Who invented bitcoin? The answer is Satoshi Nakamoto
On November 1, 2008, a mysterious cryptography geek named Satoshi Nakamoto published the Bitcoin white paper on the Internet.
He stated in the white paper that this is a peer-to-peer electronic cash system. So what is the difference between Bitcoin and traditional currencies? Satoshi Nakamoto stated:
“The fundamental problem with traditional money is trust. The central bank has to be trusted that it won’t devalue the currency. But that kind of trust has never existed in history. The bank has to be trusted to manage money and make it Wealth is circulated in the form of electronic money. But banks use money to create credit bubbles, shrinking private wealth.”
Bitcoin, a new currency model, differs from the traditional model in several ways. First of all it is not issued by a central authority. Secondly, his total amount is constant at 21 million and will never be over-issued. Furthermore, all Bitcoin transactions are recorded in a public ledger, so that everyone can view and participate in bookkeeping, which not only ensures the openness and transparency of the entire system, but also ensures that the currency will not be abused due to misuse. resulting in.
On January 3, 2009, Satoshi Nakamoto recorded a historic moment on the first page of the Bitcoin ledger. That’s the headline of The Times that day: The Times 03/Jan/2009 Chancellor on brink of second bailout for banks.
In the blockchain world, Satoshi Nakamoto is famous. He is the inventor of Bitcoin, the pioneer of the blockchain, the pioneer of the concept of decentralization, a libertarian, he is also an expert in cryptography, an economist, a sociologist, the world’s top developer, and the Nobel Prize economics A candidate for a scholarship, a legend like Jesus… he has too many titles and halos.
At the end of 2010, Satoshi Nakamoto left the project without revealing much about his identity. Since then, many developers have worked on Bitcoin projects, and the Bitcoin community has grown rapidly.
Bitcoin’s protocol and software are publicly released. Any developer around the world can view its code, or develop their own modified version of the Bitcoin software. Like current developers, Nakamoto’s influence was limited to those changes he made that were adopted by others. Therefore, Satoshi Nakamoto did not control Bitcoin. Today, then, the question about the identity of the inventor of Bitcoin may be the same as the question of the identity of the inventor of paper.
4 people most likely to be “Satoshi Nakamoto”
The rumors about the “father of Bitcoin” have always been different.
Mochizuki Shinichi
In May 2012, computer scientist Ted Nelson identified Satoshi Nakamoto as the Japanese mathematician Shinichi Mochizuki. However, Mochizuki later denied it.
Nick Szabo
In December 2013, blogger Skye Grey concluded, through a quantitative stylistic analysis of Nakamoto’s paper, that his real identity was Nick Szabo, a former George Washington University professor. But he had long denied this in an article in May 2011.
Dorian Nakamoto
The best known speculation occurred on March 6, 2014. A Newsweek reporter published an article claiming that he had found the real Nakamoto. is a Japanese-American living in California named Dorian Nakamoto. The most powerful of these is that when a reporter interviewed him face-to-face and asked about Bitcoin, Dorian’s answer seemed to confirm his identity as the father of Bitcoin:
“I’m no longer involved in it, I can’t discuss it. It’s been passed on to someone else. They’re in charge now. I’m out of touch.”
The authenticity of this statement was also confirmed by the Los Angeles County Police who were present at the time.
Afterwards, many media reporters swarmed to Dorian’s house to squat. But in a later official interview, Dorian denied all ties to Bitcoin. He said he had never heard of it and just misunderstood the reporter’s question, thinking he was asking about a confidential job he had previously undertaken from the military.
Craig Stephen White
On May 2, 2016, Australian entrepreneur Craig Stephen White publicly admitted that he was Satoshi Nakamoto who invented Bitcoin. Its most critical proof is to import bitcoin to the first bitcoin transaction address in 2009. The address is deemed to be owned by Satoshi Nakamoto and the performance is requested to be repatriated. A BBC reporter imported 0.017 bitcoins, but was rejected by Craig and published an unrelated blog post.
Tesla CEO Elon Musk expresses his views
In a recent interview, Tesla CEO Elon Musk offered his thoughts on who Bitcoin inventor “Satoshi Nakamoto” really is, citing Shakespeare.
Musk seems to agree with many that the super-secret cryptocurrency expert Nick Szabo may be the creator of Bitcoin, “Satoshi Nakamoto”.
In a live interview with AI researcher Lex Fridman on Tuesday, Musk said:
“You can look at the evolution of ideas before Bitcoin launched and see who wrote them. It seems Nick Szabo is more likely than anyone else to be responsible for the evolution of these ideas. Although he claims to be not Satoshi, I Not sure if this is true. But he seems to be the biggest driver of the idea behind Bitcoin, more than anyone else.”
Musk went on to say that while he “apparently” doesn’t know who created Bitcoin, Saab’s theory appears to be crucial to the creation of the leading cryptocurrency.
Bitcoin was originally proposed in October 2008 by “Satoshi Nakamoto”, a pseudonym that people thought could be one person or several people.
In 2014, a linguistics research team examined Satoshi Nakamoto’s Bitcoin white paper, as well as articles by Szabo and 10 other possible creators, and found the results seemed indisputable.
“The linguistic similarities between Szabo’s work and the Bitcoin white paper are uncanny,” the researchers said. “None of the other possible authors match so well.”
A report in 2015 also attributed the invention of Bitcoin to Szabo. He has spoken publicly about the history of Bitcoin and blockchain technology, but he has repeatedly denied being the anonymous inventor behind the digital asset. Another reason he is associated with Bitcoin is that he created the cryptocurrency “bit gold” in 1998.
Musk said in an interview on Tuesday that he doesn’t think the identity of Bitcoin’s creator matters:
“What the heck is a name? It’s just a symbol attached to an idea. What’s the point?”
To support his point of view, Musk also quoted William Shakespeare’s famous line:
“A rose is not called a rose, and it is still fragrant.”