Will The Real Satoshi Nakamoto Please Stand Up: Here Is What We Know Of Bitcoin’s Mysterious Founder
Nobody clearly knows about the founder of bitcoin and blockchain. Over a decade has passed but there is no clue about the real identity of the anonymous name Satoshi Nakamoto. Many theories have been made to describe the founder of the revolutionary concept of virtual currency. In this article, we have made an attempt to provide the facts that we know about the mysterious founder.
Who Is Satoshi Nakamoto?
In 2009, bitcoin was developed by an anonymous name Satoshi Nakamoto. More than a decade has passed but the real identity of the founder is still not known to the public. The name suggests that the founder is from Japan. Because Satoshi belongs to a Japanese name which means “one with wise ancestry” and the gender of the name is male. However, there is no factual evidence that he is from Japan, all of the things are believed to be from Japan. But the working hours and language of the founder are matching with the United Kingdom. This is why it is presumed that the founder is from Japan and maybe working in the U.K.
The double-spending problem in financial systems was first solved by Satoshi. Several attempts were made to create the digital currency but failed but Satoshi made it possible by developing blockchain technology. In 2008, he released the whitepaper of the World’s first digital currency; Bitcoin. In the whitepaper, it was described that bitcoin is a p2p electronic payments system.
He released the first version of the first digital currency in January 2009. He released the code and launched the first-ever block of bitcoin. After working for 1.5 years he left the development work of the project
Nobody knows why he left the project without revealing the real identity of Satoshi Nakamoto. He even didn’t take any portion of the bitcoin to be mined which have a billion dollars in today’s worth. As a result, it left the world to develop many conspiracy theories and researchers are still working hard to figure out the real identity. Now let’s take a look at what are the names that have come forward for Satoshi.
Prediction of the Identity of Satoshi Nakamoto
Newsweek magazine created a headline by associating Dorian Nakamoto as the founder of Bitcoin in 2014. But he made it clear that he had no connection with the development of cryptocurrency or bitcoin. But people used to believe that he was the founder of Bitcoin.
The magazine has provided some evidence to concretize that Dorian Nakamoto was the founder. His childhood name was Satoshi and he is Japanese. Because he had worked as a system engineer and a Physicist. He had work experience in financial system services and also a computer programmer. Moreover, his psychological tendency is also libertarian behavior for instance he insisted his daughter start a business instead of working under any government.
More importantly, when he first asked about blockchain he said that he is not working on the project anymore in that project. So he didn’t want to discuss that matter because everything was turned over to the people who were in charge. Based on all of the above factors, the magazine has revealed the name of Dorian Nakamoto as the founder of Bitcoin.
Other Names Which Are Thought to be Satoshi Nakamoto
Apart from Dorian Nakamoto, several other names are also associated with the founder of bitcoin. Here are those names:
- Paul Le Roux: He is a former encryption software programmer
- Craig Wright: He is an Australian businessman.
- Shinichi Mochizuki: He is from Japan Mathematician
- Hal Finney: He was associated with cryptography.
If you want to know more information about this then you can just visit the bitxt app. All of the above names are guessed to be Santoshi Nakamoto but nothing is certain. So, let’s see whether or not the actual identity of the founder of the revolutionary monetary system could be found. Hope you have got some idea about the founder of bitcoin. Now please share what’s your guess about the founder?