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Telehealth abortion providers grapple with regulatory uncertainty – STAT

Youre reading the web edition of STAT Health Tech, our guide to how tech is transforming the life sciences.Sign up to get this newsletterdelivered in your inbox every Tuesday and Thursday.

Telehealth providers stay nimble amid regulatory uncertainty

A handful of online abortion medication providers told me they were anxiously awaiting theSupreme Courts ruling on mifepristone last week a decision that risks dramatically altering their operations by limiting the types of medication they could dispense via mail. Mifepristone is often used in combination with misopristol to end a pregnancy, though misopristolcan also be used on its own.

While the nations highest court maintained access to mifepristone in the short term by putting a hold on a Texas district court decision that would remove the drug from the market, telehealth abortion providers likeWispandHey Janesay theyre ready to adapt.As my colleague Sarah Owermohle reports, the case is headed to an appeals court which will address the case in the next few weeks.

In the event of a limit, Wisp said it was prepared to transition to a misopristol-only protocol a change that could take the Bay Area company a few weeks.

Kiki Freedman, head of Hey Jane, which has continued to offer mifepristone, said her team was encouraged by the Supreme Court decision. Access to medication abortion should never have been jeopardized in the first place, but we know these baseless attacks are far from over, Freedman said.

How cyber threats could impact surgeries

Late last week, STATs Lizzy Lawrence was at theCyberMed Summit, where FDA tech leaders, cybersecurity experts, and cyber safety advocates mingled wearing name badges printed on floppy disks.

By far the most illustrative part of the event, Lizzy reports, was the live clinical simulation, where the audience watched over Zoom as aGeorge Washington Universityemergency medicine resident attempted to treat patients in the midst of a fake cybersecurity attack. He had to figure out how best to treat a stroke patient without a working CT scanner, and take care of a patient in cardiac arrest without a catheter lab. Without the CT scan, for example, he had to guess based on patient behavior whether the stroke resulted from a clogged blood vessel or a brain bleed. Blood thinners would treat the clogged vessel, but fatally worsen the bleed.

Another highlight: a panel on how medical device regulation fits into the countrys security strategy. TheFDAs Suzanne Schwartzdiscussed FDAs plan with itsnew cybersecurity authorities enshrined in the omnibus, and the agencysJessica Wilkersoncautioned that securing legacy devices is a complex, ongoing issue.

Bad news for Oracle: VAs health record overhaul on pause

The federal governments multi-year, multi-billion dollarhealth records software boondogglehas hit yet another snag: TheVeterans Affairs Departmentsaid last week it was halting deployments of health record technology provided byOracle which recently acquired bid winnerCerner to focus on improving its function at handful of sites that currently use the software.

VA officials struck a conciliatory tone in adepartment press release. Veterans and clinicians said the EHR software is not meeting expectations and were holding Oracle Cerner and ourselves accountable to get this right,VA Secretary Denis McDonoughsaid.

For the past few years, weve tried to fix this plane while flying it and that hasnt delivered the results that veterans or our staff deserve, the VAsNeil Evanssaid.

AI industry tidbits

A slew of tech heavyweights and one disgraced pharma exec made major AI announcements this week:

Earnings to watch

Well get a little insight into public health tech companies performance this year as they share earnings for 2023s first quarter over the next few weeks. Ill be paying special attention toTeladocs slated for Wednesday as the company wades into weight loss drugs and doubles down on its behavioral health service,BetterHelp.(If youll also be tuning in, let me know what youre watching out for.)TalkspaceandHims & Hersannounce their earnings next week and the following.

Philipsthe health tech company embroiled in a recall of its CPAP machines already reporteda net loss of about $733 million. Its also seen some decline in its connected care business especially in sleep and respiratory care though its diagnosis and treatment sales, which include imaging and ultrasound services, offset those losses, the company said.

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CICs Ethridge: Alphabet will lose this chatbot war – Invezz

Alphabet Inc (NASDAQ: GOOGL) just announced plans of putting together two of its research teams working on artificial intelligence to expand more quickly in what has lately been the hottest area within technology.

On Thursday, Google said its combining Brain its internal research team with DeepMind a startup it bought in 2014 to accelerate its AI ambitions.

Still, Malcolm Ethridge of CIC Wealth remains bearish on the stock. Speaking with CNBCs Scott Wapner today, he said:

Market agrees with me. Look at Google share price today. This was, I imagine, meant to be a monumental announcement and the market responded with a big old yawn. So, I am still a seller.

For the year, though, Google shares are up 20% at writing. Also on Thursday, Microsoft integrated the ChatGPT technology into Viva its employee experience platform.

The new division that Alphabet Inc is calling Google DeepMind will operate under the leadership of Demis Hassabis who co-founded DeepMind.

Jeff Dean the Head of Google Research will take on a new role of Chief Scientist. On CNBCs Closing Bell, Ethridge added:

Market is confirming what I was concerned about that Alphabets ultimately going to lose this chatbot war. I just dont see where, as a shareholder in Alphabet, this turns out to be a winning bet in near term.

The news arrives more than two months after Googles Bard failed on its very first day on the job. Earlier this week, Samsung was reported considering switching from Google to Bing as the default search engine on its smartphones (read more).

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Call Me ‘DeepBrain’: Google Smushes DeepMind and Brain AI Teams Together – Yahoo News

South Korean professional Go player Lee Se-Dol (L) shakes hands with Demis Hassabis (R) co-founder of Google's artificial intelligence (AI) startup DeepMind looks after finishing the final match of the Google DeepMind Challenge Match against Google's artificial intelligence program, AlphaGo, on March 15, 2016 in Seoul, South Korea.

Demis Hassabis (right), the co-founder of DeepMind, is now going to be heading up Googles major AI division. The London-based divisions biggest claim to fame was its AlphaGo AI-based Go playing program which beat a world Go champion back in 2016.

Talk about a meeting of the minds. In another bid to add some NOx to its sputtering AI development, Google announced late Thursday that it plans to combine its two major AI teams, once kept separate, under one banner called Google DeepMind.

The Google Brain team and DeepMind staff have been separated in areas of expertise and by thousands of miles. The London-based DeepMind is a research laboratory acquired by Google (now Alphabet) in 2014. It works on creating neural networks and machine learning systems. Brain researchers are centered in Silicon Valley in California and previously worked under the Google AI research division. That teams past work has been integral to current transformer AI models that have led to our current language models and chatbots like ChatGPT. The teams latest claim to fame was Googles text-to-image AI Imagen model.

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DeepMind CEO Demis Hassabis will effectively become the grand poobah of all of Googles AI operations. The CEO publicly shared a letter to employees about the merger of divisions on Thursday. He said that the move would give the team access to more computer infrastructure and resources. The company scheduled an internal town hall set for Friday to discuss the changes with staff.

Google engineer of nearly 24 years Jeff Dean, former lead of Google Brain, will now head up Google Research as chief scientist reporting directly to CEO Sundar Pichai, according to the announcement. Effectively, Dean will direct all future AI research projects. The CEO said this move was to ensure the bold and responsible development of general AI. Pichai did seem to regularly put extra stress on the responsible part of its AI development.

Story continues

Pichai seems to be trying to get in front of criticisms for the increased pace of its AI rollout. Earlier this week, Bloomberg laid out a massive report citing dozens of former and current Google staff who were more than a little concerned about the pace of AI development. Staff members were asked to take time out of their day to test Googles Bard AI chatbot system. According to the report, workers thought Bard was worse than useless and a pathological liar that was more than likely to spit out false data. Staff begged Google to hold off on launching the AI chatbot, but Google has since talked about sticking the generative AI tools into most facets of its business, including its office apps and its massive advertising arm.

According to Bloombergs report, Google leadership including the companys AI ethics lead Jen Gennai overruled team members who wanted to hold back Bard. In January, Google laid off 6% of its global staff, equivalent to about 12,000 jobs, but the company tried to reassure staff that there were more opportunities ahead thanks to AI. Microsoft has already beat Google to the punch by putting an AI chatbot directly into its browser app. Pichai said his company plans to put Bard into its bread-and-butter Google Search, though he has yet to offer a date.

Google has struggled to maintain the image that it cares about ethics and AI. In 2020 and 2021, Google fired multiple members of its artificial intelligence research teams who were tasked withpumping the breaks on obtuse AI applications. One of those ex-Google researchers, Margaret Mitchell, wrote on Thursday that there were positives to this merging of the minds. She claimed that since she and her fellows were fired, Brain has struggled to both hire and retain its research staff, adding that the Brain brand has taken too many hits as of late.

As there seems to be more competition for AI than ever, Google is acting less like the leader in AI research it had been and more and more like a college kid who woke up too late and is now cramming for a test. Time will tell if this merge can do anything to speed up its AI development, no matter the cost.

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Has ChatGPT Finally Revealed the Identity of Satoshi Nakamoto? – BeInCrypto

ChatGPT claims to have cracked the greatest mystery in the crypto. According to the AI software, it knows the true identity of Satoshi Nakamoto, the creator of Bitcoin.

The chatbot has made forecasts full of statistics to give us its list of Satoshi Nakamoto candidates, accompanying each one with with a statistical probability.

According to ChatGPT, Nick Szabo is the most likely person to be behind Bitcoin. He wins with 30%. Hal Finney and Craig Wright are in second and third place, with 20% and 10% probabilities respectively. Note that there is also a 30% chance that the creator is in fact a group of several creators.

Nick Szabo is the most credible candidate for the chatbot, since he is both a cryptographer and a computer researcher.But still, he is one of the few people to have worked on similar projects to Bitcoin.

While these are popular names that have emerged several times, Elon MuskandSteve Jobsare often believed to have been involved in crypto. However, ChatGPT could find no direct evidence.

Finally, there would is also a 40% probability that Satoshi Nakamoto is of Asian origin. This should come as no surprise as the name has Japanese connotations.

When you think of Satoshi Nakamoto, a second question often comes to mind. Does this pseudonym refer to one very competent person, or group of individuals? Indeed,some consider that several computer scientists are hiding behind the pseudonym of the creator of Bitcoin.This is largely due to the complexity of the code, considered too difficult for a single person.

Thus, ChatGPT thinks rather that a single person would hide behind the pseudonym.

First, in the Bitcoin white paper published in 2008 by Satoshi Nakamoto, the pronoun I is used many times. Unless this is meant to be deliberately misleading, it would suggest that only one individual would be behind cryptocurrency.

But again, each time someone was designated as a potential creator of the BTC, at no time was a group of people suspected. Especially since Satoshi Nakamoto refers to a single name, without any collective affiliation.

Finally, some of the other personalities who were considered potential candidates to be Satoshi Nakamoto, like Nick Szabo and Hal Finney, are individuals rather than groups, claims ChatGPT.

Finally, the AI reminds us again of the probabilities. ChatGPT is 60% certain therefore that Satoshi Nakamoto would be an I and not an us.

However, despite the help of AI, the mystery remains. A heavy veil still weighs on the origin of the creator of the largest cryptocurrency in terms of market capitalization.

At this rate, were not sure that the mystery will ever be revealed. Even for the language model, it is difficult to provide more than guesswork as answers.

Moral of the story: Satoshi Nakamoto knew how to keep his anonymity even in the eyes of ChatGPT !

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content.

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The Elusive Satoshi Nakamoto: Last Emails Reveal Bitcoin Creator’s Thoughts Before Disappearing Over a Decade … – Bitcoin News

Twelve years ago, on this very day of April 23, 2011, a cryptic individual, known only as Satoshi Nakamoto, penned one of the final correspondences to software developer Mike Hearn. The elusive mastermind behind Bitcoin conveyed in the message that he, she, or they had moved on to other things and confidently asserted that the project was entrusted in good hands.

Following the creation of Bitcoin and the initial implementation of the technology, the enigmatic Satoshi Nakamoto vanished from the public eye in December of 2010. The last public message from the elusive innovator was issued on December 12th of that year, in which Nakamoto underscored that theres more work to do on [denial-of-service] DoS. Subsequently, Nakamoto corresponded with a few of the developers behind Bitcoin, including Mike Hearn and Gavin Andresen.

Hearn received an email from Nakamoto on April 23rd, 2011, titled Holding coins in an unspendable state for a rolling time window, in which he inquired about the possibility of Nakamotos return to the Bitcoin community. However, Nakamoto asserted that he, she, or they had moved on to other things, confidently stating that the project was in good hands with Gavin and everyone. The Bitcoin creator also expressed hope for the continued development of Bitcoinj, Mike Hearns Java version of Bitcoin, as it gives Java devs something to work on.

A few days later, Andresen received an email from Nakamoto, in which the pseudonymous innovator expressed frustration with the negative portrayal he received in the press. I wish you wouldnt keep talking about me as a mysterious shadowy figure, wrote Nakamoto. The press just turns that into a pirate currency angle. Maybe instead make it about the open-source project and give more credit to your dev contributors; it helps motivate them. This email is widely considered to be the last known communication from Bitcoins enigmatic creator to anyone.

There was speculation on March 7th, 2014, when an article in Newsweek claimed that the creator of Bitcoin was a 64-year-old Japanese-American named Dorian Nakamoto. However, a message purportedly authored by Nakamoto appeared on the P2P Foundations online forum stating, I am not Dorian Nakamoto. Since then, no additional messages from the elusive Bitcoin creator have surfaced, and the emails to Hearn and Andresen remain a poignant reminder of Nakamotos decade-long absence from public view.

What do you think happened to Satoshi Nakamoto? Share your thoughts and theories in the comments below.

Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 7,000 articles for Bitcoin.com News about the disruptive protocols emerging today.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

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Bitcoin creator mystery continues: Dorian Nakamoto speaks out, unveils government contracting past – CryptoSlate

Dorian Nakamoto denied involvement with Bitcoins development.

In a video shared by @CryptoNewsYes, Dorian Nakamoto clarified that he had nothing to do with building Bitcoin (BTC) stating that he was just an engineer doing something else.

The main reason Im here is to clear my name; that I have nothing to do with Bitcoin, nothing to do with developing.

Furthermore, he revealed that during the early development of Bitcoin in 2001, he was working as a government contractor he did not state the nature of this role.

When presented with copies of messages presumably from the Bitcointalk.org forum in which Satoshi Nakamoto communicated development progress Dorian Nakamoto said, I never communicated with Bitcoins adding that in 2010, when the messages were dated from, I was at home.

The identity of Bitcoin creator Satoshi Nakamoto is shrouded in mystery.

The Bitcoin community has put forward several likely candidates, including the late Hal Finney a cryptographer who was extensively involved in the development of Bitcoin. Finney was the first recipient of a BTC transfer, and some speculate that he sent those first Bitcoins to himself.

Programmer Nick Szabo is another popular choice. Szabo had already developed a decentralized, proof-of-work virtual currency called Bit gold, publishing its paper in 1998 more than a decade before Bitcoin rolled out.

More recently, with the discovery of the Bitcoin whitepaper embedded in every Mac operating system from Catalina onwards, there has been renewed speculation connecting Steve Jobs to Satoshi Nakamoto.

However, the individual or group that created Bitcoin is widely considered technically competent at coding and cryptography which Jobs was not.

Apple co-founder Steven Wozniak said Jobs never coded but was proficient enough at it to alter and change and add to other designs occasionally. Wozniak describes Jobs more as a visionary.

Steve didnt ever code. He wasnt an engineer and he didnt do any original design.

Public information on Dorian Nakamoto described him as an American-Japanese physicist who had adopted libertarian views after being fired from jobs multiple times.

Since being outed by Newsweek in 2014, Dorian has consistently denied being Satoshi Nakamoto saying the connection has caused him and his family frequent stress.

I did not create, invent or otherwise work on Bitcoin. I unconditionally deny the Newsweek report.

In a coincidental twist, at one point, Dorian lived close to Finney in Temple City, California.

Commitment to Transparency: The author of this article is invested and/or has an interest in one or more assets discussed in this post. CryptoSlate does not endorse any project or asset that may be mentioned or linked to in this article. Please take that into consideration when evaluating the content within this article.

Disclaimer: Our writers' opinions are solely their own and do not reflect the opinion of CryptoSlate. None of the information you read on CryptoSlate should be taken as investment advice, nor does CryptoSlate endorse any project that may be mentioned or linked to in this article. Buying and trading cryptocurrencies should be considered a high-risk activity. Please do your own due diligence before taking any action related to content within this article. Finally, CryptoSlate takes no responsibility should you lose money trading cryptocurrencies.

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Unraveling the enigma of Satoshi Nakamoto, was he Steve Jobs? maybe not – Hindustan Times

Twelve years ago, on April 23, 2011, the world of cryptocurrency witnessed a cryptic milestone when Satoshi Nakamoto, the elusive mastermind behind Bitcoin, penned one of the final correspondences to software developer Mike Hearn. The mysterious individual, who never revealed his real identity to the world, stated that he had "moved on to other things" and asserted that the project (Bitcoin) was in "good hands." Since then, Nakamoto's identity has been the subject of much speculation.

In December 2010, after the creation and initial implementation of Bitcoin, Satoshi Nakamoto vanished from the public eye. The last public message from this innovator was issued on December 12th, in which Nakamoto emphasized the need to work on denial-of-service (DoS) protection.

According to Bitcoin.com, on April 23rd, 2011, Hearn received an email from Nakamoto in which he maintained that they had "moved on to other things" and expressed confidence in the project being in "good hands with Gavin and everyone." Nakamoto also expressed hope for the continued development of Bitcoinj, Mike Hearn's Java version of Bitcoin, as it would provide Java developers with a project to work on. The email was titled, "Holding coins in an unspendable state for a rolling time window."

Bitcoin.com then unveils another email from Nakamoto, "I wish you wouldn't keep talking about me as a mysterious shadowy figure," and urged Andresen to focus on the open-source project and give more credit to the dev contributors, as it would help motivate them.

In March 2014, a Newsweek article claimed that creator of Bitcoin was a 64-year-old Japanese-American named Dorian Nakamoto. As a response message allegedly authored by Satoshi Nakamoto appeared on the P2P Foundation's online forum, stating, "I am not Dorian Nakamoto."

Years later technologist Andy Baio, in his blogpost claimed, to have stumbled upon a copy of Satoshi Nakamoto's Bitcoin white paper on his Mac computer which may have revealed his true identity. Since then several theories have been floating whether the man behind world's biggest cryptocurrency was none other than Apple co-founder Steve Jobs.

Baio's discovery sparked fresh speculation that Nakamoto could have been Steve Jobs. "Was Steve Jobs actually Satoshi Nakamoto, the creator of #bitcoin?" tweeted Lark Davis, a Bitcoin investor and blogger with 1.1 million followers. "Plus, Satoshi disappeared in December 2010, and then Jobs passed in October 2011. The timelines fit..."

There is no concrete evidence linking Jobs to the creation of Bitcoin, and the appearance of the Bitcoin white paper on Mac computers seven years after Jobs' death makes it difficult to draw a direct connection.

While the timelines of Nakamoto's disappearance and Jobs' passing do overlap, correlation does not necessarily imply causation. It's essential to consider that many individuals in the tech industry have been speculated to be Nakamoto, but none have been definitively confirmed. The identity of Satoshi Nakamoto remains one of the most intriguing mysteries in the world of cryptocurrency.

The debate over Nakamoto's identity continues, with some users agreeing with the theory, while others remain skeptical. As the enigma of Satoshi Nakamoto deepens, fans are left to wonder whether the mastermind behind Bitcoin was truly the late Apple co-founder, Steve Jobs. Regardless of the outcome, the mystery surrounding Nakamoto adds an intriguing layer to the already captivating world of cryptocurrency.

Vertika Kanaujia is Editor Audience Growth at Hindustan Times and oversees the websites coverage of business news, health, technology and internet culture. She is a Chevening Scholar and a Columbia Journalism University Fellow. Vertika has been a journalist for more than 18 years. After starting her career as a business journalist in TV she has worked with various leading news channels. You can email her at vertika.kanaujia@htdigital.in....view detail

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Satoshi’s Bitcoin White Paper Removed from Apple’s macOS – U.Today

Alex Dovbnya

Apple has removed the enigmatic Satoshi Nakamoto's Bitcoin white paper from its latest macOS Ventura beta

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Apple has recently removed the Bitcoin white paper, penned by the enigmatic Satoshi Nakamoto, from its latest macOS Ventura beta,9to5Macreports.

The white paper, which had been hidden in the macOS system files since 2018's Mojave version, was discovered by tech blogger Andy Baio. Apple never offered an official explanation for the white paper's inclusion, leading many to speculate that it was an inside joke among Apple engineers or a nod to the growing significance of cryptocurrencies.

The removal of the Bitcoin white paper has left cryptocurrency enthusiasts curious about Apple's motivations. The company has remained tight-lipped on the subject, fueling further speculation.

However, it's unclear whether Cook or other Apple executives played a role in the white paper's presence or removal.

The discovery of the Bitcoin white paper within macOS operating systems was a topic of intrigue among Apple users, sparking debates over the company's relationship with cryptocurrencies.

Some argue that the presence of the white paper could have been a subtle endorsement of Bitcoin and the blockchain technology underpinning it, while others believe it was simply a practical choice given the document's compact size, making it suitable for testing purposes.

The mystery surrounding the inclusion and subsequent removal of Satoshi Nakamoto's Bitcoin white paper from macOS remains unresolved. With Apple maintaining its silence on the matter, users are left to ponder the implications and the tech giant's stance on cryptocurrencies. In the meantime, the cryptocurrency community will be closely monitoring Apple's actions to discern any potential shifts in the company's attitude towards digital assets.

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Satoshi-Era Bitcoin Wallet Suddenly Comes to Life After Sitting Dormant for Over 12 Years – The Daily Hodl

A Bitcoin wallet that has sat dormant since 2011 has abruptly come back to life, moving $10 million worth of BTC.

First reported by whale-tracking service Whale Alert, a wallet that was last active on May 9th, 2011, suddenly sent 400 BTC worth about $10.9 million to another address.

According to Bitinfocharts, the 400 BTC was sent to a newly created address, before being sent again to another.

The whale initially bought 0.2 BTC on May 7th, 2011, for $1. He bought 100 more BTC two days later for $481, and then 900 BTC for $4,811. No other transactions are recorded, other than tiny amounts of BTC being sent to the address, likely dusting attacks, which attempt to create a connection with an address as a way to track it or wrongly associate it with a malicious actor.

At the height of the bull market in 2021, the entitys investment went up a total of 1,303,522% in ten years.

The wallet is one of several in recent weeks to come to life after laying low for more than a decade.

Days ago, blockchain tracking service Lookonchian spotted whale from 2013 that moved its stack for a 4,258% profit, a transaction that was worth more than $60 million at the time of the transfer. Another similar transaction was spotted last month.

Oftentimes, speculation on the whereabouts of Bitcoin creator Satoshi Nakamoto arises when old dormant wallets come to life with activity.

The pseudonymous Bitcoin creators last online activity was in December of 2010 on the Bitcoin Talk online forum. Satoshi is thoughtto own hundreds of thousands of Bitcoin, with blockchain researcher Sergio Lerner estimating the figure to be in excess of one million BTC.

Featured Image: Shutterstock/BT Side

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Explained | Mystery surrounding the identity of Bitcoin founder. Who is Satoshi Nakamoto? – WION

While the world of crypto currencies continues to puzzle many, the kind of impact it has had on the financial systems across the world is noteworthy. But mysteries seem to be a running theme and given its origins, it is spot on. Over a decade ago, the world witnessed a cryptic milestone when Satoshi Nakamoto developed Bitcoin, the worlds first cryptocurrency. But who is this mastermind? No one knows for sure.

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Nakamoto is said to be a pseudonym for the person or people who helped create Bitcoinbut the real identity of who he, she or they might be,continues to remain one of the biggest mysteries of the 21st century. The mysterious individual or group was the author of a 2008 white paper which outlined the theory and operating structure of the Bitcoin payment system.

Nakamotos identity continues to remain shrouded in mystery due to the lack of personal or background details about the person who would only communicate via email. One of the biggest indications that Nakamoto created Bitcoin was the famous white paper titled Bitcoin: A Peer-to-Peer Electronic Cash System.

The elusive mastermind behind the now largest cryptocurrency in the world was said to be working on the first version of the software back in 2007. Around two years later, Nakamoto created the first-ever online message board post which was dedicated to cryptocurrency, on the P2P Foundation forum.

Ive developed a new open source P2P e-cash system called Bitcoin. Its completely decentralised, with no central server or trusted parties, because everything is based on crypto proof instead of trust. Give it a try, or take a look at the screenshots and design paper, said Nakamoto, on the forum, as per Forbes.

However, in 2010, his involvement with Bitcoin ended but the cryptocurrency did not. As of 2021, at least one million Bitcoin miners were verifying the data that make up the Bitcoin blockchain and the cryptocurrency continues to remain one of the worlds largest by market cap.

It is worth noting that while the idea of digital currency was not new at the time, as reports suggest, there had been few attempts to create it. However, Nakamoto managed to solve a fundamental problem with digital currency, duplication. Unlike tangible currency like coins or paper money which could only be present at one place at a time, cryptocurrency could be duplicated which is also known as double-spending.

Since digital currency does not exist in physical space, the transaction of said currency would not be in a single persons possession. As a result, digital currency could be spent more than once. In order to overcome this issue, Nakamoto created a blockchain system of verification.

Initially, one of the solutions to circumvent this problem would be third-party intermediaries like banks which would verify if the currency has already been used by its holder. However, given the additional costs and the risk of fraud of the trust-based model, Nakamoto decided to remove the human factor altogether and proposed a decentralised approach for transactions using ledgers.

This is where the blockchain comes into play. This system adds timestamps to transaction information, and cryptographic techniques are used to encrypt the data which cannot be changed and must be validated. Subsequently, the network is required to verify the authenticity of the transactions based on a majority consensus mechanism called proof-of-work.

We know so little about the so-called father of cryptocurrency that many have questioned if Satoshi Nakamoto really does exist. However, given what is known about the mastermind behind this system, there seems to be at least one person, if not people behind it. Case in point, somebody would have to write a source code for Bitcoin, publish the white paper which began it all, send emails and even create a forum to talk about the cryptocurrency.

Several reports have quoted Nakamotos last email written on 24 April 2011 which was a short statement to another developer where the creator of Bitcoin said Ive moved on to other things and that the project was in good hands. In December 2010 following the creation and initial implementation of Bitcoin, the creator seemingly vanished from the public eye.

It was in 2014 when a final forum post credited to Nakamoto simply said, I am not Dorian Nakamoto. This came after a Newsweek magazine article published in March of that year claimed that a 64-year-old Japanese-American physicist was the creator of Bitcoin.

The report said, The trail followed by Newsweek led to a 64-year-old Japanese-American man whose name really is Satoshi Nakamoto. Although it could be said that Nakamoto did not necessarily disappear considering his identity was never revealed and anonymity would likely be his only choice to avoid public scrutiny.

There have been speculations about Tesla and SpaceX founder Elon Musk being Satoshi Nakamoto after a former intern for Musks SpaceX company Sahil Gupta, in a blog post on the website Medium suggested so. He cited the billionaires knowledge and interests which could have led him to develop a cryptocurrency like Bitcoin.

However, Musk has since denied this claim. In 2021, during a podcast by AI researcher Lex Fridman, the Tesla CEO said that he believes that the person behind the Nakamoto pseudonym is none other than cryptographic expert Nick Szabo.

He seems to be the one more responsible for the ideas behind Bitcoin than anyone else. He claims not to be Nakamoto, but I'm not sure that's neither here nor there, said Musk, as quoted by CNBC. However, Szabo had also previously denied this claim.

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Explained | Mystery surrounding the identity of Bitcoin founder. Who is Satoshi Nakamoto? - WION

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