It is the first block of Bitcoin called Genesis. Its modern block number in Bitcoin is Block 0 while earlier counted as Block 1. Genesis Block is always hardcoded into software applications to execute its blockchain. It produces unspendable support for all of its derivatives and Bitcoin.
The entire Bitcoin trading foundation is based on Genesis Block forms because it is a model of all blocks in the blockchain. In 2009 Genesis Block was created by, Satoshi Nakamoto, (Bitcoin name developer) which launched the Bitcoin trading process that’s in place today. Perhaps the essential gift of Genesis Block to its users is its transparency, integrity and accountability.