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What is a genesis block?

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A genesis block is the very first block in a blockchain. It is unique because it does not reference a previous block, as subsequent blocks do, and serves as the foundation for the entire blockchain network. The creation of the genesis block marks the birth of a new blockchain and typically contains special data or messages encoded within it.
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A genesis block is the very first block in a blockchain network. It serves as the foundation for the entire blockchain and contains unique data that sets it apart from subsequent blocks. The creation of the genesis block is a crucial step in establishing a new blockchain network.

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