Bitcoin suffers from identity crisis

Then in March, Mr Wright and some of his supporters began hatching a plan to persuade significant bitcoin developers and cryptographers to endorse the Australian as the inventor of the system.

Media deals were cut, PRs and legal advisers hired and exclusive book deals for Mr Wright’s lifestory were being touted. Everyone approached was required to sign legally binding non-disclosure agreements restricting them from revealing Mr Wright’s “secret” until a pre-agreed time.

When I exposed those details and the secrecy surrounding them in an FT Alphaville blog post everything went quiet. There was no declaration. The bitcoin community began to speculate that this story too had been a hoax.

Then news began to emerge from the expert cryptographic community. They described a difficult relationship between Mr Wright and some of his interlocutors, with several who had been approached finding both him and his evidence unconvincing.

Within hours of Mr Wright outing himself as Satoshi last Monday – a claim endorsed by Jon Matonis, a founder of the Bitcoin Foundation, and Gavin Andresen, a key bitcoin developer – forums were abuzz with theories as to why the proofs were not good enough. Critically, they argued, the key Mr Wright had used to identify himself with

Read more ... source: TheBitcoinNews

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