Block height 629,999 mysterious message cold knowledge: Coinbase data, have you figured it out?
On April 9, 2020, The New York Times reported that the Federal Reserve injected $2.3 trillion into the economy, surpassing the rescue levels of 2008.
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Wait, what is Coinbase?
From the blockchain browser, we can see that this message is left in the Coinbase data, but the "Coinbase" mentioned here has nothing to do with the well-known U.S. exchange Coinbase.
Let's revisit the "coinbase transaction," which refers to the first transaction in each block initiated by miners. The special code field it contains is called the coinbase.
This transaction also allows for the storage of arbitrary data within 100 bytes, equivalent to 100 English characters and half-width symbols. The stored data is what we refer to as "Coinbase data."
However, it has no real connection to the U.S. company Coinbase. Founded by Brian Armstrong and Fred Ehrsam in 2012, Coinbase is a leading digital currency exchange in the United States and one of the top exchanges in the world. While its name is related to the blockchain's coinbase, it has absolutely no relation to the mysterious message about the block halving this time.
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