Hello everyone! In today's cryptocurrency 100-day challenge, let's talk about the starting point of the blockchain world — the genesis block. This is the first block of every blockchain, and it is the cornerstone of its history and trust. The genesis block of Bitcoin, as the beginning of the first blockchain network, is filled with stories and profound significance.
What is the genesis block?
The genesis block is the first block of any blockchain, representing the starting point of the entire chain. It is the only block in the blockchain that does not have a preceding block, serving as the foundation of the entire blockchain. All subsequent blocks are built upon it.