Satoshi Nakamoto

DEFINITION of 'Satoshi Nakamoto'

Satoshi Nakamoto is the potentially pseudonymous name associated with the person or group of people who released the original Bitcoin white paper in 2008 and worked on the original Bitcoin software that was released in 2009. 

BREAKING DOWN 'Satoshi Nakamoto'

The white paper: On Halloween, 2008, someone using the name Satoshi Nakamoto made an announcement on The Cryptography Mailing list at metzdowd.com: "I've been working on a new electronic cash system that's fully peer-to-peer, with no trusted third party. The paper is available at http://www.bitcoin.org/bitcoin.pdf." This link leads to the infamous white paper published on bitcoin.org entitled "Bitcoin: A Peer-to-Peer Electronic Cash System." This paper would become the Magna Carta for how Bitcoin operates today.

Read more: Who Is Satoshi Nakamoto, Mysterious Bitcoin Founder? | Investopedia