Bitcoin Pizza Day: The story of buying pizza with 10,000 BTC
On May 22, 2010, a programmer named Laszlo Hanyecz bought two pizzas for 10,000 BTC, which is considered the first economic transaction in bitcoin. Since then, in order to commemorate this “Bitcoin Pizza Transaction”, the Bitcoin community has designated May 22 every year as Bitcoin Pizza Day.
01 History of the Bitcoin Pizza Day
The history of the Bitcoin Pizza Day can be traced back to May 22, 2010, when Bitcoin was still an emerging digital currency, and only a few people knew its value. Laszlo Hanyecz, an early Bitcoin enthusiast and programmer, wanted to buy some food with Bitcoin, so he posted a post on the Bitcoin forum, saying that he would pay 10,000 BTC for two pizzas, hoping someone was able to complete the deal for him.
A few days later, someone completed the Bitcoin pizza transaction for him. This transaction was also recorded on the Bitcoin blockchain, becoming the first economic transaction in the history of Bitcoin.
Laszlo Hanyecz bought 2 pizzas with 10,000 BTC. You must know that the value of this transaction was only about $25 at the time, but now it has exceeded hundreds of millions of dollars…
Does this 10,000 BTC transaction really exist?
Due to the open and transparent nature of the blockchain, all transactions recorded on the blockchain can be queried using a blockchain explorer, allowing users to easily track and verify transaction information. Next, we will verify this bitcoin pizza transaction through the bitcoin block explorer.
02 Use the Bitcoin block explorer to query transaction records
If you want to know the details of the Laszlo Hanyecz transaction, you can use our Bitcoin block explorer to verify the transaction.
The following are the query steps:
1. Open the Bitcoin block explorer: https://btc.tokenview.io
2. Copy the transaction hash of “bitcoin pizza transaction” into the search bar of the bitcoin block explorer, and we will enter this transaction.
Pizza transaction hash:
a1075db55d416d3ca199f55b6084e2115b9345e16c5cf302fc80e9d5fbf5d48d
3. View transaction records. You can find the transaction record of Laszlo Hanyecz sending 10,000 BTC on May 22, 2010 in the transaction history.
At the top of the page, you can see the transaction hash, block, time, transaction fee and confirmation number of the transaction. In addition to the transaction of 10,000 BTC, a transaction fee of 0.99 BTC was paid to the miners.
At the bottom of the page are the input and output records of the transaction.
On the left is the bitcoin paid for the pizza (10,000 BTC in total). These are sent to the single address on the right (belonging to the pizza delivery guy). Click on the receiving address on the right to see its transaction history.
Additionally, clicking on block height 57,043 will give you details about the block that contains this transaction.
There are two transactions in this block, one is the payment of pizza, and the other is the miner’s block reward, which is 50.99 BTC.
03 end
Blockchain explorer provides all valuable information of the blockchain network, including transaction and address. Therefore, any data on the chain can be retrospectively verified and analyzed by using the blockchain explorer.
As you can see, we confirmed that there was indeed a transfer of 10,000 BTC on May 22, 2010. Now you can not only understand the history of the Bitcoin Pizza Day, but also understand the details of this transaction through the Bitcoin block explorer, and track the follow-up transaction dynamics.
It’s time to play with your own hands and start the journey of blockchain data, maybe you can find more interesting secrets and surprises!
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