I think it’s important to distinguish that the article Satoshi included in the genesis block was included in the Coinbase part of the transaction (nothing to do with the exchange).
Each block must have one and only one coinbase transaction which is the transaction that distributes the block reward to the miner.
The coinbase transaction is part of what is used to generate the hash for the block, and so if satoshi did not include the article the hash of the genesis block would be different. Technically this does not affect the bitcoin protocol but served as a neat way to alter the hash of the genesis block as well as adding a human readable timestamp in the form of an article.
Just about all mining pools add their name (for example Foundry) to the coinbase transaction as a common practice but is not technically necessary.
From my understanding, there is no limit to size of the coinbase transaction besides the block weight (4mb). This incentivises miners to include less in the coinbase transaction as a larger coinbase transaction leaves less room for regular transactions (less fees earned) and may cause that block to propagate the network slower.
TheKayman
npub1da…lc25u
2025-09-28 05:11:27 UTC
in reply to nevent1q…08sm
Author Public Key
npub1dagr25zv0sucfxmcxmw69xr2reh2nj72emw2jw9a9w82cvsyghtsdlc25uSeen on
wss://relay.minibolt.infoPublished at
2025-09-28 05:11:27 UTCEvent JSON
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"content": "I think it’s important to distinguish that the article Satoshi included in the genesis block was included in the Coinbase part of the transaction (nothing to do with the exchange). \n\nEach block must have one and only one coinbase transaction which is the transaction that distributes the block reward to the miner.\n\nThe coinbase transaction is part of what is used to generate the hash for the block, and so if satoshi did not include the article the hash of the genesis block would be different. Technically this does not affect the bitcoin protocol but served as a neat way to alter the hash of the genesis block as well as adding a human readable timestamp in the form of an article. \n\nJust about all mining pools add their name (for example Foundry) to the coinbase transaction as a common practice but is not technically necessary. \n\nFrom my understanding, there is no limit to size of the coinbase transaction besides the block weight (4mb). This incentivises miners to include less in the coinbase transaction as a larger coinbase transaction leaves less room for regular transactions (less fees earned) and may cause that block to propagate the network slower.",
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