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
Off-chain
It refers to transactions occuring outside the blockchain and executed instantly.
Block Explorer
Application or websites which display information such as status of transactions or data contained in a block of a given public blockchain network.
Market capitalization (market cap)
In Crypto, market cap is measured by multiplication of the circulating supply of tokens or currency and its current price
Stablecoin
Cryptocurrency with a price peg to fiat currencies or commodity.
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