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What is Genesis Block?

Introduction

Today, the concept of Blockchain is much more understandable than ever. The application of this emerging technology is increasing every day, and the demand for its use is constantly growing. One of the essential concepts related to a blockchain is the concept of Genesis Block or Genesis Block. As you know, a blockchain is a collection of blocks connected by chains. Genesis block has always been one of the most intriguing topics in any blockchain. In the continuation of this article, we intend to talk about this issue in full.

What is Genesis Block, and why is it important?

As explained in the introduction, blockchains are a collection of interconnected blocks, and the production of these blocks has started somewhere. So the first block produced by a Chinese blockchain network is called the Genesis Block. Of course, the first block made in a blockchain network is also called the zero block.

Blocks in a blockchain are linked together by a hash code. Each block maintains its previous block hash code. Of course, this does not apply to Genesis’s union because no processing has been done before this block.

The Genesis Block is the first block produced, also called the zero block. Respectively, blocks after the origin block are assigned a number. For example, a block created after Genesis Block is assigned the number 1. These numbers are used to understand the block length of a china block. For example, a Chinese block made of 100 blocks is 99 blocks long. The first block hash code is also used to generate the hash code of the other blocks; So there will be a trace of the Genesis block throughout the Blockchain!

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The first block produced in the Bitcoin blockchain!

Undoubtedly, the most famous Blockchain is the Bitcoin blockchain. The first bitcoin block was created by its anonymous creator, Satoshi Nakamoto, on January 3, 2009. Nakamoto at the time awarded 50 bitcoins to anyone who helped build the network’s second block!

An interesting point in the first bitcoin block is its anonymous creator’s message for everyone. At the beginning of this short message, the day and date of production of the first BTC block are written, and then the economic recession of 2008 and government financial aid to banks are mentioned.

In the second part of the message, Satoshi Nakamoto showed himself to be somewhat opposed to the time’s financial system. He also blamed the design for the Great Depression of 2008 on the wrong approach, which led to the creation of a masterpiece called Bitcoin.

Why is Genesis Block one of the essential pillars of Blockchain?

Genesis is one of the essential pillars of blockchains. Without this, the exact time of creating a blockchain is unknown! How can you trust a china block without knowing the details of when it came into being? Blockchains have come to make things more straightforward; So in the first step, they have to be transparent themselves.

Blockchain without Genesis is like a baseless building. It’s like you run a race, and you do not know where to start! The absence of this parameter will complicate many tasks.

Below we take a look at the detailed information of the first generated in the Bitcoin blockchain network:

  • Number of network transactions: 1
  • Transaction Fee: $ 0
  • Height : 0
  • Time Stamp: January 3, 2009
  • Nonce Number: 208393
  • Difficulty: 1

The parameters you saw above are common to all created blocks. In the following, we will examine the implications of each of these parameters:

Block Height

Length includes the number of blocks generated minus the current block. This is why this parameter in Genesis is equal to zero; Because before this, there was nothing. This number is also given to the blocks in sequence, and in rare cases, several blocks Height are the same.

The height of a blockchain grid is equal to the maximum length of the block. For example, the size of the Bitcoin blockchain network at the time of writing is 717181.

Time Stamp

Labels are essential parameters for blocks that retain their time of creation and production. Time labels are not entirely accurate and are erroneous, But their mistakes are small and negligible.

Miner system information is not used to record information in this parameter; miners can provide fake news to it by changing the time and date of their system. Also, its position in the chain has nothing to do with its time tag. Sex Block

Nance number

This is the number that all miners wish to get! As you know, miners try to find this number by solving complex mathematical problems. The miner who finds this number sooner receives the prize for extracting it. Of course, this reward method only blockchains that apply to Proof Of Work with the algorithm.

Difficulty

The difficulty of extracting it means how long it takes for a miner to solve complex mathematical equations and reach the number of nans to add it to the blockchain network.

Usually, the time intervals between the extraction of each of them are the same. This number is 10 minutes for Bitcoin; extracting each bitcoin takes about 10 minutes. So every 10 minutes, it is added to the bitcoin chain.

Of course, the blockchain system checks the network status from time to time, and for some reason, may increase or decrease the network stiffness or stiffness.

How many sections are China Blockchain nodes divided into?

As you know, nodes are responsible for securing blockchain networks. Providing security is one of their most important tasks. Chinese blockchain network nodes are generally divided into two types: Full Node and Light Weight Node.

Full Nodes check and approve transactions. These nodes hold the complete version of the entire Blockchain in their memory; The Full Node requires memory or memory card ( Memory ) and extremely high processing power. These types of nodes also play an essential role in ensuring network security. Sex Block

Unlike Full, nodes Light Weight do not require the maintenance of a full version of the China Blockchain network. These nodes depend on full nodes for activity and must request access from full nodes to download parts of the blockchain information.

Another difference between the two nodes is the origin. Full Nodes store all the blockchain code in their memory, but Light Weight Nodes do not need to access this code.

Concluding remarks

Every technology and every story, and finally, every life has a beginning. Blockchains are no exception. Genesis is the starting point for massive and practical blockchain technology. As you have read so far, sex blocks are essential parts of the Blockchain.

The future of the world will be laid on the bed of Blockchain! And how much better it is to complete our information on this technology from now on.

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