Who received the first Bitcoin transaction?
Answer
Hal Finney
Answer
Hal Finney
Who received the first Bitcoin transaction? Hal Finney received the first Bitcoin transaction.
On 12 January 2009, Satoshi Nakamoto sent 10 bitcoins to Hal Finney in what is widely recognized as the first Bitcoin transaction between two people. The transaction appeared in block 170, shortly after Nakamoto mined the genesis block and released Bitcoin’s first software.
Finney was a computer scientist, programmer, and prominent cryptographer. He downloaded the Bitcoin software soon after its release, ran it, and became one of the project’s earliest users and contributors. His early correspondence with Nakamoto is an important record of Bitcoin’s first days.
This transaction should not be confused with the genesis block’s coinbase transaction. The genesis block created the first bitcoins as a mining reward, but its reward is treated differently from an ordinary spendable transfer. Another famous early transaction was Laszlo Hanyecz’s purchase of two pizzas for 10,000 bitcoins in May 2010, but that was the first widely known commercial Bitcoin purchase—not the first Bitcoin transaction.
Source: Wikipedia · fact-checked Sept. 2026