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
Double Spending
Double spending refers to the act of spending digital currencies twice. This is most commonly applied on crypto exchanges by unscrupulous actors.
Mempool
It is the abbreviation of Memory Pool. Set of unconfirmed transactions in a blockchain
Non-custodial
It is a decentralized type-of-wallet, where the users owns its private keys.
Degen
Cryptotrading without Due Diligence and research - basically gambling
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