Who is Satoshi Nakamoto? One Person or Group?

Many famous names who put forward a project in the crypto world or are on the agenda with their comments are definitely heard. However, the name of Satoshi Nakamoto is a name in front of many names in the crypto world, and it is at the forefront both by laying the first building block of this world and still keeping its mystery.

In this article, we will try to convey all the information about Satoshi Nakamoto, with answers to the questions who is Satoshi Nakamoto, does the name Satoshi Nakamoto belong to a name or belong to the group.

Who is Satoshi Nakamoto?

Satoshi Nakamoto; The name of the person or group that developed Bitcoin, wrote the Bitcoin whitepaper, and created and distributed the original reference implementation of Bitcoin.

In other words, Bitcoin, the leader of cryptocurrencies, which has started to gain a lot of space in our lives now, was created by Satoshi Nakamoto.

The name of Satoshi Nakamoto, who is still a mystery as to who he is and whether he is a person or a group of more than one person, was first published to the whole world on October 31, 2008, and the original name was Bitcoin: A Peer-to-Peer Electronic Cash System Bitcoin: Peer-to-Peer Electronic Cash Announced with the Payment System technical article.

Some information transmitted by a user named Satoshi, who is claimed to be Satoshi Nakamoto’s own, on bitcointalk.org, known as the Bitcoin Forum, and the inferences made from the comments and explanations of this user give us a lot of information about Satoshi Nakamoto.

According to the information conveyed by the user, Satoshi Nakamoto started his first studies on Bitcoin in 2007. The domain name bitcoin.org, which is the official website of Bitcoin, was registered on August 18, 2008, according to internet records.

After the website designed for Bitcoin, which is known to have been founded or established by Satoshi Nakamoto at the same address, the technical article, which we can also call Bitcoin’s whitepaper, was first published by Satoshi Nakamoto in the cryptography section of the metzdowd.com website on October 31, 2008.

On January 9, 2009, Nakamoto launched the Bitcoin network by identifying block number 0, the Genesis block, with a reward of 50 Bitcoin (BTC) after publishing version 0.1 of the Bitcoin software on SourceForge.

The factor that makes the Genesis blog special and gives the first idea about who Satoshi Nakamoto is is embedded in this block “The Times 03/Jan/2009 Chancellor on brink of second bailout for banks.” is the text. This text has been recorded both as a date stamp on the instability of fractional reserve banking at that time, and as a cynical comment on fractional reserve banking.

According to the information shared in the P2P Foundation profile in 2012, Satoshi Nakamoto stated that he is a 37-year-old male living in Japan.

Users who have viewed messages known to belong to Satoshi Nakamoto on the Bitcoin Forum think that since these messages are written in native English, it is more likely that Satoshi Nakamoto is British rather than Japanese. The references Satoshi Nakamoto made to The Times with many terms and words used both in the forum and in the source codes made one think that he was a British person and had a special interest in England.

Laszlo Hanyecz, a good software developer after security researcher Dan Kaminsky, who first suggested the idea that the name Satoshi Nakamoto could belong to a group rather than a person, strengthened this idea by stating that the codes of Bitcoin are too perfect and wonderful to be written by a single person.

Stefan Thomas, a Swiss software engineer and active community member, reviewed more than 500 of Satoshi Nakamoto’s posts on the Bitcoin Forum, plotting a timeline of the times he was posted, including weekends, at 05:00 am in Greenwich time zone. He found that he did not post any posts to the forum between 11:00 am and 11:00 pm. Comparing this time period with the time intervals in which the posts were shared with the Japanese time, Thomas stated that Satoshi Nakamoto either did not live in Japan or had a rather strange sleep pattern compared to someone living in Japan.

Gavin Andresen, who took an active role in the software development of Bitcoin with other developers until 2010 and made all changes in the Bitcoin source code personally, transferred the source code repository and the control of the network switch in the next period, Gavin Andresen said that Satoshi Nakamoto was a great coder. but he explained that he is a bit of a strange person.

Who Could Be Satoshi Nakamoto?

Many theories have been put forward about who Satoshi Nakamoto is, and many names have come to the fore. Although some of these names are purely theoretical or as a result of a similarity, some names seriously aroused suspicion that he was Satoshi Nakamoto. Let’s examine some of these prominent names.

Who is Dorian Satoshi Nakamoto?

Dorian Satoshi Nakamoto; He is a half-Japanese half-American person living in California, educated as a physicist at Poly University in the Ponomo prefecture, and previously worked as a systems engineer on classified defense projects and as a computer engineer in technology and financial information services companies.

Journalist Leah McGrath Goodman, who was among the researchers about who she was after Satoshi Nakamoto became a famous name, talked about Dorian Prentice Satoshi Nakamoto with her full name on March 6, 2014 in Newsweek magazine, and indeed there is a person with this name. informed everyone.

In his article, Goodman wrote that in a meeting with Dorian Satoshi Nakamoto, he admitted that “he was among the founders of Bitcoin, but left the team”. After the article was published, Dorian Nakamoto suddenly became the center of attention of all people and therefore journalists. Many people even set up camp near Dorian Nakamoto’s home, secretly waiting for him, taking action to meet and interview him.

Later on the same day, after a 5-year silence from Satoshi Nakamoto’s P2P Foundation account, “I am not Dorian Nakamoto.” A message has been published. Dorian Nakamoto, on the other hand, claimed that Goodman’s confession came about as a misunderstanding of a comment he made about his previous job at Citibank.

Although Dorian Nakamoto relaxed a little after these developments, when it was revealed that Satoshi Nakamoto’s P2P Foundation account was hacked after about 6 months, the authenticity of the previous message began to be discussed.

Who is Hal Finney?

Harold Thomas Finney as his full name; He was the pre-Bitcoin cryptographic pioneer and the first person other than Nakamoto himself to use the software, file bug reports and make improvements. In addition, the person who made the first Bitcoin transfer was Hal Finney, who sent Bitcoin to Satoshi Nakamoto.

Apart from these two cases, Forbes journalist Andy Greenberg discovered that Finney lived a few blocks away from a man named Dorian Satoshi Nakamoto. Based on this information, Greenberg asked the writing analysis consulting firm Juola & Associates to compare a sample of Finney’s writing with Nakamoto’s.

The company that made the comparison determined that among the many candidates previously suggested by Newsweek, Fast Company, The New Yorker, and Ted, the article closest to Satoshi Nakamoto’s was by Hal Finney.

Greenberg suspected that Satoshi Nakamoto was Hal Finney, and that Finney was using the name of his neighbor, Dorian Satoshi Nakamoto, to disguise himself. Later, in his meeting with Hal Finney, Greenberg admitted that this suspicion was unfounded after seeing the e-mail exchanges between Finney and Nakamoto and his Bitcoin wallet history.

Later, when the analysis company Juola & Associates analyzed the e-mails Satoshi Nakamoto sent to Hal Finney, he said that the writing style in these e-mails was more similar to Hal Finney than Satoshi Nakamoto, but whether Hal Finney was Satoshi Nakamoto remained in doubt.

Who is Nick Szabo?

Nicholas Nick Szabo, by his full name, is a computer scientist, legal scholar and cryptographer known for his research on digital contracts and digital currency.

Skye Gray, a writer in December 2013, suspected that Nick Szabo might be relevant to Bitcoin whitepaper, or even Satoshi Nakamoto, using an analysis technique described as stylometric analysis.

Nick Szabo is known as someone who likes to use pseudonyms as well as being very interested in the topic of decentralized currency. There is also a high level of similarity between the “Bit Gold” white paper published by Nick Szabo in 1998 and the Bitcoin whitepaper.

Since the similarity between Bit Gold and Bitcoin technical articles is a subject that attracted the attention of the famous billionaire Elon Musk, Musk was also among the names claiming that Nick Szabo is Satoshi Nakamoto. However, Nick Szabo denied that he was Satoshi Nakamoto and said that he did not think that the idea he presented with Bit Gold, which he published a long time ago, would be adopted by anyone other than Wei Dai and Hal Finney.

Who is Craig Wright?

Craig Steven Wright, by his full name, is an Australian computer scientist and businessman.

On December 8, 2015, Wired magazine wrote that Craig Wright was the founder or part of Bitcoin’s founding team, but he was deceiving people by hiding it. After this article, Wright and his wife did not respond to this claim in any way, and Craig Wright closed his Twitter account.

On the same day, a web blog named Gizmodo made a claim that a hacker had hacked into Wright’s e-mail accounts and that, with the evidence he obtained, the name Satoshi Nakamoto was a joint alias of Craig Steven Wright and forensic analyst David Kleiman, who died in 2013. published.

Craig Wright later denied the allegations, citing reports that he was not Satoshi Nakamoto. Although Wright’s evidence and reports are supported by Jon Matonis, former director of the Bitcoin Foundation, and Bitcoin developer Gavin Andresen, a group of Bitcoin supporters was not convinced by this report and evidence.

Subsequent reports raised the possibility that the information presented as evidence was a hoax, while Wired acknowledged that allegations that Wright was Nakamoto cast further suspicion. Then, Bitcoin developer Peter Todd said that Wright’s blog post, which appeared to contain cryptographic evidence, actually contained nothing of that kind, while Jeff Garzik said that the evidence publicly provided by Wright did not prove anything, Dan Kaminsky concluded that Wright’s claim was deliberate fraud.

After all this process, in May 2019, Craig Wright appealed to the UK’s libel law against those who slandered him by denying that he was the founder of Bitcoin.

Who Else Could It Be Satoshi Nakamoto?

Apart from these names, the claims that many names are Satoshi Nakamoto from time to time have never been missing from the agenda.

Joshua Davis, in a 2011 article in The New Yorker, identified Nakamoto’s identity as Finnish economic sociologist Dr. He claimed to have limited it to a number of possible people, including Vili Lehdonvirta and Irish student Michael Clear, who was an undergraduate in cryptography in 2008.

In 2011, investigative journalist Adam Penenberg of Fast Company; Neal King cited circumstantial evidence suggesting that Vladimir Oksman and Charles Bry might be Nakamotos. All 3 people denied that they were Satoshi Nakamoto.

In May 2013, Ted Nelson claimed that Nakamoto was the Japanese mathematician Shinichi Mochizuki. Later, The Age newspaper published an article claiming that Mochizuki denied these speculations but did not cite a source for the denial. In the same year, an article in Vice magazine; Gavin Andresen listed Jed McCaleb or a government agency as possible candidates to become Nakamoto.

Also in 2013, two Israeli mathematicians Dorit Ron and Adi Shamir published a paper claiming a link between Nakamoto and Ross Ulbricht. The duo based their suspicions on analysis of the Bitcoin transaction network, but later retracted their claims.

In 2016, the Financial Times said that Nakamoto could be a group of people, including Hal Finney, Nick Szabo, and Adam Back, as potential members. Later, YouTube channel Barely Sociable claimed that Adam Back, the inventor of Bitcoin’s predecessor Hashcash, was Nakamoto, but Adam Back denied this.

On November 28, 2017, on medium.com, a former SpaceX intern claimed that Elon Musk was Satoshi Nakamoto, but the claim was denied by Elon Musk.

In 2019, journalist Evan Ratliff claimed that drug dealer Paul Le Roux could be Nakamoto.

Frequently Asked Questions About Satoshi Nakamoto

As the name of Satoshi Nakamoto keeps its mystery day by day, the questions about him continue to increase day by day. In this section, we will try to answer the most frequently asked questions about Satoshi Nakamoto.

How Much Is Satoshi Nakamoto’s Wealth?

It is known that Satoshi Nakamoto holds 1,125,150 BTC in his Bitcoin wallet. This shows that with the current Bitcoin price, Satoshi Nakamoto is currently among the richest people in the world.

What is Satoshi Nakamoto Article?

The article, which is frequently mentioned as the Satoshi Nakamoto Bitcoin article, is the technical article of Bitcoin, namely the whitepaper. If you want to review the article in its original language in English, you can click here.

Where is Satoshi Nakamoto from?

The whereabouts of Satoshi Nakamoto is still a mystery, but according to his P2P Foundation profile, he is Japanese. However, many posts on the Internet about Satoshi Nakamoto mention that he is more likely to be British than Japanese.

What is Satoshi Nakamoto’s Wallet and Address?

Satoshi Nakamoto has his own Bitcoin wallet. Satoshi Nakamoto wallet address containing 1.125.150 BTC is “1PaaUYurb9xgZczccVaqQm7cZ8xjYZ98vr” and you can click here to review all the details of the wallet.

Is Satoshi Nakamoto Dead?

It is not known for certain whether Satoshi Nakamoto is currently alive or dead. The issue of whether Nakamoto, who has not been posted and whose entry has not been seen in the Bitcoin Forum since 2011, where he has been active, is dead or not, remains a mystery at the moment, although it has rotted a little after the message about Dorian Satoshi Nakamoto.

How Old is Satoshi Nakamoto?

Satoshi Nakamoto stated his date of birth as April 5, 1975 in his P2P Foundation profile. Based on this information, we can say that Nakamoto was 46 years old at the time of publication of this article, but this information is only a claim.

Where is Satoshi Nakamoto Statue?

A statue was erected in Budapest, Hungary in 2021 in memory of Satoshi Nakamoto. While there are no facial features or signs of a person on the statue, it was stated that the statue was erected to commemorate Nakamoto, who is the founder of the crypto world, as well as to draw attention to cryptocurrencies and blockchain technology.

Esat Demirtas

Since the day Bitcoin first entered our lives, my path has always crossed with cryptocurrencies and blockchain technology, and now I have turned my focus here, and when I realized that this world is brand new but complex, I decided to convey my humble knowledge to people who want to explore this world through the Binansal website.