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
Dead Cat Bounce
Price rally that is short lived after a prolonged decline. Price charts will show a recovery in anticipation of a market turnaround only to decline further.
Faucet
A faucet usually represents a site or app where a user can navigate to for small rewards repeated over time.
ERC-20
ERC-20 is one of the most widely used token standards in Ethereum to create fungible, exchangeable tokens.
Liquidity
The ease of which cryptocurrency can be bought and sold without impacting the overall market price.
Hungry for more knowledge?
Back to Glossary or Subscribe to our newsletter.