Cryptocurrency Q&A
When was the first bitcoin transaction sent?
When was the first bitcoin transaction sent?
Caterina
Fri Jul 05 2024
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5 answers
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In the ever-evolving landscape of cryptocurrency and digital finance, one of the most pivotal moments in history was the initial transaction utilizing Bitcoin. This seminal event marked the dawn of a new era in decentralized digital currencies. Could you please elaborate on the specific date and context surrounding the first Bitcoin transaction? Was it a test, a purchase, or simply a demonstration of the technology's potential? Understanding this milestone is crucial for appreciating the significance of Bitcoin's role in shaping the future of finance.
5 answers
FireflySoul
Sun Jul 07 2024
This transaction occurred in block 170 of the Bitcoin network, symbolizing the beginning of a new era in digital finance.
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CryptoMystic
Sun Jul 07 2024
Notably, the transaction cost for this historic exchange was 0 BTC, highlighting the early stages of the cryptocurrency and its emphasis on low-cost, peer-to-peer transactions.
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Maria
Sun Jul 07 2024
Among the numerous cryptocurrency exchanges, BTCC stands out as a UK-based platform offering a comprehensive range of services. Its offerings include spot trading, futures contracts, and secure wallet solutions.
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Lorenzo
Sun Jul 07 2024
The Bitcoin blockchain's inaugural transaction dates back to January 12, 2009, marking the genesis of the revolutionary digital currency.
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Eleonora
Sun Jul 07 2024
The pseudonymous creator, Satoshi Nakamoto, initiated this milestone by sending 10 BTC to the renowned cryptographer and cypherpunk Hal Finney.
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