Bitcoin‘s price has fallen significantly over the past month, and so has the elusive author’s purported net worth.
Just about a month ago Satoshi NakamotoAccording to , its total Bitcoin holdings were valued at $137 billion. arkham intelligence Wallet-based data that is believed to be associated with the creator of the pseudonym.
Satoshi is now the 11th richest person. people— if it is one person, that is — in the world, forbes billionaire listahead of Microsoft co-founder Bill Gates and others. (forbes To be clear, we do not track Satoshi. )
However, in the case of Bitcoin, drop of more than 30% From an all-time high of $126,080 in early October to a recent price of $87,281, Satoshi’s net worth has fallen to $95.8 billion in just over a month. This makes the mysterious founder the 20th richest person in the world, making him poorer than Gates’ $104.4 billion.
Satoshi Nakamoto is the pseudonym that Bitcoin’s founder adopted in 2008 when he wrote a white paper and when speaking on forums and via email. Despite countless attempts to uncover Satoshi’s true identity, Last year’s hottest HBO documentaries–No one has ever succeeded in convincing the public that they have found the right person.
Cryptocurrency experts were able to determine how much Bitcoin the creator held. It is identified using something called . patosi pattern— A distinctive mining pattern found only in early Bitcoin blocks — Experts believe that Satoshi 1.1 million BTCThat’s close to the 1.096 million BTC tally tracked by Arkham Intelligence.
That said, Satoshi’s actual net worth could be significantly different from this figure as his off-chain or non-Bitcoin holdings are unknown. Similarly, forbes It calculates billionaires’ net worth using their public holdings and estimates the value of their private holdings, which may be inaccurate.
Regardless of Satoshi’s exact net worth, it’s safe to assume that $95.8 billion is a significant portion of their net worth. So, as advances in quantum computing threaten to destroy Bitcoin (also known as Bitcoin), some wonder if this elusive creator will emerge from the shadows. Q-day.
There have already been proposals to freeze Satoshi’s Bitcoin due to the impending quantum phenomenon.existential crisis” Others suggested Bitcoin From hard forks to quantum resistance Entire network.
However, Joseph Chalom, co-CEO of Sharplink Gaming, a leading Ethereum finance company, previously said: decryption He believes that once this hurdle is attempted, Satoshi may reveal his true identity.
“I have a wild idea that at some point, five or 10 years from now, when the Bitcoin network needs to be quantum-proof, there will be very important decisions about standards and encryption,” Chalom said. said in september. “Decisions will be made about whether there is a need to hard fork the protocol (and) what to do with dormant wallets.”
