Satoshi Nakamoto created Bitcoin in 2009. The name "Satoshi Nakamoto" is the pseudonym for the person or people who introduced the concept of Bitcoin in a 2008 paper.1 Nakamoto remained active in the creation of Bitcoin and the blockchain until about 2010 but has not been heard from since.

• Satoshi Nakamoto is the pseudonym for whoever penned the original Bitcoin whitepaper and is the identity credited with inventing Bitcoin itself.

• Several people have claimed or were thought to be Satoshi, but their true identity has never been verified or revealed.

• Given the price of BTC today, Satoshi would be a billionaire because it is rumored (but not proven) that they hold more than one million BTC.

The Satoshi Nakamoto persona appeared to be involved in the early days of Bitcoin, working on the first version of the software in 2007.2 Communication to and from Nakamoto was conducted via email. The lack of personal and background details meant it was, and is, impossible to find out the actual identity behind the name.

Nakamoto was not the first to hit on the concept of cryptocurrency but was the one to solve a fundamental problem that prevented its adoption: Unlike paper currency, cryptocurrency could be spent more than once. This was known as "double-spending," and Nakamoto solved it by proposing a peer-to-peer distributed timestamp server. This distributed server would "...generate computational proof of the chronological order of the transactions" using something similar to the proof-of-work system designed by Adam Back.3

Nakamoto’s involvement with Bitcoin, however, ended in 2010. The last correspondence anyone had with Nakamoto was in an email to another crypto developer saying that "they had moved on to other things." The inability to put a face to the name has led to significant speculation about Nakamoto’s identity, especially since cryptocurrencies have increased in number, popularity, notoriety, and value.

Analysis of Bitcoin's blockchain has helped deduce which addresses are likely Satoshi Nakamoto's to a relatively high degree of certainty. According to some researchers, Satoshi has about 1 million BTC in thousands of wallets. Others point to addresses with anywhere between 750 bitcoin and 1.1 million bitcoin. However, the only address known to be Satoshi's is the Genesis address, the first blockchain address with the unspendable 50 bitcoins in it. On March 22, 2024, it had about 100 bitin it, but it contiaccumulatingulate them because the community religiously sends them to the address, possibly as tokens of appreciation.

Satoshi Nakamoto created Bitcoin in 2009. The name "Satoshi Nakamoto" is the pseudonym for the person or people who introduced the concept of Bitcoin in a 2008 paper.1 Nakamoto remained active in the creation of Bitcoin and the blockchain until about 2010 but has not been heard from since.

• Satoshi Nakamoto is the pseudonym for whoever penned the original Bitcoin whitepaper and is the identity credited with inventing Bitcoin itself.

• Several people have claimed or were thought to be Satoshi, but their true identity has never been verified or revealed.

• Given the price of BTC today, Satoshi would be a billionaire because it is rumored (but not proven) that they hold more than one million BTC.

The Satoshi Nakamoto persona appeared to be involved in the early days of Bitcoin, working on the first version of the software in 2007.2 Communication to and from Nakamoto was conducted via email. The lack of personal and background details meant it was, and is, impossible to find out the actual identity behind the name.

Nakamoto was not the first to hit on the concept of cryptocurrency but was the one to solve a fundamental problem that prevented its adoption: Unlike paper currency, cryptocurrency could be spent more than once. This was known as "double-spending," and Nakamoto solved it by proposing a peer-to-peer distributed timestamp server. This distributed server would "...generate computational proof of the chronological order of the transactions" using something similar to the proof-of-work system designed by Adam Back.3

Nakamoto’s involvement with Bitcoin, however, ended in 2010. The last correspondence anyone had with Nakamoto was in an email to another crypto developer saying that "they had moved on to other things." The inability to put a face to the name has led to significant speculation about Nakamoto’s identity, especially since cryptocurrencies have increased in number, popularity, notoriety, and value.

Analysis of Bitcoin's blockchain has helped deduce which addresses are likely Satoshi Nakamoto's to a relatively high degree of certainty. According to some researchers, Satoshi has about 1 million BTC in thousands of wallets. Others point to addresses with anywhere between 750 bitcoin and 1.1 million bitcoin. However, the only address known to be Satoshi's is the Genesis address, the first blockchain address with the unspendable 50 bitcoins in it. On March 22, 2024, it had about 100 bitin it, but it contiaccumulatingulate them because the community religiously sends them to the address, possibly as tokens of appreciation.