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Author Topic: [Ignore] Another wrong Hal is Satoshi post. (my bad)  (Read 111 times)
BayAreaCoins (OP)
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November 13, 2020, 12:10:49 AM
Last edit: November 13, 2020, 03:20:40 AM by BayAreaCoins
Merited by janggernaut (1)
 #1

EDIT:  I BELIEVE I MADE A MISTAKE ASSUMING 1ByLSV2gLRcuqUmfdYcpPQH8Npm8cccsFg WAS HAL's.  
MY BAD AND THAT KIND OF FUCKS MY THEORY... I'M GOING TO LOOKING WHEN I WAKE UP TOMORROW,


When Satoshi announced the first release of the software, I grabbed it right away. I think I was the first person besides Satoshi to run bitcoin. I mined block 70-something, and I was the recipient of the first bitcoin transaction, when Satoshi sent ten coins to me as a test. I carried on an email conversation with Satoshi over the next few days, mostly me reporting bugs and him fixing them.

Hal claimed that the 10 BTC sent from "Satoshi" to Hal was the first Bitcoin transaction to Hal.

On 2009-01-14 14:40 someone moved those 10 BTC to a new wallet...(txid:  a3b0e9e7cddbbe78270fa4182a7675ff00b92872d8df7d14265a2b1e379a9d33) however, there is something interesting about that transaction:

There is a transaction for 1 BTC received by Hal's wallet that originated from the 10 BTC Satoshi donation wallet.  

Hal received the 1 BTC at 2009-01-12 01:16

Hal received the 10 BTC at 2009-01-12 14:04

So Hal received a Bitcoin transaction roughly 3 hours before he received the "first bitcoin transaction" of 10BTC AND the 1BTC traces back to the wallet that sent Hal the 10 BTC in the first place as well...

It goes as such:

https://www.blockchain.com/btc/tx/0437cd7f8525ceed2324359c2d0ba26006d92d856a9c20fa0241106ee5a597c9 - 50btc generated by assumed "Satoshi"

https://www.blockchain.com/btc/tx/12b5633bad1f9c167d523ad1aa1947b2732a865bf5414eab2f9e5ae5d5c191ba - 29BTC from the 50 are peeled into two wallet.  28 BTC in 12cbQLTFMXRnSzktFkuoG3eHoMeFtpTu3S and 1 BTC 13HtsYzne8xVPdGDnmJX8gHgBZerAfJGEf

https://www.blockchain.com/btc/tx/4385fcf8b14497d0659adccfe06ae7e38e0b5dc95ff8a13d7c62035994a0cd79 - The peel address "13Hts" address then sends 1 BTC to Hal's wallet at 01:16.... for the real "first Bitcoin transaction" to Hal's wallet....

https://www.blockchain.com/btc/tx/828ef3b079f9c23829c56fe86e85b4a69d9e06e5b54ea597eef5fb3ffef509fe - Four hours later Hal claims he received the first Bitcoin transaction of 10btc from the 12cbQL address that sent him the 1BTC via a peel address four hours previous.


Why in the world did Hal say that the 10BTC was the first-ever when it clearly was not......

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November 13, 2020, 12:26:28 AM
 #2

On its own it proves the pseudo anonymity of bitcoin and proves the traceability of the blockchain though...

Perhaps he forgot the transaction came through or he thought the 10 was more interesting than the 1, value wise or something...
It'd be nice to pay zero sats per byte these days for a transaction too Grin.
BayAreaCoins (OP)
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November 13, 2020, 12:47:33 AM
Last edit: November 13, 2020, 01:16:35 AM by BayAreaCoins
 #3

It'd be nice to pay zero sats per byte these days for a transaction too Grin.

Little offtopic, but this is really important and I've been working on this all week for my site:

Stop trusting your Bitcoin client to calculate fees for you... it's HORRIBLE wrong.
(Lots of third party websites like Earn.com are even worse at estimating fees than the client... avoid them like the plague!)

Imagine Bitcoin like a highway... would you drive on 7 am Sunday based on Fridays 5 pm rush hour traffic or would you drive based on the traffic at the moment?  The moment of course! But that isn't how the "fee estimator" works at ALL.

People are grossly overpaying for Bitcoin because the wallet estimator is fucked.  Earn.com and other API providers are even more fucked and priced pointlessly high...

Earn.com API right now says to pay 328 satoshis/byte, Bitcoin Core wallet says 0.00091582 for two blocks, and the reality is:



4 sats for the next block in reality!

Each block clears out 1mb ish... so its fucking wild that Bitcoin Core & Earn would say to pay those huge fees it's obvious you could pay 4 satoshi for the next block.  Almost overcharging 100x and this causes a "pile-up" in the road.

The client is basically like a blind Uber driver trying to select the right toll lane to go over the Bay Bridge... "Well, I remember it was SUPER busy on Friday, so I better take the $10 toll rather than the 10 cent toll!"  When in reality your driver doesn't just use his fucking eyes and look to see which toll lane is best rather than trying to use historic data for a real-time event. (Earn is like a blind driver that also suffers from a little bit of Down Syndrome, lol! Tongue)

Tl;dr stop using Bitcoin Cores fee estimator and third party API websites... they are fucking wrong, horribly designed for users (great for miners), and are basically duping people out of millions of dollars in unneeded fees.


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November 13, 2020, 01:16:13 AM
 #4

Thank you BayArenaCoins for your investigations. It shows the good things we can get from public ledger. Everything is public but your findings don't change the fact that Hal is the first one who received bitcoin from satoshi. In addition to this, Hal is a very first contributors to the developments and growths of bitcoin.

Without Hal, maybe the world would have someone else joined and cooperated with satoshi but in real life, only Hal is the first one.

About fee estimators, from what I understood, if they don't run full node to get real-time updates for mempool, their tools will calculate wrong fee estimators. Mempool changes within seconds and it is never right to use mempool size from previous block to estimate fee.

 
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janggernaut
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November 13, 2020, 01:41:02 AM
 #5

Maybe he was gonna saying "I'm the first person who received first bitcoin transaction from satoshi"

Is there any information who have sent Hal 1 bitcoin as "the first real transaction"?
BayAreaCoins (OP)
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November 13, 2020, 01:52:57 AM
Last edit: November 13, 2020, 02:42:38 AM by BayAreaCoins
 #6

Maybe he was gonna saying "I'm the first person who received first bitcoin transaction from satoshi"

Is there any information who have sent Hal 1 bitcoin as "the first real transaction"?

The 1 BTC that Hal received before the 10BTC came from the same wallet that sent him the 10BTC (with one address in the middle, AKA a peel address)

The 1 BTC ended up in 15NUwyBYrZcnUgTagsm1A7M2yL2GntpuaZ (Hal's address because these coins were swept along with the "first 10btc Hal received from Sat") and the 1btc came from 13HtsYzne8xVPdGDnmJX8gHgBZerAfJGEf (assumed Satoshi Change Address) which came from 12cbQLTFMXRnSzktFkuoG3eHoMeFtpTu3S (Assumed Satoshi Main Address)

The 10 BTC came directly from from 12cbQLTFMXRnSzktFkuoG3eHoMeFtpTu3S.

Hal made a Ross like a mistake and exposed himself right off the bat.  I think I made a mistake with the address "1ByLSV2gLRcuqUmfdYcpPQH8Npm8cccsFg"

Hal ran multiple wallets and Hal is Satoshi.


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janggernaut
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November 13, 2020, 02:18:17 AM
 #7

Thanks for explanation.


Hal is Satoshi.

Do you mean, Satoshi already died?

Hal Finney died August 28, 2014. He will forever remain in history as a man who made a huge contribution to the development of Bitcoin.

BayAreaCoins (OP)
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November 13, 2020, 02:39:14 AM
 #8

Thanks for explanation.

Actually,  I think I made a mistake in the OP... I'm going to have to double-check the address 1ByLSV2gLRcuqUmfdYcpPQH8Npm8cccsFg.

That kinda fucks up everything I said... ops!

Thanks for explanation.
Do you mean, Satoshi already died?

Hal Finney died August 28, 2014. He will forever remain in history as a man who made a huge contribution to the development of Bitcoin.



One thing I am for sure is that Hal has spent Bitcoins well beyond the grave...  Check out his confirmed wallet spending coins in 2017:  https://www.blockchain.com/btc/address/1Q2TWHE3GMdB6BZKafqwxXtWAWgFt5Jvm3

See this screenshot above to confirm that 1Q2TW is for sure Hals.

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BayAreaCoins (OP)
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November 13, 2020, 03:21:21 AM
 #9

I did in fact make a mistake in the OP.

I was confused on which address was "Hals".

However, Hal's addresses have spent coins since his death, for sure.

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