Craig Wright Admits to Being Bitcoin Creator Satoshi Nakamoto After All

Chief scientist at the Bitcoin Foundation: "I am convinced beyond a reasonable doubt: Craig Wright is Satoshi."

It seems that the elusive Bitcoin creator Satoshi Nakamoto has finally been found. The Australian businessman that was outed last year but denied it, Craig Steven Wright, has now admitted his role in the design of the world’s first cryptocurrency and provided proof for his claim.

The new world of online trading, fintech and marketing – register now for the Finance Magnates Tel Aviv Conference, June 29th 2016.

Speaking with the BBC, Craig Wright signed messages using the cryptographic keys linked to Satoshi and explained: “These are the blocks used to send 10 bitcoins to Hal Finney in January 2009 as the first bitcoin transaction.” This seems to confirm without a doubt that he is indeed the founder of Bitcoin.

Join the iFX EXPO Asia and discover your gateway to the Asian Markets

Following the airing of the BBC confession, a number of high ranking developers and people that were in communication with Satoshi when he was still active in the development of Bitcoin came forward to say that they believe Craig Wright’s admission.

Jon Matonis, one of the founding directors of the Bitcoin Foundation, wrote: “According to me, the proof is conclusive and I have no doubt that Craig Steven Wright is the person behind the Bitcoin technology, Nakamoto consensus, and the Satoshi Nakamoto name.”

Suggested articles

How Synthesis Bank Brings the Benefits of Investment Banking to BlockchainGo to article >>

Gavin Andresen, chief scientist at the Bitcoin Foundation, wrote: “I believe Craig Steven Wright is the person who invented Bitcoin. I was flown to London to meet Dr. Wright a couple of weeks ago, after an initial email conversation convinced me that there was a very good chance he was the same person I’d communicated with in 2010 and early 2011. After spending time with him I am convinced beyond a reasonable doubt: Craig Wright is Satoshi.”

The price of Bitcoin, if you were wondering, did not react in any meaningful way to the revelation; it is still hovering around $445.

Got a news tip? Let Us Know