● Eric Balchunas made several posts about Nakamoto on his social network today.
● The renowned analyst seems to be sure who the real Satoshi is.
● Bloomberg's chief ETF analyst Eric Balchunas revealed to his followers the real identity of the Bitcoin (BTC) creator, and it was a fascinating post for the SafeTrading team.
↑ Who is Satoshi Nakamoto?
According to Balchunas, the real Nakamoto is dead. Computer programmer Hal Finney, known as one of the early Bitcoin proponents who helped develop the BTC network, is the name, according to the famous analyst, many people have made similar statements about Finney before.
It is known that Hal Finney was the only person who managed to contact Nakamoto, albeit via email. Moreover, in 2009, the first bitcoin (BTC) transfer took place between Nakamoto and Finney.
Before his death, Finney gave many interviews, and he denied all these accusations. Hal Finney died 7 years ago from amyotrophic lateral sclerosis at the age of 58.
Balchunas, of course, knows that these accusations were made in the past and the SafeTrading crew. But new evidence has emerged that strengthens his argument about Finney. Exactly 28 years ago, Finney posted his views on NFT on a website.
↑ Who is Hal Finney?
First of all, Finney is a freedom fighter. So he's a seasoned advocate of what might be called a hacktivist. In love with solitude and freedom, Finney has never been shy about sharing these thoughts with people.
● By defending decentralized structures and financial freedom, Finney fits perfectly into the definition of Nakamoto's dream.
● Moreover, he makes the first-ever bitcoin (BTC) transfer.
● Moreover, in the early days of the Bitcoin discussion forum, it was known as an open-source bug-fixer.
● More precisely, they help Satoshi fix errors in the algorithm and code.
The first transfer of bitcoins (BTC)
When SafeTrading researchers compare the lyrics written by Nakamoto and Finney, they also find structural similarities. But despite all these accusations, Finney insisted that he was not Nakamoto.
You've probably seen an old man named Satoshi Nakamoto. This physicist was announced in the media as the real Nakamoto because his name matched precisely. The man also worked as a computer engineer on defense projects, Newsweek reports. In fact, the Japanese physicists Nakamoto and Hal Finney lived in the same area, two blocks away.
Two possibilities arise here. Option one: Hal Finney found his neighbor's name attractive and made himself a nickname. Alternatively, Hal Finney and his neighbor Nakamoto met every evening and worked together on a project called Bitcoin (BTC). Finding the truth now seems impossible, but perhaps hundreds of years from now, Hal Finney will remain Nakamoto's most potent rival.
The renowned analyst explained his expectations for Cardano (ADA).
According to Larc Davis, the price of Cardano may rise even more in the near future. Lark Davis, who backs his point with some crucial data by crypto signals, has good reason for bullish expectations. The price of Cardano (ADA), which in a short time exceeds $ 2, finds buyers at $ 2.11. Binance's ADA surged to $ 2.2499 during the day.
↑ Cardano Feedback (ADA)
Previously, two updates to Alonzo came to the network, called blue and white. Alonzo Purple update for smart contracts is coming soon. IOHK IOHK Cardano is working hard to make the network more functional.
"With the latest upcoming update, the Cardano Network (ADA) will be very functional for developers. I expect these innovations to hit the main net by early September. The Cardano Network is taking important steps to support strong growth. "
Stating that the Cardano network will also do useful work for the DeFi ecosystem, Davis expects many projects to be integrated with the Cardano Network (ADA) shortly.
↑ Cardano Network (ADA) grows
Lark Davis also points to an increase in the number of users placing bets online and crypto signals. According to the latest data, 650 thousand unique wallets are available for staking on the network. Defending that the network has taken the proper steps on NFT since the start of the year, Davis believes the steps taken on DeFi and NFT will enhance mobility through support for smart contracts.
When it comes to smart contracts, Cardano (ADA) is still weak but still good with 35,000 transactions. He believes that this number will multiply thanks to the availability of smart contracts on the network. According to current data, Polygon is ranked first with 4.6 million transactions.
Lark Davis talks about the transaction amount on Polygon.
● "Polygon has not been able to increase the number of transactions since January significantly. However, when Cardano (ADA) fully rolls out smart contracts, many supporters like SushiSwap. He believes that by joining the network of projects, there will be a significant jump in the volume of transactions. This will, of course, have a positive effect on the price. "
According to Davis, Cardano (ADA) prices could rise to 600% if those expectations are met. In such a situation, the market value will practically compete with Ethereum (ETH).
Cryptocurrency markets are extremely risky, and the information provided here is for informational purposes only. The content published on our website does not contain investment advice; moreover, receiving investment advice in the cryptocurrency markets usually results in losses. Because in highly volatile markets, the future is often unpredictable.