Who, exactly, is Satoshi Nakamoto?


A person or group known as Satoshi Nakamoto wrote a paper thirteen years ago describing a new software system called bitcoin. Bitcoin is already valued over $1 trillion, and it has ignited a phenomena that proponents believe has the capacity to completely restructure the global financial system.

Despite the fact that Satoshi Nakamoto's bitcoin is one of the most talked about and searched things on the internet, Nakamoto remains unknown. There is very little information available about his existence. Here is what we discovered.

Satoshi NakamotoEnplugged.com

On Oct. 31, 2008, the creator(s) of bitcoin delivered a nine-page whitepaper to a group of cryptographers explaining a new form of "electronic cash" called bitcoin, with the name "Satoshi Nakamoto" credited as the author.

At the time, nobody cared about Nakamoto's identity. The majority of respondents in that category were dubious about bitcoin as a concept. Among the cryptographers and developers are Hal Finney, Nick Szabo, David Chaum, and Wei Dai. They'd tried similar systems before, but they'd all failed.

On January 9, 2009, Nakamoto launched the bitcoin network. Mr. Finney was one of the few people who was interested in it, and the two worked together remotely to get the network up and running in the early stages. Mr. Finney and Nakamoto completed the first bitcoin transaction.

For over two years, Nakamoto wrote on internet forums and privately exchanged emails with developers as bitcoin grew. In December 2010, Nakamoto stopped publicly publishing, and in 2011, he stopped engaging with developers. After Nakamoto stepped down, software developer Gavin Andresen took over as project leader.

Is there any information about Nakamoto's personal life?

No, not at all. Nakamoto never mentioned anything personal in his public messages, or even in later released private messages. There's nothing biographical here. Every message he posted on the internet was about bitcoin and its code. Although Nakamoto used two email addresses and one website, the identity of the person who registered them is obscured in some way.

In an age in which it is impossible to be anonymous, Nakamoto still remains a ghost.

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