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Author Topic: [2015-05-15] Decoding the Enigma of Satoshi Nakamoto and the Birth of Bitcoin  (Read 788 times)
LiteCoinGuy (OP)
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May 15, 2015, 02:38:49 PM
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Decoding the Enigma of Satoshi Nakamoto and the Birth of Bitcoin

It is one of the great mysteries of the digital age.

The hunt for Satoshi Nakamoto, the elusive creator of Bitcoin, has captivated even those who think the virtual currency is some sort of online Ponzi scheme. A legend has emerged from a jumble of facts: Someone using the name Satoshi Nakamoto released the software for Bitcoin in early 2009 and communicated with the nascent currency’s users via email — but never by phone or in person. Then, in 2011, just as the technology began to attract wider attention, the emails stopped. Suddenly, Satoshi was gone, but the stories grew larger.

http://www.nytimes.com/2015/05/17/business/decoding-the-enigma-of-satoshi-nakamoto-and-the-birth-of-bitcoin.html?_r=0



interesting article. i would like the idea that Nick is Satoshi...Nick seems to be a cool guy  Cheesy

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May 15, 2015, 04:26:22 PM
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Many in the Bitcoin community told me that, in deference to the Bitcoin creator’s clear desire for privacy, they didn’t want to see the wizard unmasked. But even among those who said this, few could resist debating the clues the founder left behind. As I had these conversations with the programmers and entrepreneurs who are most deeply involved in Bitcoin, I encountered a quiet but widely held belief that much of the most convincing evidence pointed to a reclusive American man of Hungarian descent named Nick Szabo.

I'm with these guys. If he wants to stay anon then he should remain so. The only way I'd want his identity to be known is if he decides to reveal it himself, though his enigmatic nature does intrigue me, though I'm also sure if we could put a name to a face it would likely be disappointing and ruin the enigma.
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May 15, 2015, 04:56:41 PM
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This whole mystery about Satoshi seems to be a major play in a large way on that movie "The Usual Suspects" just in a different way.
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May 16, 2015, 09:43:39 AM
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The article points out a wide range of 'coincidences' between the activities of nick Szabo and Satoshi. Too many to call them just coincidences or to ignore them.

A) Nick acknowledged that .... he was among a small group of people who .... laid the foundation for Bitcoin and created many parts that later went into the virtual currency.

B) Nick's most notable contribution was a Bitcoin predecessor known as bit gold that achieved many of the same goals using similar tools of advanced math and cryptography.

C) In 2014, Nick joined Vaurum, a Bitcoin start-up based in Palo Alto, Calif., that was operating in stealth mode and that aimed to build a better Bitcoin exchange. After his arrival, Mr. Szabo helped reorient the company to take advantage of the Bitcoin software’s capability for so-called smart contracts.

D) While Nick was at Vaurum, the array of arcane skills and knowledge at his command led several colleagues to conclude that Mr. Szabo was most likely involved in the creation of Bitcoin.

E) Nick mentioned bit gold, saying it harnessed many of the same obscure concepts, like secure property titles and digital time stamps, that made Bitcoin possible. He also said "....you can go through secure property titles and bit gold — there are so many parallels between that and Bitcoin that you can’t find anywhere else.”

F) Many concepts central to Bitcoin were developed in an online community known as the Cypherpunks, a loosely organized group of digital privacy activists. As part of their mission, they set out to create digital money that would be as anonymous as physical cash. Mr. Szabo was a member.

G) He worked for six months as a consultant for a company called DigiCash.

H) In 1998, he sent the outline for his own version of digital money, which he called bit gold, to a small group that was still pursuing the project, including Mr. Dai and Hal Finney, a programmer based in Santa Barbara, Calif., who tried to create a working version of bit gold.

I) When Satoshi Nakamoto’s paper describing Bitcoin appeared in the fall of 2008, it cited Mr. Back’s hashcash. The first people Satoshi emailed privately were Mr. Back and Mr. Dai, both men have said. And Mr. Finney, who recently died, helped Satoshi improve the Bitcoin software. All these people were members of Cypherpunk community.

J) In spring 2008, before anyone had ever heard of Satoshi Nakamoto or Bitcoin, Mr. Szabo revived his bit gold idea on his personal blog, and in an online conversation about creating a live version of the virtual currency, he asked his readers: “Anybody want to help me code one up?” After Bitcoin appeared, Mr. Szabo changed the date on that blog post. It then looked as though it was written after Bitcoin’s release, rather than before, archived versions of the website show.

K) In 2014, researchers at Aston University, in England, compared the writing of several people who have been suspected to be Satoshi and found that none matched up nearly as well as Mr. Szabo’s.

L) Unlike Mr. Dai, Mr. Finney and Mr. Back, Mr. Szabo has not released any correspondence from Satoshi from this period or acknowledged communicating with him.

M) He wrote about it again at greater length, noting the similarity between bit gold and Bitcoin. He acknowledged that few people would have had the expertise and the instinct to create either of them.

N) May 2011 was when Mr. Szabo went on a lengthy hiatus to work, on a new concept he called temporal programming. May 2011 was also the last time Satoshi communicated privately with other Bitcoin contributors. In an email that month to Martti Malmi, one of the earliest participants, Satoshi wrote, “I’ve moved on to other things and probably won’t be around in the future.”


Last but not least:


Dajve
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May 16, 2015, 10:29:21 AM
 #5

The article points out a wide range of 'coincidences' between the activities of nick Szabo and Satoshi. Too many to call them just coincidences or to ignore them.

Yeah, my money is on Szabo, though I wasn't 100% convinced until I saw this:



 Grin
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May 18, 2015, 07:05:18 AM
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This is the glue for the puzzle ---> " But he acknowledged that his history left little question that he was among a small group of people who, over decades, working sometimes cooperatively and sometimes in competition, laid the foundation for Bitcoin and created many parts that later went into the virtual currency. " - He is not Satoshi, but he is part of a group of people, that created the Bitcoin protocol.

The stuff he wrote on Cypherpunks in 1993 ......Some people, he wrote, “are libertarians who want government out of our lives, others are liberals fighting the N.S.A., others find it great fun to ding people in power with cool hacks.”

Mr. Dai and Hal Finney also formed part of this group... They got scared when Gavin approached the government security agencies and they pulled out and denied any involvement.

Well, that is my take on it.  Wink

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May 18, 2015, 09:04:14 AM
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What creates more suspicion is that he changed the authoring date on his blog post about Bit Gold to make it look like it was posted AFTER the release of Bitcoin, when in fact it was published BEFORE the release of Bitcoin - or at lease what the web archive shows.

If he truly had no connections to Satoshi or Bitcoin, why would he care to do that?
LiteCoinGuy (OP)
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May 19, 2015, 03:38:09 PM
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you should be more careful Nick  Smiley

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