Satoshi Nakamoto, the creator of the genesis version of bitcoin, publishes a ciphered text over a website indicating a book is in the making. As Bloomberg states, Satoshi Nakamoto has left the wanderers with a maze to delve into which can eventually land one to the title of the two series of the books. Part out of the excerpt reads,
first excerpt to a literary work consisting of two parts.
Nakamoto accompanied the cryptic message with a puzzle for the very purpose. The instructions for the puzzle were there for the wise to solve, too, which the Bloomberg intellectuals have scratched out to be “honne and tatamae,” or “tatemae”, a Japanese term associated with sketching “the contrast between a person’s true feelings and desires” besides “the behavior and opinions one displays in public.”
The website has been placed over the web with a title, “Nakamoto Family Foundation”, for which there has even been some speculations as to whether the source is genuine or a mere fake for one cannot even pick out the real one either. Though many have covered this outburst of a news, a thorough analysis of key points of the excerpt is yet to be jotted down. The discourse dates back to 2008, as Satoshi Nakamoto coined the bitcoin.
Nakamoto has always been a name that has headlined major cryptocurrency news and has been hailed as the creator of bitcoin as it popped out of the blue in 2008, the first of its kind. The figure, Nakamoto, though has always been held the supreme of the cryptocurrency behind a curtain of disguise. Crypto-enthusiasts reckon several theories, the likes of which circle around describing Satoshi Nakamoto as a man, a woman or even a group of people. Now that passages from the, supposedly, lengthy piece of writing have been published by Bloomberg, it turns out Satoshi Nakamoto is not a real name rather a false identity to be named as. The Bloomberg analysts still debate over whether Nakamoto is a group of pioneers of bitcoin, the passages claim Nakamoto to be a member of the cyberpunk movement that eventually ended up with him devising his own virtual currency, at the age of 14.
The principles for bitcoin originated from the cypherpunks, a community I naturally gravitated to as a fourteen year old.
Albeit, the discussion is still not ruled out whether Nakamoto is a collection of people, the use of the pronoun “I” refers to Nakamoto being a single person though having another identity though the excerpt describe the author to stay silent over the matter.
The website further provides no guarantee over the book seeing the face of the day. It states the book is destined to be published but that solely depends over the thirst of the crypto-enthusiasts to embrace the facts. Nakamoto vows to thrust the some major personalities into the limelight but keeping to those who intend to acquire the public stage.
There’s no guarantee the book will ever come to be, unless it becomes necessary and people want to know about me personally.
Nakamoto has included the excerpt from the book as a mere piece of “spoilers” to the book, to give readers a taste of what is to come.
The passages, Bloomberg published, are a gold reservoir for the crypto-analysts and the fans of the tech behind the cryptocurrency as Nakamoto unveils, in 2009, a person named Mike Hearn, who inquired about the system being linked to single deciding network to which Nakamoto educated the person about the blockchain technology, annunciating further how the entire system emanates sub-networks which are of course, the constituents of the central system.
Nakamoto has compared the cryptocurrency system with the regular one ensuring security speed and a secure path between the dealers. He states that the entire concrete monetary system would one day be well-replaced by the cryptocurrency system.
Bitcoin is able to supplant centralized networks in various ways.
The author of the excerpt, as we cannot regard Nakamoto with a pronoun as that would solidify his identity as a single person or a group, does not seems impressed at all with the recent advancements in the digital world. Nakamoto compares the development in the tech-world with that of the previous era stating that the Moore’s law had failed to set right which has eventually taken a toll over his work with the cryptocurrency. Nakamoto claims he had high hopes with the processors of today to boast an incredible speed to process but that has not been the case lately.
I learned then to not speculate about the future. Because you usually get it wrong.
Japan Times has mentioned the pioneers of the bitcoin, Nakamoto has shed light over, acting as the lead research team over the bitcoin coded framework including the names like, Adam Back, Wei Dai, David Chaum and Hal Finney. The author celebrate Hal Finney the most as he stayed when the author could just still a dim fading light at the far end of the tunnel. The humble origins of bitcoin did not gain as much fame as it bears as of late, but according to Bloomberg, Finney, who bid us all farewell in August 2014, was the one loyal with the notion of introducing a virtual currency out to the world.
The original or “genesis” part of the blockchain was a sheer work of the author himself besides Finney’s assistance. The author has nothing but praise for Hal Finney as he was of the liberated view that computers are invented to aid people, not to play them as chess pieces. Nakamoto after a prolonged version of his “spoilers” books up his seemingly intuitive conversation with yet another play with the words.
And with that, is where this magical story into the history of what once was, concludes.