Blockstream CEO Adam Back believes the price of Bitcoin (BTC) could reach $10 million by the end of the sixth halvening in 2032, as long as Bitcoin layer-2 technology and wallet infrastructure improves. In a Feb. 12 Twitter thread, Back, one of the contributors to Bitcoin core, was explaining to his 509,000 followers in what situation Hal Finney’s $10 million price prediction for BTC could come true. He noted that BTC has doubled in price year-on-year on average since 2013 and explained that if that trend continues, BTC price would reach $10M along with a $200 trillion market cap in …

Satoshi Nakamoto is the pseudonym used by the creator(s) of Bitcoin, whose true identity remains unknown. The name was used to author the original Bitcoin (BTC) white paper in 2008 and to create and deploy the first Bitcoin software in 2009. Nakamoto’s true identity has never been revealed, and they have remained an enigma in the world of cryptocurrency. They are estimated to have mined around 1 million BTC in the early days of the network, which would make them one of the wealthiest people in the world. Some believe that Satoshi Nakamoto is a pseudonym for an individual, while …

Fran Finney, the wife of computer scientist Hal Finney — the recipient of the first transaction on the Bitcoin blockchain from Satoshi Nakamoto — reactivated her late husband’s Twitter account amid concerns Twitter CEO Elon Musk might purge the content from the social media platform due to inactivity. Many Crypto Twitter users reported on Dec. 16 that Finney’s account registered activity for the first time in more than 12 years. Some speculated that a hacker might have taken control of the Bitcoin (BTC) pioneer’s account and it’s more than 71,000 followers, but Fran quickly stepped in to dispel rumors. “I …

Finney was also the first person to publicly run Bitcoin (BTC), going down in the annals of crypto Twitter history with a famous tweet that often resurfaces. Raise a glass to the world’s first Bitcoiner Wednesday. Hal Finney, the first person to receive a Bitcoin transaction from none other than Satoshi Nakamoto would have celebrated his birthday Wednesday. Running bitcoin — halfin (@halfin) January 11, 2009 On Bitcointalk.org, Hal Finney explained that when Satoshi first released the software, he “grabbed it right away.” “I think I was the first person besides Satoshi to run Bitcoin. I mined block 70-something, and …

It’s been exactly 13 years to the day since computer scientist Hal Finney became the recipient of the first transaction on the Bitcoin blockchain from creator Satoshi Nakamoto. On Jan. 12, 2009, with the Bitcoin (BTC) white paper a mere three months old, Satoshi sent Finney 10 BTC — worth next to nothing at the time, but now roughly $440,000. The move, likely a test to determine the viability of the blockchain, was the first in a series of hundreds of millions of transactions in Bitcoin between millions of people across the world. “When Satoshi announced the first release of …

Ever since Satoshi Natamoto, the anonymous inventor of Bitcoin, disappeared in 2011 there has been no shortage of theories about his identity. Hal Finney, Dorian Satoshi Nakamoto, Nick Szabo and Craig Wright have all be cited as possible contenders (even if CSW is the main person pushing that last theory.) Now, after months of research Quantum Economics’ Director of Gamefi Research Gerald Votta thinks that he has found the answer to Satoshi’s true identity — Canadian cryptographer James A. Donald. In a new research article piece on Nov. 17 Votta outlined intriguing circumstantial evidence he believes proves the link. Donald …

Bitcoin (BTC) miners officially produced their 700,000th block on Saturday, marking a major milestone for a network whose detractors claim has died 428 times since 2009. It took Bitcoin less than two years to produce 100,000 more blocks after reaching the 600,000 milestone on Oct. 18, 2019. At the time of the last 100,000-block milestone, the BTC price was worth less than $8,000. Today, one Bitcoin is worth over $45,500. Happy 700000th block, #bitcoin! https://t.co/24mpVKXK8e — Pieter Wuille (@pwuille) September 11, 2021 At the time of writing, Bitcoin’s total supply was 18,812,806, or 89.5% of all the coins that will …

It’s been more than ten years since computer scientist Hal Finney became the recipient of the first transaction on the Bitcoin blockchain, and his impact on crypto as a technology is still felt today. Finney was one of the first people to respond to Satoshi Nakamoto’s post on the cypherpunks mailing list, with some in the space still believing he was one of the pseudonymous individuals behind the creation of Bitcoin (BTC). The legendary Bitcoin pioneer would have turned 65 years old today, had he not passed away from amyotrophic lateral sclerosis — also known as Lou Gehrig's disease, or …

As cryptocurrency investment becomes more and more popular, long-term investors are increasingly concerned with the uncomfortable question: What happens to your Bitcoin (BTC) when you die? According to a 2020 study by the Cremation Institute, nearly 90% of crypto owners are worried about what will happen to their crypto after they pass away. Furthermore, despite a high level of concern, crypto holders are reportedly four times less likely to use wills for inheritances than non-crypto investors. As explained in its white paper, Bitcoin is a purely peer-to-peer version of electronic cash, allowing online payments to be sent directly from one …

Satoshi Nakamoto announced the Bitcoin whitepaper on a cryptography mailing list on Halloween 2008. It could be the case that this was a meaningless coincidence, but when we take into account the meticulous planning behind Bitcoin’s launch party, the chosen date begins to take on more significance. Halloween is the carnival time, a ritual day when one can pretend to be someone or something else, whether a comic book superhero like Batman or Superman, or another eternally popular choice for Halloween, a Ghost — a spirit, much like Satoshi, that is neither dead nor alive. The carnival tradition goes back …

In a February 8, 2011 post on Bitcointalk, Finney said that reading a book titled “Guide to Elliptic Curve Cryptography” by Hankerson, Menezes, and Vanstone, gave him an idea of how to speed up signature verification by 25%. In the following post from the same day, Finney announced that he had already written “test code” and uploaded it to the Github repository. However, there was a problem with Finney’s proposal — his method had already been patented by someone else. “Method for Accelerating Cryptographic Operation on Elliptic Curves” (also known as GLV or Four-Dimensional Gallant–Lambert–Vanstone Scalar Multiplication) received a patent …

Unstoppable Domains has introduced a new feature — Unstoppable email. Now anyone who owns a domain with a .crypto extension can send email signed by the Ethereum (ETH) private key that controls it. This is reminiscent of how the old cypherpunks used to sign their emails with PGP keys. In the 1990s, an early Bitcoin (BTC) adopter Hal Finney helped develop Pretty Good Privacy or PGP, which allowed users to encrypt various digital mediums, including emails. Unstoppable Domains co-founder Bradley Kam told Cointelegraph that the email service is not decentralized and is provided through ETHMail Webmail. For now, the service …