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  3. /Genesis Block
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blockchain

Genesis Block

The very first block in a blockchain, also called Block 0.

Definition

The very first block in a blockchain, also called Block 0. Bitcoin's genesis block was mined on January 3, 2009, and included a newspaper headline about bank bailouts. Genesis blocks are hardcoded and have no predecessor.

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Related Terms

Block

A bundle of transactions that gets permanently added to the blockchain.

Blockchain

A distributed database where transactions are grouped into blocks and linked together cryptographically.

Bitcoin

The first cryptocurrency, created in 2009 by the pseudonymous Satoshi Nakamoto.

ABI

Application Binary Interface.

Account Abstraction

A way to make crypto wallets behave more like normal apps by turning every account into a smart contract.

ERC-4337

The Ethereum standard for account abstraction without changing the core protocol.

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