Bitcoin Pioneer and First Bitcoin Recipient Hal Finney Passes Away

Bitcoin Pioneer and First Bitcoin Recipient Hal Finney Passes Away

The bitcoin world lost one of its earliest pioneers today with the legal passing of Hal Finney, the recipient of the world's first bitcoin transaction and its first identified developer after Satoshi Nakamoto. He was 58 years old. Finney had been diagnosed with the disease ALS (Amyotrophic lateral sclerosis, or Lou Gehrig's disease) in 2009 and was wheelchair-bound for the last few years of his life. Despite this, he remained as active as possible in the bitcoin community, even giving interviews as recently as March of this year. Finney was also a key figure in the world of cryptography,....


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The First Bitcoin Transaction took place in 2009 January 12! Satoshi Nakamoto sent 100 BTC to Hal Finney. About Finney: Hal Finney (born May 4, 1956) is a developer for PGP Corporation, and was the second developer hired after Phil Zimmerman. In 2004, Finney created the first reusable proof of work system before Bitcoin. In January 2009, Finney was the Bitcoin network’s first recipient transaction.

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August 28th marks the day in which one of the earliest Bitcoin users passed away: Hal Finney. Finney was born on May 4th, 1956 in Coalinga, California. Born as the son of a petroleum engineer, Finney attended the California Institute of Technology where he graduated with a BS in engineering. Though his upbringing and origins […]