Steemit Crypto Academy [Beginners’ Level] | Season 3 Week 2 | The Genesis Block: The Beginning of the Beginning / By @rhina27

_{Cover image made in the Canva program By @rhina27}

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What is the Genesis Block of a Blockchain.

The Genesis block is very well known as block 0, Satoshi Nakamoto was the first to give this name to the initial block of Bitcoin, and that is how the initial block of a cryptocurrency is called.

Its main function is to be the main base of a crypto, it is its beginning its first formation that makes it strong. To identify the genesis block we do it through its hash, initial in its header. From block zero, the pillar of the currency begins until the adena of blocks of a blockchain is completed.

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Write on the Bitcoin Genesis Block and its significance.

The genesis block was the first created for Bitcoin, it was made by Satoshi Nakamoto in 2009, this block makes a currency so safe, due to its strength and information it contains. In 2009 a reward of 50 BTC was offered per mined block and it came to have the address:1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa.

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At this address you can only receive, not send, all this was a mystery about Nakamoto, it was never known who he was, nor how he really was or who he was, there are still many unknowns. To name and date this block, I put: “The Times 03/Jan/2009 Chancellor on brink of second bailout for banks”.And this name I take from the New York Time newspaper of that day.

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There are still people who send money to this account of genesis blocks, some say that to attract good luck, others for honor and homage to its creator and some to burn. The truth is that if we check the block address we can see how much the account is going.

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Go to https://steemworld.org and locate the Steem Genesis Block (You must provide screenshots and sign in as proof of completion).

First we must enter:

https://steemworld.org, The following screen will appear, we are going to enter in the upper right part as indicated in the image, in my case my name already appears because I already have it saved. They should only put their username without the @ and their posting code.

After entering we will click on Block Explorer

We will see the following screen and we just have to click ok

And so we get all the information from the coin block

With the genesis blockchain we can know the initial information of a currency which is very important to know its beginnings, how strong the currency can be. and thus obtain detailed information on your initial block.