LEADING SCIENTIST AND ACADEMIC DR CRAIG WRIGHT GOES PUBLIC AS THE INVENTOR OF BITCOIN AND THE BLOCKCHAIN
LONDON 8AM. After years of speculation, Dr Craig Wright, an Australian computer scientist, inventor and academic has today (Monday May 2nd 2016) gone public as the man who developed and launched Bitcoin, the pioneering electronic cryptocurrency, and the Blockchain, its revolutionary digital infrastructure. Wright had used the pseudonym Satoshi Nakamoto as a way to protect his own identity and on this historic day, he puts the Nakamoto myth to rest.
Dr Wright has digitally signed messages and discussed the technology with early core developers who he had handed management of the software to. He has digitally signed messages using addresses from Blocks 1-9 including using the only keys definitively known to be associated with the Satoshi pseudonym, that used to send Bitcoin to Hal Finney, one of its earliest pioneers and its first identified developer after Satoshi Nakamoto, in 2009.
Wright’s decision to go public follows a series of misleading statements that are circulating and which he seeks to set straight and in doing so will allow him to further develop his society changing work and research. His mission is to educate the world about the science and economics behind his inventions and show the remarkable potential bitcoin and the blockchain have.
Wright has also launched a blog, with a vision to create a forum about bitcoin, which dispels myths and helps to unleash its full potential. He will create a space to provide developers and producers with the real facts about the technology so as to encourage the widespread use of bitcoin and the blockchain.
Dr Craig Wright said, “I firmly believe that Bitcoin and the blockchain can change the world for the better. I didn’t take the decision lightly to make my identity public and I want to be clear that I’m doing this because I care so passionately about my work and also to dispel any negative myths and fears about bitcoin and the Blockchain. I cannot allow the misinformation that has been spread to impact the future of Bitcoin and the Blockchain. I’m now able to build on what I have previously completed by releasing my research and academic work and help people understand just how powerful this can really be.”
Industry expert and one of the founding directors of the Bitcoin Foundation, Jon Matonis, commenting on the evidence presented to him confirming Dr Wright’s identity, said, “My relationship with the individual known as Satoshi Nakamoto started in early March 2010 when I received an email from Satoshi pointing me to the published Bitcoin white paper and encouraging me to investigate the system and to begin promoting the network by transacting and mining. At the time, I managed a digital currency blog and this was an email relationship with some brief correspondence.
Then, on June 4th 2015 during a conference, I arranged to meet fellow Bitcoin advocate, Craig Steven Wright, for a cup of coffee at the top floor of the AMP headquarters building in Sydney, Australia. After discussing many technical and economic aspects of the current Bitcoin protocol debates, I returned to my hotel room after an exhausting day. I remember saying to my wife that I had this weird feeling of having just met Satoshi. Of course, I continued the dialogue with Craig in the months after returning from Sydney and leading up to a private proof session in late March 2016.
The reality of an extraordinary event is rarely what you imagine and I am now pleased to know the creator of the Bitcoin protocol and the author of the Bitcoin white paper, Craig Steven Wright. Bitcoin in itself is a brilliant accomplishment. Dr Wright’s substantial academic works merit further attention. I believe that the scale of his achievement, especially the original design of chaining blocks to achieve Nakamoto consensus, has far-reaching implications for our world beyond just a single vertical industry.
During the London proof sessions, I had the opportunity to review the relevant data along three distinct lines: cryptographic, social, and technical. Based on what I witnessed, it is my firm belief that Craig Steven Wright satisfies all three categories. For cryptographic proof in my presence, Craig signed and verified a message using the private key from block #1 newly- generated coins and from block #9 newly-generated coins (the first transaction to Hal Finney). The social evidence, including his unique personality, early emails that I received, and early drafts of the Bitcoin white paper, points to Craig as the creator. I also received satisfactory explanations to my questions about registering the bitcoin.org domain and the various time-of- day postings to the BitcoinTalk forum. Additionally, Craig’s technical working knowledge of public key cryptography, Bitcoin’s addressing system, and proof-of-work consensus in a distributed peer-to-peer environment is very strong.
According to me, the proof is conclusive and I have no doubt that Craig Steven Wright is the person behind the Bitcoin technology, Nakamoto consensus, and the Satoshi Nakamoto name.”