What is the Genesis Block?

Technology CommunityCategory: BlockchainWhat is the Genesis Block?
VietMX Staff asked 3 years ago

The first block in any blockchain is termed the genesis block. If you start at any block and follow the chain backwards chronologically, you will arrive at the genesis block. The genesis block is statically encoded within the client software, that it cannot be changed. Every node can identify the genesis block’s hash and structure, the fixed time of creation, and the single transactions within. Thus every node has a secure “root” from which is possible to build a trusted blockchain on.