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The Search for Satoshi Nakamoto is on! Looking at 7 Suspected Bitcoin Creators

In the last decade, the cryptocurrency enthusiasts are discussing the true identity of Bitcoin’s creator Satoshi Nakamoto.

Until now, the Satoshi Nakamoto mystery continues to prevail; then, throughout the years, there have been a significant number of suspects and the self-proclaimed crypto inventors.

“Satoshi Nakamoto” is the name that is used by the pseudonymous person or persons that created the white paper and advanced the original Bitcoin codebase. With the development of the first blockchain distributed ledger, Nakamoto cracked the infamous computational issue called the “Byzantine generals’ problem” or the “Byzantine Fault.”

The Suspected Satoshis

Hal Finney

Finney is undoubtedly one of the most popular Satoshi candidates and here’s why:

For example, Finney was an experienced developer and one of the first individuals to run the Bitcoin codebase. Harold Thomas Finney II certainly had the expertise to invent the Bitcoin, as he was a famous developer for the PGP Corporation.

The possibilities include his Libertarian leanings, his location in California, and his simultaneous retirement timeframe from the PGP Corporation. Finney was also the network’s first business recipient. Notwithstanding the many clues, Finney passed away in August 2014, and until to this day, no one can genuinely approve if the California-based cypherpunk was Satoshi.

Nick Szabo

Szabo devised the term and the concept “smarts contracts” and has written expansively about the cryptography and contract law. Other exciting factoids include how the Bit Gold blog post publishing date was changed and how Wei Dai allegedly told Satoshi about Bit Gold creation in an email discussion.

However, Szabo isn’t a cypherpunk, and he doesn’t even share the same vision for Bitcoin, and Szabo’s rehabilitated blog post date is imprecise.

Shinichi Mochizuki

Shinichi Mochizuki is an incomprehensible character and is not widely known, although his long history of mathematical innovation made him a Satoshi suspect.

Aside from being a mathematics prodigy, Mochizuki has an American background and British English writing style similar to Bitcoin’s creator. However, to create the blockchain codebase, Mochizuki has taken off the map when it comes to Satoshi suspects.

Ian Grigg

The financial cryptographer and inventor of Ricardian contracts, Ian Grigg. This article discussed the many facts that show Grigg could be Satoshi and how he has the technical capability. For example, Grigg wrote his 2005 paper called “Triple-Entry Accounting.”

The paper discussed the idea of blockchain technology and then solving the “Byzantine generals’ problem” three years before the introduction of Bitcoin. Grigg is also associated with the self-proclaimed Bitcoin inventor Craig Wright. His relations with Wright have made people believe Grigg was a team member who calls themselves “Satoshi Nakamoto.” Furthermore, data scientist Michael Chon stated that Satoshi’s emails matched Grigg’s writing style in a stylometry test.

Dorian Nakamoto

Back in March 2014, the California-native and Japanese American engineer Dorian Nakamoto was accused of being Satoshi. When Newsweek columnist Leah McGrath Goodman had printed a story titled “The Face Behind Bitcoin.” McGrath-Goodman’s editorial was based on the rumor that Dorian was proficient in producing the blockchain codebase.

She also noted that Dorian’s birth name is Satoshi Nakamoto.

However, Dorian said he was “no longer involved in that” he wasn’t stating to Bitcoin; he talked about personal engineering projects that he has worked on for the government. Dorian had immediately denied being Satoshi when he spoke with a reporter about the incident with the journalist who had doxxed him.

Wei Dai

All the evidence that pinpoints to Dai being Satoshi is decently incidental, and it is based on the fact that he is capable of the creation.

Furthermore, Dai is also referenced in the Bitcoin white paper, as its creator has cited the b-money white paper. Adding to that, there are many similarities between Wei Dai and Satoshi Nakamoto’s written text. On the other hand, it seems Dai and Nakamoto wrote to each other thru email communication, and Dai would have to have been playing the ‘double agent’ role.

Adam Back

The Blockstream CEO, Adam Back, has described the technology as early as 1998. Back also dished out of the public eye, though Satoshi Nakamoto was with the community, and then he returned almost as soon as Satoshi left in the year 2010. Furthermore, Satoshi’s writing style is also compared with Back’s written penmanship, for they both double space and spell their words in a British way.

Adam Back could always influence credible deniability for this allegation. Back has denied the accusation and has also debated the subject on social media.

Many More Acknowledged Bitcoin Inventors and Suspected Satoshi’s

There are still numerous self-styled Nakamotos and suspects, and one can write a book about the veer of unique individuals. Namely:

Craig Wright, a friend of the Escobar family

The criminal mastermind Paul Le Roux,


Former Bitcoin lead upholder Gavin Andresen

BitTorrent creator Bram Cohen

Craig Wright’s previous business partner Dave Kleiman

The barefaced Hawaiian holder Ronald Keala Kua Maria

Fabio impersonator Jörg Molt

The Pakistani press release candidate Bilal Khalid

And lastly,

The Belgium native Debo Jurgen Etienne Guido

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