King’s Spotlight: Satoshi Nakamoto 👑
Introduction
Welcome to our new mini series where we shine the spotlight onto our coveted Kings and delve into their profiles and find out what has elevated them to “CryptoKing” status.
The Origins of Satoshi and Bitcoin
We don’t actually know who Satoshi Nakamoto is, and for those who do know — they are not telling. The first sighting of Satoshi was on a CypherPunk mailing list in 2008, where the whitepaper for bitcoin was shared: “Bitcoin P2P e-cash paper” to a largely underwhelming response. Satoshi may have been a single person, or group of people working together to build and launch bitcoin, which was open sourced and released for the masses in 2009. Initially however, there were very few users, Satoshi for a time was the only user and miner of the protocol. One of the first purported miners of Bitcoin was Hal Finney another King that we will cover in a future spotlight issue!
May 2010 was a historic time for bitcoin, until then there had been no price associated with btc nor had there been any purchases made. In steps Laszlo Hanycez who succsessfully traded 10,000 bitcoin for Papa John’s Pizzas, worth an eye watering $600 million at today’s prices, at time of writing. May 22nd is now known and recognised annually as “Bitcoin Pizza Day”. Head to Bitcoin Pizza Index for some more interesting pizza stats!
As the bitcoin community continued to grow Satoshi’s involvement lessened, eventually handing off control of the website and repo’s to Gavin Andresen in April 2011. To this day, Satoshi’s coins remain untouched and unmoved since he vanished, and the general consensus is that they will never move again. Whoever was behind the creation of Bitcoin did not do it for financial gain, but on the belief that a better financial system could be built. He handed the baton to the community, and they have been running with it ever since!
The King’s Ransom
Where would we all be without the King of Kings? He is the rarest King of them all, pull a Satoshi and receive 1% of the the total sale raise. If we sell out this is a whopping 7 ETH; per Satoshi at the time of writing. There are only 5 Satoshi Kings available, happy hunting anons!
The CryptoKings generative NFT sale is live on Monday 22nd March, head on over to CryptoKings to find out more.
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