Satoshi Nakamoto, the creator of Bitcoin, has reportedly gone offline and handed over management of the Bitcoin protocol to the public by open sourcing its codes. In a cryptic message, Satoshi Nakamoto stated that he had moved on to other things and that Bitcoin was in good hands. Despite controversy surrounding the true identity of Satoshi Nakamoto, the message is currently the last credited comment from the pseudonymous founder to Bitcoin users. There is growing pressure to revamp the Bitcoin network, including converting it from Proof-of-Work to Proof-of-Stake to reduce energy consumption, and to make it a smart contract hub. As a result, protocols like Stacks and RSK Infrastructure Framework are building DeFi and NFT solutions on the Bitcoin network.
(By Godfrey Benjamin)
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