Inside Satoshi's Circle: Dr. Adam Back Unveils Future of the $1.4 Trillion Blockchain

Satoshi’s First Bitcoin Collaborator Reveals What’s Next For The $1.4 Trillion Blockchain

In a revealing interview with Forbes, Dr. Adam Back, CEO of Blockstream and the first person contacted by Satoshi Nakamoto about Bitcoin, shared insights into his ongoing work to enhance the blockchain's capabilities beyond being merely a store of value. As an influential figure in cryptocurrency development since inventing Hashcash in 1997—a proof-of-work system foundational to Bitcoin mining—Back has been pivotal at Blockstream in creating infrastructure solutions like the Liquid Network. This sidechain facilitates faster transactions and supports digital asset issuance such as stablecoins.

Dr. Back discussed how he initially communicated with Satoshi before Bitcoin was launched, noting that their exchanges were not extensive but significant enough for him to be cited correctly regarding Hashcash references in Satoshi's white paper published around January 2009. He emphasized that discovering who Satoshi is matters less now due to Bitcoin's decentralized nature akin to gold discovery; it functions without needing a central authority or founder.

Bitcoin Could Hit a Six-Figure Price by December, Says Crypto Analyst Michaël van de Poppe

The Daily Hodl reports on crypto analyst Michaël van de Poppe's optimistic forecast for Bitcoin (BTC), predicting its price could soar between $80,000 and $100,000 by year-end if current trends continue favorably above $70K thresholds seen recently despite minor fluctuations from all-time highs earlier this quarter ($73k+). Van De Poppe also anticipates Ethereum might break resistance levels soon after holding steady near support zones (~$2300), potentially reaching over three thousand dollars within weeks ahead given positive market conditions prevailing lately across major altcoin sectors alongside BTC gains expected shortly thereafter.

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