A new report has determined that London was the most likely identify Satoshi Nakamoto worked on Bitcoin (BTC) between 2008 and 2010.

Written report writer Doncho Karaivanov reviewed several factors in lodge to justify the conclusion, including an analysis of timestamps of Satoshi'due south published materials, his use of regional colloquialisms and discussion spellings, and the fact that The Times headline embedded in the genesis block was specific to England's print version of the periodical.

The idea that Satoshi was British is not new, equally hundreds of journalists, sleuths and investigators take thoroughly pored over traces of the Bitcoin creator's activity and scoured the internet for clues leading to his origins.

But this latest report in The Chain Bulletin includes additional information to previous analyses, such as highlighting the probability that Satoshi must take been referring to the print edition of The Times when coding the now-famous headline from Jan. iii, 2009 into Bitcoin'due south genesis block.

That's considering only the print edition of The Times distributed in England used the headline, "Chancellor on brink of 2nd bailout for banks," whereas the online edition included the chancellor'southward proper noun in the headline. The U.S. edition of the paper did not incorporate the story at all. Karaivanov analyzed readership data that shows roughly 43% of The Times' readership is located in London, and when "coupled with London existence the largest financial hub in the world, this data makes it highly probable that Satoshi lived in London in the period between 2008 and 2010."

Karaivanov's analysis of time-stamped materials posted by Satoshi — including posts on Bitcointalk, emails sent to Bitcoin's early developers, and commits made to the Bitcoin repository on SourceForge — lends boosted evidence that Satoshi may have resided in the Uk fourth dimension zone. However, he acknowledges that Satoshi's design of posting could also reflect somebody who resided in the East Coast or West Coast time zones of the Us.

Among the time zones ruled out completely were those encompassing Japan, where Satoshi claimed to have been from co-ordinate to his P2P Foundation profile, and Commonwealth of australia, which Karaivanov says was "not fifty-fifty remotely possible" unless Satoshi was "a vampire."

The finding that Satoshi probably lived in London betwixt the years of 2008 and 2010 was non revelatory information to some Reddit users, with i commenting: "In other breaking news, Santa Claus may take lived in the N Pole while working on toys for young children."

Not everybody in the Bitcoin industry is swell to uncover the origins or identity of Satoshi. In Baronial, Blockstream CEO Adam Dorsum told Cointelegraph it would exist unwise for Satoshi to publicly reveal himself. Blockstream holds the position that Satoshi's identity should not be speculated upon, as the activity runs "counter to cypherpunk ideals."