The post Bitcoin Turns 16: Celebrating the Genesis Block That Started It All appeared first on Coinpedia Fintech News
January 3 marks the 16th anniversary of Bitcoin’s Genesis Block, the cornerstone of the cryptocurrency revolution. Created by Satoshi Nakamoto on January 3, 2009, the Genesis Block rewarded the first 50 Bitcoins and contained the iconic message: “The Times 03/Jan/2009 Chancellor on the brink of second bailout for banks.” Interestingly, the second block wasn’t mined until six days later, sparking theories about whether Satoshi echoed the six days of creation in the Book of Genesis. Today, Bitcoin blocks have evolved significantly. With the next halving approaching in April 2028, the legacy of the Genesis Block remains a pivotal milestone in Bitcoin’s journey.