the original Bitcoin software client released by Satoshi Nakamoto. On May 2016 they took to Twitter to state that “There is currently no publicly available cryptographic proof that anyone, in particular, is Bitcoin’s creator.”

Satoshi Nakamoto, if an individual could very much be on his way to becoming one of the richest people in the world.

We are actively looking for Satoshi too, so if you find him or even better if you are this legend, please contact us at support@throughbit.com. Oh, and the coffee is on you, Satoshi.

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