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. 


Satoshi & Vitalik Clearly Speak About $AMPL

17 Mar 2021 2 minute read 5 comments Brawnd0

Just the other day, I was scrolling through Twitter and stumbled upon this shortcut from this interview where Vitalik Buterin, the creator of Ethereum, was clearly speaking about Ampleforth and its elastic supply cryptocurrency $AMPL: The original i...

Bityard Contract Trading: Bitcoin (BTC) and Ethereum (ETH)

2 Mar 2021 4 minute read 16 comments PVM

I never been a crypto day trader as I am a HODLer by definition! I find day trading too stressful and it doesn't fit my gambling personality.  However, I started doing a bit of Contract Trading on Bityard but not for financial gains. The whole purpos...

Zero to hero: way to get a BTC from poker?

19 Feb 2021 1 minute read 0 comments Judeoraptor

Probably not, but never give up - they say.Poker is a brilliant game. Bitcoin (blockchain in general) is seemingly a revolution. To bring together these - thats would be a cool stuff.As I just started reading (more) about blockchain, DeFi etc. I don'...

What is Bitcoin's True Supply???

17 Feb 2021 3 minute read 1 comment Kuroshio

We often start by looking at the market cap and the supply when assessing the true value of a coin. The recent bull run by BTC, accented by yet another ATH, this time at over $50,000, has got me thinking that the main underlying driver for this, is t...

Uber Eats Millionaire?

16 Feb 2021 1 minute read 9 comments R23

If you have not read any of my articles, I want to reiterate that I am a low budget crypto trader. I love doing research and checking out news regarding the ecosystem, but I am a 4th year college student and am not exactly rolling in funds to invest....

Satoshi Nakamoto: Interesting Facts you Need to Know

11 Feb 2021 2 minute read 0 comments CoinSteps

Satoshi Nakamoto is the creator of Bitcoin and therefore of all cryptocurrencies. Bitcoin was the first cryptocurrency and after that many more appeared in the crypto space. Yet, Satoshi identity remains a mystery until that day, and there is a high...

Every Satoshi counts

8 Feb 2021 1 minute read 0 comments Jandmade

Regardless of its economic value, the value and use of Bitcoin is constantly increasing. The very deflationary nature of Bitcoin, added to its increasing value, places it in a future with very high values, something that years ago could even sound im...

Who is the creator of Bitcoin?

4 Feb 2021 1 minute read 3 comments Dhane Aiko

Satoshi Nakamoto is the pseudonymous author that published the Bitcoin whitepaper in 2008, the white paper contains a profile use cases of Bitcoin (available on bitcoin.org). Satoshi was the first person to publish a decentralized cryptocurrency base...

BTC is Anti-Money - I Challenge Anybody to Deny!!

2 Feb 2021 4 minute read 1 comment TheScholar

Hi guys, One of the most important characteristics of any currency is being fungible. This means that if you have a dollar, it will be the same as any other dollar in the world. Now, there are two types of currency used by people (there are other typ...

The crazy theory about Bitcoin

28 Jan 2021 1 minute read 0 comments Jandmade

The first of all is to clarify that the following theory is pure fantasy, the fruit of my own imagination, as a creative exercise. This theory is somewhat surreal since it is based on real data and hypothetical assumptions ... The figure of Satoshi...