Will Bitcoin (BTC) creator Satoshi reveal his true identity tonight?

Will Bitcoin (BTC) creator Satoshi reveal his true identity tonight?

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There are various rumors that the anonymous creator and developer of Bitcoin, Satoshi Nakamoto, will reveal himself. This would allegedly happen today at 4 pmEDT. However, it is doubtful whether this will actually happen.

Satoshi Nakamoto is not the real name of the creator, it is a pseudonym for the developers or developers. Nobody knows who is the inventor of the Bitcoin network. According to an announcement by a blockchain company, this will change tonight.

However, this has happened before, a company or person who claims to know who Satoshi is or claims to be Satoshi himself. Never has anyone been able to prove that he is, something that would be particularly easy in theory.

Satoshi Nakamoto brought to the world an open-source, decentralized, trustless, censorship-resistant currency based on math and cryptography.

If Satoshi wanted to reveal himself, he would sign a message with the genesis key. Anything short of that is most likely fraudulent.

Said Charlie Lee, the inventor, and developer of Litecoin. The real Satoshi would have access to the very first private key ever of the Bitcoin network. He or she could therefore simply sign a message with that key to prove to be the real Satoshi Nakamoto.

The reason that Satoshi remains anonymous is probably due to his efforts to develop a fully decentralized network. By staying anonymous, for example, nobody can put pressure on the original creator to make certain changes to the protocol. Bitcoin is thus a completely independent, independent system.

In short, returning to the recent rumors that Satoshi will make himself known; this is probably a PR stunt by a company, something that has happened often in the past.

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About Shawn Morrison 214 Articles
One of the founders of BitzArena. Active with crypto currency since the rise of the bitcoin. Loves the innovative character of crypto and blockchain technology, and follows developments in the market closely. Likes to connect technology with business, and likes to make difficult concepts accessible to a wide audience.

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