Difference between revisions of "Satoshi Nakamoto"

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'''Satoshi Nakamoto''' is the pseudonymous person or group of people who designed and created the original [[Bitcoin]] software, currently known as [[Bitcoin-Qt]].
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:''For the unit, see [[satoshi (unit)]].''
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'''Satoshi Nakamoto''' is the founder of [[Bitcoin]] and initial creator of the [[Original Bitcoin client]]. He has said in a P2P foundation profile<ref name="p2p_f_profile">[http://p2pfoundation.ning.com/profile/SatoshiNakamoto Satoshi Nakamoto profile on P2P Foundation]</ref> that he is from Japan. Beyond that, not much else is known about him and his identity. He has been working on the Bitcoin project since 2007.<ref>[https://bitcointalk.org/index.php?topic=13.msg46#msg46 Re: Questions about Bitcoin]</ref>
  
His involvement in the original [[Bitcoin]] software does not appear to extend past mid-2010.
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His involvement in the Bitcoin project had tapered and by late 2010 it has ended.  The most recent messages reportedly indicate that Satoshi is "gone for good"<ref>[http://bitcoinstats.com/irc/bitcoin-dev/logs/2011/04/26#l1303826036.0 Transcript of #bitcoin-dev for 2011/04/26]</ref>.
  
==Identity==
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==Possible Motives==
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He left some clues about why he is doing this project with the inclusion of the following text in the [[Genesis block]], "The Times 03/Jan/2009 Chancellor on brink of second bailout for banks".
  
There are no records of Nakamoto's identity or identities prior to the creation of [[Bitcoin]]. On his [[P2P foundation]] profile, Nakamoto claimed to be an individual male at the age of 37 and of [[Japanese]] origin, which was met with great skepticism due to his use of English and his Bitcoin [[software]] not being documented nor labeled in Japanese.
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Some interesting quotes:
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<blockquote><p>Yes, [we will not find a solution to political problems in cryptography,] but we can win a major battle in the arms race and gain a new territory of  
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freedom for several years.</p>
  
British formatting in his written work implies Nakamoto is of British origin. However, he also sometimes used American spelling, which may indicate that he was intentionally trying (but failed) to mask his writing style, or that he is more than one person.
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<p>Governments are good at cutting off the heads of a centrally controlled
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networks like Napster, but pure P2P networks like Gnutella and Tor seem to be
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holding their own.<ref>[http://www.mail-archive.com/cryptography@metzdowd.com/msg09971.html Re: Bitcoin P2P e-cash paper Fri, 07 Nov 2008 09:30:36 -0800]</ref></p></blockquote>
  
The first release of his original [[Bitcoin]] software is speculated to be of a collabrative effort, leading some to claim that Satoshi Nakamoto was a collective pseudonym for a group of people.
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<blockquote>It's very attractive to the libertarian viewpoint if we can explain it
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properly.  I'm better with code than with words though.<ref>[http://www.mail-archive.com/cryptography@metzdowd.com/msg10001.html Re: Bitcoin P2P e-cash paper Fri, 14 Nov 2008 14:29:22]</ref></blockquote>
  
==Work==
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==Possible identity==
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His identity and nationality are unknown.
  
Nakamoto has claimed that he has been working on Bitcoin since 2007. In 2008, he published a paper on The Cryptography Mailing List at metzdowd.com describing the Bitcoin digital currency. In 2009, he released the first [[Bitcoin]] software that launched the network and the first units of the Bitcoin [[currency]].
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He is entirely unknown outside of Bitcoin as far as anyone can tell, and his (never used) PGP key was created just months prior to the date of the genesis block. He seems to be very familiar with the cryptography mailing list, but there are no non-Bitcoin posts from him on it. He has used an email address from an anonymous mail hosting service (vistomail) as well as one from a free webmail account (gmx.com) and sends mail when connected via Tor. Some have speculated that his entire identity was created in advance in order to protect himself or the network. Perhaps he chose the name Satoshi because it can mean "wisdom" or "reason" and Nakamoto can mean "Central source".
  
Version 0.1 was for Windows only and had no command-line interface. It was compiled using Microsoft Visual Studio. The code was elegant in some ways and inelegant in others. The code does not appear to have been written by either a total amateur or a professional programmer; some people speculate based on this that Satoshi was an academic with a lot of theoretical knowledge but not much programming experience. Version 0.1 was remarkably complete. If Satoshi truly only worked on it alone for two years, he must have spent a massive amount of time on the project.
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Ultimately the design of Bitcoin and its use of cryptographic proof and fully open implementation is one that makes its creator, in a sense, irrelevant and only of interest for historical reasons.
  
Nakamoto was active in making modifications to the Bitcoin software and posting technical information on the [[Bitcoin Forum]] until his contact with other Bitcoin developers and the community gradually began to fade in mid-2010. Until a few months before he left, almost all modifications to the source code were done by Satoshi -- he accepted contributions relatively rarely. Just before he left, he set up [[Gavin Andresen]] as his successor by giving him access to the Bitcoin SourceForge project and a copy of the [[Alerts|alert key]].
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==External links==
 
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* [http://bitcointalk.org/Satoshi_Nakamoto.asc Satoshi's PGP public key]
==Motives==
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* [http://www.bitcoin.org/bitcoin.pdf Bitcoin: A Peer-to-Peer Electronic Cash System] Paper
 
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* <s>[http://sourceforge.net/users/s_nakamoto SourceForge page]</s> <i>this link is invalid as of [https://timestamps.glencooper.com/ 20190522T0153Z] :-(</i>
Nakamoto's work appears to be politically motivated, as quoted:
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* [http://nakamotoinstitute.org Satoshi Nakamoto Institute]
 
 
"Yes, [we will not find a solution to political problems in cryptography,] but we can win a major battle in the arms race and gain a new territory of freedom for several years. Governments are good at cutting off the heads of a centrally controlled networks like Napster, but pure P2P networks like Gnutella and Tor seem to be holding their own." - Satoshi Nakamoto
 
 
 
"[Bitcoin is] very attractive to the libertarian viewpoint if we can explain it properly. I'm better with code than with words though." - Satoshi Nakamoto
 
 
 
In the Bitcoin network's transaction database, the original entry has a note by Nakamoto that reads as:
 
 
 
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"
 
 
 
Some claim this quote implies Nakamoto had great concern or contempt for the current [[central banking]] system.
 
 
 
==Influence==
 
The smallest unit of the [[Bitcoin]] currency (1/100,000,000) has been named "satoshi" in collective homage to his founding of [[Bitcoin]].
 
  
 
==References==
 
==References==
*[http://bitcoin.org/bitcoin.pdf Bitcoin: A Peer-to-Peer Electronic Cash System by Satoshi Nakamoto]
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<references/>
*[http://www.wired.com/magazine/2011/11/mf_bitcoin/ The Rise and Fall of Bitcoin]
 
*[http://betabeat.com/2011/10/did-the-new-yorkers-joshua-davis-nail-the-identity-of-bitcoin-creator-satoshi-nakamoto/ The New Yorker’s Joshua Davis Attempts to Identify Bitcoin Creator Satoshi Nakamoto]
 
*[http://www.newyorker.com/reporting/2011/10/10/111010fa_fact_davis The Crypto-Currency: Bitcoin and its mysterious inventor]
 
*[http://www.fastcompany.com/1785445/bitcoin-crypto-currency-mystery-reopened The Bitcoin Crypto-Currency Mystery Reopened]
 
*[http://www.mail-archive.com/search?l=cryptography@metzdowd.com&q=from:%22Satoshi+Nakamoto%22 Satoshi's posts to Cryptography mailing list]
 
 
 
  
[[Category:Pseudonyms]]
 
 
[[de:Satoshi Nakamoto]]
 
[[de:Satoshi Nakamoto]]
 
[[es:Satoshi Nakamoto]]
 
[[es:Satoshi Nakamoto]]
  
[[Category:Individuals]]
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[[Category:People]]

Latest revision as of 16:10, 8 April 2022

For the unit, see satoshi (unit).

Satoshi Nakamoto is the founder of Bitcoin and initial creator of the Original Bitcoin client. He has said in a P2P foundation profile[1] that he is from Japan. Beyond that, not much else is known about him and his identity. He has been working on the Bitcoin project since 2007.[2]

His involvement in the Bitcoin project had tapered and by late 2010 it has ended. The most recent messages reportedly indicate that Satoshi is "gone for good"[3].

Possible Motives

He left some clues about why he is doing this project with the inclusion of the following text in the Genesis block, "The Times 03/Jan/2009 Chancellor on brink of second bailout for banks".

Some interesting quotes:

Yes, [we will not find a solution to political problems in cryptography,] but we can win a major battle in the arms race and gain a new territory of freedom for several years.

Governments are good at cutting off the heads of a centrally controlled networks like Napster, but pure P2P networks like Gnutella and Tor seem to be holding their own.[4]

It's very attractive to the libertarian viewpoint if we can explain it properly. I'm better with code than with words though.[5]

Possible identity

His identity and nationality are unknown.

He is entirely unknown outside of Bitcoin as far as anyone can tell, and his (never used) PGP key was created just months prior to the date of the genesis block. He seems to be very familiar with the cryptography mailing list, but there are no non-Bitcoin posts from him on it. He has used an email address from an anonymous mail hosting service (vistomail) as well as one from a free webmail account (gmx.com) and sends mail when connected via Tor. Some have speculated that his entire identity was created in advance in order to protect himself or the network. Perhaps he chose the name Satoshi because it can mean "wisdom" or "reason" and Nakamoto can mean "Central source".

Ultimately the design of Bitcoin and its use of cryptographic proof and fully open implementation is one that makes its creator, in a sense, irrelevant and only of interest for historical reasons.

External links

References