Today marks the 10-year anniversary of Satoshi Nakamoto’s final message
On Gregorian calendar month twenty six, 2011, Bitcoin’s onymous creator, Satoshi Nakamoto, allegedly left the aborning cryptocurrency community to figure on different comes. no one has been ready to track them down ever since.
Bitcoin creator Satoshi Nakamoto left the cryptocurrency community with a parting message specifically one decade past today: “I’ve stirred on to different things.”
In the years since, Bitcoin (BTC) has evolved from Associate in Nursing obscure, qabalistic project to a trillion-dollar money quality drawing attention from governments, money establishments, companies and investors. Despite dozens of plausible theories, Nakamoto’s identity remains elusive, and their calculable stash of one million BTC remains unmoved.
With a current BTC worth of around $54,000, Nakamoto’s projected fortune is roughly $54 billion. As Cointelegraph recently speculated, a BTC worth of $182,000 — thought-about probable by several crypto enthusiasts — would build Nakamoto the world’s richest person. Bitcoin’s worth peaked on top of $64,000 earlier this month before correcting lower.
The mystery close Nakamoto was the topic of a March Cointelegraph Brazil interview with Dustin D. Trammell, one in all the primary cypherpunks to mine the digital currency. therein interview, Trammell speculated that it had been unlikely Nakamoto worked on Associate in Nursing e-cash protocol before Bitcoin, given their “lack of bias” in implementing new technology.
“In hindsight, Satoshi didn’t seem to be trying to solve a technical problem, but rather a social problem. A systemic problem with the legacy financial system. At the time though, they were very focused on the technology, so some of the philosophical points may have been overlooked or downplayed by those not paying close enough attention.”
Although Bitcoin has nevertheless to measure up to all or any the tenants of Nakamoto’s original 2008 white book, its tested financial policy has created it a horny store important . For now, the narrative close Bitcoin being AN immutable “digital gold” is ringing with thought investors.
It’s not entirely clear whether or not Nakamoto can ever resurface — or whether or not they’re still alive, for that matter — however the cryptocurrency community has come back to terms with the founder’s namelessness. Nakamoto’s work spawned the widespread adoption of blockchain technology underneath a replacement attribute of decentralization. That attribute was recently on show within the Cointelegraph prime a hundred, with crypto’s most important person being “all of us” UN agency area unit tributary to a additional localised world:
“In these networks, in which we often participate pseudonymously, we sense the opportunity to regain some of what we’ve lost to increasingly centralized entities that capture our data, invade our privacy, dictate the terms under which we might exchange value, and specify the level of financial risk to which we should be exposed.”