The Quest for Satoshi Nakamoto: A Have a look at 7 Suspected Bitcoin Creators

For the past decade, cryptocurrency enthusiasts have debated the true identity of Bitcoin creator Satoshi Nakamoto. To this day, the secret of Satoshi Nakamoto prevails, and over the years there have been a large number of suspects and self-proclaimed crypto-inventors.

Halloween is approaching and twelve years ago, on October 31, 2008, the inventor of Bitcoin published the introductory white paper on cryptocurrency. Satoshi Nakamoto is the name of the pseudonymous person or persons who wrote the white paper and developed the original Bitcoin code base. By developing the first blockchain distributed ledger, Nakamoto essentially solved the infamous computational problem known as the "Byzantine Generals Problem" or "Byzantine Error".

The Quest for Satoshi Nakamoto: A Look at 7 Suspected Bitcoin CreatorsThe search for Bitcoin creator Satoshi Nakamoto has continued for almost twelve years.

Nakamoto left the Bitcoin Project and the public in December 2010, and for the past decade, people have tirelessly searched for the mysterious creator. has written a series of articles about the possibility of certain people who could be Satoshi, in a series called "The Many Facts". The series was one of our most popular chains of Satoshi Nakamoto items. The following post has a list of seven suspects we've covered so far.

The list of suspicious satoshis

Hal Finney

The first article in our series was called "The Many Facts That Suggest Hal Finney Satoshi Nakamoto" and describes the possibility that Finney is the creator of Bitcoin. Finney is probably one of the most popular Satoshi candidates, and the editorial gives a full overview of why.

The Quest for Satoshi Nakamoto: A Look at 7 Suspected Bitcoin Creators

For example, Finney was a skilled developer and one of the first people to run the Bitcoin codebase. Harold Thomas Finney II definitely had the know-how to invent Bitcoin as he was a well known developer for PGP Corporation.

Editorial facts pointing to this possibility include his libertarian leanings, his California location, and simultaneous retirement from PGP Corporation. Finney was also the network's first transaction recipient. Despite the many clues, Finney passed away in August 2014 and to date no one can really confirm whether the California-based cypherpunk was Satoshi.

Nick Szabo

The second part of the series "The Many Facts" concerns the computer scientist Nick Szabo. On November 27, 2019, contributor Graham Smith discussed how Szabo could be the creator of Bitcoin. Smith describes how Szabo created a project called Bit Gold, which was released before Bitcoin.

The Quest for Satoshi Nakamoto: A Look at 7 Suspected Bitcoin Creators

Szabo also coined the term and concept "Smarts Contracts" and has written extensively on cryptography and contract law. Some interesting facts include how the Bit Gold blog post's publication date was changed and how Wei Dai Satoshi reportedly told about the creation of Bit Gold in an email conversation.

In addition to the second part of the series, published an opinion editorial entitled "Why Nick Szabo Probably Isn't Satoshi". In the article, author Deryk Makgill explains why he believes Szabo isn't really a Cypherpunk, he doesn't share the same vision for Bitcoin, and Szabo's modified date for blog posts is sketchy.

"If Nick Szabo is Satoshi, he has done a remarkable job of leaving breadcrumbs pointing in the opposite direction," concludes Makgill.

Shinichi Mochizuki

In December 2019, published the third issue entitled "The Many Facts That Suggest Shinichi Mochizuki is Satoshi". Shinichi Mochizuki is an obscure character and not widely known, but his long history of mathematical innovation makes him a Satoshi suspect.

The Quest for Satoshi Nakamoto: A Look at 7 Suspected Bitcoin Creators

In addition to being a math prodigy, Mochizuki has an American background and British English writing style, just like Bitcoin & # 39; s creators. Computer scientist and inventor of hypertext, Ted Nelson, believes in a video that Mochizuki is Satoshi. Although Mochizuki is able to create the blockchain codebase, he has fallen off the map when it comes to Satoshi suspects.

Ian Grigg

The fourth part of the Satoshi Nakamoto series concerns the financial cryptographer and inventor of the Ricardian treaties Ian Grigg. This article has discussed the many facts that show that Grigg could possibly be Satoshi and how he has the technical expertise. For example, the article mentions how Grigg wrote his 2005 paper entitled "Triple-Entry Accounting".

The Quest for Satoshi Nakamoto: A Look at 7 Suspected Bitcoin Creators

The paper discussed the concept of blockchain technology and solving the problem of the "Byzantine generals" three years before the introduction of Bitcoin. Grigg is also linked to the self-proclaimed Bitcoin inventor Craig Wright. His ties to Wright have led people to believe that Grigg was part of a team called "Satoshi Nakamoto". Additionally, data scientist Michael Chon said Satoshi's emails matched Grigg's writing style on a stylometry test.

Dorian Nakamoto

The Japanese-American engineer Dorian Nakamoto, who was born in California, was accused of being Satoshi back in March 2014. At that point, Newsweek columnist Leah McGrath Goodman published a story called "The Face Behind Bitcoin". Again, McGrath-Goodman's editorial was based on speculation that Dorian would at least be able to produce the blockchain code base.

She quoted him as saying "I am no longer involved and cannot argue about it" and she also noted that Dorian's maiden name is actually Satoshi Nakamoto. Dorian's story was covered in the fifth episode of the popular series.

The Quest for Satoshi Nakamoto: A Look at 7 Suspected Bitcoin Creators

However, when Dorian said he was "no longer involved," he was not referring to Bitcoin, and he was actually talking about classified engineering projects he was working on for the government. McGrath-Goodman's questions were taken out of context and she wrote a terrifying hit about the California resident. Dorian had immediately denied being Satoshi when he spoke to an Associated Press (AP) reporter about the incident with the Newsweek journalist who doxxed him.

Wei Dai

In the sixth episode of "The Many Facts," Satoshi articles discussed B-money creator Wei Dai. All the evidence to suggest that Dai is Satoshi is purely cumbersome and, in turn, is based on the fact that he is capable of creation.

The Quest for Satoshi Nakamoto: A Look at 7 Suspected Bitcoin Creators

In addition, Dai is referred to in the Bitcoin whitepaper, as the developer of the technology cited the B-Money whitepaper. In addition, there are entropy similarities between Wei Dai and Satoshi Nakamoto's written text. However, it appears that Dai and Nakamoto wrote each other via email correspondence and Dai must have played the role of a double agent.

Adam back

Blockstream CEO Adam Back is featured in the seventh episode of series "The Many Facts". The reason why Back came on the list is a video that was released on May 11, 2020 by the YouTube channel "Barely Social". The video, titled "Unmasking Satoshi Nakamoto," claims that Back could possibly be the creator of Bitcoin.

The Quest for Satoshi Nakamoto: A Look at 7 Suspected Bitcoin Creators

Barely Social names a few reasons, including the Blockstream CEO who described the technology back in 1998. Back also emerged from the public while Satoshi Nakamoto was in the community and almost returned as soon as Satoshi left in 2010, Satoshi's style of writing with Back's spelling as both double the space and spell their words the British way.

Hardly Social emphasized during the video that Adam Back can always use plausible denial for this allegation. Back denied the allegation and also discussed the topic on social media with the official Barely Social Twitter account. As of mid-May 2020, Barely Social's video has received 478,928 views so far.

Many more self-proclaimed Bitcoin inventors and alleged satoshi

Of course, the list in The Many Facts is still incomplete as there are many other suspects who have not yet appeared in's sequence of Satoshi articles.

There are many more self-proclaimed Nakamotos and suspects, and one could write a book about the multitude of unique individuals. For example, there's Craig Wright, a friend of the Escobar family, criminal mastermind Paul Le Roux, Duality, former Bitcoin lead supervisor Gavin Andresen, Bittorrent inventor Bram Cohen, Craig Wright's former business partner Dave Kleiman, Hawaiian patent holder Ronald Keala Kua Maria, Fabio impersonator Jörg Molt, the Pakastani press candidate Bilal Khalid and the Belgian Debo Jürgen Etienne Guido.

What do you think of's "The Many Facts" series about the mysterious Satoshi Nakamoto? Let us know what you think on this matter in the comments section below.

Tags in this story

Adam Back, Bilal Khalid, Craig Wright, Dave Kleiman, Debo, Dorian Nakamoto, duality, Escobar family, Hal Finney, Ian Grigg, Jörg Molt, series with many facts, Nakamoto mystery, Nick Szabo, Paul Le Flour, Ronald Keala Kua Maria, Satoshi, Satoshi Nakamoto, Satoshi Team, Shinichi Mochizuki, Theories, Wei Dai

Photo credit: Shutterstock, Pixabay, Wiki Commons

Disclaimer of liability: This article is for informational purposes only. It is not a direct offer or an invitation to make an offer to buy or sell, or a recommendation or approval of products, services or companies. does not provide investment, tax, legal, or accounting advice. Neither the company nor the author are directly or indirectly responsible for any damage or loss caused or allegedly caused by or in connection with the use or reliance on any content, goods or services mentioned in this article.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *