What Do We Know about Satoshi Nakamoto

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26 Oct 2022
25



We are aware of who invented Bitcoin: Nakamoto. According to the well-known Bitcoin white paper "Bitcoin: A Peer-to-Peer Electronic Cash System," which was posted online in October 2008, this statement is accurate.
The white paper that described the theoretical and organizational framework of the Bitcoin payment system was written by Nakamoto.

On the P2P Foundation forum in February 2009, Nakamoto posted the first message ever about cryptocurrencies.

"I've built a new open source P2P e-cash system called Bitcoin," wrote Nakamoto in this post. Because everything is based on crypto proof rather than on trust, there is no central server and no trusted third parties. Try it out or look at the screenshots and design paper instead.

Many millions of individuals have taken his counsel since his initial publication.
The data that makes up the Bitcoin blockchain was being verified by at least 1 million miners by 2021.

The estimated 100 million or more people who currently own Bitcoin are not all represented by the 1 million miners.

Currently, Bitcoin has surpassed all other major cryptocurrencies including Ethereum (ETH), Binance Coin (BNB), Cardano (ADA), and many others in terms of market cap.

But even with BTC’s astronomical value and adoption, we still don’t know the identity of Satoshi Nakomoto.

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