Nakamoto unmasked?
New Delhi, April 9 -- The mystery surrounding Bitcoin's creator may have edged closer to resolution, with a news report identifying British cryptographer Adam Back as the most likely person behind the pseudonym Satoshi Nakamoto - a claim he has denied.
A report in the The New York Times argues that Back had developed nearly all the core ideas behind Bitcoin at least a decade before Nakamoto published the cryptocurrency's white paper in 2008, citing similarities in technical thinking, writing style and online behaviour.
Back rejected the claim, calling the investigation a case of "confirmation bias" built on coincidences. In a post on X, he said he was involved in early discussions on digital money, but did not create Bitcoin. "I'm not Satoshi... I also don't know who Satoshi is, and I think it is good for Bitcoin that this is the case," he said.
The investigation rests on four key strands: Back's early articulation of Bitcoin-like ideas; parallels between his work and Nakamoto's; a pattern in his online activity that appears to mirror Nakamoto's emergence and disappearance; and similarities in their writing styles.
Both Back and Nakamoto were linked to the Cypherpunks, a loosely organised group from the 1990s that advocated the use of cryptography to protect privacy and limit government oversight. The report notes that Back had proposed a decentralised digital currency system resembling Bitcoin years before its creation.
Back also developed Hashcash, a system designed to combat spam, which later became a key component in Bitcoin's architecture....
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