Sculptors Réka Gergely and Tamás Gilly were commissioned to make the statue. It was funded with $10,000 in cryptocurrency from the community and announced at a Budapest Blockchain conference in May, according to the AP.
Gyorfi told the news organization that he invited Nakamoto to the unveiling ceremony in the hopes of learning the creator's true identity, but it is unknown if he was present.
The search for Nakamoto's identity is as old as the Bitcoin currency itself and remains shrouded in mystery and speculation.
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