![[Valid Atom 1.0]](images/valid-atom.png "Valid Atom 1.0")
This is a valid Atom 1.0 feed.
This feed is valid, but interoperability with the widest range of feed readers could be improved by implementing the following recommendations.
<id>hatenablog://blog/17680117127219668291</id>
^
<feed xmlns="http://www.w3.org/2005/Atom" xml:lang="en">
line 18, column 50: (4 occurrences) [help]
<id>hatenablog://entry/4207112889964940655</id>
^
<feed xmlns="http://www.w3.org/2005/Atom" xml:lang="en"> <title>Satoshi Nakamoto » Bitcoin (BTC) ✔</title> <link href="https://satoshi-nakamoto.hatenablog.com/"/> <updated>2023-02-20T20:50:11+09:00</updated> <author> <name>satoshi-nakamoto</name> </author> <generator uri="https://blog.hatena.ne.jp/" version="70066b864cc9c7033e1b42340e8b05">Hatena::Blog</generator> <id>hatenablog://blog/17680117127219668291</id> <entry> <title>Satoshi Nakamoto - Any Updates ?</title> <link href="https://satoshi-nakamoto.hatenablog.com/entry/2023/02/20/Satoshi_Nakamoto_-_Any_Updates_%3F"/> <id>hatenablog://entry/4207112889964940655</id> <published>2023-02-20T20:50:11+09:00</published> <updated>2023-02-20T20:50:44+09:00</updated> <summary type="html">Satoshi Nakamoto is the pseudonym used by the anonymous creator(s) of Bitcoin. The true identity of Satoshi Nakamoto has never been revealed, and it remains one of the biggest mysteries in the world of cryptocurrencies. Satoshi Nakamoto is known for writing the Bitcoin white paper, which outlines th…</summary> <content type="html"><p align="center"><img src="https://s20.directupload.net/images/230220/th7brw8f.jpg" title="Satoshi Nakamoto - Any Updates ?" /></p><p>Satoshi Nakamoto is the pseudonym used by the anonymous <a class="keyword" href="http://d.hatena.ne.jp/keyword/creator">creator</a>(s) of <a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a>. The true identity of Satoshi Nakamoto has never been revealed, and it remains one of the biggest mysteries in the world of cryptocurrencies. Satoshi Nakamoto is known for writing the <a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a> white paper, which outlines the principles and technical details of <a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a>.</p><h3 id="When-was-Bitcoin-created-">When was <a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a> created ?</h3><p><a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a> was created in 2008 by Satoshi Nakamoto. The white paper on <a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a> was published in October 2008, and the first <a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a> transaction occurred in January 2009.</p> <h3 id="What-happened-to-Satoshi-Nakamoto-">What happened to Satoshi Nakamoto ?</h3><p>After the creation of <a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a>, Satoshi Nakamoto disappeared from the public eye. Their last message to the <a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a> community was in 2011, where they handed over control of the <a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a> source code repository to Gavin Andresen, a software developer who worked on <a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a>. Since then, there have been no updates on Satoshi Nakamoto's whereabouts or identity. It is unclear whether Satoshi Nakamoto is an individual or a group of people, and the true identity remains a mystery.</p><h3 id="Theories-on-Satoshi-Nakamotos-Identity">Theories on Satoshi Nakamoto's Identity</h3><p>Over the years, there have been many theories about Satoshi Nakamoto's identity. Some have claimed to be Satoshi Nakamoto, but none have been able to prove it. Here are some of the <a class="keyword" href="http://d.hatena.ne.jp/keyword/most">most</a> popular theories:</p><ul><li><em><strong>Nick Szabo</strong></em> - Nick Szabo is a computer scientist and cryptographer who has been linked to the creation of <a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a>. Szabo has denied being Satoshi Nakamoto, but some believe that he may be the mysterious figure behind <a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a>.</li><li><em><strong>Dorian Nakamoto</strong></em> - In 2014, <a class="keyword" href="http://d.hatena.ne.jp/keyword/Newsweek">Newsweek</a> published an article claiming that Dorian Nakamoto, a Japanese-American man living in California, was the <a class="keyword" href="http://d.hatena.ne.jp/keyword/creator">creator</a> of <a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a>. Dorian Nakamoto denied the claim, and it remains unclear whether he has any connection to <a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a>.</li><li><em><strong>Craig Wright</strong></em> - In 2016, Australian entrepreneur Craig Wright claimed to be Satoshi Nakamoto. However, he was unable to provide sufficient proof to back up his claim, and many in the <a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a> community dismissed his claim.</li><li><em><strong>Hal Finney</strong></em> - Hal Finney was a computer scientist and the first person to receive a <a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a> transaction from Satoshi Nakamoto. Finney denied being Satoshi Nakamoto, but some have speculated that he may have been involved in the creation of <a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a>.</li></ul><h3 id="Any-Updates-on-Satoshi-Nakamoto-">Any Updates on Satoshi Nakamoto ?</h3><p>Despite years of speculation and investigation, there have been no updates on Satoshi Nakamoto's identity or whereabouts. Some have suggested that Satoshi Nakamoto may have passed away or simply chosen to disappear from the public eye. However, the impact of Satoshi Nakamoto's creation continues to be felt in the world of cryptocurrencies.</p><h3 id="The-Mystery-of-Satoshi-Nakamoto">The Mystery of Satoshi Nakamoto</h3><p>The mystery surrounding the identity of Satoshi Nakamoto, the <a class="keyword" href="http://d.hatena.ne.jp/keyword/creator">creator</a> of <a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a>, continues to baffle the cryptocurrency community. Despite numerous attempts to uncover the true identity of this enigmatic figure, the identity of Satoshi Nakamoto remains unknown to this day.</p><p>Many theories have been put forward about the true identity of Satoshi Nakamoto, but none have been proven to be true. Some have suggested that it could be a group of people, while others believe it is a single individual. Some even speculate that it could be an AI algorithm created by a team of developers.</p><p>One of the reasons why Satoshi Nakamoto remains such a mystery is the fact that the <a class="keyword" href="http://d.hatena.ne.jp/keyword/creator">creator</a> of <a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a> was so meticulous in covering their tracks. They went to great lengths to ensure that their identity remained hidden, including using a pseudonym and remaining anonymous online.</p><p>Despite the mystery surrounding Satoshi Nakamoto, the impact of <a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a> and the underlying blockchain technology cannot be denied. <a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a> has revolutionized the way we think about money and has paved the way for countless other cryptocurrencies and blockchain-based applications.</p><h3 id="Satoshi-Nakamotos-Vision-for-Bitcoin">Satoshi Nakamoto's <a class="keyword" href="http://d.hatena.ne.jp/keyword/Vision">Vision</a> for <a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a></h3><p>Although the identity of Satoshi Nakamoto remains a mystery, we do know a great deal about their <a class="keyword" href="http://d.hatena.ne.jp/keyword/vision">vision</a> for <a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a>. The <a class="keyword" href="http://d.hatena.ne.jp/keyword/creator">creator</a> of <a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a> outlined their <a class="keyword" href="http://d.hatena.ne.jp/keyword/vision">vision</a> in the <a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a> whitepaper, which was published in 2008.</p><p>In the whitepaper, Satoshi Nakamoto outlined their <a class="keyword" href="http://d.hatena.ne.jp/keyword/vision">vision</a> for a decentralized, peer-to-peer electronic cash system that would be free from the control of governments and financial institutions. The idea was to create a system that was transparent, secure, and open to anyone who wanted to participate.</p><p>Satoshi Nakamoto's <a class="keyword" href="http://d.hatena.ne.jp/keyword/vision">vision</a> for <a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a> was revolutionary at the time and still holds true today. The idea of a decentralized currency that is not controlled by any single entity is a powerful one, and it has the potential to change the way we think about money and financial transactions.</p><h3 id="The-Impact-of-Satoshi-Nakamoto-and-Bitcoin">The Impact of Satoshi Nakamoto and <a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a></h3><p>The impact of Satoshi Nakamoto and <a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a> cannot be overstated. Since the creation of <a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a> in 2009, the cryptocurrency has gained widespread acceptance and has been adopted by millions of people around the world.</p><p><a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a> has revolutionized the way we think about money and has opened up new opportunities for financial innovation. The underlying blockchain technology has also paved the way for countless other applications, including smart contracts, decentralized applications, and more.</p><p><a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a> has also challenged the traditional financial system, forcing governments and financial institutions to rethink their approach to money and financial transactions. In many ways, <a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a> has democratized finance and has given power back to the people.</p><h3 id="FAQs">FAQs</h3><h4 id="Q1-Why-is-Satoshi-Nakamotos-identity-such-a-mystery">Q1: Why is Satoshi Nakamoto's identity such a mystery?</h4><p>A1: Satoshi Nakamoto went to great lengths to cover their tracks and remain anonymous. They used a pseudonym and did not reveal their true identity online.</p><h4 id="Q2-What-was-Satoshi-Nakamotos-vision-for-Bitcoin">Q2: What was Satoshi Nakamoto's <a class="keyword" href="http://d.hatena.ne.jp/keyword/vision">vision</a> for <a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a>?</h4><p>A2: Satoshi Nakamoto's <a class="keyword" href="http://d.hatena.ne.jp/keyword/vision">vision</a> for <a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a> was to create a decentralized, peer-to-peer electronic cash system that was free from the control of governments and financial institutions.</p><h4 id="Q3-How-has-Bitcoin-impacted-the-financial-system">Q3: How has <a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a> impacted the financial system?</h4><p>A3: <a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a> has challenged the traditional financial system and has forced governments and financial institutions to rethink their approach to money and financial transactions.</p><h4 id="Q4-What-is-the-underlying-technology-behind-Bitcoin">Q4: What is the underlying technology behind <a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a>?</h4><p>A4: The underlying technology behind <a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a> is the blockchain, which is a decentralized ledger that records transactions in a transparent and secure manner.</p><h4 id="Q5-What-other-applications-has-the-blockchain-technology-paved-the-way-for">Q5: What other applications has the blockchain technology paved the way for?</h4><p>A5: The blockchain technology has paved the way for countless other applications, including smart contracts, decentralized applications, and more.</p><h3 id="Conclusion">Conclusion</h3><p>In conclusion, Satoshi Nakamoto is a name that continues to captivate the world. Despite the mystery surrounding the identity of this individual or group, the impact of their creation, <a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a>, cannot be denied. The decentralized and trustless nature of <a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a> has revolutionized the world of finance, inspiring countless other blockchain-based projects.</p><p>While there have been numerous attempts to uncover the true identity of Satoshi Nakamoto, the mystery remains unsolved. However, it is clear that the ideas and innovations that emerged from this anonymous <a class="keyword" href="http://d.hatena.ne.jp/keyword/creator">creator</a> have changed the world forever.</p><p>As the world continues to evolve and new technologies emerge, it is exciting to consider what innovations may come next. Perhaps there will be a new revolutionary technology that will make an even greater impact than <a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a>. Only <a class="keyword" href="http://d.hatena.ne.jp/keyword/time%20will%20tell">time will tell</a>, but one thing is for certain: the legacy of Satoshi Nakamoto and <a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a> will continue to inspire and shape the future.</p></content> <link rel="enclosure" href="https://s20.directupload.net/images/230220/th7brw8f.jpg" type="image/jpeg" length="0" /> <author> <name>satoshi-nakamoto</name> </author> </entry> <entry> <title>The Mysterious Satoshi Nakamoto: The Creator of Bitcoin</title> <link href="https://satoshi-nakamoto.hatenablog.com/entry/2023/02/10/The_Mysterious_Satoshi_Nakamoto%3A_The_Creator_of_Bitcoin"/> <id>hatenablog://entry/4207112889961794533</id> <published>2023-02-10T01:46:10+09:00</published> <updated>2023-02-10T01:47:29+09:00</updated> <summary type="html">Satoshi Nakamoto is the pseudonym used by the unknown person or group of people who created the first decentralized digital currency, Bitcoin. The true identity of Satoshi Nakamoto remains a mystery to this day, fueling speculation and conspiracy theories about who they really are and their motives …</summary> <content type="html"><p><img src="https://s20.directupload.net/images/230209/temp/3z9nyapo.png" border="1" title="Satoshi Nakamoto is ..." width="636" height="302" /></p><p>Satoshi Nakamoto is the pseudonym used by the unknown person or group of people who created the first decentralized digital currency, <a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a>. The true identity of Satoshi Nakamoto remains a mystery to this day, fueling speculation and conspiracy theories about who they really are and their motives for creating <a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a>. Despite the mystery surrounding their identity, Satoshi Nakamoto has had a profound impact on the world of finance and technology. In this article, we'll explore the <a class="keyword" href="http://d.hatena.ne.jp/keyword/history">history</a> of Satoshi Nakamoto, the creation of <a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a>, and the theories about their true identity.</p> <h3 id="The-Creation-of-Bitcoin">The Creation of <a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a></h3><p>Satoshi Nakamoto first introduced <a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a> in a white paper titled "<a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a>: A Peer-to-Peer Electronic Cash System" in 2008. The white paper described a decentralized electronic payment system based on cryptography and a distributed ledger, known as the blockchain. This new payment system was designed to be faster, cheaper, and more secure than traditional payment methods, such as credit cards or bank transfers.</p><h3 id="The-Rise-of-Bitcoin">The Rise of <a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a></h3><p>In 2009, Satoshi Nakamoto released the first version of the <a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a> software and began mining the first blocks of the blockchain. This marked the beginning of the <a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a> network and the creation of the first bitcoins. Over the next few years, the popularity of <a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a> grew, and it became increasingly valuable. By late 2017, the price of a single <a class="keyword" href="http://d.hatena.ne.jp/keyword/bitcoin">bitcoin</a> had reached an all-time high of nearly $20,000.</p><h3 id="The-Mysterious-Identity-of-Satoshi-Nakamoto">The Mysterious Identity of Satoshi Nakamoto</h3><p>Despite the significant impact that Satoshi Nakamoto has had on the world of finance and technology, their true identity remains a mystery. Satoshi Nakamoto has never been publicly identified, and all communication with the outside world has been through the pseudonym. This has fueled speculation about who Satoshi Nakamoto really is and why they created <a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a>.</p><h3 id="Theories-About-the-Identity-of-Satoshi-Nakamoto">Theories About the Identity of Satoshi Nakamoto</h3><p>There have been many theories about the true identity of Satoshi Nakamoto, ranging from individuals to government organizations. Some of the <a class="keyword" href="http://d.hatena.ne.jp/keyword/most">most</a> popular theories include:</p><ul><li>An individual named Satoshi Nakamoto: In 2008, a Japanese-American man named Dorian Satoshi Nakamoto was named as the potential <a class="keyword" href="http://d.hatena.ne.jp/keyword/creator">creator</a> of <a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a>. However, he denied any involvement and has never been definitively linked to the pseudonym.</li><li>A group of individuals: Some experts believe that Satoshi Nakamoto is not a single person, but rather a group of people who collaborated on the creation of <a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a>.</li><li>A government organization: Some conspiracy theorists believe that Satoshi Nakamoto is a pseudonym used by a government organization, such as the <a class="keyword" href="http://d.hatena.ne.jp/keyword/NSA">NSA</a> or CIA, to create and control a new global currency.</li></ul><h3 id="Satoshi-Nakamotos-Impact-on-the-World-of-Finance-and-Technology">Satoshi Nakamoto's Impact on the World of Finance and Technology</h3><p>Despite the mystery surrounding their identity, Satoshi Nakamoto has had a profound impact on the world of finance and technology. The creation of <a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a> has led to the development of a new asset class, cryptocurrencies, and has paved the way for the creation of new decentralized financial systems. Additionally, the technology behind <a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a>, the blockchain, has been used in a variety of applications beyond finance, such as supply chain management and voting systems.</p><h3 id="FAQs-about-Satoshi-Nakamoto">FAQs about Satoshi Nakamoto</h3><p><em><strong>Who is Satoshi Nakamoto?</strong></em><br />Satoshi Nakamoto is the pseudonym used by the unknown person or group of people who created the first decentralized digital currency, <a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a>.</p><p><em><strong>When was <a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a> created?</strong></em><br /><a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a> was created in 2008, with the publication of a white paper titled "<a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a>: A Peer-to-Peer Electronic Cash System."</p></content> <link rel="enclosure" href="https://s20.directupload.net/images/230209/temp/3z9nyapo.png" type="image/png" length="0" /> <author> <name>satoshi-nakamoto</name> </author> </entry> <entry> <title>Craig Wright is NOT Satoshi Nakamoto</title> <link href="https://satoshi-nakamoto.hatenablog.com/entry/craig-s-wright-satoshi-or-faketoshi"/> <id>hatenablog://entry/26006613375847262</id> <published>2019-07-22T00:28:16+09:00</published> <updated>2019-07-22T00:30:03+09:00</updated> <summary type="html">Craig S. Wright » The Analysis » "Satoshi" or "Faketoshi" In other articles and social media, some individuals have questioned Craig Wright's character on a personal level and attempted to identify patterns of fraudulent business practices that are not specific to the matter. While my research led m…</summary> <content type="html"><p><img src="https://s18.directupload.net/images/190721/k3kmy76l.jpg" alt="Craig Wright is Faketoshi NOT Satoshi" /></p><h3><span class="" title="Satoshi or Faketoshi">Craig S. Wright » The Analysis » "Satoshi" or "Faketoshi"</span></h3><p>In other articles and social media, some individuals have questioned Craig Wright's character on a personal level and attempted to identify patterns of fraudulent business practices that are not specific to the matter. While my research led me to investigate these allegations, I decided to confine the focus of this particular article to evidence, as this concerns only Wright's claims that he is Satoshi Nakamoto, the <a class="keyword" href="http://d.hatena.ne.jp/keyword/creator">creator</a> of <a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a>.</p> <p>Read the full interesting story <a href="https://bitcoinmagazine.com/articles/op-ed-how-many-wrongs-make-wright"><strong>here</strong></a></p></content> <link rel="enclosure" href="https://s18.directupload.net/images/190721/k3kmy76l.jpg" type="image/jpeg" length="0" /> <author> <name>satoshi-nakamoto</name> </author> </entry> <entry> <title>Satoshi Nakamoto - searching for clues, hints and conjectures</title> <link href="https://satoshi-nakamoto.hatenablog.com/entry/2019/07/17/Satoshi_Nakamoto_-_searching_for_clues%2C_hints_and_conjectures"/> <id>hatenablog://entry/17680117127219756723</id> <published>2019-07-17T21:47:52+09:00</published> <updated>2019-07-17T21:47:52+09:00</updated> <summary type="html">There are many ways to make money: you can earn, find, fake, steal it. Or if you're Satoshi Nakamoto, a supernaturally talented computer coder, you can invent it. He did that on the evening of January 3, 2009, when he pressed a button on his keyboard and created a new currency called Bitcoin. It was…</summary> <content type="html"><p><img class="hatena-fotolife" src="https://cdn-ak.f.st-hatena.com/images/fotolife/s/satoshi-nakamoto/20190717/20190717211444.jpg" alt="Satoshi Nakamoto trail search ..." /></p><p>There are many ways to make money: you can earn, find, fake, steal it. Or if you're Satoshi Nakamoto, a supernaturally talented computer coder, you can invent it. He did that on the evening of January 3, 2009, when he pressed a button on his keyboard and created a new currency called <a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a>. It was a bit and not a coin. There was no paper, copper or silver - only thirty-one thousand lines of code and an announcement on the Internet.</p> <p>Nakamoto, who claims to be a thirty-six-year-old Japanese man, said he spent more than a year writing the software, partly because of anger over the recent financial crisis. He wanted to create a currency that is unpredictable for monetary policy as well as for <a class="keyword" href="http://d.hatena.ne.jp/keyword/bankers">bankers</a> and politicians. Nakamoto's invention was completely controlled by software, which will release a total of twenty-one million bitcoins in the next twenty years, almost all of them. About every ten minutes, coins are distributed through a process similar to a lottery. Miners - people looking for coins - kept playing <a class="keyword" href="http://d.hatena.ne.jp/keyword/lotto">lotto</a>; the fastest computer would win the <a class="keyword" href="http://d.hatena.ne.jp/keyword/most">most</a> money.</p><p>The interest in Nakamoto's invention steadily increased. More and more people dedicated their computers to the lottery, and forty-four exchanges surfaced, so anyone with bitcoins could exchange them for <a class="keyword" href="http://d.hatena.ne.jp/keyword/official">official</a> currencies like dollars or euros. Creative computer engineers could search for bitcoins. Everyone could buy them. Initially, a single <a class="keyword" href="http://d.hatena.ne.jp/keyword/bitcoin">bitcoin</a> was worth less than a penny. But the merchants gradually accepted bitcoins, and by the end of 2010, their <a class="keyword" href="http://d.hatena.ne.jp/keyword/value">value</a> began to rise rapidly. By June 2011, a <a class="keyword" href="http://d.hatena.ne.jp/keyword/bitcoin">bitcoin</a> was worth more than twenty-nine dollars. Market fluctuations followed, and by September the exchange rate had fallen to five dollars. Nevertheless, Nakamoto had created $ 35 million in <a class="keyword" href="http://d.hatena.ne.jp/keyword/value">value</a> with more than seven million Bitcoins in circulation.</p><p>And yet Nakamoto itself was a cipher. Before the debut of <a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a>, there was no record of an encoder with that name. He used an e-mail address and a <a class="keyword" href="http://d.hatena.ne.jp/keyword/website">website</a> that could not be found. In 2009 and 2010 he wrote hundreds of posts in perfect English, and although he invited and corresponded with other software developers to <a class="keyword" href="http://d.hatena.ne.jp/keyword/improve">improve</a> the code, he never revealed any personal detail. Then, in April 2011, he sent a message to a developer saying he had "<em>moved on to other things</em>". Since then nothing has been heard from him.</p><h3>Suddenly disappeared</h3><p>When Nakamoto disappeared, hundreds of people posted theories about his identity and whereabouts. Some wanted to know if you could trust him. Could he have created the currency to hoard and pay out coins?</p><p>However, it seemed that Nakamoto was motivated by politics, not crime. He launched the currency just months after the collapse of the global banking sector and published a five-hundred-word essay on traditional fiat or government-backed currencies. "<em>The main problem with traditional currencies is the confidence needed to make it work</em>," he wrote. "<em>The central bank needs to be trusted not to devalue the currency, but the <a class="keyword" href="http://d.hatena.ne.jp/keyword/history">history</a> of Fiat currencies is fraught with breaches of that trust. Banks must be trusted to keep our money and transfer it electronically, but they lend it in <a class="keyword" href="http://d.hatena.ne.jp/keyword/waves">waves</a> of credit bubbles with only a fraction of the reserve</em>".</p><p>Banks, however, lend much more money than overzealous home buyers. For example, they also monitor payments so that no one can spend the same euro twice. Cash is immune to this problem: you can not give two people the same bill. With digital currency, however, there is a risk that someone can spend the same money several times.</p><p>Nakamoto has solved this problem using innovative cryptography. The <a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a> software encrypts every transaction - the sender and the recipient are identified only by a series of numbers, but a public record of the movement of each coin is published throughout <a class="keyword" href="http://d.hatena.ne.jp/keyword/the%20network">the network</a>. Buyers and sellers remain anonymous, but anyone can see that a coin has moved from A to B, and Nakamoto's code can prevent A from issuing the coin a second time.</p><p>Nakamoto's software would allow people to send money directly to each other without middlemen, and no outside party could create more bitcoins. Central banks and governments did not matter. If Nakamoto had ruled the world, he would have just fired Ben Bernanke, closed the European Central Bank, and closed Western Union. "<em>Everything is based on cryptographic evidence rather than trust</em>," Nakamoto wrote in his 2009 essay.</p><h3>Is the <a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a> Blockchain safe</h3><p>However, <a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a> would be doomed to failure if the code was unreliable. Earlier this year (2011), Dan Kaminsky, a leading Internet security researcher, was studying the currency and was confident that he would find greater weaknesses. Kaminsky is known among hackers to have discovered in 2008 a fundamental flaw in the Internet that would have allowed an experienced programmer to take over a <a class="keyword" href="http://d.hatena.ne.jp/keyword/website">website</a> or even close the Internet. Kaminsky drew the attention of the <a class="keyword" href="http://d.hatena.ne.jp/keyword/Department%20of%20Homeland%20Security">Department of Homeland Security</a> and the executives of <a class="keyword" href="http://d.hatena.ne.jp/keyword/Microsoft">Microsoft</a> and <a class="keyword" href="http://d.hatena.ne.jp/keyword/Cisco">Cisco</a> and worked with them to fix the problem. He is one of the <a class="keyword" href="http://d.hatena.ne.jp/keyword/most">most</a> experienced practitioners of "<em>penetration testing</em>" the art of compromising the security of computer systems at the behest of owners who want to know their vulnerabilities. <a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a> was an easy target in his opinion.</p><p>"<em>When I looked at the code for the first time, I was sure I could crack it</em>" Kaminsky said, noting that the programming style was dense and inscrutable. "<em>The way the whole thing was formatted was crazy. Only the <a class="keyword" href="http://d.hatena.ne.jp/keyword/most">most</a> paranoid and meticulous programmer in the world can avoid mistakes</em>".</p><p>Kaminsky lives in Seattle, but when he visited his family in San Francisco in July, he retired to the basement of his mother's house to work on his <a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a> attacks. In a windowless room full of computers, Kaminsky paced and talked to himself to get an idea of the <a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a> network. He quickly identified nine ways to compromise the system, and searched Nakamoto's code for an insertion point for his first attack. But when he found the right place, a message was waiting for him. "<em>Attack removed</em>" it said. The same thing happened again and again and made Kaminsky angry. "<em>I came up with wonderful mistakes</em>" he said. "<em>But every time I went in the code, there was a line that addressed the problem</em>".</p><p>He was like a burglar who was sure he could break into a shore by digging a tunnel, piercing a wall or climbing down a fox, and in each attempt he discovered a freshly cast cement lock with a shield that told him to go home. "<em>I've never seen anything like it</em>" Kaminsky said, still in awe.</p><p>Kaminsky announced the skills that Nakamoto would need to do it. "<em>He's a world-class programmer with a deep understanding of the C ++ programming language</em>" he said. "<em>He understands economics, cryptography and peer-to-peer networking</em>".</p><p>"<em>Either there is a team of people who have worked on it</em>" said Kaminsky, "<em>or this guy is a genius</em>".</p><p>Kaminsky was not alone in this assessment. Shortly after the introduction of the currency Nakamoto published a nine-page technical document describing how <a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a> works. This document contained three references to the work of Stuart Haber, a H.P. Labs at Princeton. Haber is director of the International Association for Cryptologic Research and knew all about <a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a>. "<em>Whoever did that had a deep understanding of cryptography</em>" Haber said when I called. "<em>They have read the scientific papers, have a strong intelligence and combine the concepts in a really new way</em>".</p><p>Haber noted that the Cryptographers community is very small: about three hundred people per year attend the main conference, the annual gathering in Santa Barbara. <a class="keyword" href="http://d.hatena.ne.jp/keyword/Most">Most</a> likely, Nakamoto belonged to this island world.</p><h3>Nakamoto had good reason to hide</h3><p>People who experiment with currency <a class="keyword" href="http://d.hatena.ne.jp/keyword/tend">tend</a> to get into trouble. In 1998, a Hawaiian named Bernard of NotHaus began producing silver and gold coins, which he called Liberty Dollars. Nine years later, the US government accused Emergency House of "<em>conspiring against the United States</em>". He was found guilty and awaits the conviction. "<em>It is a violation of the federal law for individuals ... to create private coin or currency systems that compete with the <a class="keyword" href="http://d.hatena.ne.jp/keyword/official">official</a> coins and currencies of the United States</em>" as the F.B.I. the end of the process announced.</p><p>Online currencies are not excluded. In 2007, the federal government filed charges against e-Gold, a company that sold a digital currency redeemable for gold. The government argued that the project allowed money laundering and child pornography, as users did not have to provide thorough IDs. The company's owners were found guilty of operating an unlicensed money-carrying business and the CEO was <a class="keyword" href="http://d.hatena.ne.jp/keyword/sentenced">sentenced</a> to months of house-arrest. The company was effectively closed.</p><p>Nakamoto seemed to be doing the same thing as these other currency developers balking at authorities. He competed with the dollar, assuring users' anonymity, making <a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a> attractive to criminals. This winter, a <a class="keyword" href="http://d.hatena.ne.jp/keyword/website">website</a> called Silk Road was launched, where users could buy and sell heroin, <a class="keyword" href="http://d.hatena.ne.jp/keyword/LSD">LSD</a> and marijuana as long as they paid with <a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a>.</p><p>However, Lewis Solomon, emeritus professor at the <a class="keyword" href="http://d.hatena.ne.jp/keyword/George%20Washington">George Washington</a> University Law School who has written on <a class="keyword" href="http://d.hatena.ne.jp/keyword/alternative">alternative</a> currencies, argues that the creation of <a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a> could be legal. "<em><a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a> is in a gray area, partly because we do not know if it should be treated as a currency, as a commodity like gold, or possibly even as a security</em>" he says.</p><p>However, gray areas are dangerous, which is why Nakamoto <a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a> has secretly constructed. This may also explain why he created the code using the same peer-to-peer technology that allows for piracy and music sharing: users connect to each other rather than to a centralized server. There is no controlling company, no office that could be searched, and no one who could be arrested.</p><h3>Analysis of Satoshi Nakamoto</h3><p>The extensive online postings of Nakamoto have some special features. First of all, there is the perfect English. Within two years he wrote about eighty thousand words - the approximate length of a novel - and made just a few typos. He dealt with topics ranging from the theories of the Austrian economist Ludwig von Mises to the <a class="keyword" href="http://d.hatena.ne.jp/keyword/history">history</a> of commodity markets. Perhaps the <a class="keyword" href="http://d.hatena.ne.jp/keyword/most">most</a> interesting thing was when he created the first fifty bitcoins known today as the <a class="keyword" href="http://d.hatena.ne.jp/keyword/Genesis">Genesis</a> Block. He permanently embedded a short line of text in the data: "<em><a class="keyword" href="http://d.hatena.ne.jp/keyword/The%20Times">The Times</a> 03 / Jan / 2009 Chancellor just before the second rescue operation for banks</em>".</p><p>This is a reference to a Times of London article stating that the UK government failed to stimulate the economy. Nakamoto seemed to say that it was time to try something new. The text, hidden in a jumble of codes, was a kind of digital battle cry. It also showed that Nakamoto read a <a class="keyword" href="http://d.hatena.ne.jp/keyword/British">British</a> newspaper. He used the <a class="keyword" href="http://d.hatena.ne.jp/keyword/British">British</a> spelling ("favor," "color," "gray," "modernized") and eventually described something as "bloody hard". One <a class="keyword" href="http://d.hatena.ne.jp/keyword/flat">flat</a> was a <a class="keyword" href="http://d.hatena.ne.jp/keyword/flat">flat</a>, math was maths, and his comments usually occurred after normal business hours ended in the UK. In a first post in which <a class="keyword" href="http://d.hatena.ne.jp/keyword/Bitcoin">Bitcoin</a> was announced, he used an American spelling. But after that, of course, a <a class="keyword" href="http://d.hatena.ne.jp/keyword/British">British</a> style seemed to flow.</p><p>We will soon come with more information, just stand by ...</p></content> <link rel="enclosure" href="https://cdn-ak.f.st-hatena.com/images/fotolife/s/satoshi-nakamoto/20190717/20190717211444.jpg" type="image/jpeg" length="0" /> <author> <name>satoshi-nakamoto</name> </author> </entry> </feed> If you would like to create a banner that links to this page (i.e. this validation result), do the following:
Download the "valid Atom 1.0" banner.
Upload the image to your own server. (This step is important. Please do not link directly to the image on this server.)
Add this HTML to your page (change the image src attribute if necessary):
If you would like to create a text link instead, here is the URL you can use:
http://www.feedvalidator.org/check.cgi?url=https%3A//satoshi-nakamoto.hatenablog.com/feed
