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
Zero Knowledge Proof
Cryptographic proof for 2 parties to verify a value without revealing what the value is.
Emission
The speed/rate at which new coins are minted and released as dictated by the protocols written.
When Lambo
An expression used by investors to ask when the value of their investment could buy them a Lamborghini
Delegated Proof-of-Stake (dPOS)
A consensus mechanism where selected members of a network are voted as delegates to validate transactions and produce blocks on a blockchain.
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