May 18, 2019 09:52 UTC
May 18, 2019 at 09:52 UTC
Blockstream’s Adam Back Thinks Nakamoto Is A Single Person, Not A Group of People
One of the most enduring mysteries of the crypto scene seems to be the identity of Satoshi Nakamoto, the anonymous founder of Bitcoin. Many people, including the highly controversial character Craig Wright, have claimed to be the actual Nakamoto and the crypto world has frequently found itself embroiled in yet another conversation about who Satoshi Nakamoto may actually be. Recently, in an interview on the sidelines of crypto-blockchain event Consensus, Adam Back, the CEO of Blockstream, added his own pence to the discourse, saying that Satoshi Nakamoto was possibly a single individual, and not a group of people or an entity like many people suggest.
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Adam Back made this assumption and the claim based on the fact that there were very clearly discernible coherence and continuity of writing and coding style in the original Bitcoin white paper, suggesting that a single person had come up with it. He backed this view up by pointing out another crucial fact about the original version of Bitcoin. He commented:
“The original (Bitcoin) version is implemented on Windows, which is also kind of atypical. Most of the applied crypto and networking programmers or consultants tend to work on Linux.”
Back further said that his first discussions with Nakamoto over email had made him feel like the person sending the mails was someone who could put a fresh spin on the problem of inflation.
In the same interview, Back also talked about what it would mean to increase the block size for dealing with scalability issues currently plaguing the crypto industry. He said that emerging economies like India or countries in Africa might face significant issues in providing the bandwidth necessary for such an increase in the crypto block size.
Moreover, he added that the use of memory-based processing can often increase transactions times and make them much slower because “pointers in data structures tend to use up a lot of space.”