Why Craig Wright Is Not Satoshi Nakamoto

By May 2, 2016Bitcoin Business

The news caused huge waves across the community , as people started taking sides on the question: some have believed that the evidence provided by Wright was substantial enough. Additionally, the claim was made stronger by Gavin Andersen, one of the core Bitcoin developers, who commented: “I was flown to London to meet Dr. Wright a couple of weeks ago, after an initial email conversation convinced me that there was a very good chance he was the same person I’d communicated with in 2010 and early 2011. After spending time with him I am convinced beyond a reasonable doubt: Craig Wright is Satoshi.” However, others, Cointelegraph’s Andrew Quenston included, have provided evidence to support the contrary point of view, that Wright is not Satoshi.

Today, Cointelegraph has decided to reduce speculation to the minimum and take a look at hard facts. We have thoroughly analyzed the evidence which, as Wright alleges, proves him to be Satoshi, and here are the results of that analysis:

1. Craig took the number 9 block from Bitcoin blockchain , which was mined on January 9, 2009.

2. Then he extracted the coinbase transaction, i.e. the mining transaction which created 50 new bitcoins to the address

12cbQLTFMXRnSzktFkuoG3eHoMeFtpTu3S

The hash of that transaction is –

0437cd7f8525ceed2324359c2d0ba26006d92d856a9c20fa0241106ee5a597c9

Here is a link to it .3. That transaction was sent to the following address:12cbQLTFMXRnSzktFkuoG3eHoMeFtpTu3S which corresponds to the following public key:0411db93e1dcdb8a016b49840f8c53bc1eb68a382e97b1482ecad7b148a6909a5cb2e0eaddfb84ccf9744464f82e160bfa9b8b64f9d4c03f999b8643f656b412a35. Now let’s find any single case of use of that private key. Obviously, that would be any transaction which spends the outputs of the wallet starting with 12cb…4. Thus we have the public key starting with 0411.. which has to have a specific corresponding private key. The latter should only be known by the owner of that wallet – namely, Satoshi, because it’s one of the very first wallets in the Bitcoin network. Check […]

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