- Schwartz casually suggests that Satoshi could have had XRP. The statement ignited debates for years following the original.
- The court transcript revives the theory that Nakamoto and Schwartz are linked, but there is no evidence.
The recent release of screenshots taken from the 2023 SEC/Ripple session has sparked new speculations about who Bitcoin’s true creator is. Ripple Some have speculated for years that CTO David Schwartz is behind the pseudonym Satoshi NakamotoA comment made by during the session has now been brought to light.
This transcript is available in English. posted Schwartz makes a surprise comment in this tweet by @XrpHodL_. “Toshi, the original creator, probably held an enormous amount of XRP at that time.” It was a reference to 2017. Although it was not in relation to the original question, this statement caught the eye and attention of many cryptocurrency experts.
Schwartz responded to a question from the court asking if Bitcoin’s system was comparable to Ripple. Although his response didn’t directly answer the question, it did introduce a narrative that Satoshi may have been holding XRP—Ripple’s native token.
Schwartz’s Old Quote Resurfaces — Hayden Says “You’re Satoshi”
Tiffany Hayden responded in a different X thread shortly after the re-emergence of the transcript. “I just wanted everyone to know that you’re definitely Satoshi,” She wrote. Schwartz did not reply to the thread.
Schwartz has denied being Nakamoto. Schwartz has acknowledged his contribution to the Bitcoin In the early 2010, he claimed that he had made modifications to code. Blockstream CEO Adam Back, and Hal Finney have both denied that they are the creator.
Schwartz, Arthur Britto, and Jealeb McCaleb began developing the XRP Ledger shortly after Nakamoto left. Nakamoto said in 2011 he planned to “move on to other things.” The next year. XRP Ledger Ripple launched its platform, which later became the basis of Ripple.
Nakamoto Exit, Schwartz Emergence — 2011 Timeline Fuels Theories
The timing of the events has been noted by observers. Nakamoto abandoned the Bitcoin Project in 2011. Schwartz also began publicly working in 2011 on a number of new crypto-projects, which would eventually become XRP. It is possible that the events overlapped, keeping this rumor unproven but alive.
Schwartz’s testimony in court, and even the coincidental time line haven’t proven he is Nakamoto. These comments add nothing but speculation, and are not backed up by any facts.
XRP was priced at $0.01 as of the date this article was written. $2.22Down 0.48% The trading volume dropped by 48.33% in the last 24-hours. Now at $1.65billion, trading volume has dropped by 48.33%. This return has caused some controversy, although it has not led to an increase in price.
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Source: www.crypto-news-flash.com
