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Adam Back Reveals Never-Before-Seen Satoshi Nakamoto Emails
2024-02-23 07:19
BTC | -0.98%
An unprecedented event in the history of Bitcoin came to fruition this Thursday, February 22. A series of unpublished and never-before-seen emails between the creator of the decentralized protocol, Satoshi Nakamoto, and cryptographer Adam Back, came to light.
In the midst of the lawsuit between businessman Craig Wright (who claims to be Nakamoto) and the Cryptocurrency Open Patent Alliance (COPA), Back handed over copies of the e-mails he exchanged in 2008 with the real creator of Bitcoin, who disappeared without a trace in 2013.
The emails were sent four months before the official launch of Bitcoin, on January 3, 2009, and in them, Nakamoto already showed what the White Paper is right now, the foundational document that gives life to the bitcoin protocol (BTC), the pioneering digital asset of the market.
In the first of the five emails shown by Adam Back at the trial, Satoshi Nakamoto wrote to him to let him know that he would use a phrase from an article he wrote about Hashcash. That's a protocol launched by Back in 1997 that was one of the foundations of the Bitcoin protocol's Proof-of-Work (PoW).
"I'm getting ready to publish an article referencing your post on Hashcash and I wanted to make sure I got the quote right. (...) I think you'll find it interesting, as you find a new use for hash-based proof-of-work as a way to make e-cash work."
Satoshi Nakamoto, creator of Bitcoin, in an email to cryptographer Adam Back.
In that letter, Satoshi Nakamoto divulged to Back the definition of bitcoin for the first time. He talked about how e-cash, without the need for a trusted third party, would make it possible to send payments online, directly from one party to another, "without the burdens of going through a financial institution."