Unraveling the 'Faketoshi' Narrative: New Court Developments

postedΒ  23 Feb 2024
Photo - Unraveling the 'Faketoshi' Narrative: New Court Developments
Recent court proceedings in the Wright vs. COPA lawsuit disclosed parts of the correspondence between Satoshi Nakamoto and the prominent cryptographer Adam Back.

These emails, submitted by Back as evidence, are mostly technical in nature and date back to August 2008β€”months before Bitcoin's launch in January 2009.
The communications reveal that Nakamoto was not familiar with B-money technology until that time. This contradicts Craig Wright's assertions of being influenced by B-money in the creation of Bitcoin, as Satoshi was nearing the release of the landmark cryptocurrency whitepaper.

Adam Back also opined that B-money didn't have a major impact on Nakamoto's work. Cryptographer also challenged Wright's claim that Bitcoin’s underlying technology deviates fundamentally from the Hashcash proof-of-work system, a brainchild of Back from the late '90s aimed at combating email spam.

A particularly revealing episode unfolded between November 17 and 19, 2023, when Wright attempted to recreate the Bitcoin whitepaper using the LaTeX document editor. This contrasts with the original whitepaper by Satoshi, which was created in Open Office.

This attempt came to light inadvertently when Wright, in addition to submitting court documents, accidentally sent a JSON file that hinted at modifications being made.

Confronted with allegations of attempting to fabricate the whitepaper, Wright defended his actions as merely demonstrative. Yet, he evasively sidestepped any substantive discussion about the document's technical formatting details that might indicate deceptive intent.

Addressing the direct accusation of not being the real Nakamoto, Wright stated that he doesn't necessarily need to be Satoshi. He highlighted that his blockchain, BSV, already processes more transactions than tech giants like Oracle and Microsoft, and is engaging in talks with governmental bodies.

In an earlier hearing, Wright’s sister testified, claiming she once saw him dressed as a ninja, an anecdote she believes supports his claim to be the mysterious Satoshi Nakamoto.