Connect with us

Hi, what are you looking for?

Editor's Pick

Bitcoin White Paper Returns to Bitcoin.org After Craig Wright Fails to Prove He is Nakamoto

The Bitcoin white paper has made its way back to the Bitcoin.org website following Craig Wright’s unsuccessful attempt to prove his identity as Satoshi Nakamoto, the pseudonymous creator of the Bitcoin protocol.

Hennadii Stepanov, the maintainer of Bitcoin.org, announced the return of the white paper by sharing a link to the PDF on platform X.

Earlier, Bitcoin.org faced legal constraints that forced it to limit access to the white paper for users based in the United Kingdom.

Instead, a powerful quote from Satoshi Nakamoto adorned the site, emphasizing the nature of information as being easy to spread but hard to stifle.

bitcoin.pdf is back on Bitcoin Core’s domain https://t.co/rGnLOXrSvc

— Norbert (@bitnorbert) May 23, 2024

Wright Won Copyright Infringement Case Against Cobra


In 2021, Craig Wright managed to win a copyright infringement lawsuit against Cobra, the anonymous group operating the website.

As a result, Bitcoin.org was compelled to remove the white paper PDF, and Cobra, opting not to mount a defense, had to pay £35,000 ($40,100) in legal fees.

Wright had previously filed for United States copyright registration for the Bitcoin white paper in 2019.

Taking his legal actions further, in 2023, Wright filed lawsuits against 13 Bitcoin Core developers and several companies, including Blockstream, Coinbase, and Block, alleging copyright violations related to the white paper, its file format, and database rights to the Bitcoin blockchain.

The Bitcoin Legal Defense Fund responded, highlighting the concerning trend of abusive lawsuits targeting prominent Bitcoin contributors.

These lawsuits not only introduce significant time, stress, and expenses but also pose legal risks that discourage open development.

However, Wright’s copyright victory has lost its significance as his claims of being Satoshi Nakamoto and the author of the white paper have been thoroughly discredited, rendering his copyright claim invalid.

A detailed ruling came about as a result of a case brought against Wright by the Crypto Open Patent Alliance (COPA), a coalition of prominent companies aiming to prevent Wright from asserting ownership over Bitcoin’s core intellectual property.

COPA accused Wright of engaging in an elaborate scheme of forgery and deceit to fabricate evidence supporting his claim as Nakamoto.

Furthermore, a United Kingdom court froze Craig Wright’s assets worth £6.7 million ($8.4 million) to ensure he doesn’t evade the payment of court expenses.

With the Bitcoin white paper now falling under an MIT open-source license, it is freely available for anyone to reuse and modify the code for any purpose.

Nakamoto May be a Collective Entity


Meanwhile, a recent investigation provided evidence to suggest that Nakamoto may actually be a collective entity.

One piece of evidence is the usage of both “we” and “I” in the Bitcoin white paper, indicating the possibility of a team operating under a singular pseudonym.

Another piece of evidence comes from the linguistic analysis of Nakamoto’s writings.

The white paper showcases impeccable English with precise language and accurate usage of technical terms.

However, since Nakamoto’s writing style appears to be different in forums and email correspondences, this suggests multiple individuals were involved.

The post Bitcoin White Paper Returns to Bitcoin.org After Craig Wright Fails to Prove He is Nakamoto appeared first on Cryptonews.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

You May Also Like

Economy

The Supreme Court seemed to signal interest this week in taking up a challenge launched by Hawaii against big oil companies to hold them...

Investing

WASHINGTON — Former President Donald Trump failed to impress everyone in a room full of top CEOs Thursday at the Business Roundtable’s quarterly meeting, multiple attendees told...

Top News

Former independent presidential candidate Robert F. Kennedy Jr. is back in the headlines — not for suspending his campaign last week and endorsing Republican...

Stock

Boeing’s spaceflight program may reach a significant milestone Monday night with the launch of its Starliner spacecraft, carrying — at long last — two...

Disclaimer: InvestorsOnRetire.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2024 InvestorsOnRetire. All Rights Reserved.