One of the greatest secrets in the cryptocurrency world is the true identity of Bitcoin creator “Satoshi Nakamoto.” Interested parties the world over have sought to discover the mysterious programmer’s real name since 2009, but to no avail.
In the last decade, everyone from Elon Musk to the creator of Silk Road has been rumored to be Nakamoto. But thus far, the coder’s name, age, and national origin have remained oblique. However, a Twitter user claiming to be the real Nakamoto has promised to unmask themselves on May 14.
The Nakamoto Mystery
In 2008, an individual or group claiming to be Satoshi Nakamoto published a white paper outlining a concept for a viable decentralized digital form of currency. Three months later, Nakamoto launched the Bitcoin network and mined its first block. Though their work inspired the development of a new sector in global finance, their identity stayed a closely guarded secret.
The user behind the Nakamoto pseudonym claimed to be a middle-aged Japanese man, but that claim has been widely disputed. The cryptocurrency creator never posted about their work during the daytime in Japan and commonly used British slang. As Bitcoin rose in popularity, journalists across the world launched a manhunt to find the real Satoshi.
However, writers have struggled to find tangible leads on the elusive programmer. Various publications have claimed a host of people are Satoshi without real verification. People claiming to be Satoshi have walked back their declarations, died, or failed to provide proof backing up their assertions.
In April, renegade antivirus designer John McAfee claimed he discovered Nakamoto’s real identity. He also claimed the Bitcoin creator was living in the United States and that he would out the legendary programmer. McAfee later reneged on solving the Nakamoto mystery, claiming doing so would hurt his ongoing negotiations with the U.S. government.
Real Deal or Real Hoax?
Just as McAfee’s walk back dashed hopes of uncovering Nakamoto’s identity, a website and a Twitter account called GotSatoshi appeared out of nowhere. The mysterious user tweeted a series of memes related to the Nakamoto mystery while the website featured a countdown clock. The site promises a live unveiling of Satoshi’s identity on May 14 but offers no other details.
— gotsatoshi (@gotsatoshi) April 25, 2019
As the site features no proof linking it to the real Nakamoto, some speculate the account is a hoax. Invest in Blockchain noted the grand unveiling coincides with the second day of Consensus 2019, a major cryptocurrency conference. As such, parties unknown might’ve created GotSatoshi to hype up their new exchange or cryptocurrency.
Bitcoin Exchange Guide theorized the new brand might be McAfee’s doing and that his lawyer story was a smokescreen. McAfee has recently been in an online feud with Craig Wright, an Australian who claims he’s the real Nakamoto. The site argues the GotSatoshi brand might be McAfee’s doing as the account claims that Wright is not Satoshi.
The Possible Bitcoin Cash Attack
It’s also worth noting there is another happening in the cryptocurrency space that has a connection to Nakamoto. In late April, CryptoSlate reported 26 percent of mined Bitcoin Cash features a tag reading “Satoshi Nakamoto.”
The site explains the Satoshi blocks might be used in a 51 percent attack on May 15. Bitcoin Cash will experience a hard fork on that date. If the Nakamoto-tagging hackers launch such an assault, they could potentially steal hundreds of thousands of dollars or undermine the stability of the coin itself.
Admittedly, there is no link between GotSatoshi and the Nakamoto blocks. But the Bitcoin creator’s name suddenly emerging in different parts of the crypto space after years of silence doesn’t seem coincidental.
Whatever happens, the cryptocurrency market should definitely be closely watched in the next few days.