We should celebrate today International day for all fools who missed their chance. What else to call it January 3, 2009 and even more precisely the time 19:15when in bitcoin blockchain discovered the first block with the hidden message “The Times 03 / Jan / 2009 Chancellor on brink of second bailout for banks.”
Its hash identifier is 000000000019d6689c085ae165831e934ff763ae46a2a6c172b3f1b60a8ce26f, so you can still trace the block in the blockchain. You don’t even have to download it, because a search engine on blockchain.com will help.
The important thing is that the miner who wrote this block into the blockchain received a reward from the system 50 BTC.
It was just a few fun at the time anarchoonswho mined worthless bitcoins just for their own pleasure, and when an ordinary passer-by learned of their pastime, he just waved his hand incomprehensibly. And that’s exactly the missed chance.
The system rewarded the registration of the first block with a pocket money of 50 BTC. At that time, they had absolutely no value. But it was enough to wait a few years …
If we hadn’t ignored the seemingly completely nonsensical bitcoin at the time, we could have extracted some as well. If we did, today the bizarre and seemingly meaningless entry in the shared P2P database would have a market value around $ 2.3 million. So around 51 million crowns.
Basic statistics for the written block
For that, you could buy an annual subscription to Computer for the entire street, and you would still have left for lunch and summer vacation.
What is a blockchain
Blockchain is a special type of database architecture. They differ from the usual ones in that the individual notations follow each other mathematically as a chain of blocks (block + chain), so they cannot be changed afterwards. Once written in the blockchain, it can no longer be taken back. That’s why blockchain is used as a giant ledger of transactions in the cryptocurrency world, because you can always trace each one back.
Blockchain transactions are saved by miners who receive a certain amount of bitcoins from the system as a reward. This is how new cryptocurrency comes into circulation. However, the amount of remuneration is gradually decreasing.