Blockchain co-inventor, Scott Stornetta talks nigh the origins of the name "Satoshi Nakamoto" and why he isn't him.

The original Bitcoin (BTC) whitepaper references eight works. One of them is a general book on probability, the rest are foundational to the cryptocurrency space. Three of those works were co-authored by Stornetta. In a 1991 paper, "How to time-stamp a digital document", Stornetta and his longtime partner Stuart Haber proposed a decentralized scheme that would allow to certify when a file was created or changed:

"We suggest computationally practical procedures for digital fourth dimension-stamping of such documents so that information technology is infeasible for a user either to back-date or to frontwards-date his certificate."

For blockchain history buffs — the newspaper references piece of work past the hereafter Turing laurels recipient and Algorand (ALGO) founder Silvio Micali.

Many of the principles proposed in this and subsequent papers were later used by Satoshi Nakamoto. However, long earlier Bitcoin, Huber and Stornetta started their ain blockchain network that is considered to be the first of its kind and is however running till this day.

"Satoshi Nakamoto"

As a recent catechumen to The Church building of Jesus Christ of Latter-twenty-four hour period Saints, Stornetta went as a missionary to Japan, which allowed him to get fluent in Japanese and subsequently afforded him a job equally a patent translator.

Discussing possible interpretations of the name "Satoshi Nakamoto," Stornetta said:

"You tin purchase an entire lexicon that is just nearly a Japanese name. And so Satoshi could have twenty different kanji that dorsum information technology up. But I am just naturally inclined to think that 'satoru' is a Japanese word 'to know,' 'to be wise'."

On the other mitt, the terminal name "Nakamoto" is a very mutual Japanese name, only "like Smith or Johnson." Withal, if one was to break it downwardly into kanjis, so one possible estimation would be:

"'Naka,' merely obviously means the center of, 'moto' is the origin of."

Similar interpretations gave rise to a conspirological thought that Bitcoin was created by the Central Intelligence Bureau.

On why he is not Satoshi

Although his piece of work and Japanese fluency make Stornetta a perfect Satoshi candidate, he has always unequivocally denied information technology. Furthermore, he put forward an ideological argument as to why he is not Satoshi:

"And so a good deal of our focus went into the ability to perpetually renew the integrity of the tape over time and so that the records will last for decades if not centuries, and we'll survive breakthrough resistant computing and all of those things. And that's something that Satoshi gave no attention to any."

Although he says that he does not know the identity of Satoshi Nakamoto, he ruled out Craig Wright:

"I do non think information technology's Craig Wright, let'southward put it that way."

Stornetta believes that we should try to understand Satoshi'south vision for Bitcoin in order to understand how to move forwards. Likewise, he is of the opinion that Bitcoin is rather fine art, than scientific discipline:

"I am of the camp that believes that what was done with Bitcoin was surely a piece of work of genius. But it's more than like a work of art, a work of engineering fine art that opens the door to a number of possibilities only is in no sense the final or best solution that can be built."

Although Stornetta may not exist Satoshi Nakamoto, his work was foundational to Bitcoin and the entire cryptocurrency field.