Genesis Block
By CoinGecko | Updated on Aug 12, 2021
It is the first block of data that is processed and validated to form a new blockchain, typically called as 'block 0' or 'block 1'.
Related Terms
Private Keys
The alphanumeric string which allows transactions from the cryptocurrency address
Wallet Address
The address in which cryptocurrency can be stored, sent to and receive.
Blockchain
In Bitcoin's case, blockchain describes its decentralized, public ledger which contains transactional information.
Miners
Contributors to a blockchain taking part in the process of mining.
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