Blockchain co-inventor, Scott Stornetta discusses why Satoshi’s Bitcoin (BTC) design diverted from his implementation of blockchain. In our previous articles, we described Stornetta’s views on Satoshi’s background and the philosophical evidence of why Stornetta could have been Satoshi. Now, we focus on an important design difference between the original blockchain that Stornetta created with longtime partner Stuart Haber and Satoshi’s Bitcoin. Block rotation vs. validation rotation In the original blockchain, there was no rotation of the block producers. Instead, block validation was decentralized. Also, since there was no built-in cryptocurrency, the reward was paid out in cash. Stornetta believes that …

In an exclusive interview with Cointelegraph during Virtual Blockchain Week, privacy coin advocate, fugitive, and self-proclaimed candidate for the president of the United States, John McAfee, asserted that he knows the identity of Satoshi Nakmoto with 99% certainty. The discussion came following an eventful discussion at the conference, with McAfee rejecting COVID-19 as a government conspiracy and brandishing his AK-47 on camera. McAfee is 99% certain he knows who Satoshi Nakamoto is Speaking to Cointelegraph, McAfee described the popular belief that an individual named Satoshi designed Bitcoin as “nonsense,” stating: “It was a team of eleven people over a period …

Blockchain co-inventor, Scott Stornetta, profiles Satoshi Nakamoto for Cointelegraph. In a recent Cointelegraph interview, Stornetta explained why he could not have been Satoshi Nakamoto, or part of Bitcoin’s creation. He also ruled out Craig Wright as a possible candidate. Although he may not know the true identity of Bitcoin (BTC)’s founder, Stornetta shared some possible insights into the creator’s background. Being a cypherpunk is enough Stornetta tends to believe that Satoshi was rather an individual than a team. He discounts the argument that in order to create Bitcoin, one would have needed to be knowledgeable in too many disciplines — …

Blockchain co-inventor, Scott Stornetta talks about the origins of the name “Satoshi Nakamoto” and why he isn’t him. The original Bitcoin (BTC) whitepaper references eight works. One of them is a general book on probability, the rest are foundational to the cryptocurrency space. Three of those works were co-authored by Stornetta. In a 1991 paper, “How to time-stamp a digital document”, Stornetta and his longtime partner Stuart Haber proposed a decentralized scheme that would allow to certify when a file was created or changed: “We propose computationally practical procedures for digital time-stamping of such documents so that it is infeasible …

It’s been a good week for Bitcoin. After languishing at around $6,700, the cryptocoin is up more than 6 percent over the last week to take it above $7,000. And the next halving is now less than three weeks away. Changpeng Zhao is looking further ahead. He predicts that in a few months, as governments implement quantitative easing measures to stabilize coronavirus-hit economies, Bitcoin will rise. “Mathematics works, he told BlockDown 2020, a two-day virtual conference. “If you increase supply of the fiat currency and Bitcoin is a limited asset, mathematics will eventually work.” For crypto-ATM services like DigitalMint and …

Bitcoin SV’s Jimmy Nguyen has denied claims he is “intentionally evading” a subpoena in the long-running court case brought by the Kleiman estate against Satoshi-claimant Craig Wright. Nguyen’s legal team has submitted an opposition to the Kleiman estate’s motion that he comply with a subpoena to produce documents and testify in the case, which involves a dispute over ownership of the 1.1 million Bitcoin Dave Kleiman allegedly mined with Wright. The plaintiffs had argued "Mr Nguyen may be intentionally evading service" based on the "sheer number of unsuccessful service attempts." But Nguyen’s submission said he wasn’t difficult to track down, …

An anonymous post on the Cypherpunks mailing list from 21 years ago discusses the idea of “ecash,” and the speculation in the crypto community is that it might belong to a pre-Bitcoin Satoshi Nakamoto. “Cypherpunk” refers to a movement that emerged in the 1980s advocating cryptography and other privacy-enhancing technologies as tools for promoting social change. Many of the early Bitcoin supporters were part of the Cypherpunks mailing list, including Adam Back, Hal Finney, and Nick Szabo. We do not know with any certainty whether Satoshi Nakamoto was ever part of the forum, but he surely would have been familiar …

Another episode of the Kleiman v. Wright saga concluded Monday with District Court Judge Beth Bloom ordering Craig Wright to turn over the 11,000-plus documents that Wright had declared “privileged.” Riveting the crypto world for more than two years, the case centers on 1.1 million Bitcoin that may or may not have been mined by Satoshi Nakamoto, Bitcoin’s founder, which may or may not be in a trust controlled by Craig Wright, who claims to be Satoshi Nakamoto himself. If any Bitcoins are retrieved, Wright may have to share them with the estate of his former business partner, the late …

There may soon be a new twist in the long-running legal case involving famous self-proclaimed Bitcoin (BTC) creator, Craig Wright, and the estate of his alleged former partner, Dave Kleiman. Wright, one of the most well-known figures to claim the mantle of Bitcoin’s creator, Satoshi Nakamoto, has been ordered to provide documents supporting the case by April 17. In an April 13 court order, United States district court Judge Beth Bloom overruled Wright’s objection to providing case documents on the basis of attorney-client and spousal privilege. Wright is once again ordered to provide real evidence for holding his Bitcoin fortune …

Crag Wright, the self-proclaimed Satoshi Nakamoto and chief scientist at NChain, has dropped a libel lawsuit against Adam Back over the Blockstream chief executive’s assertion that Wright was fraudulent in claiming to be the creator of Bitcoin (BTC). Wright filed the complaint alongside similar suits targeting Ethereum cofounder Vitalik Buterin, Bitcoin.com founder Roger Ver, podcaster Peter McCormack, and Twitter user ‘Hodlnaut’ one year ago. Craig Wright drops libel suit against Blockstream CEO On April 12, Adam Back tweeted that Craig Wright had abandoned his libel suit. Back stated that Wright’s representation “declined to give any explanation of why Craig retracted.” …

The man who claims to have written the Bitcoin (BTC) whitepaper may not have written his own law degree dissertation. That’s the picture painted by “PaintedFrog,” the pseudonymous writer of a Medium post on April 9. This post demonstrates large-scale similarities between Wright’s dissertation and several other publicly available sources. Wright’s dissertation for his LLM in International Commercial Law for Northumbria University was written in 2008, titled The Impact of Internet Intermediary Liability. Yet the following screenshot suggests much of Wright’s paper was lifted wholesale from Hillary E. Pearson’s 1996 paper, Liability of Internet Service Providers. Left: Wright’s 2008 dissertation; …

Charles Hoskinson suggests applying stylometric techniques to find Satoshi Nakamoto, but there is a caveat. Stylometrics In an April 5 interview, Ethereum (ETH) co-founder and founder of Cardano (ADA) Charles Hoskinson suggested that the most effective way to find the person or team behind Bitcoin (BTC) is to apply stylometric techniques. Stylometry is the application of the study of linguistic style, usually to written language. This technique had been previously applied to Satoshi Nakamoto’s writing without conclusive results. Use the code instead Hoskinson suggested instead of using Nakamoto’s writing, use his code. Hoskinson explained to Cointelegraph why this could be …