First Bitcoin p2p transaction was made 12 years ago

OscarDavidson

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Quote from: Little Mouse on January 12, 2021, 12:05:27 PM

Quote from: Upgrade00 on January 12, 2021, 07:32:26 AM

From what I read the test transaction took six days before it was broadcasted on the main network and another 3 days to be received.

What does that mean? Wasn’t it received when it was broadcasted? Or did you mean it was included into a block after 3 days? I think I didn’t get what you mean.
The tx was included in the block #170 mined at 12/01/2009 (09.30), the earlier block #169 was mined at 12/01/2009 (09.22).
So, it should be received instantly after it was broadcasted. May be I'm missing some information.

If I'm right then by 9th January the first iteration of Bitcoin software had been released and on 12 January Nakamoto sent the first transaction that occurred in his name to Hal Finney which was his developer and partner. It seems like this transaction was sent and received at the same day.

erikoy

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Quote from: Conjugda on January 17, 2021, 08:26:14 AM

And all the time it seems to me that everything started only yesterday. Well, of course, who then could have guessed that this was just the beginning and there was still a long and very serious path ahead that would bring a lot of troubles and defeats. And in fact, we must remain as attentive as possible to these assets, because there will still be many changes ahead that will necessarily be reflected in the market and provide some new opportunities and prospects. Although it still seems to me that we still do not have some really accurate tools for analyzing this, because it does not correlate with other assets and it is really difficult to find any significant benchmarks here. We will be careful and everything will definitely work out.

If you have been here in the forum for some time already then you had just witnessed a great history for bitcoin. Way back when bitcoin is not yet that recognized these people had already valued bitcoin and already believe in its worth together with Nakamoto's motto in regards with the fiat currency which he thinks that there is really a huge problem in it. However, Fiat is not really bad in the economy it is the people who made it bad and that we need bitcoin to make some balancing in the world of currencies.

Conjugda

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And all the time it seems to me that everything started only yesterday. Well, of course, who then could have guessed that this was just the beginning and there was still a long and very serious path ahead that would bring a lot of troubles and defeats. And in fact, we must remain as attentive as possible to these assets, because there will still be many changes ahead that will necessarily be reflected in the market and provide some new opportunities and prospects. Although it still seems to me that we still do not have some really accurate tools for analyzing this, because it does not correlate with other assets and it is really difficult to find any significant benchmarks here. We will be careful and everything will definitely work out.

Cera

newbie

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Well, that's already history.
Although this is interesting enough.
Like most of the representatives of our case, I am concerned about only one thing - what will happen to this in the future and whether we can really use it for a long time and consider Bitcoin a good solution for subsequent long-term investments and projects.
Therefore, right now I agree with the opinion that we need to look ahead and try to analyze everything that happens to the smallest detail.
Finding patterns here is not easy - that's for sure. But in fact it is possible, and our colleagues and experts have proven this many, many times.
So I would definitely leave this at work and maybe even pay attention to other crypto currencies, because it definitely makes sense.

Little Mouse

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Quote from: Upgrade00 on January 12, 2021, 07:32:26 AM

From what I read the test transaction took six days before it was broadcasted on the main network and another 3 days to be received.

What does that mean? Wasn’t it received when it was broadcasted? Or did you mean it was included into a block after 3 days? I think I didn’t get what you mean.
The tx was included in the block #170 mined at 12/01/2009 (09.30), the earlier block #169 was mined at 12/01/2009 (09.22).
So, it should be received instantly after it was broadcasted. May be I'm missing some information.

Upgrade00

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Quote from: dkbit98 on January 12, 2021, 06:53:19 AM

First Bitcoin transaction from one person to another was sent exactly 12 years ago on January 12, 2009 from Satoshi Nakamoto who sent 10 bitcoins to Hal Finney.

CMIIW, but this transaction was initiated by Satoshi 9 days earlier than it was received. From what I read the test transaction took six days before it was broadcasted on the main network and another 3 days to be received. So today would be the day it was received, not sent (could be an important distinction).

So it would have been initiated on the 3rd, rebroadcasted on the main network on the 9th and received on the 12th of 2009.

dkbit98

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First Bitcoin transaction from one person to another was sent exactly 12 years ago on January 12, 2009 from Satoshi Nakamoto who sent 10 bitcoins to Hal Finney.

Blockchain Transaction:
https://www.blockchain.com/btc/tx/f4184fc596403b9d638783cf57adfe4c75c605f6356fbc91338530e9831e9e16

Hal Finney made forum post 'Bitcoin and me' from 2013, where he explains how Satoshi sent him first bitcoin transaction.
Everyone should read his full post:
https://bitcointalksearch.org/topic/bitcoin-and-me-hal-finney-155054

Quote from: Hal on March 19, 2013, 03:40:02 PM

When Satoshi announced the first release of the software, I grabbed it right away. I think I was the first person besides Satoshi to run bitcoin. I mined block 70-something, and I was the recipient of the first bitcoin transaction, when Satoshi sent ten coins to me as a test.

Topic: First Bitcoin p2p transaction was made 12 years ago (Read 175 times)