No one knows if he has died or even if he was born. He is credited as Dorian Prentice Satoshi Nakamoto and the father of Bitcoin and the concept of cryptocurrencies. He can be a person, a collective or an organization. There are no reliable images and hardly a trace. The gentleman who illustrates this news corresponds to a Japanese physicist, based in Los Angeles, whom Newsweek magazine said he had discovered. “Knowing the identity of the inventor of Bitcoin is just as relevant as knowing who invented the paper,” they point out on the official site of the famous cryptocurrency.
The void over his figure dates from December 12, 2010, when brief instructions were shared to prevent the collapse of his invention. “More work to do” (More work to do), in reference to the internal protection to avoid the feared DDoS attacks (denial of service), after pointing out that it had “added some DDoS limits, eliminating the safe mode”, but that its “The upgrade is absolutely not resilient,” as it is a “temporary measure after the 0.3.9 overflow bug,” he said.
It was then disconnected and the engineer was never heard from again. The eerie silence online and offline has thickened ever since. Previously, Nakamoto wrote 539 comments on the bitcointalk.org forum and signed 34 emails. In all of them, curiously, he always left two spaces after each sentence.
Nakamoto’s anonymity has its logic since the original use of cryptocurrency consisted of stealing funds from the treasury, ideal for the black market, always full of drug traffickers and thugs. Therefore, his person would be in search and capture in dozens of countries around the world, allegedly an accomplice in tax avoidance and money laundering. Apart from the above, the prodigy that these days is trading at all-time highs has already added ten years behind the scenes, since Nakamoto (or whoever it was) took a side step, to let the creature take flight. Market sources estimate that the professor could treasure close to a million Bitcoins, almost 20,000 million euros.
The new means of payment hatched in 2008, from the outset decentralized from central authorities and without intermediaries. , thanks to its architecture based on the chains of blocks of the blockchain.
Nakamoto’s instructions appeared in the essay Bitcoin: A Peer-to-Peer Electronic Cash System of barely two pages. The idea circulated stealthily among dozens of developers until it took shape in 2009 with the publication of the electronic payment system, through open source, to make it collaborative among the visionaries who then contributed their time and talent to the cause. They were the first miners, producers of Bitcoin, starting with the first node, named Genesis. Instead of breaking stone, miners need the processing power of their computers, and a lot of time of discrete activity to crack an increasingly complex mathematical problem in order to generate a simple Bitcoin. The work is very well paid, since each new block is rewarded with 25 Bitcoins, almost half a million euros in exchange. Of course, every ten minutes a new block is generated. So far there are 18.5 million Bitcoins on the market and the figure will increase to 21 million, when it will stop producing so as not to inject inflation into the system.
“Kicking a hornet’s nest isn’t very rational, but it’s tempting and fun. You do it fast and then you run like hell”
In recent days, the book Kicking the Hornet’s Nest has been published, featuring “the complete writings, emails and forum posts of Satoshi Nakamoto. The book is published by Mill Hill Books and reproduces the instructions of the promoter of the invention. The publisher justifies the title of the book with a brief note: “When I was a child, my brother and I occasionally ran into a hornet’s nest while we played in the woods. When we found it, all we had to do was throw a stone, shake it with a stick, or kick it. Kicking a hornet’s nest is not very rational, but it is very tempting and fun. You do it fast and then you run like hell,” according to the Bitcoin.com site.
Right now, the most mysterious character on the Internet could copy and paste this text into Deepl’s translator to find out what the Spanish press is saying about him. He could smooth his cat while he smiles inwardly at the size of a cryptocurrency whose capitalization already exceeds that of the largest bank in the world, equivalent to eight times Banco Santander. However, on the Decrypt website it ensures that almost one of the 10 Bitcoins has not moved in the last ten years, according to data extracted from the Glassnode platform. Specifically, 1.87 million Bitcoins have been frozen in limbo on the platform. Perhaps they are irretrievable, not only for those that Nakamoto could treasure, but for those curious who lost the 52-character alphanumeric password for their wallet, as happened to this editor eight years ago.
The latest anecdote about Nakamoto’s whereabouts was starred by actor Rainn Wilson, known as the eccentric Dwight Schute from the television series The Office (the US version). Through a video on YouTube, Wilson posed as Nakamoto to encourage his fans to donate Bitcoins to the Mona Foundation, for schools for underprivileged children.
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