Why send 26.9 Bitcoin to Satoshi Nakamoto’s inactive wallet? Cointelegraph gathered the most outlandish theories and asked crypto industry leaders for their craziest hypotheses.
For a crypto advocate, New Year’s Eve is not only the celebration of the start of a new year — just a couple of days later, on Jan. 3, a significant anniversary occurs. On Jan. 3, 2009, pseudonymous Bitcoin (BTC) creator Satoshi Nakamoto mined the genesis block — the Bitcoin network’s first-ever block.
The genesis block contained 50 BTC, the block reward at the time.
The wallet would remain untouched until a trend emerged within the crypto community where crypto advocates would transfer BTC to the wallet as a tribute to Nakamoto.