What is Satoshi?
Satoshi is a representation of one hundred millionths of a bitcoin. These denominations make it easier to do handle bitcoin transactions. One bitcoin can be divided into one hundred million units. A Satoshi represents each of those units.
So 1 BTC = 100,000,000 Satoshi
Who Is Satoshi Nakamoto?
It is the name that the creators of Bitcoin came up with. Supposedly, Satoshi was born in Japan in April of 1975.
Go to the P2P Foundation profile page. He claimed to be a man living out his years in Japan. The true speculation of who Satoshi is and where he lives is, to this date, unknown. A lot fo his identity has come from cryptographers and computer science experts.
In 2008 and 2009, he published his first two books on cryptocurrency and Bitcoin software. Though the software programs and papers have been highly regarded, there is still very little knowledge of who the real Satoshi is, or if he exists.
Over the years there has been debate over who could be the real Satoshi. There is very little information on him, except for him being a 40-year old man living in Japan. Some speculate that his origins might not be connected to Japan because of his use of perfect English.
Four Possibilities of Who the Real Satoshi Might Be In Ranking Order of Likelihood
1) Nick Szabo is the first person on the list. He is a decentralized currency enthusiast. He has published numbers papers on Bitcoin. He has also used pseudonyms in the past, or at least, he has been interested in using them. In 2011, he admitted to being one of the creators in a paper, alongside two others, one of them being on this list.
In 2014, Szabo denied that fact. He admitted he was a creator, but not Satoshi himself. To date, no one can conclude officially that Szabo is Satoshi.
2) Then there is Dorian Nakamoto, a man living in California, with the birth name of Satoshi Nakamoto. It is the last name that led to much speculation. He admitted to being one of the creators but admitted he did not have a say in it anymore, at least, that is what he told the press. Outside of the last name, there has been no official confirmation that Dorian is Satoshi.
3) Hal Finney is the third person in question. He died back in 2014. He is a pre-Bitcoin cryptographer and he, like Satoshi, was the first person to get involved with and use the software. Many speculate that he was a ghostwriter who hid in the shadows. He also might have used Dorian’s name as a way to increase interest and speculation. Nothing has been proven otherwise.
4) There is Craig Steven Wright, an Australian Academic. He alleged that he also invested Bitcoin. However, the story of him wanting the attention badly enough to create a “hoax” is more likely.
There have been other speculations, including that of Elon Musk. Elon has since denied it and the real identity has yet to be proven.