The ‘Find Satoshi Nakamoto’ Campaign Raises $70,000 so Far in Search for Bitcoin’s Creator
Who is Satoshi? Campaign Seeking to Find Bitcoin “Father” Raises $70K So Far
Ever wonder who the genius behind the revolutionizing, Bitcoin is? This is a question many crypto fanatics have been eager to resolve, as the current answer is not so simple. In particular, an individual or group used a pseudonym, “Satoshi Nakamoto”, as being the creator of Bitcoin when it was first released via a cryptography.
The Bitcoin protocol first came to light during the 2008 financial crisis, which one would say is an apt introduction to consumers, as they will now have a different option to consider. Nevertheless, it was not until January of 2009 that Satoshi made both the first ever bitcoin client and token available to consumers.
There must be a way to find Satoshi, right? That’s what a group of individuals believe, as they created “International Search for Bitcoin Creator Satoshi Nakamoto” on Russian fund-raising platform, BoomStarter. While the main goal behind this campaign is to find the rightful owner of Bitcoin, it also is a way to rid the crypto world of the assumptions of who it might be.
One theory that has flourished thus far is the possibility that of Australian Computer Scientist, Craig Wright being the creator, as he previously proclaimed himself as being Nakamoto. Another theory, according to Ethereum World News, is that it was the doing of several individuals who shared a common stance on the matter.
Getting back to the fund-raising campaign, which is being led by German Neff, the complete goal is to raise USD$200,000, with nearly USD$70,000 already locked in. In questioning why finding Satoshi is necessary, especially after nearly 10 years’ time, the case made by Neff revolves around the current position of the crypto market. He trusts that finding Satoshi will help to understand the reason behind the existence of Bitcoin and how it can be further developed to eliminate the volatility tied to it.
In particular, he shared:
“Satoshi needs to be found. And it is not just a trite curiosity. Now the market is on a fragile balance; for the further development of cryptocurrency, we need to know who created crypto and why.”
As for the direction that will be taken moving forward, it appears that the funds will come in handy for hiring detectives as spread out as possible. Thus far, Neff projects such hires will be done in the U.S, Japan and Europe to name the least. In addition, some financing is said to be needed to onboard IT professionals in the search for Satoshi as well.
To get closer to the cause one can either go to BoomStarter or catch onto the hashtag, “#findsatoshi”. Do you think that this team will be successful in finding Satoshi? Or do you figure that the government has already gotten to the mystery individual/group but remains closed on the matters? Share your thoughts below.