Post
Topic
Board Announcements (Altcoins)
Re: [ANN] 42 | + | + super rare + | + | + | + only 42 coins to be mined + | + | + |
by
tx42
on 07/02/2014, 03:43:11 UTC

What about that 50 coin block ?


The 50 coin block doesn't exist because those 50 come from the genesis block, which can't be spent:

"This was probably intended as proof that the block was created on or after January 3rd, 2009, as well as a comment on the instability caused by fractional-reserve banking.

The first 50BTC block reward went to address 1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa, though this reward can't be spent due to a quirk in the way that the genesis block is expressed in the code (this may have been intentional)."

-- https://en.bitcoin.it/wiki/Genesis_block (that website is down right now, though)

See also http://bitcoin.stackexchange.com/questions/10009/why-cant-the-genesis-block-coinbase-be-spent/10019#10019

See also http://altexplorer.net/address/4ZKvu2EiGj1eURh4dU4Gzn7ueFAWFTCmfo