Bitcoin developer Satoshi Nakamoto’s $ 10,760,000,000 Bitcoin (BTC) Stash will never move, says crypto researcher

By June 6, 2020Bitcoin Business
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Patoshi Pattern researcher Sergio Lerner believes Satoshi Nakamoto will never move his $ 10.76 billion worth of 1.1 million Bitcoins.

The Patoshi Pattern exploits three flaws linked to the confidentiality of v.01, which is an early protocol, to identify the blocks which were probably mined by the anonymous creator of Bitcoin. Lerner’s theory maintains that a single miner mined 22,000 of the first Bitcoin blocks. Lerner also says that Satoshi likely operated mines at the time, and that there is “evidence that links the Patoshi models to Satoshi, based on public information sources and the blockchain.”

Based on the trends of the model, Lerner thinks that Satoshi will never move his Bitcoin.

“Assuming Satoshi is Patoshi, I believe, based on past history of Satoshi parts, that Satoshi will never use his parts. Therefore, I think there could not be a fairer and more altruistic way for the birth of Bitcoin. ”

Last month, crypto transfer tracker Whale Alert unleashed an explosion of Satoshi speculation after reporting a large Bitcoin (BTC) transfer from an inactive wallet for more than 11 years.

Analyst Joseph Young said he believed that the person or group behind the transfer probably had close ties to Satoshi Nakamoto.

“It’s just a month later [the] the first bitcoin block has been mined. There are not many people who can do it, maybe relatives of Satoshi. My question is why, not who, is sending 50 BTCs for the first time in over 10 years. “

But Lerner concluded that Bitcoin is not Satoshi’s.

Blockstream CEO Adam Back, who recently denied claiming to be Satoshi, said Express doubts about the Patoshi Pattern but agrees that the BTC is not that of the creator of Bitcoin.

“People need to relax. If Satoshi sold parts, he would surely sell his last extract, and therefore the most anonymous first.

Plus, this research on patoshi is pretty much guessing, it probably has fewer coins than people think, and you wrongly mistaken the first miners. ”

Disclaimer: The opinions expressed in The Daily Hodl are not investment advice. Investors must exercise due diligence before investing in high-risk Bitcoin, cryptocurrency or digital assets. Please note that your transfers and transactions are at your own risk and that any loss you may suffer is your responsibility. The Daily Hodl does not recommend the purchase or sale of cryptocurrencies or digital assets, and The Daily Hodl is not an investment adviser. Please note that The Daily Hodl participates in affiliate marketing.

The Patoshi Pattern exploits three flaws linked to the confidentiality […]

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