Satoshi Nakamoto, who denies being the founder of Bitcoin
Satoshi Nakamoto, who denies being the founder of Bitcoin

Satoshi Nakamoto unmasked: Report claims bitcoin inventor is 64-year-old coder living in Los Angeles

Nakamoto is described as an “extremely intelligent, moody and obsessively private” individual who has undertaken classified work for the US government

James Vincent
Thursday 06 March 2014 14:28
Comments

Update: Nakamoto has since denied that he had any involvement with bitcoin, claiming the whole story is a misunderstanding.

Satoshi Nakamoto is the 64-year-old son of Buddhist priest, a Japanese-American with a degree in physics who builds his own model trains. He is also, reportedly, the inventor of Bitcoin, the digital cryptocurrency that might still revolutionise – or topple – the banking system.

The identity of Bitcoin’s creator has been a mystery since a nine-page paper outlining the protocol – signed by one Satoshi Nakamoto – was first circulated online in 2008. The ideas outlined in this concise document have since been expanded on by many others, but the true identity of the original writer has so far remained shrouded in secrecy. Various reports have claimed that Nakamoto is the pseudonym for any number of cryptography experts and perhaps even the front for a group of coders employed by the US National Security Agency.

That makes the latest claim – that Satoshi Nakamoto is in fact an individual named Satoshi Nakamoto – perhaps the most surprising yet.

Leah McGrath Goodman , a journalist, claims to have found Mr Nakamoto by simply searching for people of that name in the US, before finding the Stanford graduate living quietly and inconspicuously in Los Angeles.

Writing for Newsweek, Ms Goodman describes Mr Nakamoto as an “extremely intelligent, moody and obsessively private” individual who trained as a computer engineer and has undertaken classified defence work for the US government.

Ms Goodman got in touch with Mr Nakamoto by feigning an interest in his model trains but when she switched the conversation to cryptocurrency he said: “I am no longer involved in that and I cannot discuss it. It’s been turned over to other people. They are in charge of it now. I no longer have any connection.”

While the investigation doesn’t conclusively prove that Mr Nakamoto (who calls himself “Dorian” in real life) is Bitcoin’s sole or original inventor, it does provide enough correlating evidence to suggest that the cryptocurrency community has finally found its patron saint – an unassuming father of six, who is more interested in talking about trains than financial revolution.

Reaction to the story among Bitcoin experts was mixed, with some suggesting that while Mr Nakamoto might have been involved in the early development of Bitcoin, it is possible that whoever signed the 2008 paper used his name “as a tribute”.

Mr Nakamoto will probably have to provide more details about his involvement with the currency just to return to the quiet life he desires.

Click here to read the full article from Newsweek

Register for free to continue reading

Registration is a free and easy way to support our truly independent journalism

By registering, you will also enjoy limited access to Premium articles, exclusive newsletters, commenting, and virtual events with our leading journalists

Please enter a valid email
Please enter a valid email
Must be at least 6 characters, include an upper and lower case character and a number
Must be at least 6 characters, include an upper and lower case character and a number
Must be at least 6 characters, include an upper and lower case character and a number
Please enter your first name
Special characters aren’t allowed
Please enter a name between 1 and 40 characters
Please enter your last name
Special characters aren’t allowed
Please enter a name between 1 and 40 characters
You must be over 18 years old to register
You must be over 18 years old to register
Opt-out-policy
You can opt-out at any time by signing in to your account to manage your preferences. Each email has a link to unsubscribe.

Already have an account? sign in

By clicking ‘Register’ you confirm that your data has been entered correctly and you have read and agree to our Terms of use, Cookie policy and Privacy notice.

This site is protected by reCAPTCHA and the Google Privacy policy and Terms of service apply.

Join our new commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged in