Do you often see this picture being shared online? Thinking that Satoshi Nakamoto's 10,000 bitcoins are quietly sitting in a single wallet?


Actually, that's not the case. The truth might shock you.
On-chain data clearly shows that those never-moved "Satoshi coins" are not in a single wallet at all, but scattered like beans across about 22k completely different addresses. Each address holds the block reward from back then — a full 50 BTC. You read that right: it's not a single whale, but a super fleet of 22k "small wallets."
What's going on? Today, let me explain to you the geek romance hidden in the deepest layers of Bitcoin's design.
Don't be fooled by the word "wallet."
On the blockchain, what we usually call "a wallet" is often just an address. But who says a person can only have one address? Think about today's bank cards — you might have only one card, but in the Bitcoin world, the system suggests you use a brand new "card" for every interaction with the world.
Satoshi Nakamoto just took this design philosophy to the extreme — no, he didn't even deliberately "use" it; everything was just the mining software running automatically.
From 2009 to 2010, the entire network had almost no hash power. Satoshi Nakamoto alone silently guarded Bitcoin's genesis era with a few computers. At that time, the client had a default mechanism: every time you mined a new block, the program would automatically generate a brand new, never
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