Satoshi Nakamoto

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Satoshi Nakamoto

Definition:

Satoshi is the anonymous writer and creator of the Bitcoin whitepaper. More than just a blockchain founder, he/she/they are the philosophical deity for Web3 and the crypto space. Whilst we don’t know who it is, man, woman, group or other, Satoshi lives on in our hearts. Unheard of since April 23, 2011, Satoshi’s estimated Bitcoin holdings of 960,000 is simply staggering at today’s prices.

Degen Chat

“@PeterMcCormack has some interesting takes on who Satoshi Nakamoto is… or maybe it’s him?”

Related Terms:
  • Dictionary: Bitcoin
    A Peer-to-Peer Electronic Cash System. The OG crypto coin created by Satoshi Nakamoto in the seminal white paper of 2008. "If you don't believe it or don't get it, I don't have the time to try to convince you, sorry."
  • Dictionary: Blockchain
    A distributed ledger technology created by Satoshi Nakamoto in the Bitcoin whitepaper. Many blockchains exist now such as Bitcoin, Ethereum, Avalanche, BSC etc
  • Dictionary: Sats
    Each Bitcoin is divided into 100 million satoshis or sats. A Satoshi is the smallest amount that can be recorded on the BTC blockchain and is named after Bitcoin’s founding father/ fathers/ mother/ CIA - Satoshi Nakamoto. Stacking sats is the term for consistently increasing your Bitcoin portfolio by frequently buying Bitcoin or making profits trading that are then stored in Bitcoin.


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