Satoshi Address Hal

[Gregory91]

Hello Bitcoiners, I have been viewing the blockchain and history over the last few weeks. I have noticed that there are people who donate or burn coins to Satoshi addresses such as the first sending address and Genesis block receiver.

I have noticed over all the years no one has donated or burned coins to Hal Finney, even though he may well be Satoshi himself, I think so.

Here you can see Hal's address

1AiBYt8XbsdyPAELFpcSwRpu45eb2bArMf

https://www.blockchain.com/explorer/addresses/BTC/1AiBYt8XbsdyPAELFpcSwRpu45eb2bArMf

There has been one donation or burn coin to it since 2009.

Why has no one burned or donated coins to that wallet since without him there would be no bitcoin for anyone.

Why does the Genesis address get all the coins to it or is it a attack on the network somehow?

Gregory

[FortuneFollower]

Even if you do get to the truth.. What it would give you? Why are you interested so much in this specific address, OP?

[SeriouslyGiveaway]

I have noticed over all the years no one has donated or burned coins to Hal Finney, even though he may well be Satoshi himself, I think so.

Hal Finney was proven by Jameson Lopp as not a Satoshi Nakamoto.
Hal Finney was not Satoshi Nakamoto.

You firstly need to read that article for more information but you have rights to disagree with that, however let's say you need to have evidence for backing your disagreement with findings from Jameson Lopp.

[internetional]

First of all, the cultural and symbolic effect matters. The early "Satoshi addresses" have become a public memorial symbol of Bitcoin, so people send "donation burns" there as a ritual. It is not just burning - it is burning on an altar.

Second, regarding Hal's addresses, I have never heard that the private keys are definitely lost. What if they still exist somewhere, and I send bitcoins there to burn them, but it turns out I simply gifted them to someone who does not deserve it?

[ContentWriter]

First of all, the cultural and symbolic effect matters. The early "Satoshi addresses" have become a public memorial symbol of Bitcoin, so people send "donation burns" there as a ritual. It is not just burning - it is burning on an altar.

Second, regarding Hal's addresses, I have never heard that the private keys are definitely lost. What if they still exist somewhere, and I send bitcoins there to burn them, but it turns out I simply gifted them to someone who does not deserve it?

My thoughts too. Why would I even be interested in burning bitcoins that are not unlimited? It is simply a waste and a waste of time and resource. If I have enough to donate, it makes more sense to give to developers doing a great work to improve the network and not to some addresses who do not really need them. To the best of my knowledge, Satoshi isn't coming back and would probably never need the coins people send him. What am I even saying? The address has more than one million bitcoins so why send more? Why waste more?

[FinneysTrueVision]

That's not "Hal's address", it didn't receive coins until 2019 (after Hal died).

The public key of that address did receive some BTC prior to 2019, that’s why there’s a discrepancy between  different block explorers.

https://mempool.space/address/04fd024595ebaa7a83bd672cd7d59e6eb42f0f04e7dc77a4f0634e45c2420d8a949cba06cde901f23d52cda564d494d172ba80281fa2d9c2a2e825e9c462be0da6

[Sunshine1525]

First of all, the cultural and symbolic effect matters. The early "Satoshi addresses" have become a public memorial symbol of Bitcoin, so people send "donation burns" there as a ritual. It is not just burning - it is burning on an altar.

Second, regarding Hal's addresses, I have never heard that the private keys are definitely lost. What if they still exist somewhere, and I send bitcoins there to burn them, but it turns out I simply gifted them to someone who does not deserve it?

My thoughts too. Why would I even be interested in burning bitcoins that are not unlimited? It is simply a waste and a waste of time and resource. If I have enough to donate, it makes more sense to give to developers doing a great work to improve the network and not to some addresses who do not really need them. To the best of my knowledge, Satoshi isn't coming back and would probably never need the coins people send him. What am I even saying? The address has more than one million bitcoins so why send more? Why waste more?

It's just like telling someone like me that's yet to acquire enough Bitcoin to donate to Hal because of his contributions to Bitcoin, dude has enough and should be the one gifting me if possible other than me giving the little I have to him.

Also, I really don't know why people are playing detective concerning the identity of Satoshi, does it really matter? If person or people behind the name wanted to be discovered, they or he would've left a clue but then Satoshi decided to be anonymous for a reason so people to channel their attention to owning more Bitcoins than discovering the creator.

[betswift]

I have noticed over all the years no one has donated or burned coins to Hal Finney, even though he may well be Satoshi himself, I think so.

Hal Finney was proven by Jameson Lopp as not a Satoshi Nakamoto.
Hal Finney was not Satoshi Nakamoto.

You firstly need to read that article for more information but you have rights to disagree with that, however let's say you need to have evidence for backing your disagreement with findings from Jameson Lopp.

Anddd here it goes..

I would suggest OP to read through this article as well as many threads on the Forum itself on the matter before going forward..

[Dave1]

That Satoshi's Bitcoin address is symbolic to all Bitcoiners as it is the Genesis Block and so the beginning of what is to become the revolution that we are in right now.

Hal Finney is also a legendary figure, but he is not Satoshi, and that address doesn't have that impact as the Genesis block. And I think there's no need of comparing the two. Both has it's position in Bitcoin's history.

[FortuneFollower]

That Satoshi's Bitcoin address is symbolic to all Bitcoiners as it is the Genesis Block and so the beginning of what is to become the revolution that we are in right now.

Hal Finney is also a legendary figure, but he is not Satoshi, and that address doesn't have that impact as the Genesis block. And I think there's no need of comparing the two. Both has it's position in Bitcoin's history.

Agreed.

I also still think why it would be an attack on the network.. That's just like bringing flowers to the places where your loved ones were, memorial of sorts.

[Doan9269]

I have noticed over all the years no one has donated or burned coins to Hal Finney, even though he may well be Satoshi himself, I think so.

We don't burn coin in bitcoin, be corrected, burning is mostly used in altcoins, secondly, don't be deceived, Hal Finney is well known and has passed on years ago, he is not Satoshi, no one know Satoshi, but in your own definition and understanding, if you choose to assume he was Satoshi, so be it.

Why has no one burned or donated coins to that wallet since without him there would be no bitcoin for anyone.

Why does the Genesis address get all the coins to it or is it a attack on the network somehow?

When you see him, reserve these questions for him, because he is the only one in the best position to answer all these, who are we to give a reply on what transpired when we were not there.

[Mpamaegbu]

I have noticed over all the years no one has donated or burned coins to Hal Finney, even though he may well be Satoshi himself, I think so.

You didn't need to create a fresh account because you wanted to disagree with what many here would consider the right line of thought – that Hal wasn't Satoshi. You're entitled to your opinion just like others are to theirs. No need to fear any backlash.

There has been one donation or burn coin to it since 2009.

Actually, two donations. One happened in February 2019 and another was last year, July 2025. The amounts were highly negligible to the point I'm of the opinion they were mistakenly sent there.

Why has no one burned or donated coins to that wallet since without him there would be no bitcoin for anyone.

Sentiments apart, it won't make any sense doing that. To what use will that be?

[fikrett]

When you see him, reserve these questions for him, because he is the only one in the best position to answer all these, who are we to give a reply on what transpired when we were not there.

Because people love speculations. We live in them and do them ourselves, smaller ones or bigger ones..

[rat03gopoh]

That's not Hal's more widely known address. It should be the address in this transaction hash, f4184fc596403b9d638783cf57adfe4c75c605f6356fbc91338530e9831e9e16 (1Q2TWHE3GMdB6BZKafqwxXtWAWgFt5Jvm3).

This transaction was when Satoshi gave Hal 10 BTC, and it was the first transaction between "2 people" in the Bitcoin network⁽¹⁾. This address frequently received small transfers afterward, most between 2023 and 2025⁽²⁾.


1) https://gist.github.com/johnzweng/09aa944d9379607ce2442c8199034b59
2) https://bitinfocharts.com/bitcoin/address/1Q2TWHE3GMdB6BZKafqwxXtWAWgFt5Jvm3

[SquirrelJulietGarden]

That's not Hal's more widely known address. It should be the address in this transaction hash, f4184fc596403b9d638783cf57adfe4c75c605f6356fbc91338530e9831e9e16 (1Q2TWHE3GMdB6BZKafqwxXtWAWgFt5Jvm3).

This transaction was when Satoshi gave Hal 10 BTC, and it was the first transaction between "2 people" in the Bitcoin network⁽¹⁾. This address frequently received small transfers afterward, most between 2023 and 2025⁽²⁾.

1) https://gist.github.com/johnzweng/09aa944d9379607ce2442c8199034b59
2) https://bitinfocharts.com/bitcoin/address/1Q2TWHE3GMdB6BZKafqwxXtWAWgFt5Jvm3

Hal Finney is a developer, and he run Bitcoin full node, mine bitcoins so he possibly created and used different wallets and addresses too. We never know how many wallets, addresses Hal Finney created and used like we don't know about these things owned by Satoshi Nakamoto.
Running Bitcoin https://x.com/halfin/status/1110302988

About the transaction between Satoshi and Hal, there is an interesting topic on it.
Payment No. 1: A Closer Look at the Very First Bitcoin Transfer