New Evidence Points to Bitcoin Inventor: The Theories Over the Years

A statue of Satoshi Nakamoto, the supposed pseudonym used by the inventor of Bitcoin, is on display at Graphisoft Park in Budapest, Hungary in 2021. Janos Kummer/Getty Images

New evidence presented by New York Times reporter John Carreiro that British cryptographer Adam Back is the man behind the pseudonym of Bitcoin’s creator, Satoshi Nakamoto, is attracting global attention. This renewed scrutiny comes amid increasing volatility in the price of Bitcoin, which has fallen from an all-time high of more than $125,000 last October to… Less than half that By February.

The mystery surrounding Satoshi’s identity has fascinated people inside and outside the cryptocurrency space since 2008, when he began publishing white papers and early developer documentation, two years before Bitcoin’s official launch. Satoshi He disappeared from public view in 2011He wrote to his assistant Mike Hearn that he had “moved on to other things”.

Although 15 years have passed since Satoshi’s disappearance, interest in the legends has not waned. Dozens of names have emerged, some claiming to be Satoshi, others vehemently denying it. Now, the trail is hot again, suggesting someone at the center of Bitcoin’s early crypto roots.

The Carreiro case linking Return to Satoshi Nakamoto is still ongoing Several key points. First, Buck was deeply involved in the Cypherpunks, a group of cryptocurrency activists with an anarcho-capitalist bent. He holds a PhD in distributed computer systems (the infrastructure behind Bitcoin) and is an expert in public key cryptography and the programming language used by Bitcoin. Linguistic analyzes of his published works also reveal striking similarities to Satoshi’s work, such as unusual hyphenations, inconsistent shifts between British and American spelling, and shared stylistic quirks.

Ode has categorically denied being Satoshi. This position was supported in today’s edition of Dailya New York Times podcast hosted by Natalie Kitroev. “I think it’s a coincidence,” Buck said of Carrero’s findings. “I can only tell you it’s not me.”

In a 2024 post on X, Buck wrote: “No one knows who Satoshi is. This is a good thing.When asked about this statement on the podcast, he explained that systems with outright founders are “seen as a product or project of the company” rather than evolving organically.

Currently, Buck is taking his company, Bitcoin Standard Treasury (BSTR), public in the US. He did not disclose any assets that would link him to Satoshi, such as the roughly 1.1 million bitcoins, now worth more than $79 billion, which analysts estimate Satoshi controls.

Other names were previously suspected to be Satoshi Nakamoto

Lynn Sassaman

Len Sassaman, the crypto expert and Cypherpunk member who died by suicide in 2011, has long been rumored to be Satoshi. The theory gained momentum when venture capitalist Evan Hatch published an article Medium article Sussman’s suggestion as a possible identity. He also appeared as an image in the 2024 HBO documentary Electric Money: The Bitcoin Mystery. Sussman’s widow, Meredith Patterson, has repeatedly said she does not believe he is Satoshi, and the claims have since lost steam.

Peter Todd

Peter Todd, one of the early blockchain developers who collaborated with Buck, was another subject of speculation. Although it appears in Money electricityTodd, only 23 at the time Version of the original white paper, He vehemently rejected the idea, and most believe he lacks the experience needed to build the entire Bitcoin system.

Hal Vinny

Renowned crypto expert Hal Finney was the first person to receive a Bitcoin transaction directly from Satoshi, sparking theories that he may have been its creator. Coincidentally, Vinnie lived near a man named Dorian Nakamoto, sparking speculation that he borrowed the nickname for his alias. However, before his death from amyotrophic lateral sclerosis in 2014, Vinny Produced evidence– including email records and wallet data – indicating that he was merely a collaborator.

Dorian Nakamoto

Dorian Nakamoto lives just blocks away from Vinny in Temple City, California, and was born Satoshi Nakamoto. Newsweek correspondent Leah McGrath Goodman He claimed in 2014 that he was the elusive creatorHe replied, “The first time I heard the term “Bitcoin” was from my son in mid-February 2014… My prospects for obtaining gainful employment [have] Damaged by Newsweek article.

Nick Szabo

Nick Szabo designed BitGold in 1998, a digital currency concept that paved the way for Bitcoin. As in the Return Debate, linguistic researchers have compared Szabo’s writings to those of Satoshi. According to Cairo, Szabo recently joined debate On X about updating Bitcoin, where “He revealed his ignorance of the basic technical aspects of Bitcoin.

Paul Le Roux

Paul Le Roux, creator of the E4M encoder, was another candidate, mainly due to his technical expertise. However, his criminal record, including convictions for drug trafficking and murder, contradicts Satoshi’s image as a moral innovator and idealist, making this theory less plausible.

Gavin Andersen

Satoshi personally selected software developer Gavin Andersen to succeed him and oversee Bitcoin updates, sparking speculation that Andersen might be Satoshi himself. He denied this and later supported computer scientist Craig Wright’s claim – a loyalty that damaged his reputation after Wright’s evidence was discovered to be falsified.

Wei dai

Computer scientist Wei Dai, whose “b-money” proposal influenced Bitcoin’s design and was cited in Satoshi’s whitepaper, has also been named as a possible candidate. He has repeatedly denied these allegations, and there is no credible evidence linking him to the creation of Bitcoin.

Craig Wright

Australian computer scientist Craig Wright remains the only person to publicly claim this He is Satoshi. In 2024, he lost a case at the High Court of England and Wales v Cryptocurrency Open Patent Alliance. The court found his evidence At best it is questionable or of very questionable importance Or entirely circumstantial and, at worst, fabricated and/or based on documents that I am convinced are widely forged.

New evidence points to Adam's return as the inventor of Bitcoin, as well as other theories over the years


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