Tag Archives: Satoshi Nakamoto

The Hungarian capital will immortalize the anonymous creator of Bitcoin by building a bronze statue of him. The designers of the project plan to put a hoodie on his head to represent his anonymity. A Statue of His Honor The secret identity of Bitcoin’s creator – with the pseudonym Satoshi Nakamoto – remains one of the biggest mysteries in the crypto community. Even though no one knows his (or her) real name, sculptors from the Hungarian capital Budapest decided to erect a...

The Louisiana House of Representatives has passed a resolution this week commending Bitcoin for becoming “the first decentralized trillion-dollar asset,” encouraging the state and the local government to consider crypto assets and blockchain technology. The House Resolution No. 33, signed by representative Mark Wright, praises BTC’s success through the years and its pseudonymous creator, Satoshi Nakamoto, for his “contribution to economic security.” “BE IT FURTHER RESOLVED...

Paying homage to Satoshi Nakamoto and his message embedded in the Bitcoin Genesis Block in 2009, Coinbase has done the same today. On the day they’re set to become a publicly traded company, the exchange asked a large Bitcoin mining pool to embed a note in the Bitcoin blockchain in regards to the latest stimulus bill.  When launching the Genesis Block of the first-ever cryptocurrency in January 2009, the anonymous creator(s) embedded the following message referring to the...

Brian Armstrong – the CEO of Coinbase – is saying that if Satoshi Nakamoto were to ever reveal his full identity, there would be serious repercussions for both bitcoin and its many investors. Satoshi Nakamoto Should Always Stay Hidden Not long ago, the company had decided that it was going to go public through a direct filing. In documents related to the filing, the digital exchange claims that Satoshi Nakamoto is a “risk factor,” and that the real identification of the...

The year is 2020, and the world’s leading cryptocurrency, Bitcoin, is trading at above $19,000 – an unimaginable increase in its dollar-value since its inception.BTC has been deemed the best performing asset of the decade, and it shows no signs of slowing down, especially in the current environment of a global pandemic and the potential of a serious financial crisis.Interestingly enough, exactly 10 years ago on this day, Satoshi Nakamoto, the person (or group of people) who started it all,...

The anonymous identity of the creator of Bitcoin remains the most notable mystery within the cryptocurrency field, with numerous speculations on who (or how many) is Satoshi Nakamoto. The latest research on the matter asserted that Nakamoto lived and worked on BTC from London.The Researchers’ MethodologyAlthough the cryptocurrency community has seen a few claims (read mostly Craig Wright) insisting that they are Satoshi Nakamoto, the true identity of this mystery man (or men) is still a...

Bitcoins worth more than $11 million was moved in a single transaction yesterday, October 11th. Data from on-chain analytics providers reveals that the huge amount has been sitting idle for the past 10 years as this was the first time it was moved.Another Stack of Satoshi-era BTC Transferred YesterdayIt appears that the transactions of bitcoins mined during the days when Satoshi Nakamoto, the network’s pseudonymous creator, was active, are increasing.Yesterday, October 11th, there was a...

Bitcoin worth roughly $500,000 was moved to one of Bitfinex’s hot wallets a couple of days back.This might seem like nothing but an ordinary transaction if it wasn’t for the fact that the BTC in question was mined back in May 2010, and it hasn’t been touched since. At the time, Satoshi Nakamoto, Bitcoin’s pseudonymous creator, was still active.50 BTC From Satoshi’s Time on the MoveAn exciting transaction took place a couple of days ago. On October 1st, 2020, someone sent 50 BTC, currently...

When it comes to the question of mainstream or enterprise adoption of blockchain technology and Bitcoin, much of the discussion tends to focus on barriers such as scalability. However, a valid concern for any organization considering the use of blockchain in transaction processing is that of finality.You could think of a Bitcoin transaction like the process of a fly becoming trapped in resin. When the transaction is processed, the fly is embedded in the resin. However, the overall process is...

One of the most popular supporters of Craig Wright has started filming a documentary aiming to prove that Wright is indeed the creator of Bitcoin.At the same time, Wright said in a recent interview that BTC HODLers are not using the asset properly as he envisioned, and he has returned to “make things right.”An Upcoming Movie Regarding Bitcoin’s “Creator”Calvin Ayre, the founder of Ayre Group, has been a long-time supporter of Craig Wright and Bitcoin Satoshi Vision (BitcoinSV). Despite...