Report: Satoshi Nakamoto lived in London while developing BTC

By: Jinia Shawdagor
Jinia Shawdagor
Jinia is a cryptocurrency and blockchain enthusiast based in Sweden. She loves everything positive, travelling, and extracting joy and… read more.
on Nov 26, 2020
  • Doncho Karaivanov came to this conclusion after evaluating data from multiple sources.
  • According to him, Nakamoto’s use of local colloquialisms hinted at him being a Londoner.
  • Karaivanov also found that Nakamoto’s published materials were UTC timestamped.

Satoshi Nakamoto was allegedly living in London while working on bitcoin (BTC). Doncho Karaivanov, an author at Chain Bulletin, a blockchain media outlet, published this finding in a November 23 report after researching Satoshi’s whereabouts while he was working on BTC. Per Karaivanov, the BTC developer left the crypto scene for good nine years ago. However, he left traces that led to the discovery of his whereabouts while he was working on the top cryptocurrency.

According to the report, the media outlet collated data from different various sources. These include Satoshi’s Bitcointalk account, which has 539 posts, the developer’s 34 emails on cryptography and Bitcoin mailing lists, and his 169 commits on SourceForge. On top of this, Karaivanov also went through the metadata from Bitcoin’s whitepaper versions from 2008 and 2009, the Genesis block, and also from Wayback Machine archives.

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According to the media outlet, the research focused on timestamps from Satoshi’s Bitcointalk posts, SourceForge commits, and emails, which denote 742 activities from 206 separate days. The timestamp starts on October 31, 2008, when he first announced Bitcoin on the cryptography mailing list and ends on December 13, 2010, where he sent his last known email to be UTC timestamped.

Satoshi’s use of local colloquialisms hints at him being a Londoner

Upon evaluating the data, Karaivanov found that the developer’s most likely locations were UK (GMT), US Eastern (EST), US Pacific (PST), Japan (JST), and Australia (AEST). However, the first three locations needed were more probable according to the author.

Explaining why he thought Satoshi Nakamoto was based in London and not the US, Karaivanov noted that Satoshi used regional colloquialisms and word spellings in his publications, which hinted at him being a Londoner. The author noted that The Times heading in the Genesis block was similar to England’s print version of the periodical.

Karaivanov points out that only the print edition of The Times distributed in England used the headline “Chancellor on brink of second bailout for banks”. On the other hand, the online version included the chancellor’s name, whereas the US edition did not contain such a story. After conducting research, the author found that 43% of The Times’ readers are London-based.

In conclusion, Karaivanov said,

“It is impossible to say, with absolute certainty, where Satoshi lived when he was working on Bitcoin – at least not with the available data. However, we can say, with reasonable confidence, that he was located in London. Put together, his writing style, his activity pattern, and the Genesis block message, blatantly points to the capital of England as the most likely candidate.”

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