Still on the mystery bugging the entire crypto community: “Who is Satoshi Nakamoto?” the elusive creator of Bitcoin, is a new candidate: Stephen Mollah. Unlike other candidates before him who were proposed to be Satoshi by deduction of others, Stephen Mollah claims that he is Bitcoin’s creator.

Notably, Satoshi Nakamoto’s anonymity is one of the crowning hypes about Bitcoin and crypto, which makes many people want to be the Bitcoin creator. Accordingly, this began after Bitcoin’s launch in 2009, with many probable Satoshis but no concrete evidence that ties their identity to Nakamoto’s.

Recently, HBO in a documentary proposed that Peter Todd is Satoshi Nakamoto but this was quickly debunked by the crypto community. Stephen Mollah is in the spotlight now, so read on to discover our thoughts about this self-acclaimed Satoshi Nakamoto.

Is Stephen Mollah Satoshi Nakamoto? Sudden Emergence

Stephen Mollah, a figure who was relatively unknown two weeks ago surfaced in a blog post video claiming to be Satoshi Nakamoto. Notedly, he provided cryptographic signatures and coding styles that matched those of early Bitcoin programming as proof that he was Nakamoto.

Many have debated, scrutinised and are sceptical about Stephen Mollah’s claims, querying their validity and his motivations behind them. For context, Mollah’s evidence was based largely on these cryptographic signatures and coding patterns.

Meanwhile, experts raise concerns about their validity citing that signatures and coding styles can copied. Consequently, many conclude that Mollah’s claims are not solid enough.

Across social media, many view Stephen Mollah’s recent claim to be Satoshi as an act to draw the public’s attention, like others have done. In addition, prominent Bitcoin authorities like Greg Maxwell and Nick Szabo dismissed Mollah’s claims.

In a recent BBC interview, Mollah couldn’t provide definitive proof that he was Nakamoto. “Over the following hour, reporters went from amused to irritated as he failed to provide any of the promised evidence for his claims,” said BBC.

The Implications

If Stephen Mollah’s claims were true, Bitcoin’s anonymity would be compromised and we’ll get the full narrative of how Bitcoin was created. In a nutshell, this would impact Bitcoin’s price and market dynamics either way.

In contrast, the claims turning out to be false could have serious implications for the credibility within the crypto community. It could largely be a huge distraction from innovations and developments on the blockchain.

Our Thoughts

While it has incurred much debate, Mollah’s claim is not backed by sufficient proof. So, we stand sceptical that he’s Satoshi Nakamoto. While our search for Bitcoin’s elusive creator continues, let’s focus more on Bitcoin’s revolutionary potential.