Vertisan / VTSN FAQ

Q: What is Vertisan??
A: Vertisan is the newest alternative currency / cryptocurrency project launched by James Vertisan / Satoshi Nakamoto.

It aims to solve all the issues of conventional cryptocurrencies, including Bitcoin, while adding a massive feature set that is available in no current crypto product.

Q: Who created Vertisan?
A: Satoshi Nakamoto. Yes, really.

Q: Why did Satoshi be anonymous and go into “virtual hiding”?

There are three main aspects to this.
1) Several attempts were made on his life around the time of the creation of BTC. He wanted to be cautious.

2) BTC showed the weaknesses in MS SQL Server. At that time, MS was James’ biggest customer/source of income. If they knew he created BTC, and that it solved/got around problems with database storage that they had not solved, they may not have been happy.

3) BTC was a side project. Just a few hundred hours of coding. James knew that it would not actually solve the problems of actual cryptocurrencies due to the double-spend problem and other issues. He was happy to let it go and move on, letting others continue the development, which isn’t going in a good direction, if you ask him.

Nonetheless, open-sourcing VTSN is and was one of his biggest regrets.

Q: Why has/would Satoshi reveal himself now, after all these years?
A: To draw attention to VTSN, which is the “upgrade” for BTC and all cryptocurrencies

Q: Why the name “Satoshi Nakamoto”?
A: A mixture of his Suzuki Hayabusa motorcycle, the Nakatomi plaza hotel in “Die Hard”, with perhaps other elements…it was just supposed to be an anonymous moniker

Q: How has James proven that he is Satoshi?
A: Several ways:

1. He has provided cryptographic proof by signing the messages using the PGP signature and verifying his PGP signature.
2. BTC was created by a coder. His knowledge of BTC is deep. For example: BTC was programmed using Visual Studio ($1300) at the time in C++. Not an open-source project by an underground coder somewhere. It was programmed using commercial software (which someone had to have money to buy and want to use).
3. There were three servers he rented in the NE, Texas, and West of the US. Those servers were rented by someone in the US who had the $ to spend on these servers month for month. Someone with money–an entrepreneur, for example–had to have rented them.
4. The original source code contained his birthday (3.22.1970) as the epoch start. This was later changed to the Unix epoch (1.1.1970) for convenience by later developers, but it makes no sense for a program developed on Windows using Windows tools to reference Unix at all.
5. No one else has successfully claimed or proven to be Satoshi.
6. No one has proven that he *isn’t* Satoshi.
7. Did you know there was an IRC chat tool and rating system within the original BTC? He showed me the original source code, including beta releases. One of them was hooked up to the network in March 2024 from his secret bunker.
8. More proofs and photos of this time are available on the VTSN telegram group around 31 Oct 2024 (16th anniversary of the release of the BTC Whitepaper, when he officially ‘came out’ and announced VTSN). You can see on the white board when he registered the domain and developed the blockchain process

Q: All he has to do is to move coins from Satoshi’s treasure (1M+ BTC original blocks) or from untouched wallets (which James possesses) from that time to prove he is Satoshi. Why won’t he?

1. Moving Satoshi’s treasure would be tantamount to fraud, as his computer was all alone on the network at that time, pre BTC officially.
2. Satoshi promised never to profit from BTC.
3. Any movement of the main Satoshi wallets (which contain billions) is likely to upset the BTC market so much it may lead to a complete crash–as the $1.5B theft just a couple months ago demonstrated–dropping the market from $110K to $80.
4. 51% of the network may be controlled by “nefarious” forces at this time.
5. A flaw in the BTC code means that sending from a wallet means that *the entire* contents of the wallet are sent to the new wallet and *sent back* to the previous wallet. If those 51% controlling forces have modified the source code, *any* BTC sent from any wallet could deplete the entire wallet, stealing the entire BTC of that wallet. These wallets may be targeted for just such an attack. Including the treasure.
6. James has provided many other proofs. Ultimately, even if he did move coins, there would still be people who claim he is not Satoshi. The community decided that moving coins would be ‘proof’. He never did.
7. James doesn’t really care if you think he *is* Satoshi. He wants the new project (VTSN) to be recognized for what it is, appreciated, and utilized. BTC is broken beyond fixing and will ultimately be abandoned by everyone for a better system.

Q: What are some features that make VTSN better than existing cryptocurrencies?

1. VTSN cannot be ‘lost’ and ‘sent into the abyss’ by making a mistake, like BTC can.
2. VTSN is much more secure and “hackproof”
3. VTSN settles instantly (300ms) instead of in minutes.