The CTO of Ripple Suggests We Know Who Satoshi Nakamoto Is and Why He Left His Fortune Untouched
David Schwartz, the CTO of Ripple continues to believe that Satoshi Nakamoto, the pseudonymous developer of Bitcoin, is more of a group than a person.
The debate began when Mr Huber, a crypto expert with the Twitter handle @Leerzeit, posted that he would never grasp the conviction that Satoshi Nakamoto was dead. He stated that the change was significantly greater if it was a group.
Schwartz chimed in, “A group just chose to disregard a claim for tens of billions of dollars?” Based on the Bitcoin creator’s cryptocurrency wallets, it is assumed that Nakamoto has at least one million Bitcoins. At the current market pricing, it is plausible to deduce that Nakamoto owns around $23 billion in Bitcoin.
Except for the original 10 BTC given to Hal Finney in 2009, not a single Bitcoin has ever been removed from any of its wallets since its inception, presumably by Nakamoto.
Neil Hartner, a senior staff software engineer at Ripple, offered a potential explanation for the unclaimed cash on Twitter: “Perhaps they lost the keys and chose to let the mystery continue rather than admitting that even the brightest people can lose seed words.”
David Schwartz, CTO of Ripple, said, “That makes sense.” He said, “It might have also been a group of individuals, of whom some have perished, leaving the others unable to access the keys.”
John Deaton, the inventor of CryptoLaw, reacted to Schwartz’s remark: “I think Craig “Satoshi” Wright (CSW) was engaged from the start. He was aware that no one would trademark Whitepaper. Hal is dead. Kleiman is dead.”
Satoshi Nakamoto gave Hal Finney, a prominent cryptographer and computer scientist, 10 BTC on January 12, 2009.
The famous cryptographer was the first to download and instal the Bitcoin software and to assign a value to digital money.
Finney was thought to be the founder of Bitcoin, although he has continuously disputed this, according to sources. Finney went away tragically in August of 2014.
Also Read: California DMV Will Digitize Auto Title Management System Using Tezos