Satoshi Nakamoto is a pseudonym used by the person or people who developed Bitcoin, authored its white paper, and created and published the original Bitcoin reference software. As part of implementing the process, Nakamoto created the first blockchain database. Nakamoto was the first to solve the double-spending problem of digital currency using a peer-to-peer network, and was active in developing Bitcoin until December 2010.
Professional life
Profession: Cryptographer, programmer, software engineer Edit property value (P106) in Wikidata
Languages: English Edit property value (P1412) in Wikidata
Field of work: Bitcoin, computer science, information technology, cryptography, and cryptocurrency Edit property value (P101) in Wikidata
Notable works: Bitcoin, and blockchain Edit property value (P800) in Wikidata
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##Reason for fame:-
The name Satoshi Nakamoto became famous after the idea of Bitcoin was first announced in a research paper in 2008. Just as the name gained rapid fame in 2008, the person behind the name quickly disappeared from the Bitcoin development scene in mid-2010 after handing over all of his development tasks and the main website to the most active volunteers in the Bitcoin community. It is believed that Satoshi Nakamoto holds nearly a million bitcoins, which exceeded a billion US dollars in value by the end of 2013.
Nakamoto stated that work on Bitcoin began in 2007, and on August 18, 2008, the domain name bitcoin.org was registered, and Nakamoto published a research paper on the cryptography mailing list at metzdowd.com describing an encrypted digital currency titled "Bitcoin: A Peer-to-Peer Electronic Cash System."
Satoshi Nakamoto's message is embedded in the currency's genesis block
On January 9, 2009, Nakamoto published "version 0.1" of the Bitcoin program on SourceForge, and launched the network by mining the "Genesis Block of Bitcoin" (block number 0), earning a reward of 50 bitcoins. The text included in the coinbase transaction of this block was: "The Times 03/Jan/2009 Chancellor on brink of second bailout for banks," which is a headline that was published in the British newspaper "The Times" on that day. This note was interpreted as a timestamp for the creation date of Bitcoin, and as a sardonic comment on the instability caused by fractional reserve banks.
Nakamoto continued to collaborate with other developers on the Bitcoin program until mid-2010, where he made all modifications to the source code, then handed over control of the core code and the network alert key to Gavin Andresen, and transferred many related domains to prominent members of the Bitcoin community, and stopped his recognized participation in the project.$BTC
