The first bitcoin transaction, twelve years ago – the day a relentless revolution began

Today is a Cryptofeast – It is January 12, 2009 and Hal Finney is the proud recipient of the first Bitcoin transaction . 12 years ago (and a day ago), Finney received 10 bitcoins from Satoshi Nakamoto in order to test his new crypto currency.

The first transaction between Satoshi and Hal Finney

This transaction took place just days after Nakamoto launched the Bitcoin network on his machines. Finney recounted this now historic episode on Bitcointalk .

“ I think I was the first person besides Satoshi to use Bitcoin. I mined block 70, or something, and was the recipient of the first bitcoin transaction, when Satoshi sent me ten coins on a trial basis. I had an email conversation with Satoshi over the next few days, more often than not I would report bugs and he would fix them. “

Hal Finney was a computer scientist with a passion for cryptography. He was a member of the “Cypherpunks Mailing List” alongside – for example – Wei Dai and Satoshi Nakamoto

After a brief stint in the video game industry, he worked until his retirement to perfect the PGP protocol, which allows the encryption of information on the web. Finley unfortunately did not have the happiness of seeing Bitcoin exceed $ 40,000, due to its disappearance in 2014.