A common question that arises today is who created bitcoin? The short answer is that the bitcoin creator is Satoshi Nakamoto; however, at the time of this writing her or she remains unknown. Nakamoto is the person credited with writing a white paper in the later portion of 2008 titled, “Bitcoin: A Peer to Peer Electronic Cash System”. He or she would also go on and mine the first bitcoins, collecting more than a million of them in the early stages of the crypto currency. With bitcoin have a maximum supply of 21 million coins, Satoshi Nakamoto owns approximately 7+% of the overall supply.
Is Satoshi Nakamoto Japanese?
Satoshi Nakamoto is supposed a Japanese national born on April 5th, 1975. This information comes from a P2P foundation profile; however, has never been confirmed. He or she did create the bitcoin.org Website and continued to work with other developers on the software codebase until approximately the middle of 2010. During this timeframe overall control of the source code repository as well as the network alert key was turned over to Gavin Anderson. Additionally, there were a number of bitcoin related Web domains that were transferred to other prominent members of the community. Prior to the transition of responsibility, Nakamoto would make all of the modifications to the bitcoin source code himself.
Did the Creator of Bitcoin Leave any Messages Behind?
Satoshi Nakamoto did leave behind a text message in the first mined block in the bitcoin blockchain. The message reads, “The Times 3 January 2009 Chancellor on brink of second bailout for banks.” The message refers to a headline that was published in The Times on January 3rd, 2009 and indicates that this first block would not have been mined prior to this date. The “genesis block” in bitcoin has a date timestamp of, 18:15:05 GMT on 3 January 2009. Unlike the other blocks in bitcoin, ti does not have a previous block to reference to and required the use of custom written code to mine it.
How much is Satoshi Nakamoto’s Bitcoin Worth?
As the only early miner of bitcoin, Nakamoto was awarded bitcoin during the genesis state and for 10 days following. Except for some test transactions that were conducted these bitcoin have gone unspent. The addresses that are associated with Nakamoto contain around one million bitcoins which is worth in excess of $19 billion USD at the time of this writing.
So Who in the World is Satoshi Nakamoto?
Depending on who you believe, there have been a number of people associated with potentially being the real Satoshi Nakamoto. Nick Szabo, Dorian Nakamoto, Elon Musk, and Hal Finney have all been rumored to be the real Nakamoto. Based on analysis of publicly posted messages on crypto currency message boards, many people believe Nakamoto to really be from the East Coast of the United States (or at least live there)based on the time of day that he or she was traditionally active online. Either way, we don’t really know who Satoshi Nakamoto is.