Difference between revisions of "Genesis block"
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− | The Genesis | + | The Genesis block is the first block in the Bitcoin [[Blockchain]] and can be found at block height zero. The hash of the Genesis block is '''[https://whatsonchain.com/block/000000000019d6689c085ae165831e934ff763ae46a2a6c172b3f1b60a8ce26f 000000000019d6689c085ae165831e934ff763ae46a2a6c172b3f1b60a8ce26f]''' |
− | The '''Genesis | + | The '''Genesis block''' is the common ancestor of all other blocks. It is hard wired into the Bitcoin node client software and [https://github.com/bitcoin-sv/bitcoin-sv/blob/master/src/chainparams.cpp cannot be deleted] |
The Genesis block has a timestamp of January 3rd 2009, 18:15:05h UTC. | The Genesis block has a timestamp of January 3rd 2009, 18:15:05h UTC. | ||
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The quote is from the following article from [http://web.archive.org/web/20140309004338/http://uk.reuters.com/article/2009/01/03/idUKPTIP32510920090103 The Financial Times] (archive.org cached copy) | The quote is from the following article from [http://web.archive.org/web/20140309004338/http://uk.reuters.com/article/2009/01/03/idUKPTIP32510920090103 The Financial Times] (archive.org cached copy) | ||
− | The article concerns the intervention of | + | The article concerns the intervention of The State in banking during times of crisis and the devaluation of centrally issued currencies in times of bailout as an incentive for bad actors. [[Satoshi Nakamoto|Dr Craig Wright]] discusses this topic in [https://medium.com/@adam_selene/genesis-c5b4edff6b9c this article] written under the pseudonym 'Adam Selene'. |
===Timestamp=== | ===Timestamp=== | ||
− | Although the average time between Bitcoin blocks is 10 minutes, the timestamp of the next block is a full 6 days after the | + | Although the average time between Bitcoin blocks is 10 minutes, the timestamp of the next block is a full 6 days after the Genesis block. Dr Craig Wright has indicated that the delay occurred because a scheduled patch for Windows was released by Microsoft which caused all of his computers to shut down at once, and it required several days before he was able to get it back up and running. |
===Raw block data=== | ===Raw block data=== | ||
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==Attribution== | ==Attribution== | ||
− | This content is based on content sourced from https://en.bitcoin.it/wiki/Genesis_block under [https://creativecommons.org/licenses/by/3.0/ Creative Commons Attribution 3.0]. Although it may have been extensively revised and updated we acknowledge the original authors. | + | This content is based on content sourced from https://en.bitcoin.it/wiki/Genesis_block under [https://creativecommons.org/licenses/by/3.0/ Creative Commons Attribution 3.0]. Although it may have been extensively revised and updated, we acknowledge the original authors. |
Latest revision as of 01:41, 11 January 2022
The Genesis block is the first block in the Bitcoin Blockchain and can be found at block height zero. The hash of the Genesis block is 000000000019d6689c085ae165831e934ff763ae46a2a6c172b3f1b60a8ce26f
The Genesis block is the common ancestor of all other blocks. It is hard wired into the Bitcoin node client software and cannot be deleted
The Genesis block has a timestamp of January 3rd 2009, 18:15:05h UTC.
Coinbase
The coinbase parameter contains, along with the normal data, the following text:
The Times 03/Jan/2009 Chancellor on brink of second bailout for banks
The quote is from the following article from The Financial Times (archive.org cached copy)
The article concerns the intervention of The State in banking during times of crisis and the devaluation of centrally issued currencies in times of bailout as an incentive for bad actors. Dr Craig Wright discusses this topic in this article written under the pseudonym 'Adam Selene'.
Timestamp
Although the average time between Bitcoin blocks is 10 minutes, the timestamp of the next block is a full 6 days after the Genesis block. Dr Craig Wright has indicated that the delay occurred because a scheduled patch for Windows was released by Microsoft which caused all of his computers to shut down at once, and it required several days before he was able to get it back up and running.
Raw block data
The raw hex version of the Genesis block looks like:
00000000 01 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 ................ 00000010 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 ................ 00000020 00 00 00 00 3B A3 ED FD 7A 7B 12 B2 7A C7 2C 3E ....;£íýz{.²zÇ,> 00000030 67 76 8F 61 7F C8 1B C3 88 8A 51 32 3A 9F B8 AA gv.a.È.ÈŠQ2:Ÿ¸ª 00000040 4B 1E 5E 4A 29 AB 5F 49 FF FF 00 1D 1D AC 2B 7C K.^J)«_Iÿÿ...¬+| 00000050 01 01 00 00 00 01 00 00 00 00 00 00 00 00 00 00 ................ 00000060 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 ................ 00000070 00 00 00 00 00 00 FF FF FF FF 4D 04 FF FF 00 1D ......ÿÿÿÿM.ÿÿ.. 00000080 01 04 45 54 68 65 20 54 69 6D 65 73 20 30 33 2F ..EThe Times 03/ 00000090 4A 61 6E 2F 32 30 30 39 20 43 68 61 6E 63 65 6C Jan/2009 Chancel 000000A0 6C 6F 72 20 6F 6E 20 62 72 69 6E 6B 20 6F 66 20 lor on brink of 000000B0 73 65 63 6F 6E 64 20 62 61 69 6C 6F 75 74 20 66 second bailout f 000000C0 6F 72 20 62 61 6E 6B 73 FF FF FF FF 01 00 F2 05 or banksÿÿÿÿ..ò. 000000D0 2A 01 00 00 00 43 41 04 67 8A FD B0 FE 55 48 27 *....CA.gŠý°þUH' 000000E0 19 67 F1 A6 71 30 B7 10 5C D6 A8 28 E0 39 09 A6 .gñ¦q0·.\Ö¨(à9.¦ 000000F0 79 62 E0 EA 1F 61 DE B6 49 F6 BC 3F 4C EF 38 C4 ybàê.aÞ¶Iö¼?Lï8Ä 00000100 F3 55 04 E5 1E C1 12 DE 5C 38 4D F7 BA 0B 8D 57 óU.å.Á.Þ\8M÷º..W 00000110 8A 4C 70 2B 6B F1 1D 5F AC 00 00 00 00 ŠLp+kñ._¬....
Broken down it looks like this:
01000000 - version 0000000000000000000000000000000000000000000000000000000000000000 - prev block 3BA3EDFD7A7B12B27AC72C3E67768F617FC81BC3888A51323A9FB8AA4B1E5E4A - merkle root 29AB5F49 - timestamp FFFF001D - bits 1DAC2B7C - nonce 01 - number of transactions 01000000 - version 01 - input 0000000000000000000000000000000000000000000000000000000000000000FFFFFFFF - prev output 4D - script length 04FFFF001D0104455468652054696D65732030332F4A616E2F32303039204368616E63656C6C6F72206F6E206272696E6B206F66207365636F6E64206261696C6F757420666F722062616E6B73 - scriptsig FFFFFFFF - sequence 01 - outputs 00F2052A01000000 - 50 BTC 43 - pk_script length 4104678AFDB0FE5548271967F1A67130B7105CD6A828E03909A67962E0EA1F61DEB649F6BC3F4CEF38C4F35504E51EC112DE5C384DF7BA0B8D578A4C702B6BF11D5FAC - pk_script 00000000 - lock time
Attribution
This content is based on content sourced from https://en.bitcoin.it/wiki/Genesis_block under Creative Commons Attribution 3.0. Although it may have been extensively revised and updated, we acknowledge the original authors.