Network Inception Record

Definition ∞ A Network Inception Record refers to the initial block or genesis block of a blockchain, which contains the foundational data that establishes the network’s existence and initial state. This record is immutable and serves as the ultimate historical reference point for all subsequent transactions and blocks. It marks the formal start of a decentralized ledger. This block is the origin of the chain.
Context ∞ The network inception record holds historical significance for any blockchain, often commemorating the vision and initial parameters of its creators. Analysts and historians of digital assets frequently reference this record to understand the foundational principles and early distribution characteristics of a given cryptocurrency. News reports sometimes refer to this record when discussing a network’s origins or changes.