Cryptocurrency Q&A
How much money does Satoshi receive from a bitcoin transaction?
How much money does Satoshi receive from a bitcoin transaction?
Maria
Fri Jul 19 2024
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6 answers
1493
Could you elaborate on the specifics of how much money Satoshi Nakamoto, the pseudonymous creator of Bitcoin, actually receives from a Bitcoin transaction? It's widely believed that Nakamoto holds a significant number of bitcoins, but the exact amount and how those bitcoins are transacted remain a mystery. Does he personally collect the proceeds from each transaction involving his bitcoins? If so, how is that process handled and tracked? Are there any public records or documentation available that detail these financial transactions? I'm curious to understand the financial implications for Nakamoto, if indeed he is still active in the bitcoin community.
6 answers
Valentina
Sat Jul 20 2024
In today's market, this amount translates to approximately $1.34 million, demonstrating the immense value of Bitcoin over the years.
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Daniele
Sat Jul 20 2024
The genesis of Bitcoin transactions was marked by a pivotal event, where two users exchanged the digital currency for the first time.
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benjamin_cole_nurse
Sat Jul 20 2024
Prior to this, all transactions involved miners, predominantly Satoshi, receiving block rewards directly from the Bitcoin protocol.
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Giulia
Sat Jul 20 2024
BTCC, a renowned cryptocurrency exchange based in the UK, offers a wide range of services to its users.
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SkylitEnchantment
Sat Jul 20 2024
This particular transaction stands out as it signifies the commencement of peer-to-peer Bitcoin exchanges.
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