On January 3, 2009, a moment that would change the financial world quietly arrived.
On a server in Helsinki, a mysterious figure named Satoshi Nakamoto typed a few lines of code, and thus the first Bitcoin block was born—this is what people later commonly refer to as the "genesis block."
Interestingly, Satoshi Nakamoto buried an easter egg in this block. He inserted the headline from that day's The Times: "Chancellor on brink of second bailout for banks." This was not a random choice. It’s worth noting that the 2008 financial crisis had just passed, and the global banking system was still struggling amidst turmoil, with governments desperately injecting money into the banking system. Satoshi's move not only proved the timestamp but also harshly mocked traditional finance.
According to the preset rules, Satoshi Nakamoto obtained 50 bitcoins as a mining reward. This is the first 50 BTC in the world. From that moment on, the Bitcoin network began to operate on its own—every 10 minutes, new blocks were added, and new coins were created.
More than ten years have passed, and that small experiment has grown into a decentralized network spanning the globe, with tens of thousands of nodes tirelessly maintaining this system day and night. And it all began with that moment of creation on a server in Finland.
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On January 3, 2009, a moment that would change the financial world quietly arrived.
On a server in Helsinki, a mysterious figure named Satoshi Nakamoto typed a few lines of code, and thus the first Bitcoin block was born—this is what people later commonly refer to as the "genesis block."
Interestingly, Satoshi Nakamoto buried an easter egg in this block. He inserted the headline from that day's The Times: "Chancellor on brink of second bailout for banks." This was not a random choice. It’s worth noting that the 2008 financial crisis had just passed, and the global banking system was still struggling amidst turmoil, with governments desperately injecting money into the banking system. Satoshi's move not only proved the timestamp but also harshly mocked traditional finance.
According to the preset rules, Satoshi Nakamoto obtained 50 bitcoins as a mining reward. This is the first 50 BTC in the world. From that moment on, the Bitcoin network began to operate on its own—every 10 minutes, new blocks were added, and new coins were created.
More than ten years have passed, and that small experiment has grown into a decentralized network spanning the globe, with tens of thousands of nodes tirelessly maintaining this system day and night. And it all began with that moment of creation on a server in Finland.