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Crypto community remembers Hal Finney's contributions to blockchain on his 65th birthday The cypherpunk was one of the first people besides Satoshi Nakamoto to mine Bitcoin blocks, and reported many of the early bugs. 12609 Total views News 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 believi...

May 4, 2021 A touching sculpture dedication pays tribute to the legendary cryptographer Hal Finney and his love of running. “Running Bitcoin” is a sculpture in commemoration of Hal Finney — celebrating his 65th birthday and his contributions to Bitcoin. It will be up for auction beginning today, May 4, 2021, Hal's birthday, and 50% of the sale will be donated to ALS Association Golden Golden West Chapter. I am the artist, Marcus Connor, best known for being the original creator of the “Bitcoin Roller Coaster Guy.” Running Bitcoin Hal Finney was one of the very first people to run Bi...

You might not have even heard of Bitcoin until a few years ago -- or maybe even more recently than that. Believe it or not, the world's biggest cryptocurrency is more than a dozen years old. But its...

The Bitcoin Guessing Standard Bitcoin is a software program designed by Satoshi Nakamoto (which is believed to be a pseudonym). His objective, at least on the surface, was to create electronic cash; a new hard money. This is why it is often referred to as digital gold. Satoshi Nakamoto, in his design of Bitcoin, was influenced by the prior work of Hal Finney. Critically, with regard to creating electronic tokens, Finney took seriously the cost theory of value. In turn, when Nakamoto wrote his white paper, regarding Bitcoin, he embraced Finney’s notion that processing power and electricity e...

Ripple Co-founder Argues Need for Bitcoin to Switch from Proof-of-Work (PoW) Apr 22 2021 · 12:21 UTC | Updated 5 hours ago Photo: Fortune Brainstorm TECH / Flickr Share this article You have successfully joined our subscriber list. On Earth day, Chris Larsen in a blog post argued why he thinks Bitcoin needs to reconsider Proof-of-Work when validating transactions. As the oldest and the world’s most dominant crypto asset, its core technology remains largely unchanged. The world is changing and there is an increasing need for renewable energy and more energy-efficient uses. Though financi...