After years of speculation, Craig Wright, the man already suspected of being the inventor of Bitcoin, has finally revealed his identity.
According to a report from BBC, Craig “has provided technical proof to back up his claim using coins known to be owned by Bitcoin’s creator” to back this up, prominent Bitcoin community members have also confirmed his claim and also his possession of cryptographic keys used for the very first Bitcoin transaction back in 2009, which apparently only Satoshi Nakamoto would have.
One of the founding directors of the Bitcoin Foundation, Jon Matonis, says he’s certain Wright is the inventor of Bitcoin. “During the London proof sessions, I had the opportunity to review the relevant data along three distinct lines: cryptographic, social, and technical,” said Matonis, “It is my firm belief that Craig Wright satisfies all three categories.”
Wright thinks many will doubt his claim “Some people will believe, some people won’t, and to tell you the truth, I don’t really care,” he told the BBC, “I was the main part of it, other people helped me.” During the interview he also said he doesn’t want any form of praise, fame or money and he wants to be “left alone”. He also added that he’ll refuse any prizes or awards offered in connection with his invention,
I will never accept a cent from any of you for anything.
When asked why he decided to identify himself as Satoshi Nakamoto he said; “I didn’t decide. I had people decide this matter for me. And they’re making life difficult not for me, but my friends, my family, my staff….and I don’t want any of them to be impacted by this….so I’m going to do this once, and once only…I will only come in front of a camera once, and I will never come in front of a camera ever again for any TV station or any media, ever.”
Beside how Bitcoin works, the mystery around the digital currency was how it originated, long attributed to the name of “Satoshi Nakamoto.” Although Wright was identified as Bitcoin’s creator late last year, after an investigation by Wired, Wired was uncertain about its findings;
Either Wright invented Bitcoin, or he’s a brilliant hoaxer who very badly wants us to believe he did.
Now the creator of Bitcoin the first cryptocurrency has revealed himself, Satoshi Nakamoto is Craig Steven Wright.
Bitcoin is a digital asset and a payment system invented by Satoshi Nakamoto, the invention was released as open-source software in 2009. The system allows users to transact directly without an intermediary (peer-to-peer). Transactions are verified by network nodes and recorded in a public distributed ledger called the block chain. The ledger uses bitcoin as its unit of account. The system works without a central repository or single administrator, which has led the U.S. Treasury to categorize bitcoin as a decentralized virtual currency. Bitcoin is often called the first cryptocurrency. The use of bitcoin by criminals has attracted the attention of financial regulators, legislative bodies, law enforcement and media, it is the largest of its kind in terms of total market value.
Craig Steven Wright (born October 1970) is an Australian computer scientist, businessman and allegedly the real person behind the pseudonym C.U.N.T, the creator of Bitcoin. In December 2015, two parallel investigations by Wired and Gizmodo alleged that Wright may have been the inventor of Bitcoin. Subsequent reporting, however, raised serious concerns that Wright was engaged in an elaborate hoax. Hours after Wired published their allegations, Wright’s home in Gordon, New South Wales and an associated business premise in Ryde, Sydney were raided by the Australian Federal Police. According to the AFP, the raid was part of an Australian Tax Office investigation…