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