Satoshi can't be just one...

[Blawpaw]

Guys, correct me if I'm wrong but,
Considering the whole concept of how Bitcoins come into existence, Satoshi Nakamoto cannot be just one person, right? It must be a group...
if the whole thing lies in transactions, how could have Satoshi mined the genesis block all by himself?

[1715588235]

1715588235

[interbtc]

Guys, correct me if I'm wrong but,
Considering the whole concept of how Bitcoins come into existence, Satoshi Nakamoto cannot be just one person, right? It must be a group...
if the whole thing lies in transactions, how could have Satoshi mined the genesis block all by himself?

Review his old posts and u may change your opinion. Even if someone did join him later on, in the begining it was his own project, and i believe he
in fact was working most of the legwork on his own. Others just helped.

Genesis block anyone can mine afaik, and all the blocks after, until you distribute client to others you are alone in mining and diff is only affected by you,
you get all the blocks in 10 mins avg. per block, until others join in.

[NorrisK]

Guys, correct me if I'm wrong but,
Considering the whole concept of how Bitcoins come into existence, Satoshi Nakamoto cannot be just one person, right? It must be a group...
if the whole thing lies in transactions, how could have Satoshi mined the genesis block all by himself?

Satoshi mined most of the first blocks himself as nobody was on the network at the beginning, including the genesis block. You don't need others to mine that one.

Satoshi prepared the basics, published a whitepaper and did the initial coding. Soon after that, he realized he couldn't do all of it alone and found help in the community he build.

So yes, you are right, he didn't build bitcoin alone, there were several developers involved, that are still known to date.

[yenxz]

Guys, correct me if I'm wrong but,
Considering the whole concept of how Bitcoins come into existence, Satoshi Nakamoto cannot be just one person, right? It must be a group...
if the whole thing lies in transactions, how could have Satoshi mined the genesis block all by himself?

Satoshi is the project creator,and than some people or team help him to develope,so satoshi is one person i think

[interbtc]

Guys, correct me if I'm wrong but,
Considering the whole concept of how Bitcoins come into existence, Satoshi Nakamoto cannot be just one person, right? It must be a group...
if the whole thing lies in transactions, how could have Satoshi mined the genesis block all by himself?

Satoshi mined most of the first blocks himself as nobody was on the network at the beginning, including the genesis block. You don't need others to mine that one.

Satoshi prepared the basics, published a whitepaper and did the initial coding. Soon after that, he realized he couldn't do all of it alone and found help in the community he build.

So yes, you are right, he didn't build bitcoin alone, there were several developers involved, that are still known to date.

I agree with most part of what you wrote. But i think he involved others in the development because he wanted his project to indeed be a
non-centralized one, not that he needed any help during that stage while he was active on it.

[AgentofCoin]

Guys, correct me if I'm wrong but,
Considering the whole concept of how Bitcoins come into existence, Satoshi Nakamoto cannot be just one person, right? It must be a group...
if the whole thing lies in transactions, how could have Satoshi mined the genesis block all by himself?

Satoshi Nakamoto was singular from October 2008 to August 2009.
After that, then came Sirius-M, who worked with Satoshi.
Then in July 2010, Gavin and others began to appear.
Then in February 2011, many people began to appear and expanded the work.
Now today, we have over 340 "contributors".

This is my understanding.

[Patatas]

Could be ,could not be.There aren't any relevant evidences which can prove that.Why can't? Why couldn't he have minded the genesis block alone ? There would obviously a team of developers who'd have tested multiple blocks before declaring the genesis block.By the way : https://blockchain.info/block-index/14849 ,this is the one,mr.satoshi's creation,almost 6 years ago.

[franky1]

Guys, correct me if I'm wrong but,
Considering the whole concept of how Bitcoins come into existence, Satoshi Nakamoto cannot be just one person, right? It must be a group...
if the whole thing lies in transactions, how could have Satoshi mined the genesis block all by himself?

satoshi was not alone..
but satoshi name was used by only one person.

even before 2009 genesis block, satoshi was talking to a few people on the cypherpunks forum. and many people were interested in his experiment in 2008 when he released the whitepaper.

so when it came time to start mining. he did not mine alone for 6-9 months. there were people mining the very first day.

chain analysis showed a second miner mined block 12 (no one knows who) and then someone block 28 and 29, someone at block 64.. then hal finney at block 73-78

[interbtc]

Could be ,could not be.There aren't any relevant evidences which can prove that.Why can't? Why couldn't he have minded the genesis block alone ? There would obviously a team of developers who'd have tested multiple blocks before declaring the genesis block.By the way : https://blockchain.info/block-index/14849 ,this is the one,mr.satoshi's creation,almost 6 years ago.

Each time i look at genesis block address, the amount of transactions from ponzies to it increases, there really should be a stop to this.
Can you explain what you mean by "tested multiple blocks before declaring the genesis block" ? Why would something be wrong with it if the concept is solid ?

[unamis76]

A blockchain can easily be run with just one person, just look at altcoins... From everything we know er're led to believe that Satoshi was only one individual, but we can be wrong.

[Blawpaw]

Guys, correct me if I'm wrong but,
Considering the whole concept of how Bitcoins come into existence, Satoshi Nakamoto cannot be just one person, right? It must be a group...
if the whole thing lies in transactions, how could have Satoshi mined the genesis block all by himself?

satoshi was not alone..
but satoshi name was used by only one person.

even before 2009 genesis block, satoshi was talking to a few people on the cypherpunks forum. and many people were interested in his experiment in 2008 when he released the whitepaper.

so when it came time to start mining. he did not mine alone for 6-9 months. there were people mining the very first day.

chain analysis showed a second miner mined block 12 (no one knows who) and then someone block 28 and 29, someone at block 64.. then hal finney at block 73-78

Yeah! that was the answer I was guessing to be the most obvious.
But I can't stop thinking that even if "he" released the white paper as being just one, there's a chance that "he" could have devised it all with some other members of the cypherpunk community.
I still believe that Satoshi could have been just the adopted  fictional anonymous character that was supposed to turn out the whole thing public.

[Cynocephalus]

Who are those early adopters? Satoshi team?
Are they now rich?

[calkob]

Who are those early adopters? Satoshi team?
Are they now rich?

yes some of them are multi millionaires, althougth i do believe most of the early bitcoins have never moved, so who ever has the privkeys are either not using them for a reason, have lost the keys or are dead......

[lumeire]

A blockchain can easily be run with just one person, just look at altcoins... From everything we know er're led to believe that Satoshi was only one individual, but we can be wrong.

What if Satoshi is a code name for a project of some sort? That would be awesome.

But anyway, I do believe satoshi's least 2-3 persons.

[Cynocephalus]

What if this is just an FBI,CIA project?

[franky1]

satoshi was not alone..
but satoshi name was used by only one person.

even before 2009 genesis block, satoshi was talking to a few people on the cypherpunks forum. and many people were interested in his experiment in 2008 when he released the whitepaper.

so when it came time to start mining. he did not mine alone for 6-9 months. there were people mining the very first day.

chain analysis showed a second miner mined block 12 (no one knows who) and then someone block 28 and 29, someone at block 64.. then hal finney at block 73-78

Yeah! that was the answer I was guessing to be the most obvious.
But I can't stop thinking that even if "he" released the white paper as being just one, there's a chance that "he" could have devised it all with some other members of the cypherpunk community.
I still believe that Satoshi could have been just the adopted  fictional anonymous character that was supposed to turn out the whole thing public.

although satoshi (one person) was speaking to others. it was just that one person that put all the different things like blocks, sha, private keys theory, decentralization all into one elegant masterpiece.. where by separately things like hashing and decentralization was seeds of an idea from others.. but no one else apart from satoshi managed to piece it all together in such a way that it would work..

the others just helped bug fix and test it worked, and then help it grow

[Amph]

i remember he even said that he was not working alone on everything for bitcoin, so i think it's correct to believe that he was a part of the group, but he was the head there, the general idea started from him

but at this point it does not matter much does it?

[robelneo]

Guys, correct me if I'm wrong but,
Considering the whole concept of how Bitcoins come into existence, Satoshi Nakamoto cannot be just one person, right? It must be a group...
if the whole thing lies in transactions, how could have Satoshi mined the genesis block all by himself?

Review his old posts and u may change your opinion. Even if someone did join him later on, in the begining it was his own project, and i believe he
in fact was working most of the legwork on his own. Others just helped.

Genesis block anyone can mine afaik, and all the blocks after, until you distribute client to others you are alone in mining and diff is only affected by you,
you get all the blocks in 10 mins avg. per block, until others join in.

So he is indeed one lucky guy that is why many developer have followed his leads we are now seeing new coins coming up in the hope that they will become the new bitcoin or coins that will be accepted in the future,any individual or group can come out with a new coin because it is open source and available to general public

[DaddyMonsi]

Maybe the Satoshi that we have here is just a mere spokes person of a group who is working on this project since they aim to make this anonymous.

[DimensionZ]

I think Satoshi Nakamoto must be one person. If it was a group it would have been like a closed project with more of a centralized development and most of the coins would have been owned by them.