By Arlenys Tabare
Apr 17, 2024, 16:56 PM EDT
Bitcoin has become one of the most popular cryptocurrencies on the market, which earlier this year far exceeded the expectations of its investors, shooting above its all-time high of $69,000 from two years ago.
But, none of this could be possible if it were not for the inventor of the protocol Satoshi Nakamoto who in 2008 published an article in Cryptography Mailing List describing a P2P digital money system, and then launching its first version of Bitcoin software the following year.
What is known so far is that the name of Satoshi Nakamoto established himself as a pseudonym used by the person or group of people who managed to bring the first Bitcoin protocol to light; Therefore, he remains an enigma, especially when at the end of 2010 he began to distance himself from the community.
What is known about Satoshi Nakamoto?
Some data highlight that “the creator of Bitcoin” was born on April 5, 1975 and everything seems to indicate that he is of Japanese origin, but they are speculations due to the pseudonym; since the use of English in the documents is perfect and the Bitcoin software is not even documented in Japanese, which could easily rule out this theory.
On the other hand, certain investigations over the last few years regarding the identity of Satoshi Nakamoto, They associate him with several important individuals in the field of both cryptocurrencies, mathematics and economics.
Among the list of names believed to be the creator of the cryptocurrency are: Michael Clear, who by then was a postgraduate student in cryptography at Trinity College Dublin, as well as the Japanese mathematician Shinichi Mochizuki either Martii Malmia developer from Finland who has been involved since the birth of Bitcoin.
How much money does Satoshi Nakamoto have?
One of the most frequently asked questions is about how big Nakamoto’s fortune is, and according to an analysis by Sergio Lerner, an expert in Bitcoin and cryptography, it is estimated that the credit of the creator of the most popular cryptocurrency on the market is in 1 million unspent bitcoins, that is, $18.4 billion US dollars by 2020.
Where is Nakamoto?
In mid-2011, A message was revealed among Satoshi Nakamoto’s emails which claimed that he had gone on to do “other things”without much specification, therefore, its whereabouts are unknown.
Did Satoshi Nakamoto really work for the government?
Conspiracy theories about the origin of Satoshi Nakamoto’s name suggest that it means “central intelligence”, but nothing can be certain since the meaning of “Satoshi” is “clear thinking”, while “Naka” is interpreted as “medium, interior or relationship” and “Moto” can be “origin or foundation”.
Perhaps some agency hired Satoshi Nakamoto to create a cryptocurrency that was capable of being used as an anonymous trading mechanism, but Jeff Garzik, the Core developer, points out that open source does not allow hiding secrets and “Satoshi published an open source system with the purpose that it was not necessary to know who he was.”, nor trust who he was, nor worry about his knowledge,” he says.
Keep reading:
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- Regulators Approve First Bitcoin ETF: What Are the Implications?