Hi,
I understand that a block consists of transactions which will have the serial number of the currencies exchanged.
Those currencies must have been created when earlier blocks were mined as new coins are awarded after a new block is created.
So in 2009, when Satoshi created the first block, what did the transactions record about as there were no BTC created yet?
Because he awarded himself 50 BTC after he created the first block.
Thanks so much