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Title: How did the First Bitcoins get Generated? Post by: BitcoinBarrel on May 11, 2013, 04:15:49 AM How did the very first transaction take place? How did the first person even get a bitcoin?
Title: Re: How did the First Bitcoins get Generated? Post by: BTConomist on May 11, 2013, 04:22:09 AM How did the very first transaction take place? How did the first person even get a bitcoin? A bit technical, but a fun and easy read nonetheless: http://james.lab6.com/2012/01/12/bitcoin-285-bytes-that-changed-the-world/ Title: Re: How did the First Bitcoins get Generated? Post by: charleshoskinson on May 11, 2013, 04:41:46 AM The first person to receive bitcoins was Satoshi Nakamoto the creator of bitcoins back in Janaury 3rd, 2009. We call the first block the Genesis Block and it contained a special string to prove its date of creation:
The Times 03/Jan/2009 Chancellor on brink of second bailout for banks He was unable to spend the 50 btc he received because the coinbase transaction was never added to the global transaction database thus the first coins that were spendable were in block number 1: https://blockchain.info/block/00000000839a8e6886ab5951d76f411475428afc90947ee320161bbf18eb6048 Is all the meta info about the legendary block number 1. Title: Re: How did the First Bitcoins get Generated? Post by: Elwar on May 11, 2013, 04:43:59 AM https://blockchain.info/block/00000000839a8e6886ab5951d76f411475428afc90947ee320161bbf18eb6048 Is all the meta info about the legendary block number 1. According to the map on that page, Satoshi lives in middle of the ocean off the coast of Africa. Satoshi either lives under the sea or is a seasteader. There is no end to his advanced thinking. Title: Re: How did the First Bitcoins get Generated? Post by: charleshoskinson on May 11, 2013, 04:45:02 AM We both know when you can't get a lock on the loc it just defaults to the sea. He was on an anonymous VPN connected to it through tor. Dude's a shadow.
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