50 BTC from a block mined in February 2009 is moving. It is the first batch of Bitcoin to move from the Satoshi generation in many years. But, three key data points show it was not Satoshi who moved approximately $470,000 in BTC.
The three data sets are: the absence of a “Patoshi pattern,” it is not a known Satoshi address, and there were other miners mining at that time other than Satoshi.
Data #1: The Patoshi pattern of Early Bitcoin Blocks
Researchers found that using a “nonce identifier,” the pattern of blocks mined by Satoshi Nakamoto can be identified.
Early blocks by Satoshi are known to have a Patoshi pattern. The absence of such a pattern indicates that the blocks weren’t mined by Satoshi.
While the pattern itself is largely technical and is debated among researchers, it shows that block 3,654 was not mined by Satoshi.
Luke has had a long interest in financial technology, especially cryptocurrency and blockchain. With a Bachelors degree in Journalism and Media, Luke is dedicating his writing skills for the digital currency sphere.He can be contacted at email@example.com