Hello steemians today i want to talk about interesting story like a fairytale .
If you are cryptocurrency investor, bitcoin fan, you heard of this person name. the founder of bitcoin first person implementing blockchain technology, and deploying the first decentralized digital currency.
So who is this guy ?
Satoshi nakamoto
In October 2008, Nakamoto published a paper on The Cryptography Mailing list at metzdowd.com describing the bitcoin digital currency. It was titled Bitcoin: A Peer-to-Peer Electronic Cash System. In January 2009, Nakamoto released the first bitcoin software that launched the network and the first units of the bitcoin cryptocurrency, called bitcoins. Satoshi Nakamoto released the Version 0.1 of Bitcoin software on Sourceforge on 9 January 2009.
Nakamoto created a website with the domain name bitcoin.org and continued to collaborate with other developers on the bitcoin software until mid-2010. Around this time, he handed over control of the source code repository and network alert key to Gavin Andresen,[12] transferred several related domains to various prominent members of the bitcoin community, and stopped his involvement in the project. This is a background story of satoshi nakamoto according to wikipedia.org.
But actually no one know real identify of this person and have many doubt and many people are trying to claim the name of bitcoin founder example :
In 2014, Newsweek fingered a California man named Dorian Satoshi Nakamoto, who vigorously denied the report.
Then in 2016, an Australian named Craig Wright claimed he had invented the cryptocurrency. But other observers pointed out inconsistencies in the evidence Wright used and other elements known about “Satoshi’s” backstory, leading many to conclude it wasn’t him.
So there is no exact identified person some people said satoshi nakamoto is not 1 person instead it's group of people well even now there is no 100% evidence that who is satoshi nakamoto.
1,000,000 bitcoin holder
Even tough no one know about this person more rumors about he is holding roughly 1,000,000 bitcoin in his pocket
In 2013, Bitcoin watcher and head of cryptocurrency firm rsk.co Sergio Lerner wrote a series of blog posts explaining why he believes an account holding 980,000 individual Bitcoins belongs to Bitcoin’s mysterious founder, Satoshi Nakamoto.
Lerner analyzed the path of the first Bitcoins ever created, or “mined,” and traced them to a single mining source. Lerner then correlated this source to about 19,600 other Bitcoin “blocks,” which were actually just sets of cryptographic puzzles that, when solved, were worth 50 Bitcoins in 2010.
This mining entity stopped at 19,600, and never moved any of the Bitcoins it had earned. Lerner believed anyone who wasn’t Satoshi would have almost certainly tried to sell at least some of the Bitcoins, to take profits on what turned out to be as successful, if speculative, investment. The fact that none of the Bitcoins have been touched suggests the miner has “shown complete trust in Bitcoin” and is almost certainly therefore Satoshi,” according to Lerner.
Satoshi stash still contains 980,000 Bitcoins — which at current prices are worth about more than $9.3 billion and not spend single dime .
I really can't imagine if he use his bitcoin how market will move and what will happen in bitcoin at least i know is he is super rich guy
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Aren't these old adresses 'unusable'.
After all, pulling coins from them will destabilize the market.
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Yeah maybe but who knows we can't avoid possiblity of it's usable
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I'm not quite sure if Satoshi Nakamoto really exists. I know Vitalik Buterin, founder of Ethereum and Charlie Lee, founder of Litecoin. Why does Satoshi Nakamoto decide to stay anonymous? It could actually be group of people or an organization. Whoever or whatever he is, I'm grateful he invented Bitcoin and Blockchain.
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