Satoshi Nakamoto: 5 Interesting Facts About Bitcoin Creators, Rare People Know!

The identity of Bitcoin creator Satoshi Nakamoto is still shrouded in mystery. (Photo; Doc. Modern Consensus)

Satoshi Nakamoto, the figure who created Bitcoin, is still a mystery today. No one knows whether Satoshi is an individual or a group of people. This is because Satoshi Nakamoto has not been identified to date.

However, although still mysterious, some interesting facts about him have been known. Here are some interesting facts about the creator of Bitcoin.

1. Whitepaper Bitcoin Written In Good English

Reported by CryptoPotato, no one knows who Satoshi Nakamoto really is. This name was used to send a white paper (whitepaper) about Bitcoin to a crypto billionaire. Although his name comes from Japanese, the white paper was written in very fluent English.

In addition, Satoshi refers to himself as "we" and "me", which makes us believe that there is a team behind this name. However, for simplicity, we will call it an individual here.

2. Satoshi Nakamoto Has 1 Million Bitcoins

Satoshi estimates to have more than one million Bitcoins. This means his current net worth is around 6.5 billion dollars. He disappeared from circulation in 2010, and it was difficult to estimate exactly how much he had.

However, with the help of correlations, it is estimated that a single entity started mining the Bitcoin blockchain from the first block and had the same performance as the Genesis block in 2009, suggesting that it might be Satoshi.

One million Bitcoin is a huge amount of money. While we assume that Satoshi Nakamoto is a team of 10 people, it still means every individual in the team has a huge value.

3. Myth Behind Satoshi Nakamoto's Name

Some people speculate that a group of companies is behind the name. They believe that Satoshi Nakamoto's name is actually an acronym for Samsung, TOshiba, NAKAmichi, and MOTOrola. Some other people think that Nick Szabo, a cryptograph, is the real person behind Satoshi.

In addition, there was Nick Szabo who sparked the Bit Gold concept before Bitcoin appeared. His style of writing also fits the style of writing in the white paper. Although there are rumors about Nick as Satoshi who actually does, Nick has never admitted this.

Some others consider that Hal Finney, a cryptograph, is Satoshi. He exists in the military to receive Satoshi's white paper. However, Hal has not confirmed this hypothesis.

4. Reason Satoshi Left Bitcoin Project

Some crypto experts believe Satoshi lost interest in Bitcoin and left the project. The coding becomes too difficult, and there are some shortcomings in the protocol that need to be resolved. Others believe that he is still actively involved but with another pseudonym this time. And there are also those who think that Satoshi is leaving because he thinks Bitcoin will not develop if he stays around.

Before Satoshi left, he made a post on Wikileaks that received Bitcoin. This led some to believe Satoshi became anxious about getting Wikileaks' attention and that's why he left.

5. Satoshi T-shirts Appear

Although Satoshi Nakamoto is not actually found, you can buy a shirt that says "I am Satoshi Nakamoto." Because no one knows who he really is, why miss the opportunity to claim his fame? This is probably why Craig Steven Wright, a computer scientist, claims that he is Satoshi who really is. However, he failed to provide the same evidence.

There is a lot of speculation about Satoshi's true identity. Whoever he is, we have to agree that Bitcoin is a product that changes the world. Here are 5 interesting facts about Bitcoin creator Satoshi Nakamoto who is rarely known.