10 years since the disappearance of Satoshi Nakamoto. What is known at the moment?
Bitcoin has stabilized in value again, and the industry is going through a very important date. Today, exactly 10 years ago, the creator of Bitcoin, Satoshi Nakamoto, disappeared. Imagine that for a whole decade, millions of users of the first coin have been unsuccessfully looking for the creator of the cryptocurrency, but Satoshi remains anonymous and, in principle, does not show his presence in the system in any way. This is truly a landmark event, because no other user has ever been able to maintain privacy over such a long distance.
That is why today, on the 10th anniversary of Satoshi’s disappearance, we have prepared a rather unusual material for you. The following is a description of all theories about the personality of Satoshi. Below we will consider everything that is known about the creator of the first coin and try to get closer to solving the secret of the developer’s identity. So let’s get started.
How it all began
It is not surprising that many current users of the crypto industry do not even know who Satoshi Nakamoto is. Rather, the most that is known to young users is the status of the creator of the first cryptocurrency. It is true that “young” users often do not know the details. That is why we first recall that a certain Satoshi Nakamoto hiding behind the nickname “satochi” is the user who first published the code of Bitcoin, version 0.1. It was the first protocol of the first cryptocurrency available for download and use by ordinary users.
The creator of the coin posted the code on the BitcoinTalk forum, where he then maintained communication with interested customers. Note that at the moment it is not known who exactly is hiding behind the identity of the cryptocurrency developer. There are suspicions that this is a lone programmer or even a group of specialists who developed and created Bitcoin in the form in which we see the coin at the moment.
The last message to users told that the Network will be able to withstand many DoS attacks, so there is nothing to worry about. After that, “satochi” disappeared. Recently, the details of the correspondence between Satoshi and another founder of Bitcoin were revealed. In his correspondence, Nakamoto says that he fully trusts the appointed head of the project and leaves for other developments. What exactly Satoshi intended to develop or has already developed is unknown. However, industry users have created many theories regarding the identity of the cryptocurrency developer. The following are the most plausible of them.
Who is behind Satoshi Nakamoto?
Despite the obvious Japanese style of the nickname and the developer’s name, its European or American origins give out one funny nuance. The fact is that in Japan it is not customary to write the first name (Satoshi) before the last name (Nakamoto). Therefore, we can conclude that another person is hiding behind a mysterious nickname. Earlier, users even thought that Bitcoin was a joint effort of SAmsung, TOSHiba and NAKAmichi with MOTOrola. However, this theory does not stand up to criticism. Nevertheless, based on the phenomenal purity of the Bitcoin code, the version that there are several programmers behind Satoshi does not lose weight.
Numerous attempts to hack the system have been unsuccessful. Later, hackers spoke of the author of the first coin system as “the most attentive and highly qualified programmer” on Earth. This should take into account the excellent architecture of the system, the underlying principles of cryptography and security. Indeed, it is incredibly difficult to imagine a person so developed in all these directions. However, later there were reports that Satoshi was found! He allegedly lives in America and has Japanese roots. At the same time, the person’s age coincided with the style of communication and coding. As experts noted the old-fashioned style of Bitcoin development. However, below you see a photo in which Satoshi Nakamoto denies any involvement in the first coin. It’s just a namesake.
At the moment, the account of the cryptocurrency developer has been hacked several times, strange messages have appeared, confusing the community. But no one has found specific personalities.
Why is it dangerous to find Satoshi?
Just imagine what would happen if the creator of the most expensive digital asset on the planet suddenly asserts his rights to his own creation. The community cannot avoid the emergence of a personality cult, which will definitely have a detrimental effect on the efficiency and ideological integrity of the coin. This is why even if Satoshi Nakamoto is a real person, most likely he is too smart to go back and jeopardize the independence of his design. But it’s very difficult to say for sure. The technical excellence of the coin keeps on thinking that Bitcoin is the product of a carefully trained team. However, there are some really strong arguments against this theory. What do you think of the personality of Satoshi Nakamoto. The father of Bitcoin?
Share your opinion in the comments. And follow all the crypto industry news with us. We publish only high-quality and interesting material. Thank you for attention. Good luck!
