Key Takeaways
HBO’s documentary explores Peter Todd as a possible Satoshi Nakamoto.
Crypto members defend Todd in opposition to HBO’s speculative claims.
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HBO’s extremely anticipated documentary, “Cash Electrical: The Bitcoin Thriller,” ended up pointing to Peter Todd as a possible candidate for the id of Satoshi Nakamoto, the mysterious creator of Bitcoin. Who’s Peter Todd and why does HBO suppose he’s Satoshi?
Unmasking Peter Todd: Who’s he?
Peter Todd, born and raised in Canada, is a recognized Bitcoin core developer and cryptographer who has gained recognition for his contributions to the Bitcoin ecosystem.
As one of many earliest contributors to the Bitcoin codebase, Todd is amongst just a few people who communicated immediately with Satoshi earlier than their disappearance in 2011. He beforehand confirmed that he was in his early teenagers when he began communication with Hal Finney and Adam Again, two distinguished Bitcoin pioneers.
The developer has labored on a handful of blockchain tasks, finest often called a Bitcoin Core Developer at Coinkite since 2014. He has held distinguished roles in a number of tasks, together with serving as Chief Scientist at Mastercoin and Darkish Pockets.
Todd can be the founding father of OpenTimestamps, a undertaking geared toward offering a decentralized timestamping service. He participated within the Zcash trusted setup ceremony in 2016, although he later criticized the method.
Why does HBO determine Peter as Satoshi?
Neither Len Sassaman nor Nick Szabo have been named Satoshi in HBO’s launched documentary. Somewhat, the highlight shone on Peter Todd, an unsuspected particular person till a leak simply hours earlier than the movie’s launch.
To help its claims, HBO pointed to a mistaken reply in 2010 when Todd unintentionally responded to a submit that Satoshi Nakamoto had began on the Bitcointalk discussion board utilizing his personal account. Nevertheless, this remark was rapidly seen as circumstantial, missing the concrete proof wanted to hyperlink Todd to Satoshi.
Many crypto neighborhood members have clarified that Todd was merely correcting or clarifying Satoshi’s submit, not impersonating him.
“Imagine it or not, this was their most compelling argument, and it’s not compelling in any respect. It doesn’t look to me like Peter is continuous Satoshi’s ideas, it simply seems to be like he’s correcting Satoshi, as Peter has carried out many instances,” Pledditor, an X person said.
HBO’s documentary additionally introduced up the truth that Todd carried out the “replace-by-fee” idea, which was mentioned in the identical thread on Bitcointalk. It was claimed that he used the pseudonym “John Dillon” to advertise the idea and that this pseudonym was linked to Satoshi.
As well as, the movie instructed that each Satoshi and Todd used British/Canadian spellings of their on-line communications, which made it a chunk of proof about their connection. Furthermore, it added that Todd’s schedule matched Satoshi’s posting schedule on Bitcointalk.
The present additional used Todd’s previous dialogue of “sacrificing” Bitcoin as proof that he may be Satoshi, deciphering it because the “destruction” of the coin.
“Once more, this isn’t proof of something. Simply extra weak innuendo and circumstance,” Pledditor added.
Although Todd has repeatedly denied being Satoshi, he has confronted mounting hypothesis surrounding his id. The developer certainly claimed forward of and after the discharge that he was not Satoshi.
Backlash and jokes
The idea of Cullen Hoback, primarily based on outdated chat logs and a 2010 BitcoinTalk submit, has sparked criticism and sarcastic feedback from members of the crypto neighborhood. Outstanding figures and organizations have rallied to Todd’s protection, criticizing the documentary’s speculative nature and the hazards it poses to Todd’s security.
Cobra, administrator of BitcoinTalk, and Adam Cochran of Cinneamhain Ventures, denounced the irresponsible journalism displayed within the documentary.
Piece of shit journalist is placing individuals in actual bodily hazard. I’m sorry you or Adam should cope with this nonsense. Keep protected.
— Cøbra (@CobraBitcoin) October 8, 2024
What a bust.
Wild hypothesis, lacks understanding of the tech that guidelines it out, no smoking gun.
And irresponsibly names somebody as Satoshi, who’s alive right this moment, says they aren’t Satoshi, and does so with out stable proof.
The documentary even will get the dates of Todd’s… https://t.co/chLUjIo7fh pic.twitter.com/Ct7mbrjP8G
— Adam Cochran (adamscochran.eth) (@adamscochran) October 9, 2024
Few know this however I as soon as shared a room with @peterktodd. Whereas he was sleeping I heard him gurgle “It must be Craig”. What does it imply? https://t.co/rfuzTpwH9s
— Jesse Powell (@jespow) October 9, 2024
Polymarket bettors have been proper
Polymarket bettors precisely predicted that Satoshi Nakamoto was somebody not listed within the ballot.
Within the days main as much as the documentary’s launch, merchants initially favored Len Sassaman, with odds reaching 49%. Nevertheless, because the present approached, bets shifted in direction of Nick Szabo. Finally, the vast majority of bettors have been assured that Satoshi was somebody who had not beforehand been thought-about.
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