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Satoshi Nakamoto

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Satoshi Nakamoto is the author of the Bitcoin whitepaper, published in 2008, and creator(s) of the blockchain network on which Bitcoin is transacted. Nakamoto is responsible, along with many pioneers of cybersecurity and software development, for developing the first blockchain database, solving the double spending problem for digital currency in a distributed system that had troubled researchers for years. 

Satoshi, as he is affectionately called among the cryptocommunity, mined the first Bitcoin block on January 3rd, 2009. A message was embedded in the genesis block: “The Times 03/Jan/2009 Chancellor on brink of second bailout for banks.” This refers to both the date and a headline relating to the banking industry in the Bristish publication The Times. This has led some to believe that Satoshi could be British or living in the United Kingdom.

Satoshi’s story is long and shrouded in mystery, with many theories regarding the identity having been put forward in the decade since Bitcoin’s launch. Satoshi, for a while, was posting frequently on a forum he had formed to discuss the development of Bitcoin and the majority of written recordings provably linked to Satoshi comes from this source. The Satoshi Nakamoto Institute, founded in 2013, has collected all of the communication linked to Nakamoto.

Numerous individuals have come forward claiming to be Satoshi Nakamoto, all without substantial evidence for their claim to the identity. It is estimated that Satoshi holds nearly 1 million Bitcoins.

There are clear reasons for the extreme interest in Satoshi’s identity - Bitcoin single-handedly created an entire new asset class, besides there being a sort of underlying, psychological desire in uncovering the identity of an individual or group that displayed considerable knowledge in a variety of disciplines. 


Time Wasters or Legit Ways to Earn Crypto without Cash?

18 Apr 2021 5 minute read 0 comments The Lynx

There are a kazillion different options for mining apps, faucets, crypto games, casino games, and on and on. At the end of the day, I have found most of these to be time wasters. For example, Easy Miner is one of those sites that came recommended by...

Bitcoin Creator Satoshi Nakamoto breaks top 20 worlds wealthiest people list

13 Apr 2021 3 minute read 0 comments Jaxsons Crypto Pickers

It has been reported that Satoshi Nakamoto the creator of Bitcoin has recently became one of the worlds Top 20 wealthiest People.   In an article this week on Bitcoin.coms newsdesk which covered a complete breakdown of the world wealthiest cryptocurr...

Craig Wright sued for attempting to claim he is Satoshi and copyrighting the Bitcoin White Paper

13 Apr 2021 3 minute read 1 comment Bitcoin Babaji

The cryptocurrency world has some interesting characters. Already cryptocurrency is a fringe and still avant garde industry to most of the world. Also it’s practised by total geeks or nerds generally, who you could call cyberpunks or cypherpunks as t...

The Story Behind Bitcoin Cash

9 Apr 2021 8 minute read 0 comments RelyOnCrypto

What Is Bitcoin Cash? The origin of Bitcoin Cash, also known as BCH, go far beyond the development of a new cryptocurrency. It was one of the most extensive assessments of Bitcoin's decentralization. Often individuals that are new to Bitcoin or crypt...

Centralization: A Dead End

7 Apr 2021 5 minute read 0 comments lordneroo

  Identity theft is one of the world's fastest growing crimes. I'm pretty sure everyone has heard about the recent Facebook data breach, which resulted in approximately 533 million people having their personal information leaked online, exposing the...

Begginers Guide - What is a Satoshi?

26 Mar 2021 1 minute read 2 comments bmvtyea

Bitcoin's origin is surprising and somewhat mysterious. We know that the concept of Blockchain and Bitcoin is authored by Satoshi Nakamoto. But do you know who Satoshi is (and what he is)? Where did that term come from and what does it mean? Who is S...

Bitcoin SV (BSV): Satoshi's Vision & Big Blocks

24 Mar 2021 4 minute read 2 comments MintDice.com

As Bitcoin continues on its trajectory towards the sky, you may have become aware of other coins which are not Bitcoin commonly referred to as alt coins. A number of these even share the Bitcoin name, such as Bitcoin Cash, Wrapped Bitcoin, and this w...

Bitcoin vs. fiat: Hard to digest

19 Mar 2021 1 minute read 0 comments gerfor

March 17: the so-called Big Sats Index saw a United States McDonald's Big Mac cost less than 10,000 satoshis for the first time. The Big Sats Index measures how much a Big Mac costs based on the famous Big Mag Index from The Economist. Born in 1986,...

Some reasons why TESLA and Elon Musk's involvement in cryptocurrency is bad

18 Mar 2021 3 minute read 4 comments Sacky

TESLA recently made it known to the world that they had bought $1.5 billion dollars worth of Bitcoin too largely positive press and excitement in the crypto community. This has led to even more hype around Elon Musk and praise for his visionary geniu...

Satoshi Forest - some rich bitcoiner bought 8 acres of land to house homeless

17 Mar 2021 1 minute read 0 comments Lebonsamaritain

Escambia County Commission Chairman, District 2, Doug Underhill calls Satoshi Forest a Text Book Model for a homeless camp. Mike Kimberl co-founder and director of Satoshi Forest has had an uphill battle with the Mayfair neighbors and Escambia Co...