Controversy is surrounding claims by Newsweek to have found the creator of the Bitcoin virtual currency.
It was assumed that the name behind Bitcoin, Satoshi Nakamoto, was a pseudonym for the group of coders who developed the system.
Now Newsweek claims Dorian S Nakamoto, a 64-year-old model train enthusiast who lives on the outskirts of Los Angeles, is the creator.
However, he denied his involvement in an interview with the Associated Press.
Mr Nakamoto said he hadn't heard of the cryptocurrency until his son told him about it after being contacted by a reporter.
In the article, Newsweek reporter Leah Goodman said she tracked Mr Nakamoto down by seeking public records for US citizens bearing that name. She then investigated people whose background, education and employment history showed they might be capable of creating the crypto-currency.
Ms Goodman's enquiries focussed on one candidate in particular who seemed to have the right profile and whose involvement was hinted at by other Bitcoin developers.
Further evidence, she said, arose when talking to his family members revealed his obsession with privacy, his political leanings and his facility with maths.
The evidence led Ms Goodman to confront Mr Nakamoto at his home where she asked if he was the creator of Bitcoin.
Many Bitcoin commentators on social networks have expressed scepticism about the find saying the evidence Ms Goodman gathered was not c.
Watch Bitcoin Crosses 100000 Rs, Bitcoin History, Bitcoin 1st Use & Future of Bitcoin With HD Quality
Technology video | 2054 views
Controversy is surrounding claims by Newsweek to have found the creator of the Bitcoin virtual currency.
It was assumed that the name behind Bitcoin, Satoshi Nakamoto, was a pseudonym for the group of coders who developed the system.
Now Newsweek claims Dorian S Nakamoto, a 64-year-old model train enthusiast who lives on the outskirts of Los Angeles, is the creator.
However, he denied his involvement in an interview with the Associated Press.
Mr Nakamoto said he hadn't heard of the cryptocurrency until his son told him about it after being contacted by a reporter.
In the article, Newsweek reporter Leah Goodman said she tracked Mr Nakamoto down by seeking public records for US citizens bearing that name. She then investigated people whose background, education and employment history showed they might be capable of creating the crypto-currency.
Ms Goodman's enquiries focussed on one candidate in particular who seemed to have the right profile and whose involvement was hinted at by other Bitcoin developers.
Further evidence, she said, arose when talking to his family members revealed his obsession with privacy, his political leanings and his facility with maths.
The evidence led Ms Goodman to confront Mr Nakamoto at his home where she asked if he was the creator of Bitcoin.
Many Bitcoin commentators on social networks have expressed scepticism about the find saying the evidence Ms Goodman gathered was not c
News video | 304 views
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Ownership of Crypto in feud
Today bitcoin is worth more than $1 trillion and has sparked a phenomenon that, its proponents believe, might rewire the entire global financial network. For most people, Satoshi Nakamoto is the most enigmatic character in cryptocurrency. To date, it is unclear if the name refers to a single person or a group of people. A computer scientist who claims to be bitcoin's inventor came out on top Monday in a civil trial against a deceased former business partner's family, which alleged it owed half of a bitcoin fortune worth more than $50 billion. Now, a million-dollar question is what will happen to the Lawsuit over a $64 billion cache that looks beyond the pseudonym to solve the mystery of who created the cryptocurrency. According to Ira Kleiman, brother of David Kleiman—he was Wright’s partner in writing the Bitcoin white paper under the Satoshi Nakamoto pseudonym and business partner in mining 1.1 million Bitcoins now worth about $65 billion. Kleiman worked at a number of high-tech companies including S-doc where he served as a Chief Information Security Officer. He was also a contributor to cryptography and security mailing lists, where he actively participated in discussions including technical aspects of cryptosystems and the politics of cryptography. He died at the age of 46 in 2013 after a 1995 motorcycle accident, and was in a hospital for almost 850 days from September 24, 2010, to March 21, 2013. The recent verdict means Craig Wright will get to keep all of the 1.1 million bitcoins that were in dispute in the trial.
The use of cryptocurrency and non-cash payments has exploded across the globe during the pandemic as people's lives shifted online. The family of David Kleiman claimed that Wright and Kleiman created bitcoin together. While it is clear that Kleiman is not the co-founder of Bitcoin, now the cryptocurrency community is looking to see if Wri
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Hello friends i show you in this video some important news and update about crypto currency and blockchain technology from all over world- Galaxy Digital, Mike Novogratz, bitcoin prediction, Coinsquare, G20 Meeting, 120,000 Bitcoin Hacked.
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