Privacy Crypto Dev Attempts to Expose Self-Proclaimed Bitcoin Creator
Anonymity and privacy are extremely important in the crypto industry. The original crypto that the entire industry is based on was created by the pseudonym Satoshi Nakamoto, and to this day no identifying details are truly known about the person who designed Bitcoin.
However, recently, someone has come forth claiming to be Satoshi Nakamoto, and promises they will reveal their full identity in the coming days. But before the final reveal could happen, the lead developer for the most privacy-centric crypto project in the market is oddly working to expose the person behind the Satoshi Nakamoto reveal – who could potentially be the person who created Bitcoin and in turn sparked the creation of the entire crypto industry.
Monero Dev Exposes Self-Proclaimed Satoshi Nakamoto, Creator of Bitcoin
Over the weekend, a blog post was published from a PR firm representing someone who claims to be the person behind the Satoshi Nakamoto pseudonym and is responsible for creating Bitcoin.
As soon as the blog post was revealed, the entire crypto community took to arms, going through every word in the text with a fine-tooth comb and analyzing every reference to see if there’s any fact or if its pure fiction.
Related Reading | Bitcoin Becomes “Money,” One Satoshi Now More Valuable Than Some National Currencies
The seemingly believable story was met – rightfully – with much criticism and skepticism, and many are working hard to disprove any theories and call attention to any pitfalls in the story. Others are even pointing at the poor “Geocities” quality website as a reason why the story cannot possibly be legitimate, due to the creator of the most powerful financial technology ever clearly being able to afford a better quality website given their ownership of over 980,000 BTC that the self-proclaimed Satoshi says he still holds.
Even the lead dev of Monero, Riccardo Spagni has joined in on the search and whose sleuthing has turned up important information tied to the reveal conspiracy. Spagni has discovered through a public WHOIS domain registration search, that the person who owned the website the self-proclaimed Satoshi claimed to have owned, that the person’s name is Bilal Khalid, and says this person is “not Satoshi Nakamoto.”
XRP Poised for a Massive 100% Rally as Technical Strength Grows
Sunday February 16, 2020
XRP’s massive rally seen earlier this week appears to have simply been a flash in the pan, as the crypto has now retraced back below its key psychological resistance at $0.30, opening the gates...
The post XRP Poised for a Massive 100% Rally as Technical Strength Grows appeared first on 12bitplay - Bitcoin Play.
For those following along at home, here's the public WHOIS info from thebcci<dot>net in 2008. pic.twitter.com/dyVlzdgB2Q
— Riccardo Spagni (@fluffypony) August 18, 2019
Analyst: Bitcoin Currently Severely Overvalued, Not Yet Ready For Moon
Monday February 17, 2020
In less than two months’ time, Bitcoin price has gone from a low of $6,400 to well over $10,000 at the recent high. The sudden surge in Bitcoin price has caused the first-ever cryptocurrency...
The post Analyst: Bitcoin Currently Severely Overvalued, Not Yet Ready For Moon appeared first on 12bitplay - Bitcoin Play.
Spagni connected the dots leading back to Khalid’s real name through the WHOIS data from thebcci.net – the website for Bank of Credit and Commerce International, which the person behind the Satoshi reveal claims is how Bitcoin got its name.
While Khalid or whoever is behind the Satoshi reveal has brought this attention unto themselves, its surprising to see the lead developer behind a crypto project focused on privacy, working so hard to expose the identity of someone – regardless of who they are.
Related Reading | Tools of the Trade: Monero and Privacy Coins Are Creating More Efficient Criminals
Spagni is the lead developer for Monero (XRM), a privacy-focused crypto that’s come under much scrutiny itself as global regulators fear its anonymity and potential for illicit use such as money laundering. But before the pitchforks come out, Spagni’s intentions were noble, and is hoping to prevent the rest of the crypto community and Bitcoin believers from falling victim to what many are calling an elaborate PR stunt, a scam, or worse.
The post Privacy Crypto Dev Attempts to Expose Self-Proclaimed Bitcoin Creator appeared first on NewsBTC.
Bitcoin Is on the Brink of a Far Reaching Selloff if it Breaks $9,600
Friday February 14, 2020
Bitcoin’s wild 2020 rally may currently be over extended, suggesting that the crypto could soon see a notable retrace that leads BTC to erase some of the gains it has posted over the past...
The post Bitcoin Is on the Brink of a Far Reaching Selloff if it Breaks $9,600 appeared first on 12bitplay - Bitcoin Play.