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On January 12, 2009, exactly 14 years ago today, the first Bitcoin transaction took place. In the afternoon of January 12, computer programmer Hal Finney received the world’s first bitcoin mining reward (10 BTC) for mining block 70 from Satoshi Nakamoto.

Since the first transaction, Bitcoin has evolved over the years. The Bitcoin blockchain saw over $8 trillion in transactions in 2022 despite the bear market.



#Bitcoin #Blockchain #Coinpedia #HalFinney #SatoshiNakamoto
Happy Birthday, #SatoshiNakamoto

It's Satoshi Nakamoto's birthday according to the verified profile of the pseudonymous creator of Bitcoin on the #P2P Foundation Forums.

The US government banned individual gold storage on April 5, 1933, to support the #USDollar.

Satoshi's choice of April 5 as his birthday may reflect his views on government intervention in the #economy and his preference for #decentralized currencies like #Bitcoin
Approximately fifteen years ago, Satoshi Nakamoto transmitted the initial draft of the Bitcoin white paper to Wei Dai.

A revolution was about to begin - Bitcoin!!!



#Bitcoin #BTC #Crypto #Blockchain #SatoshiNakamoto #Coinpedia
The Bitcoin white paper celebrates 15 years, reflecting Satoshi Nakamoto's enduring legacy.

On October 31, 2008, pseudonymous person Satoshi Nakamoto introduced Bitcoin as a new kind of money independent of banks through a shared document.

This happened on a day we know as Halloween, adding a layer of mystery to the story.

“I’ve been working on a new electronic cash system that’s fully peer-to-peer, with no trusted third party,” Satoshi said in an Oct. 31 email in 2008.

Over time, this idea has grown and sparked a whole movement of digital currencies, making Satoshi's Halloween message a significant moment in financial history.



#Bitcoin #WhitePaper #SatoshiNakamoto #Coinpedia #Blockchain
Celebrating 15 Years of Bitcoin! 🎉🥳

On January 3, 2009, #SatoshiNakamoto mined the first block, starting the Bitcoin network and the blockchain with the genesis block. Happy 15th Birthday, Bitcoin! 🎂🚀

A Genesis Block is the first block in a cryptocurrency blockchain. It's the foundation of the blockchain, which consists of interconnected blocks storing transaction information. Each block has a unique header and hash, linking them through encrypted headers. As the number of blocks grows, the blockchain evolves, with the Genesis Block laying the groundwork for this transformative journey.

Is it the birthday approval for #BitcoinETF? 😉



#Cryptocurrency #Satoshi #Bitcoin #Blockchain #BitcoinETF
On January 11, 2009, 15 years ago, Bitcoin developer and pioneer Hal Finney posted the first tweet mentioning Bitcoin, 'Running Bitcoin'.

Satoshi Nakamoto sent him 10 Bitcoins, making him the first person to receive Bitcoin through a transaction mechanism.



#Bitcoin #HalFinney #SatoshiNakamoto #Crypto #Coinpedia
Celebrating 15 years of Bitcoin innovation! 🥳

On Jan. 12, 2009, Hal Finney received the first Bitcoin transaction from Satoshi Nakamoto, marking a historic moment in decentralized currency.

This first test transaction sent when Bitcoin didn't have a known value yet, hinted at the many future peer-to-peer transfers that would be possible with the world's first cryptocurrency network..

#Cryptocurrency #Bitcoin #SatoshiNakamoto #Blockchain #Coinpedia
On February 11, 2009, Satoshi Nakamoto introduced Bitcoin on the P2P Foundation forum. This innovative, open-source P2P electronic cash system is decentralised, relying on cryptographic proof rather than trust, eliminating the need for central servers or trusted parties.

The system, designed to solve traditional currency's reliance on trust, operates on a peer-to-peer network to prevent double-spending and ensure secure transactions without central authority. Bitcoin's launch marks a pivotal move towards addressing the vulnerabilities of fiat currencies through innovative technology.



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Breaking down #Bitcoin:

As of February 2024, individuals hold the lion's share at 57%, while 'lost' bitcoins account for 17.6%.

The 6.6% of supply is to be mined.



#BTC #BitcoinETF #SatoshiNakamoto #Cryptocurrency #Coinpedia
Who holds the most Bitcoin? The answer might surprise you! 💰 Ownership of Bitcoin is more diverse than you might think. Among the top holders is the mysterious #SatoshiNakamoto.

But did you know some private companies also hold massive amounts of Bitcoin? As Bitcoin hits new record highs, corporate interest is surging, attracting an even broader range of buyers. 🚀

#Bitcoin #Crypto #Blockchain #CryptoNews