Three Things You Should Know about Hal Finney and Bitcoin

Image courtesy of Pixabay

March 11, 2018
by Sharon Moran

Hal Finney was the very first early adopter of bitcoin, and he had correspondence with Satoshi Nakamoto, Bitcoin’s creator. At one point, people even speculated he was Satoshi. It’s possible the mystery of who created bitcoin will never be fully solved, but there is no confusion that Hal Finney played a large part in bitcoin mining’s early days.

Here are three things Hal Finney you’ll find interesting:

He speculated that the value of one bitcoin could go as high as $10 million!

He let the world know he was mining bitcoin on January 10, 2009. Keep in mind this was just one day after bitcoin’s official launch.

He created a digital currency system that, in part, laid the foundation for the eventual creation of bitcoin. His system used RPOW (Reusable Proof of Work) tokens.

About Cryptobellum 67 Articles
Cryptobellum is a digital publication of Telesto Studios, LLC focusing on the cryptocurrency market and the underlying blockchain technology that fuels it. Created and managed by Sharon Moran, Cryptobellum also provides original features and covers AI and other technological advancements. Sharon was first introduced to Bitcoin in 2009, and later tried her hand at mining Litecoin in 2014, but it wasn’t until 2016 when she began to study the programming behind blockchain that she finally realized the technology’s full potential. She enjoys exploring the intersection of AI and blockchain and holds a B.S. in Psychology/Philosophy and an M.Ed. Contact her at sharon@telestostudios.com

1 Comment

  1. Did Hal Finney (recipient of 1st Bitcoin) launch NewYorkCoin $NYC in early 2014? As a BIG F-U to New York for targeting and prosecuting Bitcoin start-ups? (e.g. Charlie Shrem / BitInstant)

    NYC is the ONLY crypto in existence besides Bitcoin with an unknown developer. Launched 6 months before Hal Finney died. Original Github has never been accessed since.

    https://github.com/nycoin/nycoin

2 Trackbacks / Pingbacks

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