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Academy Blockchain Concept Article

Satoshi Nakamoto

2019.11.11 OKEx

The pseudonym of the anonymous individual or group that created Bitcoin. Satoshi Nakamoto published the Bitcoin white paper in October 2008. They launched the network the following January.

The mysterious programmer continued to be involved in Bitcoin development until their departure in April 2011. In their final message to Bitcoin Core developer Mike Hearn, Nakamoto claimed that they had “moved on to other things.”

Like Nakamoto’s true identity, no one knows the reason behind the sudden disappearance. However, some speculate that the programmer was becoming uncomfortable with the attention Bitcoin was receiving — notably from the CIA.  

Since their disappearance, there have been plenty of rumors about who Nakamoto is or was. A few individuals have also claimed themselves to be Bitcoin’s creator. However, no one has ever proved it by signing a message using the cryptographic keys from Bitcoin’s Genesis Block or transacting any of the roughly 1 million BTC believed to have been mined by Nakamoto in the network’s infancy.

Disclaimer: This material should not be taken as the basis for making investment decisions, nor be construed as a recommendation to engage in investment transactions. Trading digital assets involve significant risk and can result in the loss of your invested capital. You should ensure that you fully understand the risk involved and take into consideration your level of experience, investment objectives and seek independent financial advice if necessary.



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