I've recentaly started learning about blockchain, dapps and Ethereum.

I've readed on the yellow paper (and some questions on Stack Exachange) that, differently from Bitcoin, in Ethereum the "genesis block" is hardcored and not mined: this involves that no one got the reward associtated with it. So, my question is: how, in the first ever transaction on the Ethereum network, does the sender earned his funds to sustain his transaction? Since no value wasn't currency circulated yet.


1 Answer 1


In Ethereum the genesis block is special. The contributors balances were initialized directly in the Ethereum World State, so it didn't costs any fees.

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