Satoshi-Era Bitcoin Moves After 16 Years
Decrypt.co reported that 100.02 bitcoin mined in July 2010 moved on Wednesday after 16 years. The transaction does not identify the owner, and the coins are worth about $8.3 million.
Decrypt.co reported that a batch of 100.02 bitcoin mined in July 2010 moved on Wednesday after 16 years. The transaction is worth about $8.3 million, but the blockchain record does not show who owns the coins.
The transfer involves bitcoin from the Satoshi era, a term used for the network's earliest years. Decrypt.co said the transaction itself does not reveal the owner's identity.
Key Takeaways
- Decrypt.co reported that 100.02 bitcoin mined in July 2010 moved on Wednesday.
- The coins had not moved for 16 years and are worth about $8.3 million.
- The transaction does not show who owns the bitcoin.
Context
Bitcoin transactions are recorded on a public blockchain, but those records do not automatically identify the people or entities behind a transfer. Coins mined in bitcoin's early years are often described as Satoshi-era holdings.
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