Friday, 23 April 2021 06:46

Court battle to establish who invented bitcoin given go-ahead Featured

Court battle to establish who invented bitcoin given go-ahead Image by 3D Animation Production Company from Pixabay

A court battle to decide who was the inventor of bitcoin has been given the go-ahead by the London High Court, a Reuters report says.

Australian computer scientist Craig Wright, who has claimed that he is the creator of the cryptocurrency — which has been in the news recently due to its meteoric rise in value — has filed a copyright infringement case against whoever is operating the website.

The court allowed Wright to go ahead even though the owner of the site, known as Cobra, may be living in a third country and has not made any personal details public.

As iTWire reported back in 2019, the domain was registered in August 2008. In October the same year, a paper, titled "Bitcoin: A peer-to-peer electronic cash system" was posted to a cryptography mailing list.

The name of the author was given as Satoshi Nakamoto and he created the bitcoin network in January 2009 when he mined the first block of the chain.

Nakamoto disappeared in 2010 and is estimated to have mined a million bitcoin. The smaller bitcoin unit — one hundred millionth of a single unit — is known as the satoshi.

In 2015, a series of articles in the US websites Wired and Gizmodo named Wright as being Nakamoto. He has registered an American copyright to the bitcoin white paper and the code for bitcoin 0.1. The US Copyright Office awarded the registration to him, according to an announcement on their website in May 2019. However, this did not settle the claim as to who was the inventor.

The Reuters report gave no indication of when the London case would come to trial. It quoted contesting claims by either side, with Cobra saying: "We've been threatened to take down the bitcoin white paper by someone who obviously isn't the inventor of bitcoin (if he was, that would make him the 25th richest person in the world, which he obviously isn't).

"Seems like he's trying to abuse the UK courts to make them try to censor the white paper and harass small websites like us providing education content with his behaviour."

Simon Cohen, a lawyer from the firm Ontier, which represents the UK-based Wright, was quoted as saying: "The case will turn on whether the court is satisfied that Dr Wright did indeed author – and owns the copyright in – the white paper and, therefore, that he is Satoshi Nakamoto."

Please join our community here and become a VIP.

Subscribe to ITWIRE UPDATE Newsletter here
JOIN our iTWireTV our YouTube Community here


It's all about Webinars.

Marketing budgets are now focused on Webinars combined with Lead Generation.

If you wish to promote a Webinar we recommend at least a 3 to 4 week campaign prior to your event.

The iTWire campaign will include extensive adverts on our News Site and prominent Newsletter promotion and Promotional News & Editorial. Plus a video interview of the key speaker on iTWire TV which will be used in Promotional Posts on the iTWire Home Page.

Now we are coming out of Lockdown iTWire will be focussed to assisting with your webinatrs and campaigns and assassistance via part payments and extended terms, a Webinar Business Booster Pack and other supportive programs. We can also create your adverts and written content plus coordinate your video interview.

We look forward to discussing your campaign goals with you. Please click the button below.



iTWire TV offers a unique value to the Tech Sector by providing a range of video interviews, news, views and reviews, and also provides the opportunity for vendors to promote your company and your marketing messages.

We work with you to develop the message and conduct the interview or product review in a safe and collaborative way. Unlike other Tech YouTube channels, we create a story around your message and post that on the homepage of ITWire, linking to your message.

In addition, your interview post message can be displayed in up to 7 different post displays on our the site to drive traffic and readers to your video content and downloads. This can be a significant Lead Generation opportunity for your business.

We also provide 3 videos in one recording/sitting if you require so that you have a series of videos to promote to your customers. Your sales team can add your emails to sales collateral and to the footer of their sales and marketing emails.

See the latest in Tech News, Views, Interviews, Reviews, Product Promos and Events. Plus funny videos from our readers and customers.


Sam Varghese

Sam Varghese has been writing for iTWire since 2006, a year after the site came into existence. For nearly a decade thereafter, he wrote mostly about free and open source software, based on his own use of this genre of software. Since May 2016, he has been writing across many areas of technology. He has been a journalist for nearly 40 years in India (Indian Express and Deccan Herald), the UAE (Khaleej Times) and Australia (Daily Commercial News (now defunct) and The Age). His personal blog is titled Irregular Expression.

Share News tips for the iTWire Journalists? Your tip will be anonymous




Guest Opinion

Guest Interviews

Guest Reviews

Guest Research

Guest Research & Case Studies

Channel News