The Genesis BlockThe Genesis BlockThe Genesis BlockThe Genesis Block
the block that started it all
>> BITCOIN MARKS 17 YEARS SINCE GENESIS BLOCK MINED
The Genesis Block carried a 50 BTC reward that's still unspendable, plus a Times headline about the 2008 financial crisis, highlighting Bitcoin's roots as an alternative to centralized banking.
Today, Bitcoin boasts a $1.78 trillion market cap, a price near $90,000, and over 850,000 blocks secured on its path to a 21 million coin supply.
Satoshi's estimated 1.1 million untouched BTC sit worth nearly $100 billion, while the community celebrates the code's unbroken 17-year run of resilience and no central control.
>> LORE
Satoshi wrote a comment in the original code that defines the Genesis block as the "root" of the blockchain: "The block chain is a tree shaped structure starting with the genesis block at the root, with each block potentially having multiple candidates to be the next block.
Source: coingeek.com/the-mystery-of-the-genesis-block/ >PUMP.FUN
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