Written by: Pan Zhixiong At 11:26 pm on July 30, 2015, Beijing time, Ethereum block 0 was officially mined. The block contained 8893 genesis transactions and allocated 8893 addresses in the Ethereum network.

The initial 72 million ETH.

The Ethereum network, which has just celebrated its "sixth birthday", is about to undergo a London hard fork upgrade this week. EIP-1559 in this upgrade is the first economic model modification since the birth of Ethereum. The importance of this proposal is self-evident.

But it also triggered huge controversy among some miners and communities.

As of the time of publishing, 35% of the nodes are still not upgraded to support the London hard fork, but in any case, it will all be settled in two days.

At this monumental moment for Ethereum, we did some simple analysis on the characteristics and asset holdings of the thousands of genesis addresses, and found some interesting conclusions.

There are two relatively intuitive dimensions that can be used to refer to the current ETH holdings of these 8893 addresses. One is the distribution of the total ETH held by these addresses and the number of ETH held.

According to Lianwen statistics, the total amount of ETH currently held by these 8,893 addresses is approximately 3.09 million ETH, which is a decrease of nearly 96% from the 72 million ETH six years ago.

But if you look at the dollar value, the price of these address assets has increased significantly.

Referring to the opening price of ETH on CoinMarketCap at US$2.83 on August 7, 2015, the total value of 72 million ETH six years ago was US$200 million; but based on ETH's current price of US$2,500, the total value of 3.09 million ETH exceeds 77

billion, nearly 40 times that of six years ago, and when Ethereum hit a historical high of $4,300 not long ago, this increase was even more impressive.

Another dimension is the distribution of the amount of ETH held, especially addresses with a balance less than 0.01 ETH, which are likely to be abandoned addresses.

After sorting out, it was found that there are currently 5317 genesis addresses with a balance of less than 0.01, accounting for about 60% of all genesis addresses.

If the standard is expanded to the number of addresses less than 1 ETH, it accounts for about 82% (7248) of all genesis addresses.

Although these addresses have transferred most of the Ethereum out, this does not mean that the users behind these addresses have sold the Ethereum, because it is very likely that they have just transferred it to other addresses, or the users are sorting out the addresses.

However, these situations cannot be accurately determined from the chain.

Among these genesis users, there are still 8% addresses that have barely moved their ETH. Especially in the past six years, the price of Ethereum has risen from a minimum of less than 1 US dollar to a maximum of more than 4,000 US dollars. These people

The floating profit has increased by at least several thousand times.

In terms of specific rules, we obtained the balances at the time of creation and the current balances of these addresses. If the difference is between 0.01 ETH and -0.01 ETH, it meets this standard because many of the addresses have received

Various airdrops or smart contracts have been created, so some ETH may be increased or decreased.

The number of all addresses that meet this criterion is 723. What is even more frightening is that the number of ETH held by these addresses exceeds 2 million ETH, accounting for 65% of the total current ETH holdings of 8893 addresses (3.09 million ETH).