LEGEND

The mastermind behind Bitcoin ( Developer of Bitcoin )

What is known is that Nakamoto developed Bitcoin , wrote the cryptocurrency ’ s original white paper , and deployed its reference implementation . Among their primary innovations was the resolution of digital currency ’ s ‘ double spend ’ flaw , wherein a single token could be transacted several times by one individual after already being used . This was counternanced by employing a peer-to-peer network to accurately record coin exchanges .

The primary development period for Bitcoin began in 2007 . During its first few years , all modifications of the crypto ’ s source code were carried out by Nakamoto . However , in 2010 , Gavin Andresen was given full control of its source code and Nakamoto reportedly ceased active involvement with Bitcoin .

Since the popular crypto ' s inception there has been copious speculation on Nakamoto ’ s true identity . Self proclamations of being born in 1975 and living in Japan have been met with scepticism : a preference for British English spelling and colloquialisms in verified forum posts have led some to believe Nakamoto could actually be from the Commonwealth of Nations . Similarly , timestamps between posts indicate that Nakamoto was most inactive between 2pm and 8pm Japanese time , even during weekends . Presuming that Nakamoto slept during these six hours , this potentially lends credence to the idea that they are not based in Japan .

Some specific ( but unverified ) identities have also been put forward , generally computer science experts of international renown . They include Hal Finney , Nick Szabo , Craig Wright , and Dorian Satoshi Nakamoto . The latter assertion , despite having the same name and being a trained physicist and systems engineer , is still unsubstantiated by anything other than circumstantial evidence .

Others believe that Bitcoin ’ s code is too sophisticated to have been created by an individual , and therefore must have been the product of a collective . Regardless , it is unlikely that Nakamoto ’ s true identity will be revealed unless they themselves choose to do so . With Bitcoin ’ s creation poised to be one of the most significant events in recent economic history – pathing the way , among other things , for the digitisation of currency and value – Nakamoto could one day be regarded as this century ’ s equivalent of the unnamed Chartres Cathedral architect .

18 July 2021