NEWSLETTER
The true identity of the creator of bitcoin, Satoshi Nakamotohas continued to be debated, with many speculating who Nakamoto could be. The debate has become further fueled by an old email and tweet suggesting that the bitcoin-faces-truth-test/” rel=”nofollow”>Nakamoto ‘real’ is still far from being identified.
bitcoin creator’s correspondence with Wei Dei
A bitcoin.com/satoshi-archive/emails/wei-dai/1/” rel=”nofollow”>email correspondence between Satoshi Nakamoto and B-money founder Wei Dei has resurfaced. In the email (dated August 22, 2008), Nakamoto mentioned his interest in Dei’s B-money and noted the similarities between B-money and bitcoin while planning to publish a paper that would expand on Dei’s ideas into a “system of completed work”.
In fact, one could rightly point out that B-money and Satoshi’s bitcoin share similarities, with Dei proposing the former in 1998 as a “distributed, anonymous electronic cash system.” Interestingly, in order for this to work, Dei had proposed a bitcoin-proof-of-work-dominance-rises-to-94/” rel=”nofollow”>work test protocol to make your B-money idea a reality and bitcoin works with a proof-of-work consensus mechanism.
In the email, Nakamoto told Dei that Adam Back (who pioneered the proof-of-work system) was the one who brought his attention to the similarities between B-money and bitcoin.
The email has again led many to speculate whether Dei and Back may be telling more than they know, considering they were one of the first people Nakamoto approached regarding bitcoin.
However, Back has mentioned in the past that he does not know Nakamoto personally since the bitcoin creator only communicated with him via email (the same way he communicated with Dei).
<img decoding="async" class="aligncenter size-medium" src="https://technicalterrence.com/wp-content/uploads/2023/10/Bitcoin-Creator-Satoshi-Nakamoto-Sparks-Speculation-as-Cryptic-Email-and" alt="bitcoin Price Chart from Tradingview.com (bitcoin Creator Satoshi Nakamoto)” width=”2884″ height=”1746″ loading=”lazy”/>
btc returns to mid-$27,000s | Source: BTCUSD on Tradingview.com
Alleged Satoshi Nakamoto X Bead Surfaces
Meanwhile, a cheep Nakomoto’s alleged X account emerged on October 2 (the same day Ager-Hanssen revealed the email between Ayre and Wright). In the tweet, the person in charge revealed that in the coming months different aspects that are not explicitly contained in the bitcoin whitepaper would be explored.
This tweet probably refers to the fact that bitcoin has long been considered only as a store of value and was not intended for other uses such as Decentralized Finance (DeFi) or for bitcoin-ordinals-revamp-creator-proposes-shift/” rel=”nofollow”>host NFTs (non-fungible tokens).
While this news is typically bullish for the bitcoin ecosystem, many were more concerned if these tweets were actually real. Satoshi Nakamoto. The community notes also highlighted that the account was controlled by Craig Wright, who is “proven to be a fraud” and should not be trusted.
Specifically, an influencer in the XRP communityEduardo Farina, noted that the account was verified, meaning that the administrator had probably gone through a KYC verification. Therefore, it is “clearly” not the real Satoshi but someone seeking “X payment,” he claimed.
Featured image by BeInCrypto, chart by Tradingview.com
