Refers to the very first block of a new blockchain based cryptocurrency.
Questions tagged [genesis-block]
117 questions
44
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Why can’t the genesis block coinbase be spent?
According to the bitcoin wiki:
The first 50BTC block reward went to address 1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa, though this reward can't be spent due to a quirk in the way that the genesis block is expressed in the code (this may have been…
Nick ODell
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What is TxIn's sequence?
I'm currently trying to generate the genesis block with my code and I've stumbled upon the TxIn sequence field that is not explained in the Protocol Specification wiki page, nor does it seem to appear in the block explorer. What is the way the value…
ThePiachu
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Is the timestamp in the genesis block relevant?
Bitcoin's genesis block contains this text published in The Times on January 3rd, 2009:
The Times 03/Jan/2009 Chancellor on brink of second bailout for banks
According to the Bitcoin Wiki, this guarantees that the block was only created after this…
nmat
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2 answers
How do you make a Genesis block?
What is involved in creating a genesis block? What makes it different from the other blocks in the chain.
user4381
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2 answers
How did the first 50 Bitcoins come into being?
How was the Bitcoin system initialized? Can one start the system with only a single node (computer)? Please explain it in plain English. Thanks, guys.
Ning
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Why is there a 5 days gap between genesis and block 1?
I remember reading somewhere that it was because Satoshi wanted to make sure everyone had time to download the client and setup everything, but now that I think about it I’m not satisfied with this response (and I can’t find where I read that…
Solal
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What is the genesis block?
What is the genesis block? In which ways is it important or different from other blocks?
Dr.Haribo
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What is the public key used to generate the Genesis block?
I'm trying to create and build a working fork of Bitcoin -- in order to understand how it works at the source code level. I see a lot of articles explaining how to create altcoins but they are not very helpful for the learning purpose as they skip a…
Mahdi
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Why do we need a genesis block?
In bitcoin, a blockchain always starts at the unique genesis block. Beyond that point there can be forks, and only when it is clear which branch will grow fastest (or if it has grown enough), we can know for sure (or almost) if a block will end up…
doetoe
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Is it true the genesis block reward can't be spent forever?
Is the genesis block reward forever unspendable?
Zamicol
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5
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Before Mining Genesis Block
Im trying to make a test altcoin and I created the genesis block, merkle root and nonce. When I compile and run the daemon, The coin is trying to connect other IPs for hours so I can't mine the genesis block. I've changed P2P and RPC port.
Why is…
ZG-RG
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How can we look at the hidden message in the first block?
This is the first block, how can I see the message?
'The Times 03/Jan/2009 Chancellor on brink of second bailout for banks'
smatthewenglish
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Details on Genesis Block
The question asked here displays the genesis block in pretty good detail. I am still trying to get a breakdown of some of the elements seen here (and some others not seen here):
The Merkle Root
Time
Bits
Nonce
The Transaction…
HenryDorsettCase
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2 answers
Why is the full blockchain required, effectively forever?
I do understand that every block is validated in terms of the blocks before it by way of the previous block's hash, all the way back to the genesis block. However, could the protocol be modified such that the blockchain is a sliding window over the…
noctonura
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Blocks from before the genesis block
How do we know that there are no blocks that predate the genesis block? A block that could potentially contain any number of coins. If somebody already created such a block from before the genesis but never published it could it (technically) stil…
Wouter
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