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Tag: Satoshi Nakamoto

CIA Keeps Mum on Rumors of it Knowing the Real Identity of Satoshi Nakamoto

Category: Bitcoin, Commentary, News, Regulation

CIA Keeps Mum on Rumors of it Knowing the Real Identity of Satoshi Nakamoto

The United States Central Intelligence Agency (CIA) has stated that it is not willing to confirm or deny rumors alleging that it knows the true identity of the elusive Bitcoin founder Satoshi Nakamoto. The Search for Satoshi The statement was made in response to a Freedom of Information Act (FOIA) request made to the agency by Vice News reporter David…

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A Satoshi Nakamoto Statue May Soon Be Erected in Ukraine

Category: Altcoins, Bitcoin, Blockchain, Finance

A Satoshi Nakamoto Statue May Soon Be Erected in Ukraine

An initiative to build a monument of Satoshi Nakamoto, the pseudo-anonymous creator of Bitcoin and blockchain technology, in the Ukranian Capital Kyiv, is gaining significant traction. Nakamoto Gaining Public Relevance According to RadioFreeEurope, the statue would be one of the first monuments centered around cryptocurrencies and blockchain technology to honor Nakamoto. “We are engaging in the construction of monuments to…

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“Bossy, Eccentric, and Kind of Weird”: Laszlo Hanyecz Describes Bitcoin Founder Satoshi Nakamoto

Category: Bitcoin, Commentary, News

“Bossy, Eccentric, and Kind of Weird”: Laszlo Hanyecz Describes Bitcoin Founder Satoshi Nakamoto

Satoshi Nakamoto, the pseudonymized founder of Bitcoin, has been described by Laszlo Hanyecz, an early Bitcoin developer, as “paranoid,” “bossy,” and “a little bit weird” according to a May 30 interview. The legendary creator of Bitcoin (BTC) has never revealed their identity publicly, and very little is known of about the pioneer, save for a number of web posts and…

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Soon the First Monument to Satoshi Nakamoto will be Erected in Ukraine on the Site of the Monument to Lenin

Category: Press Releases

Soon the First Monument to Satoshi Nakamoto will be Erected in Ukraine on the Site of the Monument to Lenin

The name of Satoshi Nakamoto is known almost to everyone. The person, who invented Bitcoin, the first cryptocurrency, the innovator, who found the implementation of the blockchain technology, which could completely change the world and the society in the nearest future. Who is Satoshi Nakamoto? The singularity of the idea is added by the fact, that person, hidden under the…

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Can Bitcoin Exist Without Trust?

Category: Bitcoin, Commentary, Finance, News, Regulation, Tech

Can Bitcoin Exist Without Trust?

In an individualistic commodity society, there are no relationships of solidarity that protect you against uncertainty. The existence of a person in such a community depends only on his ability to acquire (buy) the things he needs on the market. For this reason, individuals are looking for an item that would give them an opportunity to purchase any product in…

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Redditors are Battling to Prove their Region Leads Bitcoin Adoption

Category: Bitcoin, Commentary, News

Redditors are Battling to Prove their Region Leads Bitcoin Adoption

Redditors worldwide have suddenly become engaged in a new battle amongst themselves to highlight merchants accepting bitcoin in their native land. Dozens of users are posting pictures of local outlets accepting bitcoin as a payment method, all to prove that their region is still ahead in terms of adoption of the largest and most popular cryptocurrency. How it All Started…

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Bitcoin Will only Cease to Exist if Blockchain Technology Fails

Category: Altcoins, Bitcoin, Blockchain, Business, Finance, News, Regulation, Tech

Bitcoin Will only Cease to Exist if Blockchain Technology Fails

The concept of Distributed Ledger Technology (DLT), or a cryptographically secured chain of ‘blocks,’ has been known since the late 90s when Stuart Haber and W. Scott Stornetta first described explained the technology in their work. The two expert cryptographers took their blockchain experiment a step further by adding Merkle Trees to their block design and could now save a…

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The History of Bitcoin Part 2: Bit Gold

Category: Bitcoin, Cryptocyclopedia, Mining, News, Tech

The History of Bitcoin Part 2: Bit Gold

Read Part 1 of the History of Bitcoin series here. While bitcoin is the first functioning decentralized digital peer-to-peer payment system, it has several predecessors that have helped to shape its existence. It will be these forerunners that will make up our discussion in ‘The History of Bitcoin’ series. What is Bit Gold? In a 2010 forum post, Satoshi Nakamoto…

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The History of Bitcoin Part 1: What is Hashcash?

Category: Cryptocyclopedia

The History of Bitcoin Part 1: What is Hashcash?

To start BTCManager’s ‘History of Bitcoin’ series, we will look at the proof-of-work algorithm Hashcash. This algorithm was used as the basis upon which a number of cryptocurrencies, most notably bitcoin, create their mining protocols. The Origin of Hashcash In 1992, researchers Cynthia Dwork and Moni Naor presented their paper titled: “Pricing via Processing or Combatting Junk Mail” at the…

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Craig Wright Facing $10 Billion Lawsuit Over Stolen Bitcoin

Category: Bitcoin, Commentary, News

Craig Wright Facing $10 Billion Lawsuit Over Stolen Bitcoin

There have been numerous lawsuits filed against individuals and companies in the cryptocurrency sector in recent times. Most of the time these are related to fraudulent ICOs or tokens that do not follow the relevant securities laws. However, none of them have been as substantial as the lawsuit that was filed against self-proclaimed Bitcoin creator Craig Wright that is looking…

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