Seventeen years ago today, the Bitcoin genesis block, also known as Block #0, was mined by the pseudonymous creator Satoshi Nakamoto. This historic event took place on January 3, 2009, on a small server in Helsinki, Finland. The genesis block famously includes a message embedded in its CoinBase data: "The Times 03/Jan/2009 Chancellor on brink of second bailout for banks," reflecting the financial climate of the time.
The genesis block contained a single transaction and a block reward of 50 bitcoins, marking the inception of the Bitcoin network. This milestone laid the foundation for the decentralized digital currency revolution, which has since grown into a global phenomenon.
Bitcoin Genesis Block Celebrates 17th Anniversary
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