Asslam o alaikum Everyone

I hope everyone is doing well and ready to enjoy the month of July, and as we all know steem engagement challenges area here so. The topic is fascinating which is given by this community and I personally really enjoyed writing about so let's get started:

[Created from canva]

Bitcoin Genesis block which is also known as the block0 has a special significance in the history of cryptocurrency and in Bitcoin system. It was very first time mind by its creator in 2009 and the Genesis blocks are very significant purposes so let me explain few of them below:

Starting of Blockchain

When it is started it is the basic foundation of the Bitcoin blockchain history every blockchain on the people currency bills on its Genesis block so that it homes are continuous and unstoppable transactions.

Basic concept proof

The successful mining and the creation of the Genesis block give as the concept of bitcoins and its technology including a lot of proof in the work mechanism of cryptocurrency security and decentralization.

Importance as a symbol

Genesis block is the representative of the Bitcoin and shows its beginning and the new era in the digital market it also mark as the decentralization financial system that is challenging the traditional banking in now days.

Content of Genesis Block

Block have so many components and several key point so let me explain them here:

Header

The block header includes so many metadata a including version of numbers and a little touch of previous block ( which is basically 0 if it is very initial Genesis block), merkle root ( it is basically a hash that shows us that transaction in that block), the critical target, time stamp and a number that is used for the mining process.

Transaction on Coinbase

At that time this was the first transaction and also avoid minor which is the founder of the Bitcoin, awarded with 50 Bitcoin at that time and like it is not a typical transaction and coin waste transaction does not have input as we compared to the reward of that mining block.

Hidden Messages

They also have hidden messages in the Genesis block that read as, the message is the reference of the headline of UK newspaper name as The times which is published at same day of mining of that block.

Hidden Message impact on Genesis block

The hidden messages that have impact on the Genesis plot have the various purposes so that make explain few of them here below

Time-stamp

This message provide very very fine step and that time in 2009

Mission statement

The message is province as the mission statement of the Bitcoin which play I important role in the decentralization and self regulation of the financial system that operate independence of traditional banking and government techniques of intervention.

Financial system commentary

As this reference has a potential and bail out for the bank then it is widely interpreted and cause are critic to the existing financial system of the banks by telling the estability and receiving the shortcoming after reditional banking the owner of the Bitcoin need alternative system like a Bitcoin.

Genesis Blocks
Ethereum and Bitcoin

Now I am going to talk about some specific elements of the Ethereum Genesis block

Specific elements of Ethereum Genesis

Pre Funded account

*Maine accounts are free founded in the ether and we need initial allocation for the proper and distribution and in the early contributers

*Account States includes all the information that is ETH balance and storage root.

Smart contracts

Smart contracts included the contract account in which block change NSS did not have active smart on ethereum blockchains are design to support for the new beginners.

I have used boxing explorer which is steem world then I sign in as with my account and then hear you can see there is 61000 block is showing then I ride first block because Genesis is the first work of every blocking explorer and then all the details which you can see in my screenshot is provided here.

https://steemworld.org/block/1

Bitcoin Genesis block

Goals

• The biggest goal of the Bitcoin is the decentralization of all the digital currency along the pear transaction without any intermediate such as Bank

• Moreover Bitcoin is a financial so very unity because it particularly control the finances and response to the financial crisis in 2008

Underlying technologies

• Bitcoin always uses the proof of word mechanism when the minors of the complex problems and then they are verify for the transaction and network is secured

*They are limited supply almost 21 million coins introduced gradually through the mining reward

Community

• It is a early adopter and it attracts all the cryptor users and all the technology so that the work on it

• By the time it have expanded in the community and growing ecosystem has been made by range of users are involved in the Bitcoin also it has investors for the large financial growth.

Ethereum Genesis block

Goal

• If we talk about it's Google then it is smart contract and develop such the centralisation applications

• Decentralized platforms and where developers can build all the decentralised solutions releasing from the finance to the beyond as a have talked earlier

Underlying technologies

• They have initial proof of work and transaction such as proof of stake .

• All over there is a question of the small contract on the blockchains of the ethereum

• They also support all the logical programming enabling us a very sophisticated applications

Community

• Bay focus on the developers so and also I tried all the developers only not the investors which is a basic difference between Bitcoin and this they also have I range of projects with the industries for the decentralization and non fungible tokens

Steem Genesis block

Goals

• Their major goal is the social media and the content creation because they allow all the creators it again there and their work hard and developed exclusive content and they will be rewarded with the cryptocurrency.

• They are also in the decentralization community which is to decentralize social media platform and engage and contribute by the users

Underlying technologies

• They have delegated group of state which weakness that transaction and they also have a secure network with the stakeholders

• Steem tokens are distributed among the peoples and the users who engage and contribute

Community

• They focus basically on all the content writers social media users and the bloggers so that they can create a new content they also encourage participation and interaction with in the community by arranging the contest.

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Finding and exploring the Genesis block in the cryptocurrency blockchain is very important step and very significant to know this that how blockchains are operated here are some practical guidelines for the new commers given below:

1-Genesis introduction

First of all they wanted to know that what is Genesis block the Genesis block is the first block of any blockchain from which the chain is initiated and the software is made it contains all the important parameters which are required in the blockchain.

2- resources for the Genesis

Blockchain website development

If I talk about that tools and their resources that are required for the Genesis block then they are the first of all we need it a block in explorer these are the website from which we can find it is about our blockchain and all that dresses are included in it.

Official documents

Moreover secondary we need it official documents in which all the explanation and functionality and all the structure of that Genesis is involved.

Community Resources

• All the community resources including social media platform and the blocks are discuss by the developer in it.

3- exploring Bitcoin Genesis

• Now here I am going to explain step the stepmide for the Bitcoin blockchain websites and explorers first of all you will needed a website and the popular explorer

• Search for the Genesis block and floating block number which is actually zero because of this tenses block is actually the first block

• Analyse all the block details including time stamp transactions and coins based messages

(Already tale of the Bitcoin Genesis I have explain in the question to you can read their form more)

Finding the ethereum blockchain explorer

Visit the website of the explorer like "ethplorer" after that search US zero Genesis work and then analyse all the details and year you are ready for the Genesis block.

Steem Genesis block

Visit steam websites like steem world, steemblockexplorer or steemd they will provide all the initially tales and also I have attach all the screenshots from it at the top above input the plot number which is one and then analyse all the details you will get the details that steam which time stamp is started in the 2016 and then transactions are pretty find accounts are given witnesses and details are also mention there.