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  • Mustafa Mulla
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    Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.

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Bitcoin Turns 16: Celebrating the Genesis Block That Started It All

January 3 marks the 16th anniversary of Bitcoinโ€™s Genesis Block, the cornerstone of the cryptocurrency revolution. Created by Satoshi Nakamoto on January 3, 2009, the Genesis Block rewarded the first 50 Bitcoins and contained the iconic message: โ€œThe Times 03/Jan/2009 Chancellor on the brink of second bailout for banks.โ€ Interestingly, the second block wasnโ€™t mined until six days later, sparking theories about whether Satoshi echoed the six days of creation in the Book of Genesis. Today, Bitcoin blocks have evolved significantly. With the next halving approaching in April 2028, the legacy of the Genesis Block remains a pivotal milestone in Bitcoinโ€™s journey.

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