Geography | |
---|---|
Location | Pacific Ocean |
Coordinates | 15°16′00″S167°11′00″E / 15.26667°S 167.18333°E |
Archipelago | Vanuatu |
Area | 3.22 km2 (1.24 sq mi) |
Highest elevation | 88 m (289 ft) |
Administration | |
Province | Sanma Province |
Demographics | |
Population | 0 [1] (2015) |
Ethnic groups | None |
Additional information | |
Official website | www.satoshi-island.com |
Lataro (alternate names: Litaro or Satoshi Island or Pilot Island) is an uninhabited island in Sanma Province of Vanuatu in the Pacific Ocean. [2] [3] [4]
Lataro lies in Shark Bay off the eastern coast of Espiritu Santo and is flat. [5] The highest point of the island is 88 meters above the sea level. The island spans 1.9 km from the north to the south and 2.3 km from the east to the west.
The island has been leased by Anthony Welch, a retired British property investor, since 2007 under a 75-year lease. [6]
In 2022, Welch announced that he had unofficially renamed the island Satoshi in honor of Satoshi Nakamoto, the inventor of bitcoin, and that the island would be turned into a home of bitcoin investors. [7] [8]
Metoma is a small volcanic island in Torba Province of Vanuatu in the Pacific Ocean.
Bitcoin is the first decentralized cryptocurrency. Nodes in the peer-to-peer bitcoin network verify transactions through cryptography and record them in a public distributed ledger, called a blockchain, without central oversight. Consensus between nodes is achieved using a computationally intensive process based on proof of work, called mining, that secures the bitcoin blockchain. Mining consumes large quantities of electricity and has been criticized for its environmental impact.
Satoshi Nakamoto is the name used by the presumed pseudonymous person or persons who developed bitcoin, authored the bitcoin white paper, and created and deployed bitcoin's original reference implementation. As part of the implementation, Nakamoto also devised the first blockchain database. Nakamoto was active in the development of bitcoin until December 2010.
A cryptocurrency, crypto-currency, or crypto is a digital currency designed to work as a medium of exchange through a computer network that is not reliant on any central authority, such as a government or bank, to uphold or maintain it. It has, from a financial point of view, grown to be its own asset class. However, on the contrary to other asset classes like equities or commodities, sectors have not been officially defined as of yet, though abstract versions of them exist.
Bitcoin is a cryptocurrency, a digital asset that uses cryptography to control its creation and management rather than relying on central authorities. Originally designed as a medium of exchange, Bitcoin is now primarily regarded as a store of value. The history of bitcoin started with its invention and implementation by Satoshi Nakamoto, who integrated many existing ideas from the cryptography community. Over the course of bitcoin's history, it has undergone rapid growth to become a significant store of value both on- and offline. From the mid-2010s, some businesses began accepting bitcoin in addition to traditional currencies.
Roger Keith Ver is an early investor in Bitcoin, Bitcoin-related startups and an early promoter of Bitcoin, and sometimes known as Bitcoin Jesus. He now primarily promotes Bitcoin Cash as Ver sees it as fulfilling the intended and original purpose of the "Bitcoin White Paper", first published in 2008 by Satoshi Nakamoto, in which Nakamoto referred to Bitcoin as a peer-to-peer electronic cash system.
Craig Steven Wright is an Australian computer scientist and businessman. He has publicly claimed to be the main part of the team that created bitcoin, and the identity behind the pseudonym Satoshi Nakamoto. These claims are generally regarded as false by the media and the cryptocurrency community. In March 2024, Mr Justice James Mellor in the British High Court ruled that Wright is not Satoshi Nakamoto. In July 2024, a British High Court judge referred Craig Wright to UK prosecutors for alleged perjury related to his claims of being Satoshi Nakamoto. As of 2019, Wright lived in the United Kingdom.
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Vete Manung, also Vetemanu, formerly Goat Island, Île Rocher, Île de la Chèvre or La Chèvre, is a small uninhabited island in Tafea Province of Vanuatu in the Pacific Ocean. Vete Manung Island is located 5.6 km northeast of Pointe Bodiroua on the north-east coast of Erromango Island.