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
Block
In the context of blockchain, block refers to the collection of transactional data or information that are bundled together in a predetermined size.
Trading Volume
The amount of the cryptocurrency that has been traded in the last 24 hours.
Moon
"Moon" or "To the moon" is a crypto slang that describes an exclamation when the cryptocurrencies prices are rising and when it hit the peak, the coin is said to be "mooning".
51% Attack
An attack on blockchain by a group of miners controlling more than 50% of network hash rate
Hungry for more knowledge?
Back to Glossary or Subscribe to our newsletter.