Who developed the Idea of Bitcoins?

The concept of Bitcoins was developed by Satoshi Nakamoto, who resides in total anonymity. He is said to be from Japan but his mail ID was from Germany, plus the bitcoin software was not available in Japanese.

Satoshi Nakamoto was the inventor of the bitcoin protocol, publishing a paper via the Cryptography Mailing List in November 2008. He developed the system and the Bitcoin software (that is used to run the system). Nakamoto worked with people on the open-source team, but took care never to reveal anything personal about himself, and the last anyone heard from him was in the spring of 2011, when he said that he had “moved on to other things”.

Satoshi Nakamoto, the pseudonym of the person or group of people who invented bitcoin, was publicly nominated for the Nobel Prize in Economics in 2015. Nobel committee can’t communicate with him. The usual protocol is that the committee obtains the awardee’s telephone number and calls the person to announce that he or she has won. But in this case, no one really knows who is, where he lives, or what his phone number is.

Who is Satoshi Nakamoto, Bitcoin’s enigmatic creator?

Without hard evidence, we may never know. What we do know is that Satoshi just became the first Bitcoin billionaire.


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