Who is Satoshi Nakamoto?. In 2009, Satoshi Nakamoto published the | by Benny Pregarz | Jan, 2024 – Medium

In 2009, Satoshi Nakamoto published the initial Bitcoin software and wrote the whitepaper. Nakamoto, whose identity is unknown, interacted with the Bitcoin community via email and online forums before progressively disappearing from view around 2010.

Though many attempts have been made, none of them have been able to determine who Nakamoto is. Although a number of people have been put forth as viable candidates, none of them have been shown to be Satoshi Nakamoto with certainty.

Satoshi Nakamoto initiated work on the Bitcoin code in the second quarter of 2007 and, on August 18, 2008, registered the domain bitcoin.org. On October 31 of the same year, Nakamoto published the Bitcoin white paper, introducing a digital cryptocurrency titled Bitcoin: A Peer-to-Peer Electronic Cash System. On January 9, 2009, Nakamoto released version 0.1 of the Bitcoin software, launching the network with the creation of the genesis block and a reward of 50 bitcoins. The coinbase transaction of this block included a note referencing a headline from The Times, possibly serving as a timestamp or commentary on banking instability.

Nakamoto collaborated on Bitcoin development until mid-2010, overseeing source code modifications personally. Control of the source code repository and network alert key was then handed over to Gavin Andresen, and Nakamoto reduced involvement in the project. Its estimated that Nakamoto owns between 750,000 and 1,100,000 bitcoins.

Satoshi Nakamoto has maintained anonymity regarding personal details while discussing technical matters. His P2P Foundation profile in 2012 claimed he was a 37-year-old male living in Japan, but some doubted this due to his proficient use of English. Speculation about Nakamoto being a team arose, with security researcher Dan Kaminsky suggesting Nakamoto could be a team of people or a genius. The use of British English in Nakamotos writings and the reference to Londons Times newspaper in the first Bitcoin block led to theories about Commonwealth origin and interest in the British government. Stefan Thomas analyzed Nakamotos forum posts, revealing an unusual sleep pattern inconsistent with someone in Japan, raising questions about Nakamotos true identity.

Most probably, we will never find out who Satoshi Nakamoto really is.

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Who is Satoshi Nakamoto?. In 2009, Satoshi Nakamoto published the | by Benny Pregarz | Jan, 2024 - Medium

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