Recently Signed 2009 Bitcoin Block Reward Linked to Hal Finney’s Set of BTC Transactions

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Recently Signed 2009 Bitcoin Block Reward Linked to Hal Finney's Set of BTC Transactions

At the extremity of November, an chartless idiosyncratic signed a signature tied to an highly aged artifact reward mined connected Jan. 19, 2009, and the idiosyncratic published a connection and verified signature linked to the reward connected the forum bitcointalk.org. The connection was tied to a bitcoin code associated with artifact 1,018, a artifact reward that was minted 16 days aft Satoshi Nakamoto launched the network. Upon further investigation, onchain information shows that artifact 1,018 is linked to a large fig of artifact rewards ostensibly mined by Hal Finney, and the signed artifact is besides connected to the precise archetypal bitcoin transaction that derived from artifact 9.

Block 1,018 Signed by ‘Onesignature’ connected Nov. 26, 2022, Is Associated With Hal Finney’s Mined Bitcoins and the Very First Bitcoin Transaction

On Nov. 26, 2022, a recently created bitcointalk.org forum relationship called “Onesignature” shocked the crypto assemblage erstwhile the chartless idiosyncratic signed a connection associated with artifact 1,018. Onesignature’s message contained a new BTC address created successful 2022, and the chartless idiosyncratic besides signed the caller address arsenic good proving the user’s existence.

Recently Signed 2009 Bitcoin Block Reward Linked to Hal Finney's Set of BTC TransactionsOnesignature’s signature concatenation posted to bitcointalk.org connected Nov. 26, 2022.

The signed message, according to Bitcoin.com’s Verification Tool and an Electrum wallet, is an authentic signature tied to the 2009 code “1NChf” oregon artifact 1,018. Block 1,018 and the bitcoin code 1NChf are some linked to the archetypal BTC transaction that saw 10 BTC sent from Satoshi Nakamoto to Hal Finney and a large woody of BTC blocks associated with Finney.

For instance, connected March 25, 2014, the writer Andy Greenberg published a communicative astir Hal Finney’s beingness and his affiliations with bitcoin. In the article, Greenberg said helium was allowed to spot emails sent to Finney from Nakamoto and Jason Finney, Hal’s son, showed Greenberg his father’s BTC wallet that shows the very archetypal bitcoin transaction.

Recently Signed 2009 Bitcoin Block Reward Linked to Hal Finney's Set of BTC TransactionsThis screenshot was included successful an nonfiction written by Andy Greenberg successful 2014. All of the transactions successful this screenshot are associated with artifact 1,018, the artifact precocious signed by the chartless Onesignature.

The archetypal transaction was 10 BTC sent connected Jan. 12, 2009, and it was confirmed astatine artifact tallness 170. In summation to the 10 BTC sent to Finney that day, Satoshi sent four much transactions from artifact 9. Two transfers for 10 BTC and 2 transactions that sent a azygous bitcoin each.

Greenberg’s nonfiction showcases an alleged screenshot of Hal Finney’s wallet that shows the 10 BTC transaction but it besides shows 12 artifact subsidies Finney purportedly mined. The screenshot says Finney mined a reward connected Jan. 10, 2009. That was the aforesaid time Finney told the satellite that helium was “running bitcoin” connected the social media level Twitter.

Running bitcoin

— halfin (@halfin) January 11, 2009

Furthermore, block 78 is associated with Finney’s mined bitcoin rewards and his acceptable of transactions. The artifact rewards pictured successful Greenberg’s article, alongside artifact 78 and the archetypal 10 BTC transaction, are each linked to the 2009 code 1NChf that Onesignature signed connected Nov. 26. A heavy dive into the archetypal 1,025 mined BTC blocks indicates that Finney mined a sizeable fig of artifact rewards.

In fact, our parsing recovered that 1NChf is linked to astir 36 artifact rewards that our tools could find and each reward discovered is related to Finney’s mining period. 1NChf is besides associated with a large fig of coinbase rewards that our squad had not yet discovered. Further probe revealed that 1NChf is connected to a ample sum of artifact rewards that were sent retired successful batches of thousands of BTC connected Jun. 14, 2011, astatine astir 5 a.m. (ET). Some of Finney’s alleged blocks were besides moved successful April 2013, according to findings from our onchain research.

Recently Signed 2009 Bitcoin Block Reward Linked to Hal Finney's Set of BTC TransactionsBlock 1,018 and a fig of associated Finney blocks were sent successful ample batches connected June 14, 2011. At that time, BTC’s terms was astir $20 per coin aft seeing a important summation successful worth that week.

A fig of consolidated transactions are tied to a Bitstamp.net deposit code and immoderate of the connected funds besides were sent to a Mt Gox address. Blocks associated with Onesignature’s 1NChf see blocks 78, 320, 329, 357, 361, 372, 407, 413, 419, 490, 528, 567, 596, and 651. Blocks affiliated with 1NChf spell each the mode up to artifact heights 7,569, 7,828, and rather perchance adjacent higher.

All of the blocks linked to Onesignature’s 1NChf are related to blocks that are ostensibly tied to Hal Finney and nary of the connected blocks lucifer the Patoshi artifact pattern, which means 1NChf and block 1,018 is not a Satoshi block. It is good understood that Nakamoto whitethorn person mined betwixt 700,000 to 1.1 cardinal BTC, but what’s often misunderstood is that this stash is not consolidated.

While parsing the archetypal 1,025 mined BTC blocks, the information shows that astir each artifact Nakamoto mined is unspent, but for the artifact 9 transactions. After the 5 transactions from artifact 9, there’s 18.43 BTC successful the wallet and immoderate of the funds stem from particulate transactions. It’s not wholly wide the crushed wherefore Onesignature shared the message and signature connected Nov. 26. Some radical said it was a “flex” and immoderate radical claimed that the signature thread could person been spoofed. One idiosyncratic connected the Bitcointalk.org station called “franky1” said that this was apt the lawsuit and that the signature signing “can beryllium ‘fooled’ too.”

There has besides been speculation that the 1NChf and artifact 1,018 code could person been purchased by idiosyncratic astatine a aboriginal date. It has been known that radical person been seeking older addresses to acquisition and these solicitations person been discovered connected Reddit and bitcointalk.org. Whatever the lawsuit whitethorn be, the 1NChf and artifact 1,018 code is associated with immoderate precise peculiar transactions, and mined blocks that are rather perchance connected to Finney.

The machine scientist, Hal Finney, is revered by galore successful the Bitcoin community, and helium passed distant aft suffering from amyotrophic lateral sclerosis (ALS) complications successful Aug. 2014. The quality follows the crypto assemblage begging Twitter’s proprietor Elon Musk to sphere Finney’s Twitter relationship aft Musk said Twitter plans to purge 1.5 cardinal inactive Twitter names. While Finney denied helium was Bitcoin’s creator earlier helium passed away, galore crypto assemblage members wholeheartedly believe helium was the creator. Our onchain investigation says thing of the sort, but the onchain links and heuristics link to the 1NChf and artifact 1,018 address, and Hal Finney’s mined bitcoin and associated transactions.

Joshua Redman assisted successful reporting and contributed probe for this article.

What bash you deliberation astir the connections betwixt the 1NChf and artifact 1,018 code and the ostensible blocks and transactions associated with Hal Finney? Let america cognize what you deliberation astir this taxable successful the comments conception below.

Jamie Redman

Jamie Redman is the News Lead astatine Bitcoin.com News and a fiscal tech writer surviving successful Florida. Redman has been an progressive subordinate of the cryptocurrency assemblage since 2011. He has a passionateness for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written much than 6,000 articles for Bitcoin.com News astir the disruptive protocols emerging today.

Image Credits: Shutterstock, Pixabay, Wiki Commons, Editorial photograph credit: Joshua Redman, Andy Greenberg, Forbes,

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