Bitcoin creator reveals identity

Bitcoin creator reveals identity

Tech May 2, 2016 08:56

- Australian businessman Craig Wright has admitted being the inventor of the digital currency bitcoin. Wright has technical evidence for the claim and other developers of the technology behind bitcoin have confirmed the news.

Bitcoin was launched in 2009 and since then, users and interested parties looked for the man who called himself the Internet Satoshi Nakamoto. Wright was already appointed in December 2015 as the inventor of Bitcoin by Wired magazine and tech blog Gizmodo.

The exchange uses a technology called 'block chain, where all transactions are verified by other users and stored in a large public ledger. Wright provided evidence by the BBC to encrypt messages with exactly the same encryption key as well as during the early days of Bitcoin in 2009.

Shortly after Wired and Gizmodo Wright as 'the real Satoshi 'aanwezen, did the Australian tax office (ATO) raided his house. According to the ATO that had nothing to do with bitcoin, but with another investigation into Wright's tax returns. The bitcoinbedenker has indicated to cooperate fully with the service.

The reason for the revelation that Wright does not want other people being chased for something he did. 'There are a lot of stories that are simply made up and I do not want to harm people I care about,' said the businessman. 'I did not do this because I wanted this. I do not want the 'face' of something. I just want to work, I want to do what I've always done. I do not want money, I do not want fame, I do not worship. I want everyone to leave me alone. '

According to estimates released 'Satoshi' a million bitcoin. Translated using the current rate of exchange is approximately $ 450 million (€ 393 million) worth.

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