BitMEX Thanks Satoshi Nakamoto for …

BitMEX Thanks Satoshi Nakamoto for …

BitMEX thanks Satoshi Nakamoto on the front page of The Times on the tenth anniversary of the bitcoin blockchain

Cryptocurrency exchange BitMEX bought the ad space on the front page of the British daily The Times in its January 3, 2019 issue to thank bitcoin creator Satoshi Nakamoto. Exactly 10 years ago, Nakamoto issued a zero block on the bitcoin network, in which he symbolically included a quote from the same publication related to the global financial crisis..

The BitMEX announcement also contains a link to the hash of block 554 509 mined by the BTC.COM mining pool on December 19, 2018, in whose coinbase transaction the phrase “Thank you Satoshi” was included.

Today, Bitcoin users are celebrating the birthday of the original cryptocurrency blockchain. The hash value of the bitcoin genesis block is 000000000019d6689c085ae165831e934ff763ae46a2a6c172b3f1b60a8ce26f. A large number of zeros at the beginning indicates that the complexity of mining at the first stage was significantly lower than the current one. Obviously, computer processors were used to extract the first blocks of bitcoin, while mining on video cards became known only in 2011..

The source code of the Satoshi client version 0.1 does not contain specific commands for releasing the genesis block, which suggests that this block was generated using separate code that has not been released to the general public.

BitMEX Thanks Satoshi Nakamoto for ...

In the meantime, grateful users are sending transactions with congratulations to the address 1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa, which received the first 50 bitcoins in history and about 17 more over the past 10 years. One of them was sent from a curious address 1HappyTenthBirthdayBitcoinxvYeM9e.

Bitcoin and most cryptocurrencies based on its codebase do not allow spending the coins received by their creators from mining genesis blocks. An analysis conducted in October 2018 by Interchange co-founder Dan Held showed that the first bitcoins were distributed in the fairest way available at the time..

BitMEX Thanks Satoshi Nakamoto for ...
BitMEX Thanks Satoshi Nakamoto for ...

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