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- Sergio Demian Lerner, a famous researcher, believes that Satoshi Nakamoto won’t ever spend his Bitcoin. It is supposedly due to his altruistic nature.
- The Patoshi pattern represents a vaguely different algorithm from the usual. Employment of this pattern took place to mine 1.1M Bitcoins (BTC).
- There are recent reports of unusual Bitcoin transactions by CryptoPotato. Reports were of the transference of some of the first Bitcoins ever mined.
Sergio Demian Lerner, a famous researcher, believes that Satoshi Nakamoto won’t ever spend his Bitcoins. It is supposedly due to his altruistic nature. Sergio is a prominent figure in the crypto community. He is the researcher who pinpointed over 1 million Bitcoin (BTC) mined by Satoshi Nakamoto.
What is Patoshi Pattern for Bitcoin?
Sergio is a legendary Bitcoin and other cryptocurrencies researcher, at the Reddit AMA. Moreover, it took him supposedly three years to locate privacy errors in the Bitcoin blockchain and discover the Patoshi pattern.
The Patoshi pattern represents a vaguely different algorithm. Employment of this pattern took place to mine 1.1M Bitcoin (BTC). Further, the rumoured belief is that they are of the controversial Satoshi Nakamoto.
Satoshi Nakamoto and the mystery revolving him
Satoshi Nakamoto is the pseudonym related to the person or group of persons who designed Bitcoin. The person(s) authorized the White paper. The same individual or the group also devised the first blockchain database. Satoshi Nakamoto is the first to deploy a decentralized virtual currency. He seems to be missing in action since December 2010. Hence, this means he hasn’t spent any of his Bitcoins since then.
There are recent reports of unusual Bitcoin transactions by CryptoPotato. Reports were of the transference of some of the first Bitcoin ever mined. It comes as a surprise as this amount has been passive for over ten years now. Soon there was the discovery, that the transfer wasn’t per the Patoshi pattern making it improbable to be Satoshi Nakamoto. Nevertheless, the market panicked in a few hours.
Another viewpoint of Satoshi Nakamoto not spending his assets could be because he doesn’t have any incentive to use his holdings.
