A community member known as Mazrael has presented evidence suggesting that Ryoshi, the pseudonymous founder of the Shiba Inu cryptocurrency, has permanently vanished . The claim relies on archived data showing that the creator's original social media presence was deleted and subsequently hijacked by an impostor.
The shift from User ID 70f3e7a9c807 to c8d086596085
The core of the argument presented by Mazrael centers on the technical architecture of Medium, the publishing platform where Ryoshi originally shared the vision for Shiba Inu. According to the report, the Medium page associated with the handle allhailtheshiba was deleted on May 30, 2022... While the username remained the same, the underlying identity of the account changed fundamentally.
By utilizing the Wayback Machine web archive, Mazrael identified that the account's unique user ID shifted from 70f3e7a9c807 to c8d086596085. As the source reported, this indicates that the original account was purged and a new, unrelated user simply claimed the vacant handle. Consequently, any posts appearing under the allhailtheshiba name after May 2022 are not the work of the original Shiba Inu creator.
A ghost story echoing Satoshi Nakamoto's 2011 exit
The disappearance of Ryoshi is not an isolated incident but part of a broader pattern of "founder abandonment" within the cryptocurrency ecosystem . This trajectory closely mirrors that of Satoshi Nakamoto, the enigmatic creator of Bitcoin, who ceased public communication in April 2011. Both figures utilized pseudonymity to distance the project's governance from a single point of failure, effectively turning their tokens into community-led experiments.
For Shiba Inu holders, this transition from a guided project to a leaderless one is a double-edged sword. While it prevents a single individual from manipulating the supply or direction of the token, it creates a vacuum of authority. This vacuum often leads to the rise of "founder myths," where the community clings to the hope of a return to find stability in a volatile market.
Who is behind the new allhailtheshiba handle?
The current ambiguity surrounding the allhailtheshiba account has led to significant confusion, with some market participants claiming that Ryoshi has returned to launch new meme coins. However, Mazrael has pushed back against these assertions,citing a specific message posted on the Medium account after the May 30 deletion that he descrribes as "wrong" and unrepresentative of the original creator's philosophy.
Several critical questions remain unanswered. First, the identity of the individual who claimed the allhailtheshiba handle remains unknown, leaving it unclear if the impostor is a malicious actor attempting to scam investors or simply a fan. Second, because Ryoshi never established a verified, multi-factor authenticated channel of communication, there is no way to definitively prove a return unless the creator provides a cryptographic signature. Finally, the report does not clarify if Ryoshi left any "dead man's switch" or timed messages that might trigger in the future, leaving the community to rely entirely on third-party archives like the Wayback Machine for clues.
Ultimately, as the report says, the debate over the status of Ryoshi does not alter the underlying code of the Shiba Inu token. however, it serves as a stark reminder of the risks inherent in trusting anonymous leadership in the decentralized finance space.
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