The debate about who created Bitcoin is heating up again, especially with a new HBO documentary on the way. This documentary is set to explore the identity of Satoshi Nakamoto, the mysterious figure behind Bitcoin, and fans of cryptocurrency are buzzing with excitement.
Two Main Theories
Recently, 10x Research released a report that looks closely at two leading theories about Satoshi’s identity. The first theory suggests that Nick Szabo, a well-known cryptographer, could be the man behind the curtain. The second theory raises the possibility that the U.S. National Security Agency (NSA) might have played a part in creating Bitcoin.
Who is Nick Szabo?
Nick Szabo is an important figure in the world of cryptocurrency. He developed the concept of “smart contracts” back in the 1990s and also proposed something called “Bit Gold,” which is seen as a precursor to Bitcoin. His ideas about decentralization and cryptography laid the groundwork for Bitcoin’s creation.
10x Research points out that Szabo’s earlier work has a lot in common with Bitcoin’s design. For example, his Bit Gold used cryptographic puzzles and public verification methods—elements that are also key parts of Bitcoin. Although Szabo has denied being Satoshi, some people believe that his writing style and ideas match those found in Bitcoin’s original white paper written by Nakamoto in 2008.
Recently, the betting odds have shifted in favor of Szabo being identified as Satoshi in HBO’s upcoming documentary titled “Money Electric: The Bitcoin Mystery.” Initially, another cryptographer named Len Sassaman was considered a top contender, but after the documentary’s producer hinted at having spoken to Satoshi, Sassaman’s odds dropped significantly. Sassaman passed away in 2011, making it impossible for him to be the creator.
Could the NSA be Involved?
The 10x Research report also suggests that the NSA might have connections to Bitcoin’s origins. The agency is known for its expertise in cryptography, and a paper they published in 1996 called “How to Make a Mint: The Cryptography of Anonymous Electronic Cash” outlines ideas that align closely with Bitcoin’s framework.
In 2001, an NSA cryptographer named Glenn Lilly filed a patent for a method related to one-way cryptographic hashing, a key technology used in Bitcoin. This patent is held by the NSA, which raises questions about whether the agency had any influence on Bitcoin’s creation. Interestingly, this patent is now available royalty-free, meaning anyone can use it without paying fees.
What Will the HBO Documentary Reveal?
As the anticipation for the HBO documentary builds, many wonder whether it will finally answer the question of Satoshi Nakamoto’s identity. Markus Thielen, founder of 10x Research, believes the documentary might not provide conclusive evidence. He thinks that the real Satoshi might need to come forward and make a statement, especially if they plan to sell the Bitcoin they hold.
While some might be eager to believe what HBO presents, the true identity of Bitcoin’s creator remains a mystery. The documentary could add more questions than answers, leaving many intrigued about who Satoshi Nakamoto really is.
The upcoming HBO documentary has sparked renewed interest in the mystery of Bitcoin’s creator. Will it confirm Nick Szabo as Satoshi Nakamoto, or will it point to the NSA’s involvement? The answers are still unknown, but one thing is for sure: the quest to uncover the truth behind Bitcoin continues to captivate the world. As the documentary approaches, the excitement grows, and everyone is eager to see what secrets it might unveil.
