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Crypto Terms:  Letter D

Who is Dorian Nakamoto?

Meaning:
Dorian Nakamoto - is a Japanese-American engineer who some believe is Satoshi Nakamoto, the creator of Bitcoin.
medium
2 minutes

Let's find out Dorian Nakamoto meaning, definition in crypto, who is Dorian Nakamoto, and all other detailed facts.

The attempt to reveal Bitcoin’s founder took the next step when in March of 2015, Newsweek identified Dorian Nakamoto as Satoshi Nakamoto.

The article was written by Leah McGrath Goodman, and the main indicator that supposedly had to support his claim is Dorian’s birth name, which is Satoshi Nakamoto. To deepen the Satoshi narrative, Dorian Nakamoto lived in Temple City, CA, just a few blocks from prime Satoshi suspect Hal Finney.

Moreover, for a long time, Dorian was seen as the fittest candidate for being the real creator of the cryptocurrency for the absence of denial when he was given questions regarding Bitcoin.

However, later on, Dorian then dismissed all allegations, claiming that he had never known of Bitcoin before that moment in his interview and that his response to Goodman's inquiry was a misunderstanding.

To be exact, he previously said: “I am no longer involved in that and I cannot discuss it. It’s been turned over to other people. They are in charge of it now. I no longer have any connection.”

In fact, Dorian stated that he misunderstood Goodman’s question as being linked to his work in the military, and after that, he indicated that it was his work on Citibank that he thought Goodman was asking about. Interestingly enough, on the same day, the real Satoshi’s P2P Foundation account had posted the very first comment saying “I am not Dorian Nakamoto.”

His daughter stated that Nakamoto was fired twice from jobs in the 1990s, which led him to become a libertarian. Later, he advised his daughter to start her own business so she would be "not under the control of the government."

In addition, the publication of an image of Nakamoto's house was the magazine's worst misstep. A quick picture search might readily disclose where it is. While many people did not think Dorian Nakamoto was the creator of Bitcoin, the crypto community was outraged that his anonymity had been breached.

Speaking of which, Dorian Nakamoto still managed to gain profit from the situation when an online campaign raised approximately 100 bitcoins on his behalf. Moreover, it was a way of the community saying “thanks”.

interoperability between multiple different blockchain networks. Kusama is Polkadot&rsquo;s <strong>canary network<\/strong>, an <strong>operational blockchain<\/strong> with a <strong>defined token supply<\/strong>.<\/p>\n<p>Dotsama has become a widely used crypto slang when talking about the two systems at once. It is used on Polkadot and Kusama community platforms, as well as various social media.<\/p>","definition":"a crypto portmanteau used to describe the Kusama and Polkadot ecosystems.","status":"published","meta_title":"What is DotSama? Definition & Meaning | Crypto Wiki","meta_description":"DotSama meaning: DotSama - a crypto portmanteau used to describe the Kusama and Polkadot ecosystems.","meta_keywords":null}" :prev-section="{"id":287,"wikipedia_url":"https:\/\/en.wikipedia.org\/wiki\/Dominance_(economics)","level":"easy","author_id":1,"created_at":"2023-06-19T06:58:59.000000Z","updated_at":"2024-01-06T15:29:58.000000Z","slug":"what-is-dominance","title":"What is Dominance?","section":"D","keyword":"Dominance","content":"<p><strong>The dominance measurement is aimed at showcasing the initial structure of <a href=https://www.bitdegree.org/"//crypto//buy-bitcoin-btc/">Bitcoin to the cryptocurrency market, and to emphasizing its far superior worth as opposed to other digital currencies.<\/strong><\/p>\n<p>In fact,<strong> the Bitcoin Dominance Index<\/strong> is offered by <strong>CoinMarketCap,<\/strong> and it keeps an eye on Bitcoin&rsquo;s total market capitalization connected to the total market cap of all virtual assets.<\/p>\n<p>Nevertheless, investors should be cautious about a few aspects when negotiating<strong> the Bitcoin Dominance Index<\/strong>. For instance, there is an outgoing debate about the utilization of the market cap as a measuring tool.<\/p>\n<p>The debate originates from the large percentage of Bitcoin that is inactive such as coins that are languishing in abandoned or lost <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-wallet/">wallets. This is an issue that becomes worse every time there is a significant price rise and new, inexperienced investors buy coins and then forget about them.<\/p>\n<p>According to some, <strong>about 30% of all Bitcoin coins mined have high levels of dormant<\/strong>, and this makes the market cap a possibly untrustworthy measurement tool.<\/p>\n<p>There are other initiatives aiming to challenge Bitcoin's supremacy, some of which include <strong><a href=https://www.bitdegree.org/"//crypto//buy-ethereum-eth/">Ethereum, which provides more complex uses for blockchain technology than the production of currencies that just hold value. Nonetheless, Bitcoin's market capitalization is a great indication of <strong>the massive and ever-changing magnitude of the world's largest cryptocurrency, as well as its significance in relation to other cryptocurrencies.<\/strong><\/p>\n<p>Also, the Bitcoin Dominance Index is utilized by traders to track the viewpoint within the crypto market. Without a doubt, the market cap of Bitcoin is an essential tool of indicating how investors are thinking. But Bitcoin price <strong>fluctuations<\/strong> are usually expressive of shifts in sentiment throughout the bigger crypto market.<\/p>\n<p>This means that the Bitcoin Dominance Index can provide information that may be relevant to <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-altcoin/">altcoins as well.<\/p>","definition":"is a measure of Bitcoin\u2019s worth in the major cryptocurrency market.","status":"published","meta_title":"What is Dominance? Definition & Meaning | Crypto Wiki","meta_description":"Dominance meaning: Dominance - is a measure of Bitcoin\u2019s worth in the major cryptocurrency market.","meta_keywords":null}" :model="{"id":288,"wikipedia_url":"https:\/\/en.wikipedia.org\/wiki\/Dorian_Nakamoto","level":"medium","author_id":1,"created_at":"2023-06-19T06:58:59.000000Z","updated_at":"2023-11-17T12:48:13.000000Z","slug":"who-is-dorian-nakamoto","title":"Who is Dorian Nakamoto?","section":"D","keyword":"Dorian Nakamoto","content":"<p><strong>The attempt to reveal Bitcoin&rsquo;s founder took the next step when in March of 2015, Newsweek identified Dorian Nakamoto as <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//who-is-satoshi-nakamoto/">Satoshi Nakamoto<\/a>.<\/strong><\/p>\n<p>The article was written by Leah McGrath Goodman, and the main indicator that supposedly had to support his claim is Dorian&rsquo;s birth name, which is Satoshi Nakamoto. To deepen the Satoshi narrative, Dorian Nakamoto lived in Temple City, CA, just a few blocks from prime Satoshi suspect <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//who-is-hal-finney/">Hal Finney<\/strong><\/a>.<\/p>\n<p>Moreover, for a long time, Dorian was seen as the fittest candidate for being the real creator of the cryptocurrency for the absence of denial when he was given questions regarding <strong><a href=https://www.bitdegree.org/"//crypto//buy-bitcoin-btc/">Bitcoin./n

However, later on, Dorian then dismissed all allegations, claiming that he had never known of Bitcoin before that moment in his interview and that his response to Goodman's inquiry was <strong>a<\/strong> <strong>misunderstanding.<\/strong><\/p>\n<p>To be exact, he previously said: <strong>&ldquo;I am no longer involved in that and I cannot discuss it. It&rsquo;s been turned over to other people. They are in charge of it now. I no longer have any connection.&rdquo;<\/strong><\/p>\n<p>In fact, Dorian stated that he misunderstood Goodman&rsquo;s question as being linked to his work in the military, and after that, he indicated that it was his work on Citibank that he thought Goodman was asking about. Interestingly enough, on the same day, <strong>the real Satoshi&rsquo;s P2P Foundation account<\/strong> had posted the very first comment saying <strong>&ldquo;I am not Dorian Nakamoto.&rdquo;<\/strong><\/p>\n<p>His daughter stated that Nakamoto was fired twice from jobs in the 1990s, which led him to become a libertarian. Later, he advised his daughter to start her own business so she would be <strong>\"not under the control of the government.\"<\/strong><\/p>\n<p>In addition, the publication of an image of Nakamoto's house was the magazine's worst misstep. A quick picture search might readily disclose where it is. While many people did not think Dorian Nakamoto was the creator of Bitcoin, the crypto community was outraged that his anonymity had been breached.<\/p>\n<p>Speaking of which, Dorian Nakamoto still managed to gain profit from the situation when <strong>an online campaign raised approximately 100 bitcoins on his behalf<\/strong>. Moreover, it was a way of the community saying &ldquo;thanks&rdquo;.<\/p>","definition":"is a Japanese-American engineer who some believe is Satoshi Nakamoto, the creator of Bitcoin.","status":"published","meta_title":"Who is Dorian Nakamoto? Definition & Meaning | Crypto Wiki","meta_description":"Dorian Nakamoto meaning: Dorian Nakamoto - is a Japanese-American engineer who some believe is Satoshi Nakamoto, the creator of Bitcoin.","meta_keywords":null,"author":{"id":1,"user_id":1,"created_at":"2023-05-03T14:30:55.000000Z","updated_at":"2023-05-11T07:18:20.000000Z","title":"Editor-In-Chief","slug":"aaron-s-editor-in-chief","description":"<p>Having completed a Master&rsquo;s degree on Economics, Politics &amp; Culture for the East Asia region, Aaron has written scientific papers with a comparative analysis of the differences between US&rsquo; Western and Japan&rsquo;s Collective forms of capitalism, 1945-2020.<\/p>\n<p>With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He&rsquo;s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.<\/p>\n<p>Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain &amp; Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.<\/p>\n<p>Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.<\/p>","user":{"id":1,"first_name":"Aaron","last_name":"S.","email":"aaron@bitdegree.org","email_sanitized":"aaron@bitdegree.org","email_verified_at":"2023-12-01T09:40:20.000000Z","must_verify_email":false,"is_registered_with_wallet":false,"status":"active","country":"LT","last_connected_ip":"88.119.132.125","image_id":2641,"referral_token":"05TMu2NysXOCn525","referred_by":null,"created_at":"2023-05-03T14:30:55.000000Z","updated_at":"2024-01-09T15:22:21.000000Z","full_name":"Aaron S."}}}" :chapter-list="[{"id":1,"title":"Blockchain","slug":"blockchain","updated":null,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-blockchain.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/blockchain-101.jpg","rating":100,"sections":[{"chapter_id":1,"order":1,"slug":"what-is-blockchain","title":"What is the Blockchain?","status":"published","modified_content":null},{"chapter_id":1,"order":2,"slug":"decentralized-blockchain","title":"Anonymous & Decentralized Blockchains: The Cornerstone of Crypto","status":"published","modified_content":null},{"chapter_id":1,"order":3,"slug":"blockchain-transaction","title":"What is a Blockchain Transaction in Crypto?","status":"published","modified_content":null},{"chapter_id":1,"order":4,"slug":"crypto-fees","title":"The Different Types of Crypto Fees Explained","status":"published","modified_content":null},{"chapter_id":1,"order":5,"slug":"what-is-bridging-in-crypto","title":"The Key Notion Behind the Concept of Bridging in Crypto","status":"published","modified_content":null},{"chapter_id":1,"order":6,"slug":"types-of-blockchains","title":"Different Types of Blockchains: What to Look Out For?","status":"published","modified_content":null}]},{"id":2,"title":"Cryptocurrencies","slug":"cryptocurrencies","updated":null,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-cryptocurrencies.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/cryptocurrencies-101.jpg","rating":100,"sections":[{"chapter_id":2,"order":1,"slug":"what-is-a-cryptocurrency","title":"What is a Cryptocurrency?","status":"published","modified_content":null},{"chapter_id":2,"order":2,"slug":"how-does-cryptocurrency-work","title":"How Does Cryptocurrency Work?","status":"published","modified_content":null},{"chapter_id":2,"order":3,"slug":"is-cryptocurrency-a-good-investment","title":"Is Cryptocurrency a Good Investment? The Pros & Cons","status":"published","modified_content":null},{"chapter_id":2,"order":4,"slug":"coin-vs-token","title":"Coin VS Token: How Do They Differ?","status":"published","modified_content":null},{"chapter_id":2,"order":5,"slug":"what-are-stablecoins","title":"What are Stablecoins, Altcoins & Wrapped Coins?","status":"published","modified_content":null},{"chapter_id":2,"order":6,"slug":"what-is-a-bitcoin","title":"Bitcoin: the Pioneer of the Crypto World","status":"published","modified_content":null},{"chapter_id":2,"order":7,"slug":"what-is-ethereum","title":"The Ultimate Blockchain for dApp Creation: Ethereum","status":"published","modified_content":null},{"chapter_id":2,"order":8,"slug":"what-is-cardano-in-crypto","title":"What is Cardano and What is It Used For?","status":"published","modified_content":null},{"chapter_id":2,"order":9,"slug":"what-is-shiba-inu-coin","title":"Shiba Inu: the Dogecoin 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Standards","status":"published","modified_content":null},{"chapter_id":3,"order":5,"slug":"how-to-buy-crypto","title":"From Fiat to Crypto: How to Buy Crypto for the First Time","status":"published","modified_content":null},{"chapter_id":3,"order":6,"slug":"fiat-to-crypto","title":"Taking Profits: Turning Crypto Into Fiat","status":"published","modified_content":null},{"chapter_id":3,"order":7,"slug":"how-to-use-crypto","title":"You\u2019ve Got Crypto: What Can You Do With It?","status":"published","modified_content":null}]},{"id":4,"title":"Crypto Wallets","slug":"crypto-wallets","updated":false,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-crypto-wallets.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/crypto-wallets-101.jpg","rating":80,"sections":[{"chapter_id":4,"order":1,"slug":"what-is-a-crypto-wallet","title":"What is a Crypto Wallet?","status":"published","modified_content":null},{"chapter_id":4,"order":2,"slug":"hot-wallet-vs-cold-wallet","title":"Hot Wallet VS Cold Wallet: Which One to Pick?","status":"published","modified_content":null},{"chapter_id":4,"order":3,"slug":"non-custodial-wallet","title":"What are Non-Custodial Crypto Wallets?","status":"published","modified_content":null},{"chapter_id":4,"order":4,"slug":"what-is-metamask","title":"Metamask: The Leading Non-Custodial Wallet","status":"published","modified_content":null},{"chapter_id":4,"order":37,"slug":"how-safe-is-cryptocurrency","title":"The Key Crypto Wallet Safety Practices: How Safe Can Crypto Be?","status":"published","modified_content":null}]},{"id":5,"title":"NFTs","slug":"nfts","updated":null,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-nfts.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/nfts-101.jpg","rating":100,"sections":[{"chapter_id":5,"order":2,"slug":"how-to-trade-nfts","title":"NFT Trading: The Ins and Outs","status":"published","modified_content":null},{"chapter_id":5,"order":3,"slug":"buying-nft","title":"Tips and Tricks of Choosing the Right NFTs","status":"published","modified_content":null},{"chapter_id":5,"order":4,"slug":"how-to-store-nft","title":"How to Store NFTs: Best Practices","status":"published","modified_content":null},{"chapter_id":5,"order":5,"slug":"how-to-create-an-nft","title":"How to Create Your Own NFTs?","status":"published","modified_content":null},{"chapter_id":5,"order":6,"slug":"how-to-make-passive-money-with-nft","title":"Making Passive Money with NFTs","status":"published","modified_content":null}]},{"id":6,"title":"dApps & Defi","slug":"dapps-and-defi","updated":true,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-dapps.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/dapps-defi-101.jpg","rating":80,"sections":[{"chapter_id":6,"order":1,"slug":"what-are-nfts","title":"What are Non-Fungible Tokens (NFTs)?","status":"published","modified_content":null},{"chapter_id":6,"order":1,"slug":"what-is-defi","title":"What is Decentralized Finance (DeFi)?","status":"published","modified_content":null},{"chapter_id":6,"order":2,"slug":"what-is-defi-2-0","title":"DeFi 2.0: The New Version of Decentralized Finance","status":"published","modified_content":null},{"chapter_id":6,"order":3,"slug":"what-are-dapps-in-crypto","title":"What Are dApps and How Do They Work?","status":"published","modified_content":null},{"chapter_id":6,"order":4,"slug":"defi-dapps","title":"Picking the Right dApps: Dos and Don'ts","status":"published","modified_content":null},{"chapter_id":6,"order":5,"slug":"what-is-web-3-0","title":"Web 3.0: The Future of the Internet","status":"published","modified_content":null},{"chapter_id":6,"order":6,"slug":"what-are-smart-contracts","title":"What is the Core Purpose of Smart Contracts?","status":"published","modified_content":null},{"chapter_id":6,"order":7,"slug":"what-is-a-dao-in-crypto","title":"The Notion of a Decentralized Autonomous Ogranization (DAO)","status":"published","modified_content":null},{"chapter_id":6,"order":8,"slug":"what-is-staking-in-crypto","title":"What is the Goal of Staking Crypto Assets?","status":"published","modified_content":null},{"chapter_id":6,"order":9,"slug":"what-is-liquidity-pool-in-crypto","title":"What is a Liquidity Pool and How Does It Work?","status":"published","modified_content":null},{"chapter_id":6,"order":10,"slug":"what-is-automated-market-maker","title":"Automated Market Maker: the Cornerstone of the Decentralized Crypto Exchange Industry","status":"published","modified_content":null},{"chapter_id":6,"order":11,"slug":"what-is-yield-farming-in-crypto","title":"The Main Yield Farming 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Cryptocurrencies?","status":"published","modified_content":null},{"chapter_id":7,"order":2,"slug":"how-to-invest-in-crypto","title":"Investing in Crypto: What Investing Options Do You Have?","status":"published","modified_content":null},{"chapter_id":7,"order":3,"slug":"ico-vs-ido","title":"ICO vs IDO vs IEO: Which One is the One?","status":"published","modified_content":null},{"chapter_id":7,"order":4,"slug":"what-is-an-airdrop","title":"What are Crypto Airdrops and How to Get Them?","status":"published","modified_content":null},{"chapter_id":7,"order":5,"slug":"how-to-get-free-crypto","title":"How to Get Free Crypto Assets?","status":"published","modified_content":null},{"chapter_id":7,"order":6,"slug":"how-to-arbitrage-crypto","title":"What is Crypto Arbitrage: The Main Principles","status":"published","modified_content":null},{"chapter_id":7,"order":7,"slug":"what-is-a-perpetual-contract","title":"Perpetual Contracts: Futures Contracts Without an Expiration Date","status":"published","modified_content":null},{"chapter_id":7,"order":8,"slug":"what-is-fud","title":"What is FUD: How to Use It to Your Advantage While Investing in Crypto?","status":"published","modified_content":null},{"chapter_id":7,"order":9,"slug":"investing-in-cryptocurrency","title":"Investing in Cryptocurrency: How to Manage Your Risks?","status":"published","modified_content":null},{"chapter_id":7,"order":10,"slug":"what-is-a-rug-pull-in-crypto","title":"What is a Rug Pull in Crypto?","status":"published","modified_content":null},{"chapter_id":7,"order":11,"slug":"how-to-avoid-rug-pulls-in-crypto","title":"How to Spot and Avoid Rug Pulls?","status":"published","modified_content":null},{"chapter_id":7,"order":12,"slug":"how-to-avoid-crypto-taxes","title":"The Key Legal Techniques of Avoiding Crypto Taxes","status":"published","modified_content":null}]},{"id":8,"title":"Crypto Analysis","slug":"crypto-analysis","updated":null,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-crypto-analysis.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/crypto-analysis-101.jpg","rating":100,"sections":[{"chapter_id":8,"order":1,"slug":"what-is-bullish-and-bearish","title":"Bearish and Bullish Markets: Do They Matter?","status":"published","modified_content":null},{"chapter_id":8,"order":2,"slug":"best-technical-analysis-indicators-for-crypto","title":"5 Best Crypto Technical Analysis Indicators You Must Know About","status":"published","modified_content":null},{"chapter_id":8,"order":3,"slug":"what-is-candlesticks","title":"Technical Analysis: What are Candlesticks, Trendlines, and Patterns?","status":"published","modified_content":null},{"chapter_id":8,"order":4,"slug":"how-to-track-new-crypto-coins","title":"Crypto Tracking: How to Track Your Favorite Coins & Tokens?","status":"published","modified_content":null},{"chapter_id":8,"order":5,"slug":"how-to-research-crypto","title":"Crypto Research Fundamentals & Social Signals: Your Daily Trading Strategy","status":"published","modified_content":null},{"chapter_id":8,"order":46,"slug":"portfolio-diversification-definition","title":"Portfolio Diversification: The Whats, the Whys, and the Hows","status":"published","modified_content":null}]},{"id":9,"title":"Mining","slug":"mining","updated":false,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-crypto-mining.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/crypto-mining-101.jpg","rating":80,"sections":[{"chapter_id":9,"order":1,"slug":"what-is-crypto-mining","title":"Crypto Mining: What It is and How Does It Work?","status":"published","modified_content":null},{"chapter_id":9,"order":2,"slug":"what-is-a-mining-pool","title":"Mining Pools: Is Collective Mining Better Than Solo Mining?","status":"published","modified_content":null},{"chapter_id":9,"order":3,"slug":"what-is-staking-crypto","title":"An Advanced Look into What is Staking Crypto","status":"published","modified_content":null},{"chapter_id":9,"order":4,"slug":"what-is-proof-of-stake-vs-proof-of-work","title":"Proof-of-Work VS Proof-of-Stake: The Differences That Matter","status":"published","modified_content":null},{"chapter_id":9,"order":5,"slug":"what-is-crypto-mining-rig","title":"Crypto Mining Rig: What It is and How to Build One?","status":"published","modified_content":null}]},{"id":10,"title":"Crypto Terms","updated":false,"chapter":"crypto\/assets\/crypto-book\/chapters\/crypto-101-glossary.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/crypto-glossary-101.jpg","rating":100,"sections":["A","B","C","D","E","F","G","H","I","J","K","L","M","N","O","P","Q","R","S","T","U","V","W","X","Y","Z"]}]" current-chapter="D" current-section="who-is-dorian-nakamoto">