spatial-id.com, Jakarta - for years, the creator of Satoshi Nakamoto's bitcoins hid his identity. Now, the New York Times investigation may have solved the mystery. They appointed British computer scientists, Dr. Adam Back, as Nakamoto.
The newcomers and veterans in the crypto industry have been speculating Satoshi Nakamoto's true identity for over a decade. Countless articles, documentary films, and several lawsuits launched for this quest.
Nakamoto holds the status of a myth, as a key figure in the world of digital assets. His invention is driving a $2.4 trillion crypto market. Nakamoto is also known to control 1.1 million bitcoins, about 44% more than the world's largest corporate bitcoin holder, Strategy.
Adam Back, who will be 56 years old in July, gave priceless contributions to the world of crypto. In 1997, Back created the spam filter known as Hashcash. The basic algorithm, known as the proof of work, continues to form the direction of crypto currency research over the next decade. It's become the main foundation that allows bitcoins to operate after years of failure in creating digital currency.
Satoshi was known to email back a few months before releasing a white paper bitcoin to make sure that he quoted Back correctly. Well according to the NY Times, the connection between these cryptographers turned out to be much deeper.
Investigations
The important point of the New York Times investigation is that Satoshi's writing style is very consistent with Back.
The NTY investigative reporter, John Carreyrou, helped expert AI Dylan Freedman, put together all the correspondence of three important Internet mailing lists in decades. They compared that matter to all Satoshi's known writings. Back proved to have the closest resemblance to Satoshi in writing analysis.
The same type of writing has Satoshi and Back used two spaces between sentences, using British English spelling, and also similar use of the link. Carreyrou asked the theory that Back wrote those emails to himself as an alibi.
Back denied the findings of the NYT, both in the article and at X. "I'm not Satoshi, but I've been focusing on the positive implications of cryptography for the society, online privacy, and electronic cash," the citation quoted seconds of Yahoo Finance.
However, the resemblance between Satoshi and Back is very much. As NYT explains, the first thing that triggered Satoshi's investigation was when Carreyrou watched the HBO series trying to unravel Satoshi's mystery. Back way Back behaved during the interview in the documentary tickled Carreyrou's curiosity.
"Because often facing liars and having some sort of expertise in recognizing their movements, back attitudes, restless eyes, awkward laughter, rigid movements of his left hand, felt suspicious to me. When the credits rolled, I replayed the scene several times," the writing.
Recently, Back became the CEO of BSTR, an asset managing firm holding over 30,000 bitcoins preparing to go public. As for the investigation that lasted for a year, it wasn't the first attempt to uncover Nakamoto's identity. Back is considered one of the most reasonable candidates with computer scientists Hal Finney and Nick Szabo.
