WHO'S SATOSHI NAKAMOTO?
Satoshi Nakamoto is a pseudonymous person or a group of people that created Bitcoin and authored its Whitepaper, Bitcoin: A Peer-to-Peer Electronic Cash System, published in 2008. Nakamoto also developed Bitcoin's original software and was actively involved in the project until they gradually disappeared from public domain in, 2011. Despite many theories, Mr Satoshi Nakamoto's true identity remain opaque. Some speculate that they're the individual Cryptographer, other people believe, Mr Satoshi Nakamoto could be a group of developers. Mr Nakamoto Mined a huge amount of Bitcoin in its infancy days, over one million Bitcoins, which is untouched to this day. In its October, 2008 Whitepaper tittled "Bitcoin", this was a proposal of a Decentralised Currency out of Banks or Government control. This system was meant to challenge the traditional financial system. In 2011, Mr Nakamoto, by Email, handed over Bitcoin's development to Mr Gavin Andresen and that was the last piece of communication from him. Many people were suspected of being, Mr Nakamoto e.g: Mr Graig Wright, an Australian Computer Scientist claimed to be Satoshi Nakamoto but, there hasn't been good enough evidence to backup his claim. Mr Nick Szabo, a Cryptographer who created BitGold, a Bitcoin precursor. Mr Dorian Nakamoto, an American of Japanese decent was identified by Newsweek but, all in vain. Mr Hal Finney, a Cryptographer and early Bitcoin adopter. Bitcoin was created to bypass Central Authority. Revealing, Mr Nakamoto's identity could make him or them targets. Bitcoin created Blockchain Technology that powers numerous industries. It has led to the upcoming of many of Cryptocurrencies. Banks and Governments are using Digital Financial System, without intermediaries, this's truly revolutionary. No Government or any other Institution can freeze or censor transactions. Bitcoin is a store of value.
2/10/20251 min read
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