Another Self-Proclaimed Satoshi Appears in the High Profile Bitcoin Lawsuit

A new filing has been submitted to the ongoing Kleiman v. Wright case stemming from a man who claims to be Satoshi Nakamoto. The man, named Debo Jurgen Etienne Guido, has sent handwritten testimony to the Southern District of Florida courthouse asserting that he is the “genuine and only originator/creator” of the genesis block that … Read more

South African Payment Gateway Drops BTC Over Fees and Network Congestion

On July 12, South African payment gateway service Payfast announced the company is dropping bitcoin core (BTC) payments due to network congestion and high fees. Payfast emphasized that BTC has a number of limitations and design flaws which makes it an “impractical substitute for cash.” Also read: G20 Leaders Issue Declaration on Crypto Assets – … Read more

Bitcoin Payments Are Being Bulldozed for Political Reasons

Bitcoin Core wants to distance itself politically from the former project leader Gavin Andresen, the payment protocol BIP070 he was involved with, and from the BCH-friendly Bitpay payment processor company. The attempts to remove software associated with Gavin Andresen are now having real-world effects on the security of bitcoin payments. Also read: How to Prove … Read more

This ‘Faketoshi’ Signature Tool Lets Anyone Become Satoshi Nakamoto

Over the years, it’s become popular to claim that you are Satoshi Nakamoto even if you lack a shred of evidence. Although some individuals have tried really hard to prove it, they have always failed to convince the greater community. For instance, a few self-proclaimed inventors of Bitcoin have attempted to generate a signature with … Read more

Another ‘Satoshi’ Steps Out of the Woodwork, Calls Craig Wright a Liar

On Feb. 8, the chief executive of Nchain, Craig Wright, wrote a blog post that purportedly described his experience of creating Bitcoin. Wright’s essay states “I was Satoshi” but throughout the story, he refuses to reveal his keys. It’s not the first time Wright has claimed to be Satoshi, but in the comment section of … Read more

Chatter Report: Antonopoulos on Rolling Checkpoints, Vays Defends Song’s Stance on Credit Cards

In today’s roundup of crypto chatter, Andreas Antonopoulos explains rolling checkpoints and how consensus is achieved between miners, developers, exchanges, merchants, and wallets. Chris DeRose believes new Bitcoin pundits are toxic compared to the old ones. Also, Tone Vays defends Jimmy Song’s position on using credit cards over bitcoin.   Also read: Hash Wars: A Successful BCH … Read more

Many Self-Proclaimed Bitcoin Inventors and Satoshi Clues Were Debunked in 2018

It’s been almost a decade since the inception of Bitcoin, a technology created by the infamous and anonymous Satoshi Nakamoto. Over the years, many people have been hunting for Bitcoin’s inventor and Satoshi sightings have increased a great deal since 2016. During the course of 2018 there were numerous so-called Satoshi sightings and a couple of … Read more

Bitcoin Distribution Process Was ‘Fairest’ Possible System, Study Claims

Dan Held, co-founder of Interchange, published a summary on Thursday about the perceived fairness of Satoshi Nakamoto’s initial distribution of bitcoins. The director of the institutional-grade cryptocurrency portfolio management service argues that the Bitcoin protocol’s earliest cryptocurrency distribution processes remain the most honest and equitable to date, particularly in comparison with the methods favored by … Read more