Who Is Mysterious Satoshi Nakamoto? 8 Surprising Facts Nobody Knows About So-Called Father of Bitcoins

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People know the name Satoshi Nakamoto, the person or group who created Bitcoin. However, there is a lot of things that still remain unknown to many people. Here is a list of interesting Satoshi Nakamoto facts Nexter.org found for you.

Satoshi Nakamoto is a pseudonym

The reason the name “Satoshi Nakamoto” became associated with Bitcoin is that it was listed as the author of a white paper that was distributed to the cryptography mailing list.

A billionaire

It is estimated Satoshi Nakamoto’s account holds around one million bitcoins. Based on the August 14, 2017, exchange rate, the account is worth approximately $4.3 billion.

Satoshi Nakamoto made the first cryptocurrency transaction

The first transaction has been received by Hal Finney 100 BTC on January 12, 2009. Finney invented a system called Reusable Proof-of-Work which was the final piece to the BitGold/Bitcoin puzzle aslo known as the Nakamoto Consensus. The noted cryptographic activist died on August 28, 2014, of natural causes relating to ALS.

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Source: Giphy

And he’s only spent about 500 bitcoins

By examining the ledgers, programmer Sergio Demian Lerner determined a person who is likely Satoshi Nakamoto only spent about .0005 percent of his acquired wealth or approximately 500 bitcoins.

Satoshi Nakamoto may not be a he

Since the real identity of Satoshi Nakamoto isn’t confirmed, it’s possible “he” is a “she,” or even a “they.” As Laszlo Hanyecz, a developer for bitcoin, stated, “Bitcoin seems awfully well designed for one person to crank out.”

Some bitcoin users have suggested (jokingly) that Satoshi Nakamoto could actually be a group of four Asian technology companies: Samsung, Toshiba, Nakamichi, and Motorola. The name can be created by taking the “sa” from Samsung, “toshi” from Toshiba, “naka” from Nakamichi, and “moto” from Motorola.

Результат пошуку зображень за запитом "bitcoin gif"

Source: Giphy

Nobel Prize nominee

In 2015, Satoshi Nakamoto was nominated for a Nobel Prize in Economic Sciences by Bhagwan Chowdhry, a professor of finance at UCLA.

The e-mail account satoshin@gmx.com got hacked

In Sep. 2014, Nakamotos e-mail account got hacked apparently by a hacker with the pseudonym Savaged. Nakamotos real identity could have been sold on the darknet.

Satoshi Nakamoto is writing a book

The post announcing the book (which may or may not be finished) appeared on June 29 on the site nakamotofamilyfoundation.org, along with an excerpt from the book.

The excerpt, titled “Duality” and written from a first person perspective, details the early days of Bitcoin. But there’s no way of telling if the real Satoshi Nakamoto is actually the author — and there are several signs that point to “no.”


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Who Is Mysterious Satoshi Nakamoto? 8 Surprising Facts Nobody Knows About So-Called Father of Bitcoins
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Who Is Mysterious Satoshi Nakamoto? 8 Surprising Facts Nobody Knows About So-Called Father of Bitcoins
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People know the name Satoshi Nakamoto, the person or group who created Bitcoin. However, there is a lot of things that still remain unknown to many people. Here is a list of interesting Satoshi Nakamoto facts Nexter.org found for you.
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