Satoshi Nakamoto, is that you? Bitcoin mined in 2009 moves for the first time
(Source: thenextweb.com)

clicks | 16 days ago | comments: discuss | tags: cryptocurrency bitcoin


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(Original link: thenextweb.com)

Satoshi Nakamoto, is that you? Bitcoin mined in 2009 moves for the first time It was worth nothing back then, but now it's valued at $390,000 Story by 100 Shares
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.
— 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. 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 is moving this cryptocurrency certainly has some very strong hands. Published May 20, 2020 — 15:21 UTC May 20, 2020 — 15:21 UTC Corona coverage
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