Satoshi Nakamoto, the anonymous creator of Bitcoin, probably had another name in mind for this digital currency at first, according to new findings by a researcher.
To Report Cointelegraph, when starting a new service or business, choosing a suitable name is often one of the most challenging decisions for the founders of that project. The records of the purchased domains show that Satoshi Nakamoto had an alternative naming option in mind for this digital currency, which never made it to the Bitcoin White Paper.
The “Bitcoin.org” domain, which is dedicated to the main website of this digital currency, was registered for the first time on August 18, 2008 (28 August 2008) using the Anonymous Speech service. Anonymous Speech is a Japanese service that allows its users to purchase internet domains anonymously. Records of domains purchased near the date of Bitcoin.org’s registration on Anonymous Speech show that Netcoin.org was purchased just one day before Bitcoin.org was registered.
Or Weinberger, the researcher who collected the information, says that until now, before someone else bought Netcoin.org, no content was placed on the domain.
The choice of the title “Bitcoin” has probably been influential in the success of this digital currency and the blockchain network; Because a large number of members of the digital currency community have expressed their disinterest in the name of Netcoin in response to Weinberger’s tweet regarding this story.
For example, one user wrote:
It is very interesting. I’m glad they chose the title Bitcoin. [این نام] It looks much better.
These findings go a long way in helping the Bitcoin community distance themselves from people who in the past have identified themselves as Satoshi Nakamoto without any credible evidence. The Netcoin.org domain was removed at some point and re-registered in 2010 in one of the “Web.com” subcategories.
Despite the mystery surrounding the Bitcoin creation process, the asset continues to dominate the financial markets. Data from BitPay also confirms that despite the extreme fluctuations in the price of Bitcoin, this digital currency is still the most popular payment instrument on this platform.
Merrick Theobald, Vice President of BitPay Service Marketing, said that the share of Bitcoin-based sales from the total payments of this platform in the first quarter of 2022 was 52%.