Maybe the reason that no one can find Satoshi is because he is not a real person, nor has he ever existed.
Satoshi Nakamoto is a pseudonym borne in Santa Barbara California in 2008. This was meant to protect the Bitcoin software developers from a legal backlash being experienced by others who had tried to test the boundaries of the monetary system, such as the eGold creators.
I am just a man who lived in Santa Barbara at the time, had some measure of experience in database software and who was working on some ideas which may have fallen into the mix.
THE CYPHERPUNKS
Without the CypherPunks Bitcoin would have had little early support and was a key ingredient in the Bitcoin success recipe.
Hal Finney was the main author and chef for the Bitcoin software and did most of the programming.
Myself, just a humble software contributor was developing a new operating system design called ideaOS. ideaOS is designed to give application developers a universal platform to develop apps upon withouth having to rewrite code to run on the various operating systems.
Hal Finney and I shared a passion for improving the efficiency of the monetary system. We had both worked at neighboring downtown Santa Barbara software companies, with my company, Williamson Software, located at 104 W. Anapamu Street.
We would see each other from time to time and chat about events, attitudes and the things that mattered to our world. Hal was always out ahead, able to make sense of complex dynamics, and develop fresh insights. We were also both private pilots and runners.
What Hal lacked was a practical solution to the double spend problem, so I applied my expertise in database systems to provide the solution that he had spent years trying to find.
The project that I was working on at the time consisted of a hash entry verified file system called IFS that included something called the iBlock which is a part of the ideaOS project. This decentralized file system that I invented in 2007 provided a means to share a file system across numerous devices and every file had a hash value that was like a fingerprint of that file. This is very similar to the design of blockchain.
“Why not give a copy of the database to everyone? By giving the ledger
of everyone to everyone and using a linked hashing system, you could eliminate your reliance upon a proprietary hardware card and introduce true scalability,” I suggested one day to Hal.
The iBlock plus Hal’s work on RPoW, an early cryptocurrency experiment, became the main ingredients for Bitcoin. Hal did not need much help from me except with a better double spend solution.
I do not take my gifts lightly, and I do not like to use them except for the betterment of our world. God help us and guide us as we venture forth into uncharted waters upon our world adventure. I pray for the people. We must be more responsible now as the stewards of our world and critical infrastructure systems. That means that everybody must think about and take some degree of responsibility for these matters. Technology can be a double edged sword and the welfare of the people should always be regarded first.
INTRODUCING BLOCKCHAIN 2.0
The new DNA system based on the new eCoin technology went into beta production mode in October of last year. DNA stands for
Decentralized Network Assets. The final genesis of the DNA database system begins on 3 January 2026, 17 years after Bitcoin.
DNA is a growing network with several computer spread out across the glob. I am defining DNA as a complete "cryptocommunity assets solution" which offers an alternative to the POW, electricity hungry, consensus algorithm of Bitcoin and the database size issue.
The new Blockchain technology in DNA safeguards the power of the peer, an important tenant in decentralized assets. Blockchain 2.0 does away with transaction pools and processes transactions individually and instantaneously. This is made possibly using the new microblock technology. Blockchain 2 utilizes a new consensus algorithm called PAC which stands for
Probable Agreement Consensus. DNA works equally well on almost any device and is extremely light on resources such as CPU and networking bandwidth.
PAC replaces POW utilized in blockchain version 1. PAC places trust in the probability of cheaters not having the numbers required to overwhelm the system. It is designed to keep the peers on top. The new Blockchain design divides the database into eZones similar to stripes and mirrors used in RAID systems. In summary Blockchain 2 solves the two major scalability issues persistent in Bitcoin: the electricity heavy consensus model and the monolithic database size. Security is enhanced with peer signing of transactions which are encrypted to both sender and receiver using ed25519 with conversion to curve25519 for crypto box functions. This conversion allows for greater key versatility and more compact public key storage.
Record size is also reduced by using entity ID numbering derived from the record offset in the table. No identification number is stored with the entity as their offset in the table is their ID number. The public portion of the key verification data is obfuscated, as was done in Bitcoin. This is further enhanced by encrypting a secondary derived public key using the first asymmetric key set. This reduces the chance of brute forcing public data to determine private keys in this patent pending concept. Base58 symbols are replaced with a more user friendly symbol set called DNA40.
DNA also brings forth the yet to be realized goal as stated in "A Cypherpunk's Manifesto":
an anonymous transaction system. This is made possible in DNA by the
detachable assets technology, a new type of asset system that detaches transaction away from the public chain and places them only in the hands of the initiator of the transaction. Detachable assets is now exclusively operational on DNA*.
Account numbers are assigned randomly from a domain size of roughly 34 billion. These numbered accounts have no transaction history on the public chain giving DNA users unprecedented levels of privacy.
Privacy is further enhanced with anonymous accounts. The anonymous accounts exist only on the Frontier zone of the DNA architecture and feature a public keyposting area for secure transaction processing by the account holder. The Frontier zones, called eSectors, are set away from the regular peer accounts, but also exclusively features DNA tokens called eTokens. The DNA eTokens may be created by almost anyone and then bought and sold freely on the network. When a new eToken is registered it is assigned its own unique symbol name that becomes the property of the eToken holder.
Transaction fees on DNA are competitively priced at just a fraction of a US dollar. The central coin of DNA is called eCoin, utilizing a double dollar sign symbol, and shall soon become a gold backed currency. Transactions are processed in seconds not minutes.
By joining DNA and becoming a full peer, you may earn rewards with the rewards eToken called BTCM (Bitcoin Max). Rewards are paid when you are selected to witness a transaction during the PAC process. Peers also enjoy worldwide recognition with an irrevocable peer number called an ePassport. It is hoped that the ePassport shall provide every human being on the planet with free citizenship and the guaranteed benefit of equal recognition throughout the world, a right that shall never be infringed, revoked or canceled by any state government.
These are just a few highlights of the new cryptographically, decentralized public database system employed on DNA. You may learn more about this new community assets database and its decentralized asset innovations by reading the FAQ:
English: DNA FAQEspanol: Preguntas Frequentas de DNA
I would like to thank Hal Finney and the many other contributors in the building of decentralized asset systems. I pray that we shall work together in a sensible and appropriate way to improve the efficiency of our monetary and other important social recording systems.
Thank you for reading!
ATTACHMENTS
July 2007 PoC White Paper RE: iBlock File System (This PoC version was a first revision and only a rough draft, but seems to be the only one that I can find at the moment)
As this topic of the authorship of the original source code and the basic concepts of Bitcoin seems to be a rather controversial one at the moment, I thought that it perhaps wise to offer some proof as to the above asertions. Therefore, I am posting this letter that I recently shared with an associate working with me in Hermosillo, Sonora Mexico at SolarSnap. Be forewarned that this is indeed a conroversial subject.
Letter to Attorney in Mexico 2025
* Detachable assets, PAC and other mentioned features are patent pending technologies