New Evidence Casts Doubt on Hal Finney as Satoshi Nakamoto
Fresh evidence challenges the popular theory that Hal Finney was the mysterious Bitcoin creator, Satoshi Nakamoto.
Tue, 24 Oct 2023, 10:20 am UTC
Fresh findings are raising eyebrows in the cryptocurrency community, casting doubt on the theory that the late computer scientist Hal Finney was the face behind the pseudonymous Bitcoin creator, Satoshi Nakamoto. Finney, renowned in the crypto world, made his mark early on by being among the first to engage with Bitcoin, both by running its software and receiving the cryptocurrency.
Contrary to popular belief that Finney might be Nakamoto, recent evidence presented by Jameson Lopp, co-founder of Bitcoin protection company Casa and an avid crypto enthusiast, challenges this narrative. On October 21, Lopp divulged this data, suggesting that the timelines of both individuals' activities don't align.
Central to Lopp's revelation is an athletic event in Santa Barbara, California, on April 18, 2009. Records indicate that Finney participated in the "Santa Barbara Running Company Chardonnay 10 Miler & 5K," kicking off at 8:00 am Pacific Standard Time. He completed the run in a commendable 78 minutes.
What makes this timing crucial? While Finney was clocking miles, archived emails, previously disclosed by early Bitcoin developer Mike Hearn, show active exchanges between Hearn and Nakamoto. The correspondence reveals Nakamoto transacting Bitcoin during the race's duration. Specifically, Nakamoto sent a notable 32.5 BTC transaction, confirmed by on-chain data from block 11,408, executed 55 minutes into the race at 8:55 am PST.
Furthermore, Nakamoto acknowledged this transaction and another separate 50 BTC transaction in a communication timestamped 6:16 pm, a period that, according to Lopp's insights, was still within the timeframe of Finney's physical activity.
While theories and mysteries surrounding the real identity of Satoshi Nakamoto remain, Lopp's evidence highlights that the paths of Finney and Nakamoto likely didn't cross as closely as once believed.
Though the enigma continues, this revelation offers a clearer perspective, leaving the cryptocurrency community intrigued yet again about the origins of Bitcoin.
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