Bitcoin’s “TimeChain” turns 13 – bitcoin.fr

The first transaction block of the Bitcoin ledger, named Bloc Genesis, was created thirteen years ago today, January 3, 2009 at 6:15 p.m. It was the start of the TimeChain [1] de Bitcoin.

One « coinbase » may contain arbitrary data, Satoshi Nakamoto inserted in this first block the title of an article from the Financial Times of the day :The Times 03/Jan/2009 Chancellor on brink of second bailout for banks

This article, which timestamps the block and proves that there was no pre-mining, did not choose at random: Alistair Maclean Darling, Chancellor of the Exchequer (Minister of Finance) of the Gordon government Brown, then tried to save the banks from the financial crisis in which they were bogged down since the fall of 2008.

Block details:
Number of transactions: 1
Total production: 50 BTC
Estimated volume of transactions: 0 BTC
Transaction fee: 0 BTC
Size: 0 (Main chain)
Date (timestamp) : 2009-01-03 18:15:05
Reception time: 2009-01-03 18:15:05
Relayed by: Unknown
Difficulty 1.00
Bits 486604799
Size: 0.2783203125
KB Version : 1
nonce : 2083236893
Block reward: 50 BTC
Hash : 000000000019d6689c085ae165831e934ff763ae46a2a6c172b3f1b60a8ce26f
Previous block: 00000000000000000000000000000000000000000000000000000000000000000000
Bloc(s) suivant(s) : 00000000839a8e6886ab5951d76f411475428afc90947ee320161bbf18eb6048
Racine Merkle : 4a5e1e4baab89f3a32518a88c31bc87f618f76673e2cc77ab2127b7afdeda33b

Receiving address: 1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa

Source : blockchain.info


[1] TimeChain = Time chain, today known under the name of “blockchain”. For some specialists, the TimeChain actually refers to both blockchain and transaction chains.

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Bitcoin’s “TimeChain” turns 13 – bitcoin.fr

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