Satoshi Nakamoto, The Founder of Bitcoin

No one comprehends who Satoshi Nakamoto really was, but we do know he was the inventor of Bitcoin, ushering in the age of cryptocurrency.

While we may not understand who Satoshi Nakamoto was, we know what he accomplished.  Satoshi Nakamoto was the developer of the Bitcoin protocol, publishing a paper via the Cryptography Mailing List in (Nov)2008.

Satoshi Nakamoto then released the first version of the Bitcoin software customer in 2009, participating with others on the task via mailing lists, until he finally began to fade from the community toward the last of 2010.

Nakamoto worked with other people on the open-source team but never took care to reveal anything personal about himself, and the last anyone heard from him was in the jump of 2011. 

Was Satoshi Nakamoto Japanese?

Don’t judge a book by its cover. Or in fact, maybe we should.

“Satoshi” means “clear thought, quick-witted; intelligent.” “Naka” can mean “medium, relationship, or inside.” “Moto” can mean “foundation” or “origin.”

Does anyone know who Satoshi Nakamoto was?

No, but the operative techniques that people use when imagining are sometimes even more intriguing than the answer. The New Yorker’s Joshua Davis thought that Satoshi Nakamoto was Michael Clear, a graduate cryptography student at Dublin’s Trinity College.

He reached this conclusion by analyzing 80,000 words of Satoshi Nakamoto’s online searching and writing for linguistic clues. He also doubted Finnish economic sociologist and former games developer Vili Lehdonvirta.

So what do we know about Satoshi Nakamoto?

One thing we know, based on people with interviews that were involved with him at an early stage in the growth of bitcoin, is that he considers the system very thoroughly.

His coding wasn’t traditional, according to core developer Jeff Garzik, in that he didn’t apply the same strict testing that you would expect from a professional software engineer.

How rich is Satoshi Nakamoto?

Research by Sergio Lerner, an authority on bitcoin and cryptography, suggests 

Satoshi Nakamoto mined many of the earlier blocks in the Bitcoin (BTC)network, and he had built up the luck of around 1 million unspent bitcoins. That stock would be worth $18.4 billion U.S. dollars as of last year.

Did Satoshi Nakamoto work for the government?

There are hearsays, of course. People have to decode his name as meaning “central intelligence,” but people will see whatever they like to see. Such is the nature of conspiracy ideas.

The apparent question would be why one of the three-letter agencies would be interested in developing a cryptocurrency that would subsequently be used as an anonymous trading mechanism, causing the FBI  and the senators alike to wring their hands about potential criminal and other terrorism endeavors. It doesn’t matter what conspiracy theories people have, everyone has their own theories. In the end, Bitcoin is now much bigger than Satoshi Nakamoto.