• The Informer Post
  • Posts
  • One Man Stands Out As Likely Bitcoin (BTC) Creator Satoshi Nakamoto, According to Ethereum Co-Founder

One Man Stands Out As Likely Bitcoin (BTC) Creator Satoshi Nakamoto, According to Ethereum Co-Founder

May 29, 2020

[the_ad id="93550"]

Cardano creator Charles Hoskinson thinks Blockstream CEO Adam Back could be Satoshi Nakamoto, the pseudonymous founder of Bitcoin.

Hoskinson says there are a slew of reasons why he thinks it’s a possibility that Back fits the bill, including his experience in cryptography and privacy.

Back is the inventor of Hashcash, a proof-of-work system that ultimately became a cornerstone for BTC.

Says Hoskinson, via Cointelegraph,

“These are just great examples of what you would expect from the inventor of a proto-system that’s almost Bitcoin, to kind of keep doing that research. The other thing is that Back is an expert in cryptography and he has a lot of experience in privacy.

So you say, OK, who would have enough operational security knowledge to create an alias that’s very secure and capable of defending against? That would be Back. Back was friends with Hal Finney. They knew each other for a long time. The very second person to enter the Bitcoin space.” 

Hoskinson, who co-founded Ethereum, also says Back has inconsistently described his interactions with Nakamato during the early days of Bitcoin.

“There’s been some changing stories there. First he said he ignored Satoshi, and then I guess he had some emails with him. Like, OK, again, is it important? No… If it is Adam Back, I suspect on his deathbed he’ll let the world know.” 

Back, however, denies that he is Nakamoto.

Metaphorically "We are all Satoshi" but concretely I am not.

— Adam Back (@adam3us) May 26, 2020

The Cardano creator says disagreement over Nakamoto’s identity is a positive thing.

That's a good thing. Means the alias is working if people can have divergent reasonable opinions. Best to leave the old dog sleeping and move on

— Charles Hoskinson (@IOHK_Charles) May 26, 2020

[the_ad id="95413"]

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.