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Genesis block mined
Satoshi Nakamoto mined the Genesis Block (Block 0) of the Bitcoin blockchain, embedding the now-famous headline from The Times: 'Chancellor on brink of second bailout for banks.'
3 entries
Satoshi Nakamoto mined the Genesis Block (Block 0) of the Bitcoin blockchain, embedding the now-famous headline from The Times: 'Chancellor on brink of second bailout for banks.'
Hal Finney responds to Thornburg's regulatory concerns, arguing that Bitcoin has no single point of failure — 'no mint, no company with officers that can be subpoenaed and arrested and shut down.' He identifies the 'decentralized, global, irreversible transaction database' as Bitcoin's core innovation, presciently predicting the broader blockchain movement.
Satoshi comments on the permanence of the blockchain, noting that data embedded in it will persist as long as the network exists.