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Satoshi is very unlikely to spend 1.1 million bitcoins

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Since the beginning of the flagship cryptocurrency, the creator of Bitcoin is highly unlikely to use his bitcoin, which has been dormant since 2009.

The Patoshi model exposed the privacy flaws of the earlier protocol v.01 to show evidence of blocks designed by Satoshi Nakamoto.

According to Sergio Demian Lerner, a Patoshi Pattern researcher, the creator of Bitcoin is highly unlikely to use his BTC. Since the beginning of the flagship cryptocurrency, BTC has been dormant since 2009.

Sergio Demian said:

“Assuming Satoshi is Patoshi, I believe, based on the history of Satoshi coins, that Satoshi won’t use his coins ever. Therefore, I think that there couldn’t be a fairer and a more philanthropic way for Bitcoin to be born.”

What you need to know about Satoshi Nakamoto:

Bitcoin was created in 2008 by an unidentified individual or group using Satoshi Nakamoto in 2008. The source code is released as open source code. Digital coins (BTC) were created to reward the mining process.

Last month, Bitcoin investors and traders cited the Patoshi model concept, attributing the “50” BTC dug up early last month to the anonymous creator of the cryptocurrency.

Sergio Demian Lerner downplayed this assumption, explaining that the 50 BTC block caused an external block mined using the Patoshi model to fall.

The Patoshi model depends on the assumption that Satoshi Nakamoto mines at the beginning of Bitcoin to confirm its concept and uses Bitcoin code v.01 for mining.

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