Who is Satoshi Nakamoto?

The Coin Shark keeps on collecting the most interesting information about significant figures in the market of cryptocurrencies. We have already told you about the founder of Ethereum, Vitalik Buterin. Now it’s time to talk about the person whose name is very hyped, but unlike Buterin, no one still knows who is hiding under the pseudonym of “Satoshi Nakamoto”.

It’s been already 10 years since Satoshi Nakamoto published the description of peer-to-peer payment system. The world of digital currencies has changed significantly. Bitcoin rate increased from several cents to thousands of dollars, the cryptocurrency market appeared with all its institutes, the blockchain technology is creating prospectives not only for new economic relations but also for other significant changes.

It is still unclear who stands behind the name Satoshi Nakamoto or even if it is a single developer or a group of people. Anyway Satoshi is not just a creator of a successful startup that succeeded in implementing a revolutionary idea. He or they must be real professionals specialized in cryptography and software and this work is probably based on many researches that were being carried out for decades.

Many people attempted to reveal identity of a mysterious developer. Although nowadays it is really difficult to hide information, nobody has succeeded yet. There’s a profile of Satoshi Nakamoto on P2P Foundation website, an organization that studies the impact of peer-to-peer technologies, where first publications about Bitcoin appeared. According to the profile, Satoshi is a 37-year-old man from Japan (as of 2012). The cryptocurrency anonym also created Bitcointalk, where he posted first information in 2009. However, many people are not satisfied with this data. Especially for the “Japanese Satoshi”. And there are several reasons for this.

The very first argument would be the language. In his publications and code comments Satoshi not only speaks English as a native, but also uses some British English words and spelling. Bitcoin software is not labeled in Japanese. Some enthusiasts also analyzed the time of Satoshi`s posts on Bitcointalk. It turned out that this time does not fit the average week day of a Japanese.

So, here are some candidates – Nick Szabo, cryptography and law expert who created the concept of digital currency Bit Gold that is considered a precursor to Bitcoin. In 2014 a journalist claimed that a Japanese American man Dorian Satoshi Nakamoto mentioned he “was no longer dealing with Bitcoin and other people are in charge of it now”. After this information had appeared in mass media, there was a post on Satoshi`s P2P Foundation profile, stating: “I am not Dorian Nakamoto”. However the account was supposed to be hacked. In 2017 the information appeared that Estonian cryptography and timestamp technology expert Helger Lipmaa could be the creator of Bitcoin. The original one, by the way, mentioned some Lipmaa`s works in the paper about the digital currency. Some also mentioned Hal Finney, a programmer and a cryptographer from the US who was one of the first Bitcoin network users and lived not far from Dorian Nakamoto. He passed away in 2014.

Anyway, there’s no evidence that one of these people, as well as many others, are Satoshi Nakamoto and his identity still remains unknown.  

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