It is amazing when you discover that Satoshi Nakamoto is not a real name of a person that belongs to one person. In that case, this has e many people to continue digging with the aim of finding out who is Satoshi Nakamoto. Here we are also asking about who Satoshi Nakamoto is. Now, Satoshi Nakamoto is not a single person’s name but sources have it that it is basically a pseudonym used to refer to a group of people who came up with Bitcoin and everything related to cryptocurrency. In that case, these individuals developed the first ever protocol associated blockchain technology. However, the name Satoshi is just a name but does not reflect on a single individual at all.
Did Satosi Nakamoto make Satoshi Dice and start the Bitcoin Dice revolution?
What did Satoshi Nakamoto do?
Satoshi Nakamoto despite the fact that it is a pseudonym is a name that refers to people who created Bitcoin and also wrote the whole of Bitcoin whitepaper. At some point in time, it was noticed that through the P2P foundation account, Satoshi Nakamoto claimed to be a Japanese native but questions arose when it was discovered that there was a perfect use of English and there was not instance where a hint of translation was noted. The use of perfect English showed that the founders could have been from Britain.
Far from that, the basic thing that we need to know about Satoshi Nakamoto is the fact that they/he as the founder of Bitcoin, bitcoin technology, blockchain and anything else related to it. With that idea in mind, there are a number of Bitcoin legends who have a close name association with the pseudonym. Some of these guys are Nick Szabo, Dorian Nakamoto, Hal Finney and Craig Steven Wright. At some point, these individuals have shown interest in Bitcoin technology and even blockchain handling.
Why is the Identity Hidden?
It is not known why Satoshi Nakamoto identity is still hidden but basically speculations have it that bitcoin has a high profile nature and people who were the founders found it necessary to hide their identities. The second speculation is that the founders or bitcoin technology and the developers of all the protocols associated with hid their identity because they did not want to be held responsible for developing a currency that could be transacted without the help of the banks and other financial institutions. The basic thing to know is that Satoshi Nakamoto are the original creators of blockchain technology which is the basis of bitcoin.