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17 Years of Bitcoin’s First Peer-to-Peer Transfer

Published by
Sohrab Khawas

On January 12, 2009, Satoshi Nakamoto sent 10 BTC to Hal Finney, marking the first peer-to-peer Bitcoin transaction in history. Finney, an early supporter, had downloaded Bitcoin v0.1 shortly after its release and helped test the network. Recorded in block 170, this transaction proved that digital money could operate without banks or intermediaries. Before this, Bitcoin was only mined for rewards. This historic transfer showed that value could move directly between people, laying the foundation for today’s global Bitcoin network.

Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

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