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Craig Wright 'proves' he is Bitcoin creator Satoshi Nakamoto

posted onMay 2, 2016
by l33tdawg

Australian entrepreneur Craig Wright on Monday revealed himself as the creator of the virtual Bitcoin currency to media outlets the BBC, The Economist and GQ magazine.

After years of speculation on the identity of the crypto-currency's founder, Wright presented proof that only the true creator of Bitcoin could have provided, the BBC said.

He digitally signed messages using encryption keys that were created in the days following Bitcoin's 2009 launch. These keys had to be created by Satoshi Nakamoto, the pseudonym used at the time by the currency's creator, the broadcaster said. Bitcoin is a virtual currency that is created from computer code. Unlike a real-world currency such as the US dollar or the euro, it has no central bank and is not backed by any government.

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