Connect with us

Hi, what are you looking for?


Possible Creators of Bitcoin

Image Source: Mc_Cloud / Shutterstock

Satoshi Nakamoto is the pseudonymous individual or group behind Bitcoin, whose real identity remains a mystery. The name was used to write the original Bitcoin white paper in 2008 and launch the first Bitcoin software in 2009. Nakamoto’s identity has never been disclosed, making them a mysterious figure in the cryptocurrency world. It is estimated that Nakamoto mined around 1 million BTC in the early stages, potentially making them one of the richest individuals globally.

While some believe Nakamoto is an individual, others speculate it could be a group. Here are some potential candidates believed to be associated with the creation of Bitcoin, some of whom have rejected or embraced the idea.

1. Nick Szabo

Nick Szabo is recognized for his work in digital contracts and currency. He coined the concept of smart contracts in 1994, which are self-executing contracts written into the code. Szabo also conceptualized “Bit Gold,” a precursor to Bitcoin. Despite being a likely contender for Nakamoto, he has denied any involvement.

2. Hal Finney

Hal Finney was an early Bitcoin contributor, known for running the Bitcoin software and his contributions to Pretty Good Privacy encryption software. Although denying creating Bitcoin, he received the first BTC transaction from Nakamoto and was highly respected in the Bitcoin community until his passing in 2014.

3. Dorian Nakamoto

Dorian Nakamoto, suggested as Nakamoto in a 2014 article, denied any affiliation with Bitcoin after being hounded by media. He categorically stated his lack of involvement in Bitcoin creation and preferred to maintain his privacy following the incident.

4. Craig Wright

Australian computer scientist Craig Wright publicized himself as Nakamoto, a claim met with skepticism and allegations of fraud within the cryptocurrency community. His assertions lack substantial evidence and have been widely contested.

5. Adam Back

Adam Back, the creator of Hashcash, has contributed significantly to blockchain and digital currency projects. He denies being Nakamoto but actively advocates for privacy and digital rights, aligning with the core principles of cryptocurrency.

6. Wei Dai

Wei Dai, known for his work on digital currency, proposed the B-money system, influencing Bitcoin’s development. He denies being Nakamoto but continues to be an influential figure in the cypherpunk community.

7. Vili Lehdonvirta

Vili Lehdonvirta, a Finnish economist, and digital culture researcher has been linked to Bitcoin’s creation due to his work on digital currencies. However, he has refuted claims of being Nakamoto and remains focused on digital economy research and policy-making.

Image Source: Mc_Cloud / Shutterstock

You May Also Like


Peloton, known for their stationary exercise bikes and treadmills, has faced significant financial challenges over the past year. The company experienced a surge in...


Amid the ongoing global supply chain challenges, many retailers in the United States are grappling with surplus seasonal stock, leading to increased storage costs...


With the continuous increase in gas prices, a decrease in consumer confidence, and the ongoing conflict in Ukraine, the European economy faces significant challenges....


As the demand for electric vehicles grows and the push for environmental sustainability increases, automakers are gearing up to focus more on the development...


Today, Brian Armstrong, the CEO of Coinbase, conveyed to his team through a company-wide email that due to declining stock and crypto values and...


Recently, Peiter “Mudge” Zatko, a former cybersecurity specialist at Twitter, published a whistleblowing document on the platform. Zatko highlighted several security issues with Twitter,...


Zelle is a popular peer-to-peer payment service that allows individuals to send and receive money, similar to apps like Venmo. It is widely used,...


Recently, after Chinese President Xi Jinping secured a third term, there was a sharp decline in the stock market in Hong Kong. Investors became...