Who is Satoshi Nakamoto?

Satoshi Nakamoto is the creator of bitcoin. “He” opted for anonymity and never really revealed anything about himself and his life, but the mystery can be explored by studying the earliest bitcoin related works.

Satoshi’s contribution to bitcoin

Satoshi invented the bitcoin protocol – the rules that make bitcoin work – by publishing a paper in November 2008 via the Cryptography Mailing List.

After the paper gained acceptance, he went on to release the primary version of the bitcoin software in the year 2009. He worked with the people on the open-source team but finally bid goodbye to them in the spring of 2011. In April 2013, his last email to one of the software developers said, “I’ve moved on to other things. It’s in good hands with Gavin and everyone.”

But whosoever the inventor is, he must be credited for a thoroughly thought-out system, which in the long run has the potential to overtake the fiat currencies. As a token of respect, the smallest divisible amount of bitcoin, which is one hundred millionth of a bitcoin, has been named “Satoshi” after the founder.

The speculation surrounding Satoshi

One of the many speculations and guesses regarding the identity of Satoshi was that the inventor was a 64-year old Japanese man living in California. The man in question was another Nakamoto, who denied this news immediately and issued a statement regarding the same. As of now, it is still is not proven if the founder was even a Japanese! In fact, there is no substantial evidence to prove if ‘he’ was indeed a “he” or was the person a “she” or were there more than one person in shaping the legacy of bitcoin.

But even now the speculations continue to run amok. Several people have been named as the probable founder of the bitcoin. The New Yorker’s Joshua Davis pointed out that a graduate cryptography student of Dublin Trinity College, Michael Clear, was the original Satoshi Nakamoto after analyzing 80,000 words of Nakamoto’s online writings. Adam Penenberg at FastCompany, believed that Nakamoto may have actually been three people: Neal King, Vladimir Oksman and Charles Bry.

But out of these many, the primary suspects are:

Nick Szabo

Nick Szabo is the author of bitgold and is believed by many to be Satoshi himself, but yet again, there are no hard evidences to support the fact. All that is available now is just some random information about him. There are no pictures, recorded information, personal and professional details of him available anywhere.

It was earlier thought that he was a law professor at the George Washington University, but the institution has clearly stated that there was never a professor by that name.

Dorian S. Nakamoto

picture of dorian nakamotoDorian Satoshi Nakamoto is a Japanese living in California and has been widely assumed to be the real Satoshi for the obvious reason.

The man, who once worked for a defense contractor, has several times, publicly denied being the father of bitcoin.

Eventually, Dorian had to hire a lawyer and release an official statement regarding the same.

Hal Finney

picture of hal finneyThe 57-year old Finney, in a recent Forbes interview, has denied being a part of the bitcoin creation.

But, it is also well-known that Finney is the second-ever user of bitcoin after Satoshi Nakamoto and received the first bitcoin test transaction from Nakamoto in early 2009, as he has himself written in a post to bitcointalk forum.

Nobody knows if we will ever get to know who the real Satoshi is and why did he go in hiding, but one thing is for sure; he has indeed presented us with a system which is now a lot bigger than Satoshi himself.