Nakamoto’s BTC fortune has remained unspent since 2010, while its valuation has fluctuated wildly. This incredible level of HODLing has led analysts to believe the BTC creator has either passed away or has tragically lost access to the crypto . Others still believe Nakamoto is intentionally maintaining an absolute silence.
Bitcoin has no expiration mechanism, with no timeouts, no inactivity penalties, or other kind of reversion to the network. Moreover, there seems to be no quantum or other new-fangled computer cryptography tech that is anywhere near breaking the SHA-256 algorithm. Thus, these coins may indeed remain inaccessible to anyone other than Nakamoto for the next 20–40 years.
However, the situation could change if any of the founders’ coins are ever moved or spent. Such an action would cause a stir in itself. Still, it would also expose the public key of that specific coin, creating a more vulnerable attack surface for a sufficiently powerful future quantum computer .
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Mark Tyson Social Links Navigation News Editor Mark Tyson is a news editor at Tom's Hardware. He enjoys covering the full breadth of PC tech; from business and semiconductor design to products approaching the edge of reason.
vanadiel007 What if it was not a person, but an AI that is the creator? That would explain why the coin's were never touched and the person's identity is unknown. Highly unlikely, but could be possible… Reply
Dementoss Surely it is not impossible, that the person who developed Bitcoin, may have provided him/herself a way of accessing their stash undetected. Reply
SatoshiExpert67 It's 100% Jack Dorsey. All the evidence points to him. He's all but confirmed it Reply
hardwaretester Elon Musk has never *tweeted* his guess about the real identity of Satoshi Nakamoto Musk readily weighs in on controversial subjects, but on the subject of Satoshi Nakamoto, he has never tweeted a serious guess. Reply
badhombre hardwaretester said: Elon Musk has never *tweeted* his guess about the real identity of Satoshi Nakamoto Musk readily weighs in on controversial subjects, but on the subject of Satoshi Nakamoto, he has never tweeted a serious guess. That's because he's busy sucking the farts out of Tesla owners seats! Reply
Findecanor vanadiel007 said: What if it was not a person, but an AI that is the creator? If we're going to throw up wild conspiracy theories for fun , let me present this: It was invented by NSA as an attempt to create a bot net for breaking SHA-256 signatures. In Japanese names, the family name comes first: N akamoto SA toshi. N SA . … 😉 😉 😉 (I'm only half joking. After Snowden, who knows what the NSA is capable of…) Reply
davzinzan SatoshiExpert67 said: It's 100% Jack Dorsey. All the evidence points to him. He's all but confirmed it Is the evidence in the room with us? Reply
derekullo Most likely Satoshi Nakamoto is an anagram. Reply
Key considerations
- Investor positioning can change fast
- Volatility remains possible near catalysts
- Macro rates and liquidity can dominate flows
Reference reading
- https://www.tomshardware.com/tech-industry/cryptocurrency/SPONSORED_LINK_URL
- https://www.tomshardware.com/tech-industry/cryptocurrency/bitcoin-creator-satoshi-disappeared-on-this-day-15-years-ago-leaving-a-final-public-message-ive-moved-on-to-other-things-true-identity-of-satoshi-nakamoto-entity-remains-unknown#main
- https://www.tomshardware.com
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Informational only. No financial advice. Do your own research.