14th Anniversary of Bitcoin's Genesis Block: A Look Back at the Birth of Cryptocurrency – Bitcoin News

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14th Anniversary of Bitcoin's Genesis Block: A Look Back at the Birth of Cryptocurrency – Bitcoin News
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Celebrating 14 Years of Bitcoin — The Genesis Block and Its Impact on the Global Economy.

encoded in the coinbase parameter. This special field can be used to include an arbitrary message in the block. The message said: “The Times 03/Jan/2009 Chancellor on brink of second bailout for banks.” The message has been interpreted in a myriad of ways but mostly as a reference to the financial crisis and bank bailouts of 2008.

A lot of people do not know that after block zero, Bitcoin block one was not mined until six days later on Jan. 9, 2009, at approximately 9:54 p.m. . Block two was mined a minute later at 9:55 p.m. and block three was mined roughly seven minutes later at 10:02 p.m. that evening. At this time, the following blocks started to have a more consistent block interval or time between each block.

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