Linked Questions
17 questions linked to/from Why can’t the genesis block coinbase be spent?
5
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1
answer
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Is it true the genesis block reward can't be spent forever? [duplicate]
Is the genesis block reward forever unspendable?
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3
votes
1
answer
2k
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Why I cannot get transaction from genesis block [duplicate]
When I run command
getrawtransaction
4a5e1e4baab89f3a32518a88c31bc87f618f76673e2cc77ab2127b7afdeda33b
in my bitcoin-qt console (or bitcoind), I get
No information available about transaction (...
- 958
0
votes
2
answers
349
views
Is the transaction within Genesis block spendable? [duplicate]
Are the transactions added to the genesis block spendable, just like any other transactions from other blocks, or is that an unspendable coinbase transaction.
In other words..
Is the transaction ...
- 117
2
votes
0
answers
51
views
What in detail makes the Coinbase in the Genesis Block unspendable? [duplicate]
I was aware that the Genesis block's reward was unspendable, and that there was no UTXO for it in the UTXO Set. I thought that this was due to the Genesis block being hardcoded and the actual ...
- 71.7k
62
votes
3
answers
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Will there be 21 million bitcoins eventually?
Every x blocks the mining reward is halved. Will the reward be halved forever such that we never quite reach 21 million bitcoins, or will we reach 21 million bitcoins at some point and will the reward ...
- 873
3
votes
6
answers
10k
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Who issues bitcoins and how?
I can't find information on who actually issues the bitcoins. I understand that miners generate new bitcoins but what party is responsible for issuance?
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3
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2
answers
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How Would One Premine an AltCoin?
Looking to create an Altcoin for fun and I heard about premining. Can this be done to premine all the coins without leaving my computer mining for days?
I followed a guide here: http://...
- 141
3
votes
3
answers
2k
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How do I find a pubkey and the nbits value to generate a genesis block?
I am hoping to create a new cryptocurrency from a Bitcoin fork, mostly for learning, and a little bit of fun. I roughly followed this answer to get as far as I am, but the genesis generator requires a ...
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3
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1
answer
2k
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How we decode output address from Bitcoin genesis transaction
Accordingly to blockchain.info, the first bitcoin transaction ever spends 50 BTC to the address 1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa.
The pubkey script of that transaction is
PUSHDATA(65)[...
- 163
3
votes
2
answers
1k
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How to make genesis block transaction spendable?
I read this question Why can’t the genesis block coinbase be spent? . It says because of some quirk (the genesis block coinbase transaction is not added to the global transaction database) genesis ...
- 457
1
vote
1
answer
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Premine coins from genesis block are gone after one transaction from account/wallet
Please check the whole question once before giving negative marking or Mark as duplicate of
Why can’t the genesis block coinbase be spent?
Why I cannot get transaction from genesis block [duplicate]...
- 141
1
vote
1
answer
351
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How is the Bitcoin Mined in Genesis Block Brought into Transaction?
I'm studying the source code Bitcoin, and have no clue to this question.
It looks like the genesis block is mined "out-of-band" (given a timestamp, and a message with no transaction information) and ...
3
votes
1
answer
499
views
What was the design decision behind that the coinbase field can have arbitrary data?
From what I learned, the coinbase field in the block reward transaction can carry any data (As long as smaller than 100b).
Why that actually? Was it easier to implement in the beginning? I would just ...
- 415
2
votes
1
answer
206
views
Genesis block coinbase transaction without confirmations
Why the coinbase transaction, comming from the genesis block, don't have confirmations?
All the others coinbase transactions have confirmations, but not in the Genesis block.
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0
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1
answer
205
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Why explorers show difference balance for genesis block?
When I check balance for the address 1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa - different sources show different results.
66.92700504 BTC
https://bitref.com/1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa
https://www....
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