Home / Blockchain / Blockchain: Satoshi Nakamoto, is that you? Bitcoin mined in 2009 moves for the first time

Blockchain: Satoshi Nakamoto, is that you? Bitcoin mined in 2009 moves for the first time

Blockchain:

A chunk of Bitcoin BTC has just moved for the first time since it was mined way back in 2009, causing some to speculate that Satoshi Nakamoto has returned.

The shift was detected by Twitter-based blockchain monitor @whale_alert, which confirmed that the 40 BTC featured in the transaction were mined in the first month of Bitcoin‘s existence.

👤👤👤 40 #BTC (391,055 USD) transferred from possible #Satoshi owned wallet (dormant since 2009) to unknown wallet

ℹ️ The coins in this transaction were mined in the first month of Bitcoin’s existence.

Tx: https://t.co/hxDJGGtfF0

— Whale Alert (@whale_alert) May 20, 2020

Back then, the Bitcoin network was very small, and its pseudonymous creator Satoshi Nakamoto was one of just a handful of active miners.

Blockchain: Yep, that’s old Bitcoin, but it’s hard to prove this is really Nakamoto

It’s important to note that there’s currently no direct proof linking the mysteriously absent Nakamoto  who some believe still sits on roughly 1 million BTC  to this transaction.

keep in mind it’s basically impossible to prove that Satoshi _didn’t_ mine these coins, but the best research we have suggests that Satoshi mined a specific set of blocks, of which this is not one. https://t.co/oNRwcNcWa2

— nic carter (@nic__carter) May 20, 2020

Still, it’s certainly cool to see it move at all, considering when it was mined the price of BTC was effectively zero. Whoever controls this cryptocurrency has some very strong hands.

Published May 20, 2020 — 15:21 UTC

Read More

About admin

Check Also

Blockchain: Bug in Moscow’s Blockchain Polling System Can Reveal How Users Voted: Report

Blockchain: Bug in Moscow’s Blockchain Polling System Can Reveal How Users Voted: Report

Jul 2, 2020 at 14:56 UTCUpdated Jul 2, 2020 at 15:27 UTCA vulnerability in a blockchain-based system used in Russia’s recent poll meant users’ votes could be decrypted, journalists found. On Wednesday, the final day of a vote on constitutional amendments, Russian media outlet Meduza published research showing the keys for decrypting votes could be…

Leave a Reply

Your email address will not be published. Required fields are marked *