Craig Wright

Craig Wright confirmed as Bitcoin creator

Australian entrepreneur, inventor and scholar Dr. Craig Wright has confirmed his identity as Satoshi Nakomoto, the inventor of the Bitcoin alternative currency and blockchain technology.

Craig Wright

Dr. Craig Wright, the creator of Bitcoin

“I didn’t take the decision lightly to make my identity public”, says Wright. As he further comments, he couldn’t let the negative speculations spread on the media and affect the future of Bitcoin and the blockchain. Besides the statement, Wright created a blog to cut the speculations and explain how big the potential of the technology really is.

“No doubt that Craig Steven Wright is the person behind the Bitcoin technology, Nakamoto consensus and the Satoshi Nakamoto name”, comments Jon Matonis, director and founder of the Bitcoin Foundation. Wright gave Matonis a private proof session in the end of March.

Nowadays, Bitcoins are widely used as a payment method for many goods and services, including online gaming. It’s estimated, that 15.5 million bitcoins are now in circulation, being worth $449 each.

Bitcoins are now accepted as payment for a vast variety of goods and services – everything from international money transfers to ransoms for data encrypted by computer viruses. There are currently about 15.5 million bitcoins in circulation. Each one is worth about $449 (£306).

Undoubtedly, Bitcoin currency has had a deep impact on the igaming industry. SiGMA15 participants could learn about the technology by attending a panel “Security and payments risks of a gaming operation and the available solutions”, moderated by Marc Kenigsberg from Jamworx.

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