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A Look at One of Crypto’s Greatest Mysteries — Bytecoin’s Alleged Premine and the Puzzling Nicolas Van Saberhagen, and Cryptonote Team – Featured Bitcoin News

A Look at One of Crypto’s Greatest Mysteries — Bytecoin’s Alleged Premine and the Puzzling Nicolas Van Saberhagen, and Cryptonote Team

When Bitcoin first launched, the community was extremely small and it slowly grew during the first two years until the project’s creator, Satoshi Nakamoto, left the community for good. During the early years encompassing the world of cryptocurrencies, a number of anonymous individuals like Sunny King, Artforz, Rat4, and Cobra followed Satoshi’s method of keeping themselves unknown to the general public. The following is a look at the creator of the privacy-centric Cryptonote protocol, known as Nicolas van Saberhagen. The pseudonym was leveraged by the inventor of the untraceable transaction technology that sparked the features present in the blockchain networks Bytecoin, Monero, and two dozen others.

Crypto’s Anonymous Personalities and the Mysterious Nicolas van Saberhagen

During the last 13 years, a number of individuals within the cryptocurrency ecosystem have remained anonymous. The use of anonymity when creating a crypto project continues to this very day, and people creating decentralized finance (defi) protocols, and even non-fungible token (NFT) collections have done so under anonymity.

In the early days, after Satoshi Nakamoto left, crypto project anonymity and “ninja launches” were commonplace within the nascent digital currency environment. For instance, the individual who launched the first graphics processing unit (GPU) mining farm, Artforz, was anonymous.

Artforz also implemented the first FPGA miner and launched a cryptocurrency asset called Tenebrix. The Tenebrix digital currency was dubbed a “CPU-friendly, GPU-hostile cryptocurrency” and Tenebrix gave birth to Scrypt as a proof-of-work (PoW) function and the crypto networks Fairbrix and Litecoin (LTC).

Another anonymous individual within the crypto community was Sunny King, the creator of the first proof-of-stake (PoS) function, and the inventor of Peercoin (PPC). The difference between Peercoin and most PoS networks today, is PPC is a hybrid model of both PoW and PoS. After King disappeared for a while, the anonymous creator came back to create another project called Vee.tech, which never really materialized.

A Look at One of Crypto’s Greatest Mysteries — Bytecoin’s Alleged Premine and the Puzzling Nicolas Van Saberhagen, and Cryptonote Team

Then there’s the mysterious Nicolas van Saberhagen, the anonymous creator of the Cryptonote whitepaper. The paper was originally published on December 12, 2012, and then a second version was later published on October 17, 2013.

Saberhagen’s Cryptonote technology was leveraged by the blockchain network Bytecoin (BCN), a crypto asset that was created from…

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