For the past twelve years, the cryptocurrency community has been attracted by Satoshi Nakamoto, the inventor of Bitcoin. For more than a decade, armchair detectives and journalists have been trying to reveal the identity of the creator and information about the whereabouts of all bitcoins dug up when the network was still in its infancy. Some people now think that Satoshi Nakamoto’s coin may be the greatest contest ever, and the private key is hidden in the blockchain.

Maybe Satoshi Nakamoto left a message?

Just recently, some members of the bitcointalk.org forum have been discussing new theories about the notorious Satoshi Nakamoto. For many years, the pursuit of Nakamoto has been a pursuit. So far, no one has been able to discover the identity of the creator or find the BTC hiding place of the inventor.

Online detectives believe that Satoshi Nakamoto's Bitcoin hiding place is a discovered blockchain treasure hunt
Satoshi Nakamoto, the anonymous inventor of Bitcoin, is the biggest mystery. Over the past decade, online detectives and journalists have tried to reveal the identity of the inventor and find the creator of Bitcoin.

As we all know, Nakamoto mined Bitcoin, and it is estimated that the creator of the cryptocurrency may have obtained approximately 750,000 BTC to 1.1 million BTC. News.Bitcoin.com has written articles about Satoshi’s hiding on numerous occasions (including on April 17, 2019). According to reports, the chief scientist of RSK Labs, Sergio Demian Lerner, Issued a new report on the alleged possession of Satoshi.

The chief scientist of RSK discovered thousands of blocks that Satoshi may mine. Lerner also published a blog post in 2013 entitled “Satoshi’s New Mystery Hidden in the Bitcoin Blockchain”, which discussed an interesting random number segment, which he called the “Patoshi” pattern.

Online detectives believe that Satoshi Nakamoto's Bitcoin hiding place is a discovered blockchain treasure hunt
RSK Lab Chief Scientist Sergio Demián Lerner wrote in 2013: “This picture shows the least significant byte of a random number starting from a random number, from the genesis block to block 36288 (2010).” Lerner added: “This is a uniform distribution (people expect to start with a completely random byte), while for the most significant byte of a big-endian machine, the expectation is exponential decrease Distribution.”

Basically, the term “once” or “use only once” in Bitcoin terminology is a 32-bit (4-byte) field or a non-repeating value contained in a mining block. When miners mine Bitcoin, the goal is to find a hash value that is lower than or equal to the current goal of the network. Lerner’s puzzle is about the distribution of the least significant byte (LSB) of random numbers.

Lerner discovered that the LSBs in Satoshi Nakamoto’s so-called blocks are not evenly distributed, and the researchers’ blockchain analysis has reached some conclusions.

See also  CEO Flees Country, 62 people have been detained, users cannot use $2 billion in funds – Bitcoin News
Online detectives believe that Satoshi Nakamoto's Bitcoin hiding place is a discovered blockchain treasure hunt
Sergio Demián Lerner wrote in his post: “The last picture clearly proves that from 2009 to 2010, almost all mining machines were in low-end byte order.

At first, he thought it might be that his blockchain parser was not working properly. Lerner said, or it could mean that Satoshi Nakamoto is using “something very different from a PC” to mine Bitcoin. “However, if this is true, then it will have a profound impact: Satoshi Nakamoto foresaw the advantages of FPGA/ASIC faster than others,” the researchers added.

Then Lerner thought of the third reason, which may mean that Satoshi Nakamoto discovered the SHA-2 flaw. However, the chief scientist of RSK said “this is extremely unlikely.” But in the end, Lerner thought that Satoshi Nakamoto might have left a message carved in his hands.

Lerner wrote at the time: “This is information for an unreachable future.” He added: “The number of random numbers that fall into each byte value or histogram.”

Online detectives believe that Satoshi Nakamoto's Bitcoin hiding place is a discovered blockchain treasure hunt
There is a theory that Satoshi Nakamoto’s 1.1 million BTC hiding place is a reward, which has to be discovered by clues hidden in the Bitcoin blockchain.

Armchair detective hopes to solve “the greatest game”

This mystery led a team of theorists to visit bitcointalk.org, who believed that Satoshi Nakamoto’s early coin mining was actually an extremely valuable treasure hunt. A forum account known as the “Old Gold Digger” believes that the existence of so many differentiators indicates that those who mine these Bitcoin blocks “all want to identify their blocks.”

In the forum, others have mentioned this theory in the past. “Satoshi Nakamoto left a message engraved on a random number,” the old gold digger wrote. “This is the information we see in the distant future.”

The individual added:

Maybe Satoshi created the biggest prize contest, and the private key is somehow located in the blockchain.

There are many others who are interested in Old gold digger’s theory, and many people have responded to forum topics.

“This reminds me of the’ready player’ plot mentioned in the first book, where Haliday is now equivalent to Satoshi Nakamoto.” He added: “It would be exciting if there were indeed hidden crypto treasures. At the same time, others left some links to get clues about the possibility of the message being fingerprinted by random numbers.

See also  Google News Showcase faces investigation by the German Competition Authority

“I really want to know the answer,” the old gold digger said in the thread. “You think it’s a bit strange that he uses the proprietary Base58 for address encoding, but do you see a peak between 0-57?” He asked others. “I know this may be just a coincidence, but if there is a secret message in the LSB to explain this, it would be amazing,” Old gold digger emphasized.

In addition, as early as June 2019, an account named “Threadsupport” sent an open letter to Satoshi, asking the inventor whether there was a “Bitcoin contest”.

Threadsupport wrote at the time: “We think you have created a Bitcoin contest, and the private key is somehow located in the blockchain.” “We are working hard to solve this problem and will move the reward gold coins. If you want to Please do not hesitate to add some content to the statement,” the forum user added. In addition, if Satoshi Nakamoto does mine 1 million BTC, all coins can be located in 20,000 separate addresses, each with 50 coins.

“Lost coins will only make everyone’s coins more valuable-think of it as a donation to everyone”

People have been discussing the fact that one day Satoshi Nakamoto may eventually become the richest person in the world. But this is assuming that the inventor keeps them all to himself, and the creator will always own these coins. Since the armchair detectives on bitcointalk.org have been discussing them, they are likely to be left for us to find.

Online detectives believe that Satoshi Nakamoto's Bitcoin hiding place is a discovered blockchain treasure hunt
This is “what you would get if you draw a histogram of a moving window of 3,000 blocks in the first 60,000 blocks,” the author Techmix explained on June 1, 2020. “We observed that there are five different ranges of LSB values ​​and their behavior in the histogram. [0–9] From the first block to the peak, it reached about 54,000 blocks. It fell in the area of ​​approximately 21,000 and recovered at 24,000. [20–28] Similar to the previous range, the difference is that it peaks between 21,000 and 24,000 blocks instead of falling. [29–38] Similar to the previous range, but reduced after 26,000 blocks. [39–48] Has reached the highest peak until the 22,000th block. [49–58] It didn’t reach the peak until about 18,000 blocks. “Techmix pointed out.

The detectives also mentioned an article called “The Mysterious 19”, which used Lerner’s “Patoshi mode”, but also mentioned Lerner’s “On the Least Significant Byte (LSB) of the Random Number Field of Block Header” Second discovery”. It really caught his attention. “

See also  Encrypted security company Fireblocks raised US$30 million in Series B financing with the goal of global expansion

The author of the study added:

So maybe this weird behavior with an LSB value of 19 tells me to start looking at the whole thing in another way.

Finally, online detectives also discussed Satoshi’s famous coin toss offer: “Tossing a coin will only make the value of other people’s coins slightly higher. Think of it as a donation to everyone.” Perhaps Satoshi is not talking about the passage of time The lost coins hide the creator’s hideout in the blockchain through text or a large number of messages.

A person wrote in the bitcointalk.org conversation: “Those who have the ability to solve this problem are the ones Satoshi hopes to succeed.” “This is like the place where Satoshi Nakamoto’s legacy will be determined in the future. Is this a competition? Pirate Treasures ?” he asks.

What do you think about the possibility of Satoshi Nakamoto’s Bitcoin becoming a treasure hunt or treasure hunt? Let us know your thoughts on this topic in the comments section below.

Tags in this story

Bitcoin, Bitcoin (BTC), Bitcointalk.org theory, identity, Satoshi Nakamoto, old gold digger, RSK chief scientist, Satoshi Nakamoto, Satoshi Nakamoto, the identity of Satoshi Nakamoto, Satoshi Nakamoto Bitcoin, Nakamoto Satoshi coin, Sergio Demian Lerner, theory, theory, treasure hunt

Picture Credits: Shutterstock, Pixabay, Wiki Commons, Techmix, bitslog.com, Sergio Demián Lerner, Bitcointalk.org,

Disclaimer: This article is for reference only. It is not a direct offer or solicitation of an offer, nor is it a recommendation or endorsement of any product, service or company. Bitcoin.com does not provide investment, tax, legal or accounting advice. For the use or reliance on any content, goods or services mentioned in this article, or any loss or loss related to it, the company or the author shall not directly or indirectly bear any responsibility.