Did Bitcoin Creator Satoshi Nakamoto Just Move 50 BTC? Litecoin’s Charlie Lee Ponders Mysterious Transfer

13 November 2019, Wednesday, 09:35 - dailyhodl.com
Did Bitcoin Creator Satoshi Nakamoto Just Move 50 BTC? Litecoin’s Charlie Lee Ponders Mysterious Transfer

Litecoin creator Charlie Lee is wondering if the legendary, anonymous creator of Bitcoin known as Satoshi Nakamoto just moved 50 Bitcoin.

The BTC was donated to the team developing Grin, a new cryptocurrency that is focused on confidential transactions, hiding transaction values and making it hard for third parties to track activity.

It uses a private transaction technology called MimbleWimble which is also being tested on Litecoin.

Developer David Burkett announced the receipt of the BTC.

Lee quickly traced the origin of the coins, saying they were mined back in 2010 and had been dormant for nine years.

Several crypto influencers, including Charlie Lee and Binance CEO Changpeng Zhao, have said that the real Satoshi can prove their identity by signing a message with the address from the very first Bitcoin block. Until then, any claims about “the real Satoshi” are likely bogus.

If Satoshi wanted to reveal himself, he would sign a message with the genesis key. Anything short of that is most likely fraudulent.

— Charlie Lee [LTC⚡] (@SatoshiLite) August 17, 2019



Read Also

Ethereum, XRP and Bitcoin Cash Tax Refunds Now Available to US Citizens Through Refundo

Ethereum, XRP and Bitcoin Cash Tax Refunds Now Available to US Citizens Through Refundo

Bitcoin (BTC) Price Pumps Past $8,750, Dow Plunges 400 Points As Coronavirus Triggers Fears Around the Globe

Nasdaq Is Looking at Bitcoin (BTC) Futures, Says CEO Adena Friedman