New ‘Faketoshi’ Blockchain Signature Tool by Albacore Labs Intends on Helping Unmask Satoshi

It’s a relentless and undying issue in the cryptocurrency world – if Satoshi Nakamoto really exists, and if so, who is he, and anything else concerning his identity. Now, the issues are being revived with the generation of a signature that features a message hash tethered to an early mimed block.

The signature – a Satoshi Nakamoto fake signature – is problematic though and one firm, Albacore Labs developed a tool to validate the signature.

The validation process allows anyone can try to prove that they are indeed the real Satoshi Nakamoto. The startup’s primary website, dubbed Faketoshi, states

“With everyone seemingly trying to prove they are Satoshi (looking at you Craig Wright and “Faketoshi twitter”), we’ve decided to make it easier for other people to make similar claims.”

Further, “Clicking the button below will generate a signature and message hash that will successfully validate against the address that mined the genesis block, which is known to have been mined by Satoshi. Just don’t ask for the plaintext message that generated the hash…(spoiler, we don’t know it either).”

The signing tool may be beneficial for the community as well. Right now, there seems to be a lack of understanding within the bitcoin and blockchain community concerning the technicalities of signatures. As Albacore explains,

“This leads to situations where the merest mention of crypto-esque jargon like digital signatures or hashtags is convincing enough.”

Further, the platform makes it easier for people to identify whether the signature is real or fake.