‘Who is Satoshi?’ is the Most Irrelevant Question in Bitcoin
In the most recent attempt to uncover the identity of Satoshi Nakamoto, both Wired and Gizmodo released information this week that they claim points to Australian entrepreneur Dr. Craig Steven Wright. Their accounts have already been disputed, and many questions linger. But the most relevant question is: does it matter who Satoshi is? The identity of....
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Satoshi Nakamoto, creator of Bitcoin, still remains a myth to everyone. Will we ever know his true identity? More than often, people who are newly introduced to Bitcoin have no idea that the currency is already several years old. The idea of Bitcoin was first introduced in 2008, when a man named 'Satoshi Nakamoto' published a paper on The Cryptography Mailing list at metzdowd.com. This paper was called Bitcoin: a peer to peer electronic cash system and is still a classic among the 'old school' Bitcoin fans. Not that much later, in 2009, he released the first Bitcoin software that enabled....
Who is Satoshi Nakamoto? It is a billion dollar question that has been going around since Bitcoin became famous. The New York Times may have found the answer. There have been speculations going around and news publications have been pointing their fingers at various people ever since the research paper was published under the name of Satoshi Nakamoto in 2008. According to a recent article on The New York Times written by Nathaniel Popper, Satoshi Nakamoto is none other than Nick Szabo. Nick Szabo is one of the well-known figures in the bitcoin community. He is known for his contributions....
Was the inventor of Bitcoin a man found dead in horribly tragic circumstances? A few days ago Cointelegraph carried an article by my colleague Cyril Gilson, which asked the question God is Dead? Craig Wright Is a Very Bad Satoshi Anyway. Cyril proposed that David Kleiman may have been Satoshi Nakamoto, the enigmatic inventor of Bitcoin, the world’s most famous cryptocurrency. We have covered the topic of Satoshi Nakamoto extensively in the past and being a Cryptocurrency publication, I am sure that we will touch on this subject in the future as well. One thing is for certain that anything....
There is one credible argument about why it is important to know Satoshi Nakamoto’s identity. His public wallets will account for about 5.5 % of the total number of bitcoins which will be in circulation after the 21 millionth – the last- bitcoin has been mined in approximately the year 2140. That theoretically could undermine the decentralization which has played a major role in why people have gravitated towards the cryptocurrency. It could easily be argued that Satoshi Nakamoto controls a number of bitcoins that could enable him to create price volatility if he so chose. The argument is....
It's all about the BTC for Hodlers who don't intend to cash out anytime soon. There are always two components to each altcoin’s price. One is the coin’s own characteristics: Fundamentals, investor sentiment toward the asset, liquidity and trading volume, among many others. Another powerful factor — the one that often renders any altcoin-specific dynamics irrelevant — is Bitcoin’s performance.Like it or not, when the king of cryptocurrencies soars, there is room for the shabbiest shitcoins to punch way above their weight. When BTC tumbles, even the sturdiest alts can take a proportional....