The true identity of Satoshi Nakamoto , the creator of Bitcoin , remains a mystery that continues to be debated. Recently, Adam Cochran, a prominent crypto analyst, came up with an interesting theory via a tweet on the X platform (formerly Twitter).
Cochran compiled a chronology of events indicating Hal Finney's involvement in the creation and development of Bitcoin. He suggested that Finney's failing health was a factor behind Nakamoto's decision to withdraw from the project.
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Who Is Hal Finney?
Finney, a key figure in the crypto community , was the first person to receive a Bitcoin transaction from Nakamoto in 2009. Finney also contributed greatly to the development of this cryptocurrency.
According to Cochran, Nakamoto's disappearance in 2010 coincided with Finney's worsening health, and his reappearance coincided with Finney's increased activity in the Bitcoin community. Finney, who was diagnosed with ALS, continued to work on Bitcoin-related projects until his death in 2014.
Cochran's analysis is based on similarities between Finney's health and his role in the Bitcoin project with Satoshi Nakamoto's traces of activity. Cochran stated that ultimately, I think Hal had other minor contributors early on who left the project. However, most of Satoshi's work was done by him.
Cochran also mentioned Finney's last article discussing the mysterious creator of Bitcoin. He said how difficult it was to uncover the identity of someone who had hidden their tracks so well.
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Finney is not Nakamoto
However, Cochran's theory was challenged by Jameson Lopp, co-founder of Bitcoin storage company Casa. Lopp argued that although Finney was a legendary figure, he was no Satoshi Nakamoto.
Lopp highlighted the activities of both individuals on April 18, 2009 to refute Cochran's claims. At that time, Finney took part in a 10-mile race in Santa Barbara which started at 8 am Pacific time and finished 78 minutes later.
Meanwhile, Nakamoto was noted to be active online, participating in email conversations with early Bitcoin developer Mike Hearn, which are time-stamped. Additionally, Nakamoto also verified Bitcoin transactions during the period.
In response to this, Cochran argued that Satoshi frequently sought help and involvement from others, and that all his communications were conducted in the PST time zone. However, some of his emails still use Commonwealth English spellings.
The debate over Nakamoto's identity has been going on for a long time. Some individuals such as Dr. Craig Wright, who is currently facing trial in the UK to substantiate his claim to be the creator of Bitcoin, was once associated with the name.
Until now, the mystery of Satoshi Nakamoto has not been solved.
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Also Read:
Who is Satoshi Nakamoto Really?
Satoshi Nakamoto and the Origins of Bitcoin
What is Bitcoin Dominance (BTCD)?
DISCLAIMER : This article is informational in nature and is not an offer or solicitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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