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Author Topic: ★ Bitcoin & Genesis Block - 11 Years Of Glory ★  (Read 377 times)
TalkStar (OP)
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January 03, 2020, 07:32:28 PM
Last edit: January 04, 2020, 06:49:52 AM by TalkStar
 #1

 

"BITCOIN & GENESIS BLOCK - 11 YEARS OF GLORY"

Today on 3rd January its been 11 years that first bitcoin "Genesis Block" was created by the creator of bitcoin "Satoshi Nakamoto". On January 03, 2009 he mined the first ever bitcoin genesis block which contain 50 BTC block reward and it went to the address 1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa . It was the beginning of bitcoin and after 11 year millions of people are now connected with the network of bitcoin.


Some facts about "Bitcoin" and "Genesis Block":


1. Bitcoin whitepaper released on October 31, 2008 but first bitcoin genesis block was created on 3rd January, 2009.
2. First genesis block also known as "Block 0"
3. Satoshi Nakamoto is the creator of "Genesis Block" and also founder of "Bitcoin" & "Bitcointalk"
4. First block contain a message from Satoshi Nakamoto "The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"



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January 03, 2020, 08:42:33 PM
 #2

-snip-
Yes. And it means the birth of Bitcoin. The first time Bitcoin was created.

I think it is time to say: Happy birthday, Bitcoin. You have been 11 years and continues to exist among various good/bad issues about you. I believe you are unstoppable and will be there lasting.  Smiley

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January 05, 2020, 05:46:29 PM
Last edit: January 05, 2020, 05:59:41 PM by ScamViruS
 #3

It was the beginning. 11 years have passed since then, and Bitcoin is now known worldwide. I believe there is a better future ahead for Bitcoin. From the beginning Bitcoin has to overcome from many issues to come to this place.We are grateful to Satoshi Nakamoto for allowing us to use  bitcoin. Many good wishes for bitcoin.

A BTCitcoin lover.  Cheesy

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January 05, 2020, 06:41:23 PM
Merited by pooya87 (1)
 #4

Possibly a good opportunity to point out here that a 'test' genesis block with a different hash existed in 'the early Bitcoin sources from November 16, 2008 - a few months before the current blockchain began.' ... See:

Bitcoin source from November 2008.
- https://bitcointalk.org/index.php?topic=382374.msg4108647#msg4108647

Code extract from main.cpp ...

Bitcoin source from November 2008.
- https://bitcointalk.org/index.php?topic=382374.msg4108739#msg4108739

Code:
            //// debug
            // Genesis Block:
            // GetHash()      = 0x000006b15d1327d67e971d1de9116bd60a3a01556c91b6ebaa416ebc0cfaa646
            // hashPrevBlock  = 0x0000000000000000000000000000000000000000000000000000000000000000
            // hashMerkleRoot = 0x769a5e93fac273fd825da42d39ead975b5d712b2d50953f35a4fdebdec8083e3
            // txNew.vin[0].scriptSig      = 247422313
            // txNew.vout[0].nValue        = 10000
            // txNew.vout[0].scriptPubKey  = OP_CODESEPARATOR 0x31D18A083F381B4BDE37B649AACF8CD0AFD88C53A3587ECDB7FAF23D449C800AF1CE516199390BFE42991F10E7F5340F2A63449F0B639A7115C667E5D7B051D404 OP_CHECKSIG
            // nTime          = 1221069728
            // nBits          = 20
            // nNonce         = 141755
            // CBlock(hashPrevBlock=000000, hashMerkleRoot=769a5e, nTime=1221069728, nBits=20, nNonce=141755, vtx=1)
            //   CTransaction(vin.size=1, vout.size=1, nLockTime=0)
            //     CTxIn(COutPoint(000000, -1), coinbase 04695dbf0e)
            //     CTxOut(nValue=10000, nSequence=4294967295, scriptPubKey=51b0, posNext=null)
            //   vMerkleTree: 769a5e

            // Genesis block
            CTransaction txNew;
            txNew.vin.resize(1);
            txNew.vout.resize(1);
            txNew.vin[0].scriptSig     = CScript() << 247422313;
            txNew.vout[0].nValue       = 10000;
            txNew.vout[0].scriptPubKey = CScript() << OP_CODESEPARATOR << CBigNum("0x31D18A083F381B4BDE37B649AACF8CD0AFD88C53A3587ECDB7FAF23D449C800AF1CE516199390BFE42991F10E7F5340F2A63449F0B639A7115C667E5D7B051D404") << OP_CHECKSIG;
            CBlock block;
            block.vtx.push_back(txNew);
            block.hashPrevBlock = 0;
            block.hashMerkleRoot = block.BuildMerkleTree();
            block.nTime  = 1221069728;
            block.nBits  = 20;
            block.nNonce = 141755;

 Cool

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January 05, 2020, 06:54:06 PM
 #5

Fun fact: Satoshi took a mining break between the genesis block (block 0) that was mined in Jan 3, 2009 7:15:05 PM, which was later followed by the next block (block 1) 6 days later at Jan 9, 2009 3:54:25 AM.

It is probably a reference to the Biblical creation of the world, where God has created the world within 6 days.
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January 06, 2020, 05:34:49 AM
 #6

Fun fact: Satoshi took a mining break between the genesis block (block 0) that was mined in Jan 3, 2009 7:15:05 PM, which was later followed by the next block (block 1) 6 days later at Jan 9, 2009 3:54:25 AM.

It is probably a reference to the Biblical creation of the world, where God has created the world within 6 days.

he didn't take a break, the code was not released yet. genesis block was released on January 3rd and then the code was released on January 9th which was the start of the chain. i suppose it was probably because the news article (bailout of banks) that was referenced in genesis block came out on 3rd but code was not completely ready and it was too good to not be used to marker the beginning of bitcoin.

interesting theory about the reference though.

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January 06, 2020, 09:31:38 AM
Last edit: January 06, 2020, 12:45:55 PM by BitcoinFX
 #7

Fun fact: Satoshi took a mining break between the genesis block (block 0) that was mined in Jan 3, 2009 7:15:05 PM, which was later followed by the next block (block 1) 6 days later at Jan 9, 2009 3:54:25 AM.

It is probably a reference to the Biblical creation of the world, where God has created the world within 6 days.

he didn't take a break, the code was not released yet. genesis block was released on January 3rd and then the code was released on January 9th which was the start of the chain. i suppose it was probably because the news article (bailout of banks) that was referenced in genesis block came out on 3rd but code was not completely ready and it was too good to not be used to marker the beginning of bitcoin.

interesting theory about the reference though.

Code was already released to a select few via various mailing lists and likely contributed to by others. See my above post.

...

"Romans 1:21-22 Because that, when they knew God, they glorified him not as God, neither were thankful; but became vain in their imaginations, and their foolish heart was darkened. Professing themselves to be wise, they became fools . . ."

...

Happy Birthday Bitcoin (BTC) !!! "Number go up" ...



"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" - The Times 03/Jan/2009

Code:
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._¬....

- https://en.bitcoin.it/wiki/Genesis_block

...

"Happy Birthday, Bitcoin! ♥️"
- https://twitter.com/hodlonaut/status/1213046493868937216

"Happy Birthday Bitcoin ..."
- https://twitter.com/BitcoinMemeHub/status/1212937403565932545

...

Genesis 1:31 And God saw every thing that he had made, and, behold, it was very good. And the evening and the morning were the sixth day.

...

Six Days (Remix)
- https://youtu.be/5JhKWFxLhKo

 Smiley

...

Genesis: Day 6

"Genesis 1:24 And God said, Let the earth bring forth the living creature after his kind, cattle, and creeping thing, and beast of the earth after his kind: and it was so."

"Genesis 1:25 And God made the beast of the earth after his kind and cattle after their kind, and every thing that creepeth upon the earth after his kind: and God saw that it was good."


...

Full disclosure: non-practising agnostic.

...
 _   _
((___))
[ x x ]
 \   /
 (' ')
  (U)

- https://en.wikipedia.org/wiki/Cult_of_the_Dead_Cow ?

...

Certainly had nothing to do with MS "Patch Tuesday" ...
- https://twitter.com/MyLegacyKit/status/1213700471527034880

...

EDIT: additional - for the 'conspiracy theorists' ... "Bitkwein" ...

Bitcoin in the Holy Bible - The Book of Daniel
- https://bitcointalk.org/index.php?topic=167960.0

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January 06, 2020, 10:10:32 AM
 #8

A lot of things has changed after this 11 year. It was intresting
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January 14, 2020, 06:58:38 PM
 #9

Yes. And it means the birth of Bitcoin. The first time Bitcoin was created.
Yeah you can say something like that and its the day when the creator of bitcoin Satoshi Nakamoto mined the O Block and still now its been a history for modern world bitcoin users. His creative invention have take us on this position where bitcoin is moving forward by increasing its global community.

Bitcoin. You have been 11 years and continues to exist among various good/bad issues about you. I believe you are unstoppable and will be there lasting.  Smiley
Bitcoin have already faced a lot of obstacles on its 11 year journey and many more will come in the near future but no doubt that it will survive like it did in the past. Modern civilization gonna take the highest advantage of most secure blockchain technology and bitcoin. I enjoy the moment when someone stand against the use of bitcoin and try to stop its pace of growth but they don't know that its unstoppable Cheesy .


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.KUCOIN LISTING WORKFLOW.
.
.KUCOIN COMPANY PROFILE..

.

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January 14, 2020, 09:21:12 PM
 #10

It has been an incredible 11years of bitcoin. The majority of people who knew about it when it was at its infant stage never expected to would last this long, and I think no one expected it to get to its current price value and popularity.
Huge credits to Satoshi Nakamoto for making (what I like to refer to as) one of the greatest innovations of this century. A fully public and user-supported financial system would have been called a scam by most people. But with the integration of the blockchain, it has withstood the test of time.
Happy Anniversary!

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January 15, 2020, 04:32:52 AM
 #11

Code was already released to a select few via various mailing lists and likely contributed to by others. See my above post.

yeah, but that sounds to me more like the alpha release of a software when the features aren't complete and the software is still under development. and it is being released to some testers (not publicly to everyone) so that they can run it to find initial bugs, suggest improvements,...

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