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'.

Bitcoin Improvement Proposal (BIP)

Refers to improvement proposals for Bitcoin, used to introduce features or any updates on the Bitcoin network.

Block

In the context of blockchain, block refers to the collection of transactional data or information that are bundled together in a predetermined size.

QR Code

Abbreviation "Quick Response Code", QR code is a machine readable optical label that stores up to 3Kb of data

Goblin Town

A term used to describe the market's persistent downtrend, synonymous with "bear market".

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