What is a Genesis Block?

A genesis block is the first block in a blockchain network, from which all subsequent blocks are linked. It is often hardcoded into the protocol and serves as the foundation for the entire blockchain. The genesis block contains the initial set of transactions, the timestamp of the block's creation, and other metadata that defines the network's parameters and configuration. In Cardano, the genesis block marks the beginning of the blockchain and sets the stage for its growth and development.

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