✨ Exactly 15 years ago, Satoshi Nakamoto sent the 1st #Bitcoin transaction in history.
— Rizzo (@pete_rizzo_) January 11, 2024
Today, the 1st ETFs are trading on Wall Street.
There are no coincidences 💫
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Fifteen years ago, the very first Bitcoin transaction!
Fri 12 Jan 2024 ▪
3
min of reading ▪ by
Getting informed
▪
Event
Bitcoin is the first decentralized digital currency, based on blockchain technology. Here is the fascinating story of the first Bitcoin transaction, which took place 15 years ago: on January 12, 2009.
The protagonists: Satoshi Nakamoto and Hal Finney
The first Bitcoin transaction was conducted between two people: Satoshi Nakamoto and Hal Finney. Satoshi Nakamoto is the pseudonym of the creator or creators of Bitcoin, whose identity remains a mystery. Hal Finney was a computer scientist and a crypto activist. He was the first to receive bitcoins (BTC) from Satoshi Nakamoto.
Satoshi Nakamoto published the Bitcoin white paper in October 2008, presenting the concept and workings of the Bitcoin network. He then launched the Bitcoin software on January 3, 2009, creating the first block of the Bitcoin blockchain, known as the “Genesis Block.”
Hal Finney was one of the first to download the Bitcoin software and connect to the network. He reported bugs and suggested possible improvements to Satoshi Nakamoto through email exchanges.
Bitcoin Transaction: 10 BTC to Test the Network
On January 12, 2009, Satoshi Nakamoto sent 10 BTC to Hal Finney via the Bitcoin software. This was the first peer-to-peer Bitcoin transaction in history, recorded in block 170 of the Bitcoin blockchain. At the time, Bitcoin had no market value. Today, 10 BTC would equate to approximately 400,000 euros.
The transaction was indeed carried out to test the operation of the Bitcoin network, which was still experimental and not widely known. Hal Finney confirmed having received the bitcoins (BTC) on an online forum, writing: “Running bitcoin”. He then held his Bitcoin holdings in his wallet until his death in 2014.
The first Bitcoin transaction marked the beginning of a new crypto era. And 15 years to the day, the first Bitcoin ETF is trading on Wall Street!
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Je m'appelle Ariela et j'ai 31 ans. J'oeuvre dans le domaine de la rédaction web depuis maintenant 7 ans. Je n'ai découvert le trading et la cryptomonnaie que depuis quelques années. Mais c'est un univers qui m'intéresse beaucoup. Et les sujets traités au sein de la plateforme me permettent d'en apprendre davantage. Chanteuse à mes heures perdues, je cultive aussi une grande passion pour la musique et la lecture (et les animaux !)
DISCLAIMER
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.