Bitcoin Was Almost Named Netcoin by Satoshi Nakamoto, Hints at Domain Data

Bitcoin Was Almost Named Netcoin by Satoshi Nakamoto, Hints at Domain Data

Finding a good name is often one of the hardest decisions to make when launching a new service or business. Historical domain name purchase data suggests that Satoshi Nakamoto, the creator of Bitcoin (BTC), had another naming option in mind that was not included in the whitepaper., the domain of the original Bitcoin-related website, was established on August 18, 2008 under AnonymousSpeech, a service in Japan that allowed users to purchase domain names anonymously. Domain purchases under AnonymousSpeech in similar time frames revealed the creation of on August 17, 2008, just one day before the creation of

After further research, crypto locksmith Or Weinberger confirmed that no content was ever present on the domain “except only after it was later taken over by another person.”

The decision to stick with Bitcoin may have been crucial to its success due to many in the crypto community pointing out their dislike of the Netcoin name, such as one declared:

“It’s interesting. I’m glad they stuck with bitcoin, it sounds a lot better.

This discovery further helps Bitcoin distance itself from people who have previously claimed to be Satoshi Nakamoto. The domain was later removed and re-registered with a subsidiary of in 2010.

Related: El Salvador’s Bitcoin Ruling: Adoption Tracking One Year Later

Despite the mysteries behind Bitcoin’s creation, the asset continues to dominate the financial markets. BitPay confirms this notion as its data shows Bitcoin will be a major payment tool despite high price volatility.

Speaking to Cointelegraph, BitPay VP of Marketing Merrick Theobald said Bitcoin-based payments sales volumes on BitPay were up 52% ​​in the first quarter of 2022.