BUIDL Launchpad is now live! 🎉

Genesis Block

The genesis block is the first-ever block in the blockchain, which is often hardcoded right into the application’s software. The blockchain comprises multiple blocks that are often linked together, forming a chain.

Thus, each block in the network contains referential data from the previous block, to check its legitimacy. So, the genesis block is the first block, often referred to as Block 0 or Block 1 for a new blockchain.

What makes the genesis block truly unique is that. It is the only block within the blockchain that doesn’t refer to a predecessor block. For most of the cases, the first mining rewards remain unspendable with the genesis block.


Looking for more content to learn about Web3?
Subscribe to our newsletter for weekly updates 👇

Connect with us