Over the last twelve years, the cryptocurrency community has always been intrigued by Bitcoinâ€™s inventor Satoshi Nakamoto. For over a decade, armchair sleuths and journalists have tried to uncover the creatorâ€™s identity and information on the whereabouts of all the bitcoins the enigma mined when the network was still in its infancy. Now a few individuals believe Satoshiâ€™s coins may be the greatest prize competition ever and the private keys are somehow hidden within the blockchain.
Maybe Satoshi Nakamoto Left a Message?
Just recently, some members of the forum bitcointalk.org have been discussing a new theory surrounding the infamous Satoshi Nakamoto. For years now, the hunt for Nakamoto has been quite the quest and so far, no one has been able to uncover the creatorâ€™s identity or find the inventorâ€™s stash of BTC.
It is well known that Nakamoto mined bitcoin and it is estimated that the cryptocurrency creator may have acquired roughly 750,000 BTC to 1.1 million BTC. News.Bitcoin.com has written about Satoshiâ€™s stash on a myriad of occasions including on April 17, 2019. In that particular article, it was reported that RSK Labs chief scientist, Sergio DemiÃ¡n Lerner, had published a new report concerning Satoshiâ€™s alleged holdings.
The RSK chief scientist has uncovered a lot in regard to the thousands of blocks Satoshi may have mined. Lerner also published a blog post in 2013 called â€œA new mystery about Satoshi hidden in the Bitcoin block-chain,â€ which discusses an interesting nonce field found in the blocks he called the â€˜Patoshiâ€™ pattern.
Basically a â€œnonceâ€ or â€œnumber only used onceâ€ in Bitcoin terminology is a 32-bit (4-byte) field or a non-repeating value that is included in a mined block. When miners mine bitcoin blocks the goal is to find a hash below or equal to the networkâ€™s current target. Lernerâ€™s mystery talks about the distribution of the nonceâ€™s least significant byte (LSB).
What Lerner had found was that the LSB in Satoshiâ€™s alleged blocks were not distributed uniformly and the researcherâ€™s blockchain analysis came to a few conclusions.
At first, he thought that it could be his blockchain parser not working correctly. Or it could mean that Satoshi was mining bitcoins with something â€œvery different from a PC,â€ Lerner said. â€œBut f this is true, then it has far-reaching consequences: Satoshi foresaw the advantage of FPGA/ASIC much sooner than everybody else,â€ the researcher added.
Then Lerner thought of a third reason, and that it could mean Satoshi discovered a flaw in SHA-2. But the RSK chief scientist said that â€œthis is highly improbable.â€ But lastly, Lerner thought that maybe Satoshi left a message fingerprinted in the nonces.
â€œA Message for us to see in a distant future,â€ Lerner wrote at the time. â€œThe number of nonces that fall into each byte value or histogram,â€ he added.
Armchair Detectives Hope to Solve the â€˜Greatest Prize Competitionâ€™
This mystery has led the group of theorists over at bitcointalk.org to believe that maybe Satoshiâ€™s early mined coins are actually an extremely valuable treasure hunt. A forum account dubbed â€˜Old gold diggerâ€™ believes that the existence of so many distinguishers says that whoever mined these bitcoin blocks â€œwanted his/her blocks to be identified.â€
There have been others who have alluded to this theory in the past on the forum. â€œSatoshi left a message fingerprinted in the nonces,â€ Old gold digger wrote. â€œA Message for us to see in a distant future.â€
The individual added:
There are many others who have been interested in Old gold diggerâ€™s theory and a number of people have responded to the forum thread.
â€œThis reminds me of the â€˜Ready player oneâ€™ plot presented in the first book, where Haliday is the equivalent of Satoshi now,â€ an individual said in response to the post. â€œIf indeed there is an encrypted treasure hidden that would be exciting,â€ he added. Meanwhile, others left a few links to possible clues about the possibility that a message was fingerprinted in the nonces.
â€œWould love to know the answer,â€ Old gold digger said in the thread. â€œDo you think itâ€™s a bit odd that he used a proprietary Base58 for the address encoding and just happens that youâ€™re seeing the spike between values 0-57?â€ he asked others. â€œI know itâ€™s probably just coincidence but it would be amazing if there was a secret message in the LSB to explain this,â€ Old gold digger emphasized.
Moreover, back in June 2019, an account called â€˜Threadsupportâ€™ published an open letter to Satoshi asking the inventor straight up if there was â€œa bitcoin prize competition.â€
â€œWe think that you have created a bitcoin prize competition and that the private keys are somehow within the blockchain,â€ Threadsupport wrote at the time. â€œWe are trying to solve it and will move the rewarding coins. If you want to add something to that statement, please donâ€™t hesitate,â€ the forum user added. Further, if Nakamoto actually did mine 1 million BTC all the coins could be located in 20,000 separate addresses with 50 coins each.
â€˜Lost Coins Only Make Everyone Elseâ€™s Coins Worth Slightly More- Think of It as a Donation to Everyoneâ€™
There have always been discussions about the fact that someday, Satoshi Nakamoto could end up being the richest person in the world. But thatâ€™s assuming the inventor is keeping them all to himself/herself and the creator will always be in possession of these coins. As the armchair sleuths on bitcointalk.org have been discussing, it is possible they were left for us to find.
The sleuths have also alluded to an article dubbed â€œThe Mysterious 19,â€ which leverages Lernerâ€™s â€˜Patoshi patternâ€™ but said Lernerâ€™s â€œsecond finding about the anomaly in the Least-Significant-Byte (LSB) of the nonce field of block headersâ€ really got his attention.â€
The author of the research adds:
Lastly, the online detectives also discussed Satoshiâ€™s famous lost coins quote: â€œLost coins only make everyone elseâ€™s coins worth slightly more. Think of it as a donation to everyone.â€ Maybe, Satoshi wasnâ€™t talking about coins lost over time, but the creatorâ€™s stash hidden inside the blockchain via text or a myriad of messages.
â€œWhoever is able to solve it, is the chosen person that Satoshi expects to succeed,â€ an individual wrote in the bitcointalk.org conversation. â€œItâ€™s like a place to determine Satoshiâ€™s legacy for us in the future. Is this a contest? A pirate treasure?â€ he asked.
What do you think about the possibility that Satoshi Nakamotoâ€™s bitcoins could be a prize or a treasure hunt to find? Let us know what you think about this subject in the comments section below.
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