New Potential Satoshi Nakamoto Emerges – Ethereum’s Charles Hoskinson Unveils Him
The crypto space is celebrating as Bitcoin finally managed to surpass the essential level of $10k.
This is an important FOMO triggering level, and according to a recent Forbes article, the Wall Street believes that we’ll be seeing more surge for the king coin from now.
$BTC is coiling. It will take out 10k soon. All the tragic turmoil in the USA adds to the narrative. Budgets are going one way and it’s the opposite of balanced. When 10k goes it will move fast. Get on the train.
— Michael Novogratz (@novogratz) June 1, 2020
Cardano’s Charles Hoskinson believes Adam Back is Satoshi Nakamoto
Cardano creator Charles Hoskinson believes that Blockstream CEP Adam Back could be Satoshi Nakamoto.
He said that there are various reasons for which he believes that this could be true and these include his experience in privacy and cryptography.
Just in case you don’t know, Back is the inventor of Hashcash, a proof-of-work system that ultimately became a cornerstone for BTC.
Hoskinson told Cointelegraph the following:
“These are just great examples of what you would expect from the inventor of a proto-system that’s almost Bitcoin, to kind of keep doing that research. The other thing is that Back is an expert in cryptography and he has a lot of experience in privacy.”
That’s a good thing. Means the alias is working if people can have divergent reasonable opinions. Best to leave the old dog sleeping and move on
— Charles Hoskinson (@IOHK_Charles) May 26, 2020
He continued and said: “So you say, OK, who would have enough operational security knowledge to create an alias that’s very secure and capable of defending against? That would be Back. Back was friends with Hal Finney. They knew each other for a long time. The very second person to enter the Bitcoin space.”
Anyway, Back said he’s not Satoshi.
Metaphorically “We are all Satoshi” but concretely I am not.
— Adam Back (@adam3us) May 26, 2020
Stay tuned for more Bitcoin and crypto-related news.
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.
Eduard Watson Author
An experienced finance writer for more than 10 years, active industry watcher, and gadget enthusiast.