paint-brush
Is Satoshi Nakamoto Back?by@alfredodecandia
1,761 reads
1,761 reads

Is Satoshi Nakamoto Back?

by Alfredo de CandiaJanuary 21st, 2022
Read on Terminal Reader
Read this story w/o Javascript
tldt arrow

Too Long; Didn't Read

Satoshi Nakamoto announced his NFTs on December 24, 2021, at 12:28 on December 26, 2021. He used the account he used to announce the Bitcoin project on 11 February 2009 at 22:27, released the following message: “After 13 years of evolving decentralized payment systems, we have now reached where we are, the era of NFT’s. You can find my post here:... "Unequivocal message in which we learn about the progress of decentralized digital payments, exploiting blockchain technology, and we observe how we are now in a new era."

People Mentioned

Mention Thumbnail

Company Mentioned

Mention Thumbnail

Coin Mentioned

Mention Thumbnail
featured image - Is Satoshi Nakamoto Back?
Alfredo de Candia HackerNoon profile picture


While the whole world was preparing to celebrate last Christmas, at 12:28 on December 24, 2021, Satoshi Nakamoto, or rather his account, announced his NFTs:


Satoshi Nakamoto NFT

Satoshi Nakamoto post on 2009


Satoshi Nakamoto's account, the account he used to announce the Bitcoin project on 11 February 2009 at 22:27, released the following message:

"After 13 years of evolving decentralized payment systems, we have now reached where we are, the era of NFTs. You can find my NFTs for this post here: ... "

Unequivocal message in which we learn about the progress of decentralized digital payments, exploiting blockchain technology, and we observe how we are now in a new era, namely those of NFTs.

We can also see how Satoshi Nakamoto created the NFTs of his posts and transformed them into NFTs using the OpenSea platform, where they were listed for sale at over 67 ETH each:


Satoshi Nakamoto NFT


As can be seen from the image, there are 3 NFTs in total, and they are:


  • The NFT of the post of the platform where the related message dating back to 11 February 2009 was published
  • The Bitcoin whitepaper
  • The output of the message recorded within the first block, the genesis block


Regarding the sale of these NFTs, Satoshi Nakamoto has preferred to start with an auction system and set the minimum and starting price at over 200 thousand dollars, about 67 ETH, although at the moment, there are no offers made for any of the NFTs at the time of writing the article.


The tokens are of the ERC-1155 standard, and only one of the 3 has frozen metadata, i.e., that they were written in the blockchain on 19 December 2021 at 17:14, while the other two NFTs, that of the whitepaper and the genesis block, do not have this particularity.


Has Satoshi Nakamoto Come Back and Turned to NFTs?


Although that message may come from the owner account of Satoshi Nakamoto, it is certainly probable that the relative account was forced by someone and has recovered the login credentials of the relative account, which also happened with his main e-mail address, and therefore this account may have had the same fate as well.


Another detail to keep in mind, in this case, is the fact that he is selling NFTs, not at a low but quite high amount, over 200 thousand dollars, thus suggesting that he needs money, which is quite strange if we consider that he has mined several blocks, to make him one of the richest people in the world, so if he wanted to make NFTs, he certainly would not have sold them at significant figures and considering the open spirit of the same he would certainly have given him away.


So having learned all this, we can say with reasonable certainty that some mythomaniac managed to recover the access credentials to the platform and wanted to immortalize it by creating NFTs and exploiting the reputation of the most famous and unknown character in the blockchain landscape. i.e., Satoshi Nakamoto.


Finally, I wrote a previous article on the possible identity of Satoshi Nakamoto, and I leave you with the video (for Italian readers) in which the story is explained in detail by me: