Craig Wright’s persistence to affirm that he is the real Satoshi Nakamoto apparently has no end. Recently, Crypto-twitter in majority went against Wright’s claim, and a #WeAreAllHodlonaut movement began which had Chanpang Zhao, Charlie Lee, Justin Sun, and many other crypto influencers backing the campaign.
However, Wright went on to file a defamation suit against the person with the twitter account @hodlonaut because of his consistent rebuffing of Wright’s claim.
Craig Wright is one of the lead proponents of the Bitcoin Satoshi Vision (BSV) cryptocurrency which was forked from Bitcoin Cash (BCH) in 2018. Hence, it is apparent that Wright’s claim at this point of time in the market is to influence the popularity of Bitcoin (BTC) and Bitcoin Cash (BCH) by claiming Satoshi’s Vision to be his own. Moreover, following Craig Wright’s claim, anyone in the world can claim himself to be Bitcoin, and we’d have to believe it?
However, the secret to Satoshi’s identity also lies the unified ledger that he invented which can be verified easily enough as well.
A Simple Solution to the Identity Verification Issue
Binance CEO, CZ gave a very simple solution to prove the identity of Satoshi Nakamoto,
“The real Satoshi can digitally sign any message to prove it. This is as simple as breathing for him/her. And we have the pub key. Until then, everyone is Satoshi, except Craig Wright!”
Given below the address of genesis block which was first rewarded the Bitcoin from the mining process.
Furthermore, on 12th January 2009, Satoshi Nakamoto also made a transaction where he transferred 10 BTC to a computer programmer, Hal Finney who was the first to download the Bitcoin [BTC] software.
Therefore, the real Satoshi Nakamoto only needs to send a message to any Bitcoin address in the world and his identity can be verified from this address as the private key of the address is unique and secure.
It’s been ten years since the inception of Bitcoin and the identity of the creator is still unknown. Since Bitcoin is a decentralized system of payments and a store of value, the anonymity of its creator often acts as a USP for Bitcoin. Nevertheless, the alias ‘Satoshi Nakamoto’ is ubiquitous in the crypto-sphere. Hence, if Satoshi Nakamoto decides to come forward and reveal his/her identity, it would cry havoc in the world.
Do you think Craig Wright will be able to resurrect this address and prove that he is the real Satoshi Nakamoto?
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Nivesh from Engineering Background is a full-time Crypto Analyst at Coingape. He is an atheist who believes in love and cultural diversity. He believes that Cryptocurrency is a necessity to deter corruption. He holds small amounts of cryptocurrencies. Faith and fear are two sides of the same coin. Follow him on Twitter at @nivishoes or mail him at nivesh(at)coingape.com