Ever since bitcoin unfolded in front of the world, many mysteries surrounding its creator have been doing rounds on the internet. Several theories state that Satoshi Nakamoto is not a person but rather the company’s name. Some claimed that Satoshi Nakamoto is not a single person but a group of programmers or cryptographers. There is another theory that says that Satoshi Nakamoto is no more. Some say the person hides completely and intentionally after making a BTC mining. However, we haven’t confirmed the news on who Satoshi Nakamoto is. In this blog, we try to discuss three popular personalities who have been credited to be Satoshi Nakamoto.
What are the different things for which Satoshi Nakamoto has the credit?
Satoshi Nakamoto is a popular name. Usually, we associate this name with bitcoin. However, there are other developments credited to his portfolio.
Bitcoin is the creation that provides peer-to-peer networkingin decentralized form by using Blockchain technology. Bitcoin mining, peer-to-peer transactions, and decentralized platforms are some key developments credited to Satoshi Nakamoto. He has led the foundation for a new financial revolution that will be faster and flawless with less transactional charge. Though, there are apprehensions surrounding the sustainability and long kitty of the platform. Whatever it is, we cannot undermine the fact that bitcoin and cryptocurrencies have changed the course of transactions forever.
The three popular personalities:
Since there is no confirmed news on who is the person behind the name Satoshi Nakamoto, several theories revolve around the names of who could be.
1. Dorian Nakamoto
The first name that emerges to be the person or the name Satoshi Nakamotois Dorian Nakamoto. One of the first coincidences is that they have held libertarian leanings and a Japanese connection. However, Dorian Nakamoto has completely denied this theory.
2. Craig White
Several factors made people believe that Craig White could be Satoshi Nakamoto. He is an Australian scientist. In one of his blogs, he mentioned a trip to currency paper. This blog was published wait before the bitcoin wallet paper was introduced. This was the first time that people thought CraigWhite could be Santoshi Nakamoto.
Another addition to this list was the leaked emails and correspondence with the rights lawyer where the reference to the P2P distributed ledger was made. In one of the lead-to transcripts of his meeting, it was mentioned that he had been trying to run bitcoin since 2009 and had also tried to head the evidence for the same.
3. Nick Szabo
Nick Szabo is the next name on thelist. He is a computer engineer and legal scholar. He is behind the smart contracts and also brought forth the Bit Gold. This was a precursor to Bitcoin. So, because of this reason,Nick Szabo is thought to be Satoshi Nakamoto.
There is so much to be talked about about Satoshi Nakamoto, but there is no confirmed news on who the person is and where he is. While the world continues to be apprehensive about the personality of Satoshi Nakamoto who created bitcoin, one of the greatest gifts to the financial domain, continues to lead the cryptocurrency market.
2009 when Satoshi Nakamoto introduced us to the concept of a decentralized exchange and bitcoin, nobody knew that it would be embraced with open arms. Despite some people’s initial glitches and apprehensive approach, cryptocurrency continues to grow. In November 2021, the pricing of bitcoin rose to $65,000. As a result, cryptocurrency investment, especially bitcoin investment started rising in number. As bitcoin has become the most popular crypto, investors choose bitcoin at first and then other cryptos.
The Bottom Line
The world continues to discuss the creator of bitcoin and Satoshi Nakamoto. This name has garnered much attention for the evolutionary invention of bitcoin over the years and has become a new form of investment asset which is more profitable and lucrative. Owing to this, many people are registering themselves on crypto exchanges and exploring the crypto market. Once you find a credible platform, you can register and start trading. If you two are willing to do the same, you can explore more about crypto exchanges. This platform gives you the leverage to simply register and start trading in cryptocurrency.