✨ 14 facts about Satoshi Nakamoto's #Bitcoin White Paper on its 14th anniversary
A thread 🧵
1/ Coming in at 2,736 words, the #Bitcoin white paper is shorter than the Magna Carta (3,550 words), the U.S. Constitution (4,543 words) and the most recent U.S. Infrastructure Bill (2,700 pages)
The average book is 70,000 to 120,000 words.
2/ The #Bitcoin white paper generated a LOT of discussion when published.
Moderators of the cypherpunk mailing list would even later intervene, telling Satoshi to take his ideas and incessant talk elsewhere.
In honor of the 13th anniversary of the #Bitcoin Genesis Block…
A quick thread on misconceptions about its launch 🧵
1/ THE BLOCK REWARD FOR THE GENESIS BLOCK IS UNSPENDABLE
Every time a #Bitcoin block is found, new bitcoins are issued to the winning miner. This was not the case with the Genesis Block. Satoshi made this reward (50 BTC) unspendable.
2/ THE GENESIS BLOCK DIDN’T HAVE A REWARD
Most block explorers say the Genesis block created 50 BTC, but these aren’t included in the blockchain.
It’s more accurate to say the Genesis Block created all the 21 million #bitcoin now being released in blocks.