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JAKARTA - Jameson Lopp, an American software engineer and columnist, analyzes the mysterious figure behind the creator of Bitcoin, Satoshi Nakamoto. Although there is much speculation that computer scientist Hal Finney is the person behind the pseudonym, Lopp points out several interesting examples that disprove this theory.

The identity of Satoshi Nakamoto, since the emergence of Bitcoin in 2009, has remained one of the biggest mysteries. Although Nakamoto's real identity did not influence the development of Bitcoin, this speculation had a real impact on some people, such as Hal Finney.

In his report, Lopp explains how speculation has affected the lives of Finney and Dorian Nakamoto, the California resident accused of being the creator of Bitcoin. Additionally, some fraudsters also claim to be Satoshi in hopes of capitalizing on his reputation.

Important evidence from Lopp's research emerged from a 10-mile race that Finney participated in on April 18, 2009. During Finney's 1 hour and 18 minute race, Satoshi exchanged emails with former Bitcoin developer Mike Hearn.

Lopp did some research into the time zones and timestamps of emails to explain this. Mike Hearn, who was based in Zurich at the time, received a response from Satoshi at 18:16 (local time), which was 09:16 Pacific time. It was just 2 minutes before Hal Finney crossed the finish line in California.

Skeptics might wonder if Finney had someone else take his place. However, third-party photographic evidence, such as photos from event service Photocrazy and photos taken by Finney's wife, confirm Hal's participation in the race.

Another important event occurred on the same day. Satoshi sent Mike Hearn 32.5 BTC, a transaction that was confirmed at 8:55 am Pacific time. It was only 20 minutes before Satoshi replied to Mike's email.

Transaction timing is very important. The previous block in the Bitcoin blockchain was mined at 8:28 am Pacific time. This indicates that the transaction Satoshi sent to Hearn was likely created, signed and broadcast between 8:28 a.m. and 8:55 a.m. - a period when Finney was still racing.

Further supporting evidence comes from an analysis of mining block subsidies. Blocks 11,407, 11,408, and 11,409 are all believed to be mined by "Patoshi", which is most likely Satoshi. According to Lopp's findings, the timing of these blocks again overlapped with Finney's race.

Lopp's research is a testament to the depth and complexity surrounding Satoshi Nakamoto's identity. While not definitively determining Nakamoto's identity, this research provides evidence that Hal Finney is not the mastermind behind Bitcoin.


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