Who Is Satoshi Nakamoto?

Who is Satoshi? Satoshi Nakamoto, who invented Bitcoin, also implemented Blockchain and deployed the first decentralized digital currency, known today as cryptocurrency.

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Satoshi Nakamoto: Beginnings

For Satoshi to succeed, he had to find a solution to the problem of double-spending.

The double-spending problem is based on easily copied digital files, so he created a consensus system that is capable of auditing digital files by eliminating trusted third parties.

Satoshi not only solved the double-expenditure problem but also found a solution for the “Two Generals Problem”, also known as the “Byzantine Generals Problem”, by implementing the Blockchain technology.

Satoshi Nakamoto is a pseudo name for a person or persons who have managed to remain anonymous since 2008.

When it comes to Satoshi’s timeline, the actual interaction with the people he did only lasted about two years.

Throughout those two years, no one has met him personally, nor have I spoken to him via Skype or any other type of voice call.

About one hundred thousand words that have been written by Satoshi can be found publicly, which helps us to conclude his personality.

He uses a Japanese pseudo name, while having a German email address, but only communicates in English and often uses British expressions, but that is not always the case.

To design and create the Bitcoin network, Satoshi had to be an expert in several fields, such as C++ programming, decentralized databases, Peer-to-Peer networking, monetization policy and economics, game theory and, of course, cryptography.

Read also: Bitcoin: Evolution Over Time

Because of these skill sets, there is much speculation that Satoshi is a pseudo name for a group of people or at least a small team, but considering what we learned from his first writing, it suggests that he is an individual.

When it comes to Satoshi’s possible candidates, there are a lot of theories and speculations that it could be Dorian Nakamoto, Charlie Lee, Craig Wright, Gavin Andresen, Shinichi Mochizuki, Dave Kleinman, Elon Musk and many more.

But there is also speculation that Satoshi is the government of the NSA, CIA, Mossad, KGB and the US government.

From the dance of names it can also be concluded that Satoshi could be one of the members of the “Cyberpunk” movement, but only a few who were interested in applying cryptography.

There is a long list of names found in the emails of the cyberpunk group, but only a few were interested in applying cryptography to electronic money.

Those who publicly presented a project or design that is close to Bitcoin are:

Nick Szabo with his Bit Gold project.
Hal Finney with his project that he called RPOW (Reusable proof of work).
Wei Day with his B-money project.
Adam Back with his Hashcash project.

But everyone denied being Satoshi. In fact, Hal Finney died in 2014, so the great mystery of Satoshi continues.

Who Is Satoshi Nakamoto

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