funfactcrypto
927 views
3 Discussing
Hot
Latest
The private key to the Bitcoin genesis block is lost—or possibly never existed.
The very first block in the Bitcoin blockchain, called the Genesis Block (Block 0), was mined by Satoshi Nakamoto on January 3, 2009. Unlike other blocks, it contains a unique message:
“The Times 03/Jan/2009 Chancellor on brink of second bailout for banks”—a timestamp and political statement.
But here’s the weird part: The 50 BTC reward from that block has never been spent, and due to how the Genesis Block was coded, it’s very likely that it can’t be spent. Some believe Satoshi deliberately made it unspendable as a symbolic gesture.
So, those 50 BTC are just sitting there—untouchable and eternal.
#funfactcrypto
The very first block in the Bitcoin blockchain, called the Genesis Block (Block 0), was mined by Satoshi Nakamoto on January 3, 2009. Unlike other blocks, it contains a unique message:
“The Times 03/Jan/2009 Chancellor on brink of second bailout for banks”—a timestamp and political statement.
But here’s the weird part: The 50 BTC reward from that block has never been spent, and due to how the Genesis Block was coded, it’s very likely that it can’t be spent. Some believe Satoshi deliberately made it unspendable as a symbolic gesture.
So, those 50 BTC are just sitting there—untouchable and eternal.
#funfactcrypto
Do you know these fun facts about crypto:
1. _The first Bitcoin transaction_: Was made by Satoshi Nakamoto to Hal Finney on January 12, 2009, for 10 BTC.
2. _The origin of the term "Hodl"_: Came from a 2013 Bitcoin forum post where a user misspelled "hold" and it became a meme.
3. _Vitalik Buterin's age_: Ethereum's co-founder was just 19 years old when he launched Ethereum in 2015.
4. _The most expensive NFT sale_: Beeple's "Everydays: The First 5000 Days" sold for $69 million in 2021.
5. _The first cryptocurrency_: Was not Bitcoin, but David Chaum's eCash in 1983.
6. _Satoshi Nakamoto's identity_: Remains unknown, with numerous theories and speculations.
7. _The total number of cryptocurrencies_: Exceeds 22,000, with new ones emerging regularly.
8. _The highest Bitcoin price_: Reached $64,804 on April 14, 2021.
9. _The first Bitcoin ATM_: Was installed in Vancouver, Canada, in 2013.
10. _Crypto's market capitalization_: Surpassed $3 trillion in 2021, rivaling the GDP of several countries.
These fun facts showcase the fascinating and rapidly evolving world of cryptocurrency!
#funfactcrypto #Btctopcrypto #btc $BTC $ETH $BNB
1. _The first Bitcoin transaction_: Was made by Satoshi Nakamoto to Hal Finney on January 12, 2009, for 10 BTC.
2. _The origin of the term "Hodl"_: Came from a 2013 Bitcoin forum post where a user misspelled "hold" and it became a meme.
3. _Vitalik Buterin's age_: Ethereum's co-founder was just 19 years old when he launched Ethereum in 2015.
4. _The most expensive NFT sale_: Beeple's "Everydays: The First 5000 Days" sold for $69 million in 2021.
5. _The first cryptocurrency_: Was not Bitcoin, but David Chaum's eCash in 1983.
6. _Satoshi Nakamoto's identity_: Remains unknown, with numerous theories and speculations.
7. _The total number of cryptocurrencies_: Exceeds 22,000, with new ones emerging regularly.
8. _The highest Bitcoin price_: Reached $64,804 on April 14, 2021.
9. _The first Bitcoin ATM_: Was installed in Vancouver, Canada, in 2013.
10. _Crypto's market capitalization_: Surpassed $3 trillion in 2021, rivaling the GDP of several countries.
These fun facts showcase the fascinating and rapidly evolving world of cryptocurrency!
#funfactcrypto #Btctopcrypto #btc $BTC $ETH $BNB
Login to explore more contents