Satoshi Nakamoto’s identity will be revealed, HBO claims in a new document

According to the American television network HBO, the pseudonymous creator of Bitcoin, Satoshi Nakamoto, may not be a mystery for much longer.

The alleged discovery could have an impact on Bitcoin (BTC), as anonymity has played a strategic role in maintaining the cryptocurrency's decentralized nature.

Satoshi Nakamoto Uncovered, says HBO.

In a post on X on Thursday, HBO said it will launch a documentary to reveal the identity of phony Bitcoin creator Satoshi Nakamoto. Based on the trailer, The documentary features influential individuals in the Bitcoin playing field.

Among them is Adam Back, the creator of the blockchain hashing algorithm used in some cryptocurrency mining software. Roger Ver, who later moved to Bitcoin Cash, also features With Samson Mou and Filip Karadorčević, an independent Serbian prince and famous Bitcoiner.

Bitcoin in 2010 Since its creation in 2009 as the first decentralized cryptocurrency, Satoshi's identity has been a mystery. The revelation makes it the world's largest BTC reserve, controlling 1.1 million bitcoins.

If Satoshi Nakamoto still holds the cryptographic keys to his Bitcoin fortune, his net worth would be approximately $67.5 billion based on current prices. According to data from BeInCrypto, Bitcoin is trading at $61,353 at the time of writing.

Read more: Who will have the most Bitcoins in 2024?

Crypto enthusiasts widely believe that Satoshi Nakamoto has no control over the Bitcoin code, the network protocol, or its actions. Despite ongoing chatter, the curiosity surrounding Nakamoto's influence is largely considered irrelevant.

Recently, several high-value wallets dating back to the Satoshi era since 2009 have become active for the first time. Although these wallets are not officially affiliated with Nakamoto, they may be early collaborators.

Many of Satoshi Nakamoto's theories will soon be discredited

There are several theories as to who Satoshi Nakamoto was. Some of the more popular guesses over the years include the following.

Nick Szabo – Computer scientist and cryptographer. Hal Finney – Cryptographic pioneer and the first person to receive a Bitcoin transaction from Satoshi Nakamoto. Dorian Nakamoto – He was no longer involved after an article was discovered in 2024. Craig Wright – An Australian computer scientist claiming to be Satoshi has cryptographic evidence to support his claim. There are theories that state that Satoshi is not a single person – a group of individuals.

However, the presiding judge of the United Kingdom, Mr. Justice Mellor, ruled that Craig Wright was not the creator of the Bitcoin pseudonym, and dispelled that theory. The ruling comes after the Crypto Open Patent Alliance (COPA), a consortium of cryptocurrency companies, filed a lawsuit against Wright.

Copa Wright aims to avoid claiming that it invented Bitcoin. In particular, the defendant is using his foreclosure to expand his influence in the crypto sector.

“Wright is not the author of the Bitcoin white paper. In the year He is not the person who adopted or worked under the name Satoshi Nakamoto between 2008 and 2011… he is not the person who created the Bitcoin system… and he is not the author of the first versions of the Bitcoin software. he said.

A UK court ruling in March 2024, the search for Satoshi Nakamoto continues, and now HBO says it has all the answers. Social media is already abuzz following the announcement with discussions and concerns among crypto market participants.

Read more: Anonymity vs. Pseudonyms: Understanding the Key Differences.

For some, the reason his supposed identity has not been revealed will be puzzling as the entire series is about to unravel. This hypothesis is based on the assumption that it is almost impossible to keep this amount of news on the air.

Other concerns include how authorities claim Satoshi Nakamoto's complicity in crimes involving the use of Bitcoin. The FBI is also said to have information on Nakamoto, which will further heat up discussions on the matter.