Is XRP Architect The Bitcoin Creator, Satoshi Nakamoto?
The quest to find the Bitcoin creator Satoshi Nakamoto continues without any success.
One of the most recent “potential candidates” was said to be the XRP architect David Schwartz.
David Schwartz denies being Satoshi
Ripple’s CTO David Schwartz said that he’s not Bitcoin creator Satoshi Nakamoto.
In response to questions that are posted on Twitter regarding whether he’s responsible for building the Bitcoin network, Schwartz said that he did not find out about Bitcoin until 2011 which is two years after BTC was created.
You may know that he’s one of the original architects of the XRP ledger and he believes that most likely there’s no Satoshi and the presumed BTC creator was a group of people rather than just a single person.
I think it’s more plausible that Satoshi was a small group of people given the wide set of skills displayed and the amount of work done. It could have been one person, but that seems somewhat unlikely to me.
— David Schwartz (@JoelKatz) June 28, 2020
Someone said, “So…you and a couple friends? That would make the statement of “its not me” true since it was multiple individuals…”
Here’s Schwartz’s response: “It’s much more plausible to say that I was one of the people involved than that I was Satoshi. I certainly could have been one of the people involved. But, unfortunately for me, I didn’t find out about bitcoin until 2011.”
He also said that he had been slowly selling his Bitcoin for several years. This does not mean that he’s not bullish on the king coin, but he said that the riskiness of the coin made him sell.
Adam Back also said to be Satoshi
Schwartz is the latest crypto popular figure to deny Satoshi rumors.
FWIW they both said it wasn’t them also.
We’ll never know – many cypherpunks had no social media footprint, and anon posts.
Probably a digital ghost, who burned the nym to be safe.
Bitcoin is better as a decentralised digital commodity without a founder.
We are all Satoshi.
— Adam Back (@adam3us) June 28, 2020
You may recall that back in May, Cardano creator Charles Hoskinson said he thought Adam Back could be the founder of BTC.
A highly-skilled cryptographer, Back developed HashCash, the proof-of-work anti-spam mechanism. Now the CEO of Blockstream, one of the major founders and development teams behind Bitcoin Core, Back often speaks on the benefits of Bitcoin, and presented at the G20 Meeting of Finance Ministers this year.
Andreas Townsend Author
I am a technical writer, author and blogger since 2005. An industry watcher that stays on top of the latest features, extremely passionate about finance news and everything related to crypto.