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Questions tagged [genesis-block]

Refers to the very first block of a new blockchain based cryptocurrency.

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Simple GPU C++ mining

I'm trying to mine a genesis block for an experimental Peercoin clone. I've already written one using boost threads, and it's been really fun since this is the most processor intensive program I've ...
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1answer
3k views

Details on Genesis Block

The question asked here displays the genesis block in pretty good detail. I am still trying to get a breakdown of some of the elements seen here (and some others not seen here): The Merkle Root Time ...
39
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3answers
15k views

Why can’t the genesis block coinbase be spent?

According to the bitcoin wiki: The first 50BTC block reward went to address 1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa, though this reward can't be spent due to a quirk in the way that the genesis block is ...
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2answers
5k views

How do you make a Genesis block?

What is involved in creating a genesis block? What makes it different from the other blocks in the chain.
3
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1answer
1k views

given a json of a block, how do I calculate its hash?

Here is the genesis block with its hash. How the hash was calculated? { "hash":"000000000019d6689c085ae165831e934ff763ae46a2a6c172b3f1b60a8ce26f", "ver":1, "prev_block":"...
30
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1answer
9k views

What are colored coins?

What exactly are colored coins? I've tried understanding, but I don't quite get it yet . . . Do any examples exist?
11
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2answers
4k views

How did the first 50 Bitcoins come into being?

How was the Bitcoin system initialized? Can one start the system with only a single node (computer)? Please explain it in plain English. Thanks, guys.
34
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2answers
10k views

What is TxIn's sequence?

I'm currently trying to generate the genesis block with my code and I've stumbled upon the TxIn sequence field that is not explained in the Protocol Specification wiki page, nor does it seem to appear ...

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