Sergey Nazarov Wiki, Bio, Net Worth, Chainlink, Satoshi-Speculation

Sergey Nazarov's Twitter page.
Courtesy of Sergey Nazarov’s Twitter page.

 

Who Is Sergey Nazarov?

Sergey Nazarov is an online entrepreneur from Russia who is most widely known as the co-founder of the Chainlink and SmartContract. In addition to these endeavors, Nazarov also co-founded CryptaMail and Secure Asset Exchange.

As of February 10, 2021, Nazarov was 32, according to Bitcoin.com.

 

Sergey Nazarov Wiki/Bio & Background

According to the digital currency news website Coindesk, Nazarov and his family moved to New York, the United States, in the early 1990s.

Nazarov's LinkedIn page.
Courtesy of Sergey Nazarov’s LinkedIn profile.

 

Nazarov was exposed to computers at an early age – mainly because his parents both were engineers. Nazarov “sat in front of a keyboard” for the first time when he was 5. Coindesk also writes that Nazarov was obsessed with Legos and liked to take old cathode-ray TVs apart to see how they work. Nazarov liked to play real-time strategy video games as well.

Sergey Nazarov graduated from New York University with a bachelor’s degree in Philosophy and Management. But in Coindesk’s words, “it was clear to him early on that he wanted to be an entrepreneur.”

According to his LinkedIn profile, before launching his own companies, Nazarov had served as a Teaching Fellow at NYU Stern School of Business (January 2010 – May 2010, Coindesk specifies that he was a teaching assistant to Professor Lawrence Lenihan).

Additionally, he had served as Intern-in-Residence –> Associate at FirstMark Capital (April 2009 – November 2010).

Coindesk shares Nazarov’s reasoning as to why he had accepted other jobs before launching his own entrepreneurial career:

The reason I took that job over other jobs was because I wanted to learn how people build technology companies.

Professor Lawrence Lenihan remarked on the curiosity of Nazarov:

He was the most curious kid I ever taught. Relentlessly questioning. If he didn’t understand anything he would corner you and pummel you until it was clear. And usually the reason it wasn’t clear to him was because there was a fault in the original explanation.

After leaving FirstMark in November 2010, Nazarov returned to Russia with a small investment fund targeting highly technical R&D teams. At the time, he was running his own boutique web development shop and experimenting with Bitcoin.

Nazarov admitted that at the time, he was still trying to determine the direction of his career. Eventually, he chose to focus on the nascent field of blockchain technology.

The homepage of Chainlink Labs.
Chainlink is Nazarov’s most well-known business project. Courtesy of ChainlinkLabs.com.

 

In the early 2010s, Nazarov would rent GPUs (Graphics Processing Units) from cloud computing providers to mine Bitcoin. Nazarov told Coindesk that on three-month-long contracts, he could cover the rental costs within the first week, with subsequent earnings becoming profit.

Initially a way to generate money, Bitcoin soon acquired philosophic value for Nazarov since he saw alignment between his own libertarian values and the ideology of bitcoin centered around transparency and the certainty of blockchain. Nazarov said that these qualities are attractive to people – including him – who come from countries with corrupt or fragile economic systems.

Nazarov added that blockchains and smart contracts “enable a parallel, technically enforced legal system”. However, as he became more involved in blockchain, he identified the critical challenge of the integration of the guaranteed certainty and transparency of smart contracts with the chaos of the “real world”.

Nazarov realized that without oracle systems – systems that would validate and transmit real-world data, such as stock prices or weather conditions, to blockchain – smart contracts would not be practical.

This would eventually lead Nazarov to the establishment of oracle platforms SmartContract and Chainlink, both today operating under the Chainlink Labs brand. According to the company’s LinkedIn page, Chainlink Labs’ purpose is to enforce smart contracts by connecting them to web APIs, IoT (Internet of Things) devices, payment processors, and other real-world systems.

 

Is Sergey Nazarov “Satoshi Nakamoto”?

Satoshi Nakamoto is the pseudonym of the individual or group that created Bitcoin. The real identity of Nakamoto is one of the most prevailing mysteries in the world today.

Some people speculate that Nazarov is secretly Satoshi Nakamoto. These speculations have been covered by major crypto websites. In February 2021, Roger Ver’s Bitcoin.com published an article titled The Many Facts Pointing to Chainlink’s Sergey Nazarov Being Satoshi Nakamoto.

Among other things, Bitcoin.com writes that Sergey Nazarov’s SmartContract.com had been registered 6 days before the Bitcoin whitepaper was published by Nakamoto. In addition, Sergey Nazarov and Satoshi Nakamoto share the same initials.

Evidence remains inconclusive, and Nazarov isn’t the only entrepreneur in the cryptospace to have been accused of being Nakamoto.

 

Sergey Nazarov Net Worth

As of April 9, 2021, no information was available about Sergey Nazarov’s net worth.

On a related note, however, the overall market cap of Chainlink had reached past the ten billion mark as of early 2021.

 

Online Presence & Publicity

Sergey Nazarov has profiles on Twitter and LinkedIn. On Twitter, Nazarov primarily advertises the benefits and uses of Chainlink.

Chainlink has a YouTube channel and a Twitter page as well.

Nazarov has been interview by other prominent entrepreneurs in the crypto space – most notably, Anthony Pompliano.

Nazarov was also featured on Raoul Pal’s Real Vision Finance channel on YouTube. He was interviewed by Real Vision senior editor Ash Bennington.

In January 2021, Financial Post featured Nazarov as well. At the time, Bitcoin surged over $30,000 for the first time in its history. Nazarov told Financial Post in an email:

It’s very likely that the asset will eventually pass $100,000 per coin. People have been steadily losing faith in their government currencies for years, and the monetary policies resulting from the economic impact of the coronavirus have only accelerated this decline.

 

Conclusion

To find out more about Sergey Nazarov’s Chainlink platform, visit its official website. Nazarov’s social media profiles additionally feature the latest announcements and news related to his activities.

 

 

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