Indonesian Political, Business & Finance News

A Series of Evidence Revealing the True Identity of Bitcoin Creator Satoshi Nakamoto

| Source: CNBC Translated from Indonesian | Technology
A Series of Evidence Revealing the True Identity of Bitcoin Creator Satoshi Nakamoto
Image: CNBC

International media has claimed to have uncovered the identity of Bitcoin’s mysterious creator. The latest report from The New York Times points to Blockstream CEO Adam Back as the strongest candidate for the figure behind the pseudonym Satoshi Nakamoto. The report notes that Back shares several similarities with Nakamoto, from writing style in early internet forums to timelines of online activity. Additionally, Back is known to have developed Hashcash, a proof-of-work system that later became the foundation for Bitcoin’s mining mechanism. However, Back immediately denied the claim. In the same report, he stated, “Ultimately, it doesn’t prove anything,” said Back. “And I assure you, it’s really not me,” he added, quoted from CNBC International on Thursday (9/4/2026). Blockstream also issued an official statement rejecting the report’s conclusions. “Today’s New York Times story is built on indirect interpretations of certain details and speculation, not definitive cryptographic evidence,” the company wrote. “Adam Back has consistently stated that he is not Satoshi Nakamoto.” John Carreyrou, the author of the investigation, pointed to similarities in phrasing, spelling, and grammar between Back’s and Satoshi’s posts on early online forums, overlapping timelines of online activity, and Back’s early work on Hashcash, the proof-of-work system crucial to Bitcoin mining. The year-long investigation is far from the first attempt to reveal Nakamoto’s identity. Back is considered one of the most plausible candidates alongside computer scientist Hal Finney and Nick Szabo. The 2024 HBO documentary titled Money Electric: The Bitcoin Mystery previously identified developer Peter Todd as Bitcoin’s creator. Bitcoin’s price recently rose 4.4% to US$71,732.79 on Wednesday as part of a broader market rally related to the US-Iran ceasefire.

View JSON | Print