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THIS DAY IN BITCOIN HISTORY

January 5

Satoshi’s forum post from January 5, 2010: “Re: Is my second Transaction working correctly? +Transfer Question”, quoted from the original source.

FROM THE ARCHIVE

What Satoshi wrote on January 5.

Forum posts · 2010Re: Is my second Transaction working correctly? +Transfer Question

The transfer is immediate if you send by IP address. If you send by bitcoin address and the recipient isn't online at the time, it might take 30 minutes or more to see it. Also, the recipient needs to be synced up wit…

SATOSHI ON DIFFICULTY
To compensate for increasing hardware speed and varying interest in running nodes over time, the proof-of-work difficulty is determined by a moving average targeting an average number of blocks per hour. If they'…
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