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Showing posts with label first. Show all posts
Showing posts with label first. Show all posts

First Bitcoin Transaction 10 BTC

The First Block

The Genesis Transaction (The First Block)


The first Bitcoin transactions directly related to Satoshi Nakamoto can be divided into two main milestones:
  • Date: January 3, 2009.
  • Detail: Satoshi Nakamoto mined the Genesis Block (Block 0), the very first block on the Bitcoin blockchain.
  • Transaction: This block contained the first Bitcoin "transaction." Technically, it was the initial block reward of 50 BTC that was created and sent to Satoshi Nakamoto's own address.
  • Important: This Genesis Block reward is unique and can never be spent due to a peculiarity in the code. It is often called the initial "mining transaction," but it was not a transfer from one person to another.
The First Real P2P (Peer-to-Peer) Transaction