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Home web3.0 Analysis of Satoshi Nakamoto's early emails: What contribution did the 'mysterious donor' behind Satoshi Nakamoto make?

Analysis of Satoshi Nakamoto's early emails: What contribution did the 'mysterious donor' behind Satoshi Nakamoto make?

Mar 02, 2024 am 08:07 AM
Bitcoin trading platform Bitcoin trading platform Satoshi Nakamoto mystery donor

php editor Banana recently revealed the early emails of Satoshi Nakamoto: What contribution did the "mysterious donor" behind Satoshi Nakamoto make? This mystery has always been a source of speculation. What role did this mysterious donor play in Satoshi Nakamoto’s creation of Bitcoin? His identity, motivations and impact on the development of Bitcoin will all be revealed one by one in this article. Let us dig deeper into the story behind Satoshi Nakamoto and explore the truth and mysteries.

Author: Rizzo, Bitcoin Magazine

Compiled by: Felix, PANews

Last week, more than 100 emails written by Bitcoin creator Satoshi Nakamoto were made public for the first time. . These emails provide us with valuable information about Satoshi Nakamoto, including many new discoveries. However, what is most striking is the mysterious donor behind Satoshi Nakamoto. Regarding funding matters, Satoshi Nakamoto made it clear for the first time:

  • Provide financial support to those who strive to serve the Bitcoin economy
  • Support early attempts to price Bitcoin in US dollars

There was no evidence to prove these two points before these emails were released. Here’s what we’ve learned so far:

Legendary Donation

The emails show that a donor known to Satoshi Nakamoto made a donation in 2010 Funding of $3,600 was provided for the project.

Based on the price of US$0.06 per Bitcoin at the time, these amounts were originally enough to purchase more than 58,000 Bitcoins. This donor has made a significant contribution to the future of Bitcoin.

The conversation about "donors" took place between Martti Malmi (an early Bitcoin developer) and Satoshi Nakamoto, but it only lasted a year.

20097月:

At the beginning of the conversation, Satoshi Nakamoto said : "If we have a project that needs funding, I can find some people willing to donate, but they want to remain anonymous, which makes it difficult for us to exactly utilize the funds."

Analysis of Satoshi Nakamotos early emails: What contribution did the mysterious donor behind Satoshi Nakamoto make?

20098 Month:

Martti consulted Satoshi Nakamoto about the newly established Bitcoin The cryptocurrency trading platform Bitcoin Market is raising funds.

Although Satoshi Nakamoto stated that he wanted this to be done "independently" of his involvement, he mentioned that "funders" could be found for the idea.

Analysis of Satoshi Nakamotos early emails: What contribution did the mysterious donor behind Satoshi Nakamoto make?

2010Year6Month:

Satoshi mentioned again that he received a $2,000 donation.

He pointed out that the money needed to be transferred to Martti so that his identity would not be revealed.

Analysis of Satoshi Nakamotos early emails: What contribution did the mysterious donor behind Satoshi Nakamoto make?

2010Year7Month:

Donors still haven't sent any funds to Martti.

Analysis of Satoshi Nakamotos early emails: What contribution did the mysterious donor behind Satoshi Nakamoto make?

2010Year7Month:

Satoshi responded that he would contact the donor again to prioritize the payment.

Analysis of Satoshi Nakamotos early emails: What contribution did the mysterious donor behind Satoshi Nakamoto make?

2010Year7Month:

Martti received a $3,600 donation, which he agreed to use toward project expenses, such as web hosting services.

Analysis of Satoshi Nakamotos early emails: What contribution did the mysterious donor behind Satoshi Nakamoto make?

2010Year7Month:

Satoshi Nakamoto agreed to allocate $1,000 to Martti’s new trading platform.

It is worth noting that Satoshi Nakamoto also believed that the money could be loaned to other businesses that might accept Bitcoin.

Analysis of Satoshi Nakamotos early emails: What contribution did the mysterious donor behind Satoshi Nakamoto make?6 Months later, Satoshi Nakamoto disappeared.

That’s all there is to know about this donor so far. Today, his identity remains a mystery. But it’s clear that this sacrifice from donors helped fuel Bitcoin’s success in its early days. Whoever this person is, Bitcoin owes him a favor.

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