This article just came swingin by in my news feed and my immediate reaction of "You have GOT to be kidding me!" gave way to some serious questions once I'd read the article: # [$500 Million Has Been Mistakenly Sent to Ethereum’s Genesis Address](https://news.bitcoin.com/500-million-mistakenly-sent-ethereums-genesis-address/) *"Another anguished user claims to have sent their entire savings of 1,493 ETH there in error. In total, the genesis address has received over 750 transactions in three years, and today holds over 7,000 ETH, worth $6 million, and more than 200 ERC20 tokens worth a staggering $517 million. Some of these tokens were airdrops deliberately sent to public ETH addresses, and others were deliberately ‘burnt’ by being sent to this address, making is difficult to ascertain the precise number of ERC20 tokens sent in error, over and above the $6 million in ETH that has been sent..."* Besides the strange tone of the article, likening cryptocurrencies to an atheistic alter to the techno gods.... really? "spiritual" is a decidedly weird word to chose when talking about Cryptos!! But besides the strange choice of terminology, the fact that so many coins have been sent to the "genesis block" raises my eyebrow (yes, just one of them) especially with the comment of tokens being *"deliberately burnt"* by sending them to the ETH Genesis Block... ...Thoughts? Opinions? I mean.... what the hell? d 
author | daniarnold |
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permlink | usd500million-sent-to-ethereum-s-genesis-block-wtf |
category | ethereum |
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created | 2018-03-05 14:14:21 |
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This would be more interesting if those who made etherium blochain have also been working with those wallets that have genesis address as default address.. 
author | mikael79 |
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permlink | re-daniarnold-usd500million-sent-to-ethereum-s-genesis-block-wtf-20180305t145816384z |
category | ethereum |
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