While no one knows the real name of the Bitcoin creator, it seems that Satoshi Nakamoto created Monero as well, according to a new research document that we find out more about in the following Monero news below.
The new research by Monero Outreach states that Satoshi Nakamoto created Monero as well as Bitcoin. Monero is a cryptocurrency that was launched to the public in 2014 to help solve the Bitcoin privacy issues. Bitcoin uses a public ledger, Monero helps to hide the transactions on the blockchain which makes XMR the most used cryptocurrency among the dark web users. The whitepaper of Monero was published in 2012 which is about three years after the Bitcoin genesis block was created. The author of the whitepaper Nicolas Van Saberhagen is also a pseudonym so no one actually knows who created Monero.
Monero Outreach suggests that Satoshi Nakamoto and Nicolas van Saberhagen are the same person/entities. The main argument is that Nakamoto had the motive to release the CryptoNote whitepaper which lays out the Monero concept. Nakamoto shared the first concepts of privacy that eventually showed up in the Monero whitepaper including ring signatures and stealth addresses that help hide the senders and receivers of XMR. When CryptoNote 1.0 came out, Nakamoto followed the block size of Bitcoin and the changes in mining reward halving. The Monero blockchain addresses these issues and improved the proof-of-work to make mining more available.
When analyzing the writing style of the whitepapers, you can see the same style in the two. The authors used stylometry or a software program called Java Graphical Authorship Attribution program and figured out that the author of the whitepapers was more likely to be Nakamoto than the author of any other 15 leading papers picked from the Monero literature. Some other similarities can be also seen with the naked eye. Both of the whitepapers used the spelling of favor and favorable and the contraction ‘’can’t’’ instead of the typical style that can be seen in academically formatted papers.
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The Outreach Creative Lead Thunderosa commented:
‘’When you first look at those two documents side by side you can get floored by the crazy similarities. Maybe we should start calling the author Satoshi van Saberhagen.’’
However, the research authors don’t quite expect that Bitcoin and Monero communities will embrace this revelation and the Monero Outreach Organized said:
‘’Like many, I’m still processing this. I will, though, say with confidence that if Satoshi Nakamoto is Nicolas van Saberhagen, Monero was Satoshi’s greatest work.’’
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