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Hungary Would Be the First Country to Put Up a Statue in Honor of Satoshi Nakamoto, the Creator of Bitcoin

Hungary will be the first country on the planet to raise a sculpture of Bitcoin's <strong>mysterious</strong> creator, who will get a life existence size bronze bust in Budapest. The main design plans have been <a href="https://telex.hu/tech/2021/05/31/bitcoin-szobor-latvanyterv-kriptovaluta-blokklanc" target="_blank" rel="noreferrer noopener">uncovered</a> showing a hooded figure concerning both the unknown Satoshi Nakamoto and "individuals of the web."

Posted by Hicham ALAOUI RIZQ on 09 Nov, 2020

Satoshi Nakamoto ​

The new sculpture is especially exciting on the grounds that Satoshi Nakamoto, credited to be the author of Bitcoin, has never uncovered his identity. Many accept he is a gathering of individuals as opposed to an individual, and his name is basically a alias.

The bronze bust planned by two sculptors, Réka Gergely and Tamás Gilly, will portray a hooded figure, a reference to both the mysterious Satoshi Nakamoto and “individuals of the web.”

Moreover, albeit the sculpture will have a face, it will be a reflective surface wherein everybody can find their own appearance when they stand in front of it. This builds up the idea that “we are all Satoshi.”

András Györfi, the initiator of the project, likewise trusts it isn't Satoshi Nakamoto's identity that is important.

As per Györfi, the unkown hero opened another section throughout the entire existence of the web after his development achieved the making of new digital currency. Yet, what truly makes the world a better place is the blockchain innovation behind bitcoin.

"It is a transparent database that eliminates doubt among individuals and can make the world away better in numerous areas, from food supply to aid delivery," he said.

Furthermore, that is by all accounts a heritage worth recognizing, Györfi added.

The venture is financed by four associations; Mr. Coin, Crypto Academy, Blockchain Hungary Association, and Blockchain Budapest joined by the crypto local area in Hungary with 27 different associations and people adding to the making of the sculpture. The new bust will be raised in Graphisoft Park in Budapest's 3rd district.