Who is the master-mind behind bitcoin? What is the history of bitcoin? How is real bitcoin inventor? Who created bitcoin?. We are sure that questions like these boggle down your mind and you keep on reading different stuff at different websites. Well, fret no more! We are right here to help you out with these questions and of course you can thank us later 🙂
Who Created Bitcoin?
The very first time bitcoin was called out and anybody heard of it was in October 31, 2008 – when a software developer Satoshi Nakamoto published his research paper on “Bitcoin – A Peer-to-Peer Electronic Cash System”.
The technology in the research paper eventually rolled out as an open source code on January 3, 2009 wherein he sent it to an out-of-the-way mailing list for people having interest in cryptography and you guys would be surprised to know that when he sent that, he was pretty much ignored and did not got a single reply even after two days of sending the same ! See how immediately it gained popular consciousness within people and how today everybody is eager to read every possible information they can fetch from various sources about bitcoin, Reason is quite simple guys – Today a single bitcoin is valued at around $1000 (82,000 INR) – which is a significant growth in terms of comparison with other currencies. So this attitude change is justified in it own sense.
First time bitten by bitcoin bug were some computer coders where they found a solution to their long pending research of sending money directly over the internet just like handing cash directly to someone without requiring any middlemen. People got an alternative to government driven currencies, an open source money system without anybody’s ownership – free to move in the market. Well, people certainly adored this new digital asset reason being it’s interesting origin, ways of earning through solving mathematical puzzles, high security and yes of course its growing value with time!
Now, the question arises – Who is this anonymous figurehead Satoshi Nakamoto? Where is he now? Is he a mathematician? Is he a software developer? What is his true identity?Is he alive? Why didn’t he claimed for this amazing invention when he deserves a nobel prize for this? Again Who Created Bitcoin?
Who is Satoshi Nakamoto?
Let’s sort this out a bit, in 2012 Nakamoto was listed as a 37-year old male living in Japan, by his PRB foundation profile. On March 6, 2014 a US magazine Newsweek seemingly revealed Nakamoto’s true identity as a Japanese-American guy living in California whose birth name being Satoshi Nakamoto. It was also revealed that he was very talented and trained as a physicist, worked as a computer engineer and had been employed by financial information services companies.
Then, comes the twist to the story when Nakamoto’s P2P foundation account posted a message after some five years of silence confirming that Nakamoto was not the inventor of Bitcoin. Now what? Who is the real inventor of Bitcoin? Well in 2015, Wired reported that an Australian named Craig Steven Wright invented Bitcoin.
Who is Craig Steven Wright?
On May 2,2016, Craig finally admitted that he invented bitcoin under pseudonym of Satoshi Nakamoto, getting inspired by some 18th century Japanese philosopher Tominaga Nakamoto. Craig was born in Brisbane, Australia in October 1970. He holds a research and lecturing position in computer science at Charles Sturt University and also holds a PhD in theology.
He worked with several IT companies and designed the architecture for world’s first online casino – Lesseter’s Online, in 1999. Craig became the CEO of a technology company Hotwire PE and founded a cryptocurrency company DeMorgan Ltd. He is also the founder of Panopti Crypt Pvt Ltd – a cybersecurity and computer science forensic firm.
What is the proof that Craig Wright invented Bitcoin?
Well, Craig Wright invited some members of the press and some Bitcoin experts to “proof sessions” in London whereby he digitally signed messages using cryptographic keys, created in the early days of Bitcoin’s development – as per BBC. These keys are inextricably linked to blocks of Bitcoin that were already mined (by Satoshi as known by everybody else). These blocks were used to send 10 bitcoins to Hal Finney in Jan 2009 as the first bitcoin’s transaction.
You must have a look at Full Guide of What is Bitcoin to get a bigger picture about Bitcoins.
So guys finally you have the answer about bitcoin founder however, the doubts will always remain still. Well, I don’t think if it really matters who created bitcoin. Infact, we had known this from onset, bitcoin have never taken off this extent where it has reached today.
Majorly the anonymity, the interest, thoe mysteries behind this digital currency acted as a driving force of hitting the bull’s eye and making it visible to the people. I would say whoever has given this digital asset to us. May God bless whoever created bitcoin – have given the world something as wonderful as it could be, something that has changed the life of the people to entirety!
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