Antidolos – Blockchain Basics Learning

Suspicious list of Bitcoin creators. The next option as Satoshi Nakamoto

Suspicious list of Bitcoin creators. Who is the next option as Satoshi Nakamoto?

There is some evidence proving the movements of the earliest mined Bitcoins. Why wait for 11 years to move the earliest mined Bitcoins? These Bitcoins were mined about one month after the launch of the Bitcoin. The coins mined in February 2009 were located in a Bitcoin address, which moved its entire holding to two different wallets. The first-ever mined coins were 50 BTC, 40 of which are inactive, located in a changed address. Whilst, the remaining 10 have been sent to different addresses in an attempt to hide the final destination.

So is this Satoshi?

Few other people have been using the original Bitcoin. So, the owners are possibly either Hal Finney’s family, Martti Malmi, or even Satoshi Nakamoto himself. Since the owner went through many complex transactions, we believe the transactions were for hiding the final destination that’s why it is more likely to have been done by Satoshi.

As we all know, Craig Wright has been one of the claimers of the Bitcoins belonging to Satoshi. The declarations made by Wright in various situations claiming himself to be Satoshi is shaken once more, due to the message that was distributed from 145 wallet addresses calling him a fraud. Although this wasn’t the first time, it happened in 2015 as well. The message, published on May 25, was signed by 145 addresses along with their corresponding signatures. The message reads:

Craig Steven Wright is a liar and a fraud. He doesn’t have the keys used to sign this message. The Lightning Network is a significant achievement. However, we need to continue work on improving on-chain capacity. Unfortunately, the solution is not to just change a constant in the code or to allow powerful participants to force out others.”

So who the owners of these addresses are

Wright has claimed the ownership of thousands of addresses, and he has provided the court with a list during his case against Ira Kleiman. Even then he was unable to prove the ownership, although there were multiple ways to do so including signing a message that could be checked with a public key. Using the same way the recent message justifies the wallets don’t belong to him since all the addresses that signed the message were included in the list provided by Wright.

So far, one activity was mentioned that most probably were done by Satoshi, and one of the people claiming to be Satoshi was eliminated from the list. Now we can check another person’s profile. One of the most popular candidates of Satoshi’s rule has been Hal Finney for a long time. Laszlo Hanyecz, Satoshi’s colleague and the developer of macOS, stated that Nakamoto didn’t have a Macintosh. He didn’t know how to build a Bitcoin client for Mac. While Finney had a tweet in 2010 that shows he and his wife both owned Mac. This eliminates him from the list of candidates. Although there are reasons to justify the tweet and the inconsistency. For justifying it, we can think that Hanyecz was communicating with one of the multiple participants in the project, not Satoshi himself. Another reason could be not prioritizing the mac development as an emergency, which can explain assigning it to another person. Albeit, this is not a clear cut justification since Satoshi has a controlling reputation. why didn’t he assign it to Hal Finney if he was a part of the team, instead he assigned it to an outsider?

To sum up – So, we can eliminate some possibilities. First, Wright then Finney, And the recent complicated movement shows Satoshi’s concerns about his identity being revealed. Although with each candidate’s elimination, we are one step closer to identifying him,  we need more information and evidence to solve the mystery.


Related posts

Ethereum price breaks out vs Bitcoin


Coinbase reacts to DOGE by saying Nasdaq-listed Cryptocurrency exchange


Aussie billionaire complains over news of the Facebook Crypto scam



Leathaavera December 1, 2021 at 6:13 am

You have a good and useful website I like it and always check

Aerollabqpp November 21, 2021 at 5:59 pm

Good job

Surry November 13, 2021 at 10:20 am

You have a good post here. Well done

Comments are closed.

This site uses functional cookies to improve your experience. Accept More Info

Privacy & Cookies Policy