This is how Anyone Can Easily Become Satoshi Nakamoto

This is how Anyone Can Easily Become Satoshi Nakamoto

Year after year, news of self-acclaimed Satoshi Nakamoto goes viral even though those claiming to be Satoshi don’t have any bit of proof to back that up. However, there have been some attempts of people who determined to show it, explicitly even some few investors have tried their best, but to the larger crypto community, such efforts have come out unsuccessful.

One unforgettable attempt was from Craig Wright who tried to prove he was Satoshi Nakamoto in 2016. Wright showed up on a BBC video admitting to signing a signature secured to the first bitcoin transaction. After Wright two other men came out to also claim to be Satoshi Nakamoto but lacked substantial evidence, therefore failing to convince everybody.

Moreover, in 2018, another Satoshi Nakamoto popped up and had a twitter handle that like Wright also made the same signing proof with a message-secured to block number 9. Lastly, Amaury Séchet, BCH developer, recently publicized a self-acclaimed hash text on Twitter, which came out openly as a joke though some crypto news reports made it seem real.    

Just as we thought due to all this many attempts and failures the news of people claiming to be Satoshi Nakamoto might not be heard anymore, a financial transparency startup called Albacore Labs has change that thought as they have created a tool called Faketoshi which can easily prove anyone to be Satoshi Nakamoto.

The tool according to Albacore will approve a signature against the genesis block, causing it to be less complicated for other individuals to make comparative claims. Ever since the alleged block 9 signing, the company, has been bringing out apps that can attach a message to the Bitcoin genesis block so that anybody can easily prove to be Satoshi.

In a recently published guide of the tool’s process, the company explained that people get easily persuaded due to an absence of technical understanding within the blockchain and bitcoin ecosystem which take you to a circumstance where just the seeing of crypto-esque jargon such as digital signatures are convincing enough. The company also realized that on the other hand people with a critical look could easily see that such messages are fake because these messages are typically conveyed without an actual plaintext message.

Albacore further explained, “The inputs and outputs of the ECDSA signature and verification operations. The company says when you look at both, the input is the plaintext message that is then hashed within the boxes (the ECDSA algorithm). Given the unique direction nature of cryptographic hashes, the best way to confirm this signature is to utilize a non-standard ECDSA verifier that does not hash within the message but instead acknowledges the hash of the message as an input.”

In any case, Albacore trusts the bigger community should be increasingly cautious towards liars and faked signature endeavors. Albacore added that tools like the Faketoshi signing application would give the entire community a privilege to be progressively critical towards individuals trying blockchain signature parlor tricks and neglect them, instead concentrate on things that will advance the crypto space as a whole.

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