Satoshi Nakamoto’s Secret Revealed By Mining Scheme Researcher

Satoshi Nakamoto’s Secret Revealed By Mining Scheme Researcher

Bitcoin – Unmasking Satoshi Nakamoto


Satoshi Nakamoto’s Secret Revealed By Mining Scheme Researcher

  • Satoshi Nakamoto was probably the only person, not a group of people

  • Bitcoin creator owns 1.1 million coins

  • More than 10 crypto enthusiasts claim Nakamoto’s identity

Satoshi Nakamoto's Secret Revealed By Mining Scheme Researcher

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All bitcoins belonging to the founder of the Bitcoin blockchain Satoshi NakamotoIn 2009, someone (one person or group of developers), hiding under the pseudonym Satoshi Nakamoto (Satoshi Nakamoto), revolutionized the digital … More, were mined using one computer. This is the conclusion reached by the researcher of mining schemes Sergio Dermein Lerner.

Nakamoto is a person, not a group of people

In his research, Lerner argues that Satoshi Nakamoto used one computer to mine 1.1 million bitcoins, and not 50 network computers, as Lerner’s opponents claim. All conclusions drawn are based on the study of the Patoshi pattern and the connection between this pattern and Satoshi Nakamoto himself through some well-known public transactions between the early developers of the Bitcoin blockchain and Nakamoto. However, as Lerner himself states, “since the attitude is based on unsigned emails, not math, we can never be sure.”.

So, according to Lerner’s research, Satoshi Nakamoto refrained from mining in the first five minutes of the block. Other researchers have expanded Lerner’s research as well. TechMiX has shown that all blocks mined by Satoshi can be grouped into five bins based on the frequency distribution of Nonce LSB values. 

The nonce increases with each new attempt to solve the puzzle. Obviously, Satoshi’s equipment did not use all the available nonce space, but only focused on a limited range. Lerner’s latest research shows that Satoshi reduced the nonce instead:

“I simulated various standard nonce scanning algorithms and realized that they all cause a certain imbalance in the nonce histograms, but Patoshi’s real nonces do not represent an obvious imbalance. The reason for this discrepancy may be that Patoshi’s mining machine did not dump the nonce between blocks, more evenly distributing solutions across its mining range, but I could not find evidence of this property … This contradicts the theory that Patoshi deployed the first farm for mining of 50 independent computers (or any other highly isolated system), and supports the theory that Patoshi was simply multithreading on a high-performance processor, “Lerner’s article says.

This proves that Satoshi Nakamoto used only one computer to mine bitcoins, and did not build a mining farm of 50 or more computers. It could also indicate that Nakamoto is the only person, and not a group of developers, as previously assumed..

Satoshi Nakamoto's Secret Revealed By Mining Scheme Researcher

Who is Satoshi Nakamoto

But even this study does not answer the main question of the entire crypto community: “Who is Satoshi Nakamoto?” Nakamoto’s personality is credited to many well-known crypto-enthusiasts who were involved in the development of the most popular blockchain in the world. So, the nickname Satoshi Nakamoto was attributed to Nick Sabo, Craig Ryat, Bram Cohen. BeInCrypto compiled its rating of potential candidates.

Earlier, the American sociologist, philosopher and pioneer in the field of information technology Ted Nelson said in an interview that he still knows who may be hiding under the pseudonym Satoshi Nakamoto. For the first time, Nelson voiced his assumption back in 2013, but he still has not changed his mind. Then he said that the creator of Bitcoin is none other than the Japanese mathematician Shinichi Mochizuki.

And the editors of the YouTube channel Barely Sociable released a sensational 40-minute video arguing that the real creator of Bitcoin could be British cryptographer Adam Back..

However, it is still not known for certain who the creator of bitcoins is..


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