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Josiah Swaim

15 posts
BlockchainTechnology

What is a Genesis Block?

On or shortly after January 3rd, 2009, the genesis block was mined by the elusive Satoshi Nakamoto. This would be the beginning of the global technological and economic movement that we now know as blockchain technology. What is a block? A block is like a file filled with transaction data, timestamps, and other data like the hash. Concerning proof-of-work blockchains, miners are…
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