This includes a 3,100 BTC transaction that kickstarted the attack. One of the most notorious is the near-20,000 BTC stolen from Bitstamp in 2015. There’s numerous bitcoin transactions that can be connected to hacks. That bidder proved to be Tim Draper, and that acquisition, for approximately $18 million, proved to be a very shrewd investment. The auction was split into 10 blocks, and in the end one individual won every single tranche. On July 1, 2014, close to 30,000 BTC was sent to the winning bidder in an auction held by US Marshals offloading assets seized from Silk Road. With 322,639 confirmations, there will be no rolling back this BTC transaction. The hit didn’t go through (it appears likely that redandwhite was both the assassin and blackmailer) but the transaction, for an agreed price of $150,000, did. On March 31, 2013, Silk Road operator Dread Pirate Roberts (DPR) sent 1,607 BTC to user ‘redandwhite’ to perform a hit on an individual who was extorting the deep web marketplace. In August of 2013, someone sent a 200 BTC fee, which was benevolently returned by the mining pool that collected it, and then in 2016 a transaction for 0.0001 BTC was sent with 291 BTC attached.
This was by no means the highest fee to be attached to a bitcoin transaction, by the way. In the end, the mining pool that confirmed the block refunded 7.5 BTC, granting the generous fee payer some consolation. That worked out at 6.8 million sats per byte. Help was forthcoming, but not before the 98 BTC transaction went through on May 16 with a whopping 30 BTC fee attached. “Hi, I entered a transaction fee that was way too high…is there anyway that I can stop the transaction from confirming?” asked a distressed Redditor back in 2013. It remained the largest amount of BTC ever sent at one time until November of that year, when 550,000 BTC was moved in one go. On June 23, 2011, 442,000 bitcoins were indeed sent to two addresses in a single transaction, including 424K to one. Leaked IRC logs allegedly show Karpeles offering to send 442K BTC, and blockchain records attest to this transaction taking place. Gox CEO Mark Karpeles had a different idea though when pressed to prove the funds under his custody, sending a massive tranche of BTC from one wallet he controlled to another in a show of strength. A few satoshis is all it takes to demonstrate proof of funds. When most whales wish to show that they own a particular bitcoin address, they’ll send a microtransaction from it. That works out at a cool 4,191 sats per byte. The 0.99 BTC on top, incidentally, was to cover the miner’s fee. It resides here, in block 57043, which records the dispatch of 10,000.99 BTC on May 22, 2010. The details don’t bear retelling again: we’re only interested in the blockchain record for the legendary transaction.
Laszlo Hanyecz’s 10,000 BTC pizza purchase is so famous that even nocoiners know about it. The number of BTC sent corresponds with the fact that the only way bitcoin could be obtained back then was by mining it, when the coinbase reward was set at 50 BTC.
12 2009 when Finnish developer Martti Malmi sold 5,050 BTC for $5.02, with the fiat amount transferred via Paypal. The first known sale of BTC in exchange for fiat occurred on Oct. The first BTC transaction First Bitcoin to Fiat Sale The cost of the transaction, like so many in the early days, was 0 BTC. 12, 2009 when Satoshi Nakamoto sent 50 BTC to Hal Finney in block 170. We might as well start at the start, with the first BTC transaction sent between two people and the only one known to have been sent by Satoshi. There’s magic and mystery encoded in the blockchain if you know where to look. But within this slender selection lurks a trove of Bitcoin history. With over 360 million BTC transactions to date, the following article details just 0.0000022 percent. It’s only once hindsight and context are applied that significance can be attached to a transaction like an opcode. Provided there’s a sufficient fee attached, it makes no difference to them who sender or recipient may be or how many BTC are transferred. These bitcoin transfers can be viewed in any blockchain explorer, where they have been immortalized by the public ledger and mythologized by the public.Īlso read: Snowden: “Large Population” Believes in Bitcoin as Means of Exchange Bitcoin History Begins on the BlockchainĪll bitcoin transactions are equal in the eyes of miners. But occasionally, a perfunctory transaction will attain historical significance. Every day, 300,000 of them occur on the BTC and BCH networks without fanfare. There’s nothing particularly special about a bitcoin transaction.
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