Satoshi

Blockchain enables us to use Bitcoin in transferring value in a secure, immutable and transparent way. It is now around ten years since when Bitcoin was created by Nakamoto Satoshi, but in this short period, various authorities have managed to come up with ways in which blockchain can be utilized to the fullest. Now, Siemens AG, a German global conglomerate firm and the biggest industrial manufacturing firm in the continent of Europe, has started its journey of evaluating blockchain for different business use cases, such as modernizing the carsharing market.

A report by GoDaddy shows that an unidentified individual purchased Loser.com, a domain worth more than $21,000, and he/she has used this particular platform to violently mock Craig Steven Wright, a 49-year old businessman from Australia claiming to be Nakamoto Satoshi, the original Bitcoin inventor.

Almost every month or every year, a new theory about the real creator of Bitcoin appears. If we are to mention the names of people and companies that are on the list of those claiming to be Satoshi Nakamoto, we would write until the cows come home. As we speak now, another theory has also emerged, but this time it appears to be somehow convincing in the ears of the cryptocurrency participants, as well as making waves in the digital currency world. The theory is about the fiction author Neal Stephenson, signifying that he is actually the true Bitcoin creator.

It’s now a decade since the first cryptocurrency was created, but up to this second, the real creator of Bitcoin popularly known as Satoshi Nakamoto, has never been identified or come out to evidently identify himself, and this has turned out to be one of the largest mysteries in the blockchain industry.

Pascal Boyart, a French artist who has become popular from the cryptocurrency-related art pieces he normally paints, has now created another interesting but contentious portrait of Craig Steven Wright, an Australian man aged 48 who claims to be the Bitcoin inventor - Satoshi Nakamoto. The portrait is actually entirely made of pink and white toilet papers. Pascal has elevated Bitcoin, digital currency, blockchain and commercial industry to higher heights.

Craig Wright is again in the spotlight of all fintech news agencies. Bitcoin’s creator, as he calls himself, has already threatened three people with lawsuits for defamation and libel. Meanwhile, McAfee promises to reveal the real identity of Bitcoin’s founder Satoshi Nakamoto.  

Because of the abundance of self-proclaiming Satoshi Nakamotos surfacing lately, the market saw an App enabling anyone to become the bitcoin inventor.

One decade down the road, Bitcoin, the flagship cryptocurrency, has managed to jump to fame and adoption beyond borders, surpassed the expectation of any cryptocurrency maniac or even its real inventor Satoshi Nakamoto. Coin Dance, a crypto pioneer, recently carried out a survey and found out that BTC is currently entirely legal in more than 111 great countries globally.

Blockchain technology is the phenomenon behind the most popular cryptocurrencies such as Bitcoin, Ethereum and Ripple, as it was apprehended by Satoshi Nakamoto in 2008. Distributed ledger technology (DLT) is an effective communication and data exchange protocol designed in a series and chains of blocks. Italy is the fourth country in the world as far as the use of Bitcoin is concerned.