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Understanding Bitcoin-Who Is Satoshi Nakamoto-Lesson 5

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Author : Bitconnect

Who is Satoshi Nakamoto. Satoshi Nakamoto is the pseudonym used by a people or group of people who invented Bitcoin. Satoshi developed the original protocol and the blockchain technology that underlies bitcoin, Satoshi’s real identity is unknown. Who is Satoshi? Satoshi Nakamoto is actually a pseudonym for either one person or a group of people, the identity is currently unknown. This entity was the creator of Bitcoin and the bitcoin whitepaper at On his P2P foundation account, he professed to be a 37-year-old Japanese native, but due to his perfect use of English and the Bitcoin software not being labelled or translated at the time into Japanese, this is called into question. Occasional use of British English in the code and comments lead to speculation that Satoshi may be of common wealth origin. People have deduced that due to the fact Satoshi’s posting times were silent between 5 – 11AM British time, at if Satoshi had a normal sleeping pattern then he would reside in the GMT -5 to GMT -6 region. People suspected of being Satoshi Nakamoto. There have been many high profile cases of people claiming to be Satoshi Nakamoto in recent years or people the media suspected of being Satoshi Nakamoto.

All of these have been debunked. One way of proving a person is Satoshi is to sign a message with the keys from the first ever blocks of Bitcoins which Satoshi mined, or the genesis block addresses. None of these could do it (or denied that they could) and some denied even being Satoshi. Nick Szabo. Nick Szabo designed ‘bit gold’ which was a precursor to Bitcoin. He was interested in digital currency and also liked to use pseudonyms. He was suspected at by many people and media outlets of being Satoshi Nakamoto, a claim he denies. The evidence he was Satoshi was only circumstantial. Dorian Nakamoto. In March 2014 an article at in the Newsweek magazine, a journalist named Leah McGrath Goodman attempted to identify a Japanese American man from California as Satoshi, as his birth name was Satoshi Nakamoto. The person in question was also a systems engineer and financial information services. The publication of this article lead to a lot of media interest, with reporters waiting near the home of Dorian Nakamoto and following him in their cars to try and get an interview. He denied making Bitcoin and even denied knowing what it was. Satoshi posted at from his P2P foundation account stating he was not Dorian Nakamoto.

Hal Finney. Hal Finney was a cryptographic engineer in the pre-bitcoin era who was also the first person to use the Bitcoin software after Satoshi Nakamoto, and to file bug reports. He also helped make improvements to the Bitcoin client. He also received the first Bitcoin transaction at He also lived not too far from the home of Dorian Nakamoto. His writing style came close to that of Satoshi Nakamoto. After people saw that he had emailed Satoshi many times, and the fact that Satoshi had sent him the first Bitcoin transaction, and the fact that Hal denied being Satoshi, he was concluded not to be Satoshi. Craig Steven Wright. Craig Wright was an Australian citizen who attempted to say he was Satoshi Nakamoto. He claimed at to be Satoshi Nakamoto and when police raided his house on a separate issue, the media suspected that he was Satoshi further. He posted in his blogs claiming to be Satoshi Nakamoto. BBC Journalists attempted to say at they saw Wright signing a message using the private keys associated with the first Bitcoin transactions. When one of the bitcoin developers looked at Wrights blog posts to check the poof, it did not contain any.

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