Hi everyone,
I am curious about why the first 50 BTC block reward from the genesis block can’t be spent. What makes this reward unspendable?
Hi everyone,
I am curious about why the first 50 BTC block reward from the genesis block can’t be spent. What makes this reward unspendable?
The first 50 BTC from the genesis block can’t be spent because they’re kind of like a golden ticket that’s locked away. It’s all about keeping things secure and showing that Bitcoin started from scratch. I remember diving into this myself and thinking, “Whoa, it’s like the first slice of cake no one can eat"
The first 50 BTC block reward, from the Genesis Block (Block 0), can’t be spent due to its special status. It’s intentionally non-spendable as part of Bitcoin’s design, ensuring the network’s history and integrity.