The mystery creator of the digital currency bitcoin has finally stepped forward.
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Jon Matonis, founding director of the Bitcoin Foundation, gave Wright’s demonstration legitimacy and said that he believes that the Australian cryptography guru is truly the man that created Bitcoin.
Through a coordinated media event, the Australian computer scientist Craig Steven Wright today claimed to be Satoshi Nakamoto, the inventor of Bitcoin.
While Wright has provided cryptographic proof suggesting that he is in fact the man behind Bitcoin, questions remain.
People who use Bitcoins do not have to use traditional banks, credit cards or other financial services when they use the electronic currency.
In a blog post Monday, Wright posted technical details of the process by which he created the currency, including examples of code. “Nakamoto, as most know, is sitting on hundreds of millions of dollars worth of Bitcoin – investors and regulators could view this as a security – and it was in this context that Wright mentioned his “running” Bitcoin to the authorities”.
Knowing who actually founded bitcoin wouldn’t have any immediate effect on the digital currency. Reporters have tried to put together clues that might lead to discovering Bitcoin’s founder. Now reports of several experts say it is a scam and Mr. Wright is not Satoshi Nakamoto. At present, almost 15.5 million bitcoins are in circulation having a value worth of about $449 or £306 each.
The 45-year-old Australian says he is the person who has until now gone by the name of “Satoshi Nakamoto”.
So is Wright actually Nakamoto?
The identity of Bitcoin creator “Satoshi Nakamoto” may have been revealed. “He wasn’t Satoshi Nakamoto before or after Wired and Gizmodo suspected him to be a year ago, and he still isn’t Satoshi Nakamoto after trying to reveal himself to be on his own blog and to The BBC, The Economist, GQ, Jon Matonis and Gavin Andresen”. After his assertion he is Nakamoto, some sceptics demand technical proof.
“I didn’t believe Craig was Satoshi when it was news last December, and I still don’t believe it”, said Mr Underwood. Wright mentioned that he was the main person involved in creation of the bitcoin currency system, but also accepted that other people have helped him.
Do you believe Craig Wright was the founder of Bitcoin?
That paper can’t make its mind up, noting that Nakamoto is supposed to be a private person, something that Wright is not.
“What I’m saying does not prove that he is not Satoshi”, Brito added. “I want to work, I want to keep doing what I want to do”.
There had been proof floating around pointing at Wright as the founder of bitcoins for a while.
“He told the BBC that he doesn’t want money and he doesn’t want fame”, said Cubrilovic, “yet he said this during an elaborate and stage-managed exclusive media event organised by an agency on Wright’s behalf and involving months of negotiation”.
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Those might not be the only reasons.
