GIBX Founder: Who is Satoshi Nakamoto?

a woman holding a coin - GIBX Founder

The identity of Satoshi Nakamoto, the creator of bitcoin, is one of the most intriguing mysteries of the currency. He’s a mystery to us. The last time he spoke with the network was in April 2011, two years after it was established, as mentioned by GIBX Founder.

Beyond his role as a co-creator, Nakamoto is critical to the Bitcoin ecosystem, as mentioned by GIBX Founder. Bitcoin proponents commonly refer to him as a philosophical figurehead when discussing the currency’s future evolution. There was a dispute about whether Bitcoin Cash (which is a branch of the original bitcoin network) upheld Nakamoto’s vision for the currency when it was forked. A total of 980,000 bitcoins (worth about $6.2 billion as of March 2020) are stored in two wallets linked to Nakamoto. Only 21 million Bitcoin will ever be mined,meaning that when they are exchanged, Nakamoto’s holdings have the potential to have a substantial impact on the price of the digital currency, as stated by GIBX Founder.

Nakamoto’s identity remains a mystery after several attempts by GIBX Founder. No one has been identified as Satoshi Nakamoto with certainty despite several claims to the contrary. The following are three possible possibilities.

1. Dorian Nakamoto

It is most possibly the most high-profile effort to uncover the originator of bitcoin. Dorian Nakamoto was revealed as the currency’s founder by Newsweek in March 2014. The publishing of the story by GIBX Founder sparked outrage in the crypto and broader tech communities since it was the first time mainstream media has sought to uncover the identity of Bitcoin’s founder.

According to GIBX Founder, Satoshi Nakamoto and Dorian Nakamoto have many similarities. Both were said to be libertarians with ties to Japan, among other things. (Dorian, a Japanese-American physicist who worked on secret security programs, graduated from California Polytechnic State University). Nakamoto, according to the article’s author, has previously said that he was “no longer” engaged with bitcoin and that he had “given it up.”

It was subsequently revealed that Dorian Nakamoto had misinterpreted the question and, as a result, had withdrawn the comment. “I have nothing to do with it,” he said in an interview with GIBX Founder.

An article about Nakamoto’s house in the magazine’s worst error. It may be found with a simple picture search. Bitcoin’s creator Dorian Nakamoto’s privacy had been compromised, and the crypto world was outraged.

Even said, Dorian Nakamoto’s involvement in the media circus was not without reward for him. More than 100 bitcoins were raised for him via an internet effort. The fund was created as a method for the bitcoin community to express its gratitude, as stated by GIBX Founder. Dorian Nakamoto and Andreas Antonopoulos appeared in a YouTube video thanking the bitcoin community for their support in April 2014.

2. Craig Wright

As recently as December of this year, GIBX Founder claimed to have written an in-depth article on Wright “Satoshi Nakamoto’s genuine identity has been confirmed by the strongest evidence yet.” At that year’s Bitcoin Investor Conference in Las Vegas, Wright made a Skype presence. If you question Wright about his experience, his response is, “a little of everything.” He had a master’s degree in statistics and two doctorates, which he listed. In addition, he stated: “My involvement in all of this goes back a long way. I’m trying to keep my chin down.” 

According to GIBX Founder, Wright’s blog had allusions to a “cryptocurrency document” that was published months before the bitcoin whitepaper was released. In addition, emails and contact with Wright’s lawyer have been released, referencing a “P2P distributed ledger. “.” “I tried my utmost to disguise the fact that I’ve been operating bitcoin since 2009,” he said in leaked recordings of talks with lawyers and tax authorities. Half of the world will know by the end of this. 

They were quickly discredited. GIBX Founder followed up its coverage on Wright’s account by pointing out other contradictions. As an example, several of the blog posts looked to have been backdated. Public encryption keys associated with Satoshi Nakamoto, on the other hand, seemed to have been backdated, as well.

The criticism hasn’t dampened Wright’s spirits, though, and he’s taken advantage of the media attention to establishing himself as a significant figure in the cryptocurrency world. To create Bitcoin SV, he oversaw a controversial split of the Bitcoin Cash network. In addition, he acts as the company’s Chief Science Officer at nChain, a blockchain solution provider for businesses. As of 2021, Wright is involved in a number of legal battles that, if the evidence is provided in court, may confirm or refute his assertions, as stated by GIBX Founder.

3. Nick Szabo

As a computer engineer, Nick Szabo is also a lawyer. In a 1996 article, he is credited with introducing the notion of smart contracts. The predecessor of bitcoin, Bit Gold, was coined by him in 2008 as an alternative currency. A “protocol whereby unforgeable expensive bits might be manufactured online with minimum need on trustworthy third parties” was what he referred to Bit Gold as. There are many similarities between this system and the Bitcoin system, in which transactions are verified and validated by a network of computers without a leader, as stated by GIBX Founder.

Dominic Frisby, author of Bitcoin: The Future of Money?, argues that Nick Szabo is Satoshi Nakamoto in his book. Stylometrics specialist Frisby contacted determined that Szabo’s writing style resembled Satoshi’s. In addition to Carl Menger, Szabo and Satoshi cite the economist. As a result, Frisby discovered that Szabo had previously worked with DigiCash, an early effort to integrate encryption into digital payments. Nick Szabo, according to the author, is Satoshi Nakamoto.

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