Satoshi Nakamoto, the mysterious and anonymous creator of Bitcoin, has been successful in hiding his true identity ever since he published his Bitcoin whitepaper in 2008.
$3,000 that gives you unparalleled access to Web3’s community of top entrepreneurs, creators, investors, premium networking, priority access to global events, free access to Forbes.com and Forbes CryptoAsset & Blockchain Advisor newsletters, and more Get more benefits. Apply now!
Bitcoin has become a $1.2 trillion asset over the past 15 years (though one Wall Street titan predicts that the asset could rise even more) and is known only as Satoshi Nakamoto. This man, woman, or group is thought to have 1.1 million Bitcoins stored in a series of wallet addresses that, if they were still in control, would be worth nearly $70 billion. There is.
This time, HBO documentary filmmaker Karen Hoback named Bitcoin core developer Peter Todd, who has been involved with Bitcoin since 2010, as the person she believes to be the real-world identity of Satoshi Nakamoto. Nominated.
Sign up for your free CryptoCodex today. A daily 5-minute newsletter for traders, investors, and crypto enthusiasts to stay informed and ahead of bull runs in the Bitcoin and crypto markets.
Forbes JP Morgan quietly dumped $7.5 trillion in Bitcoin Donald Trump and the Federal Reserve’s stock market crash By: Billy Bambrough
The mystery of Satoshi Nakamoto has gripped the world of Bitcoin for the past 15 years, as the soaring price of Bitcoin… (+) turned an anonymous developer into a multi-billionaire.
NurPhoto (from Getty Images)
“The real reason they used the name Satoshi for anonymity is that people take Bitcoin seriously and believe that Bitcoin was created by a (famous cryptographer) rather than a kid who was still in school.” What if it was to make it happen?” Hoback said during his talk. Todd was in his early 20s and had earned an art degree in 2008 when Satoshi Nakamoto published the Bitcoin White Paper.
“I think this is probably what happened,” Hoback told Todd and Adam Back, CEO of Bitcoin developer Blockstream, who Todd has worked with since Bitcoin’s early days, on camera. he said.
“John Dillon, an anonymous BitcoinTalk contributor who some believe has ties to the intelligence community, envisioned the concept of fee replacement years ago, but felt that some type of “I think it was created to give us an excuse to create the concept that we had a 2010 post that required quite a cover,” Hoback told Todd. He cited Bitcoin Improvement Proposal 125, introduced by Todd in 2015, and a 2010 BitcoinTalk post in response to Satoshi Nakamoto, which Hoback believes was posted in error. Use Todd’s profile.
Mr. Hoback’s theory relies on chat log messages written by Mr. Todd, in which he states that he is “the world’s leading expert on how to sacrifice Bitcoin… I did it once, and I did it by hand,” Todd wrote.
Hoback characterized the message as a “confession” from Todd that he had destroyed Satoshi Nakamoto’s ability to access the 1.1 million bitcoins he allegedly held. is denied.
“It’s ridiculous,” Todd told Hoback, also denying that he was John Dillon. “If we put this into a documentary and a bunch of Bitcoiners saw it, it would be really interesting.”
Ahead of the documentary’s airing, a leaked clip surfaced online and went viral on social media site X.
In a statement to Coindesk, Todd denied that he was Satoshi Nakamoto and said Hoback was “grasping at straws.”
Who is Peter Todd?
Todd is a Canadian who began contributing to Bitcoin’s code in 2012 and calls himself X’s “crypto chronomancer.”
During Bitcoin’s so-called block size war, which lasted from August 2015 to November 2017, Todd, along with Adam Back and Blockstream, sided with the “small blockers” who wanted to maintain Bitcoin’s 1MB limit. and was against “big blockers.” “We wanted to increase block size to enable cheaper and faster transactions.
Small blockers won, and those who chose to increase their block size were forced to “fork” from Bitcoin, creating the cryptocurrency Bitcoin Cash.
Todd is the founder of OpenTimestamps, an open source project that aims to provide a standard format for blockchain timestamps.
He has worked on so-called “Bitcoin 2.0” projects such as Counterparty, Mastercoin and Colored Coins, and in 2016 was involved in launching the privacy coin zcash with NSA whistleblower Edward Snowden, and the computer used to create the cryptocurrency. was publicly destroyed.
Todd was accused of sexual misconduct in 2019 by privacy technology expert Isis Lovekruft, creator of the Onion browser that hides Tor’s identity, and filed a defamation lawsuit in 2020 in response to the allegations. It was settled.