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Re: The curious case of the forum member distrusting Satoshi
by
TheArchaeologist
on 28/06/2020, 09:08:20 UTC
⭐ Merited by ETFbitcoin (1)
block 1 is supposed to be un cashable
/quote]
Why did you come to this conclusion? Do you mean the coins from the coinbase transaction (hash 0e3e2357e806b6cdb1f70b54c3a3a17b6714ee1f0e68bebb44a74b1efd512098) of block 1? Beacuse these coins are prefectly spendable as long as you have the private key. Just as the extra .34597579 deposited to the address (12c6DSiU4Rq3P4ZxziKxzrL5LmMBrzjrJX).

The only coins proven not to be spendable are the 50 BTC rewarded for the Genesis block (block 0) with a hash of 4a5e1e4baab89f3a32518a88c31bc87f618f76673e2cc77ab2127b7afdeda33b. This is because although the transaction is in the blockchain, it was not added to the UTXO database. It is unclear if this was a bug or if this was intended. Hower all the 13+ BTC which have been deposited to this public key/address can be spent if you have the private key.