First Bitcoin Transaction - Cointent

in #bitcoin2 years ago

Post #4 First Bitcoin transaction.jpg

Bitcoin's pseudonymous creator Satoshi Nakamoto mined the first 50 bitcoins and started the Bitcoin payment network. And not long after that on Jan. 12, Hal Finney was the recipient of the first Bitcoin transaction. Finney has a long involvement in the crypto community. For years, he worked with the PGP Corporation developing one of the most prominent encryption products. He ran the first cryptologicially-based anonymous remailer and was involved with the cypherpunks mailing list.

Post #4 First Bitcoin transaction (1).jpg

But he also had worked on cryptographic digital currencies -- having met and corresponded with Wei Dai and Nick Szabo, the people generally acknowledged to have come up with the intellectual precursors to Bitcoin, and attempted to create his own cryptocurrency.

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