Cryptocurrencies

Crypto Legend Who Bought Pizza With 10,000 Bitcoin Is Back At It

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By Camila Russo

February 26, 2018 at 7:33 PM UTC

This article is for subscribers only.

It’s one of the best-known cryptocurrency legends: The guy who bought two pizzas with 10,000 Bitcoin back in 2010 to prove the digital currency worked. Now he’s at it again.

This time, early Bitcoin developer Laszlo Hanyecz wanted to test the Lightning Network, a technology that runs parallel to a blockchain like Bitcoin’s network and aims to speed up transactions. He ended up paying 0.00649 Bitcoin for two pizzas, or $67, and the transaction cost about 6 U.S. cents.