Genesis Mining
Riccardo Dondi
Genesis Mining is the process of creating the first block of a new blockchain network, crucial for setting its initial state and ensuring security.
Riccardo Dondi
Genesis Block
The Genesis Block, or Block 0, is the first block in a blockchain, foundational to the entire network, marking the inception and ensuring the immutability of the blockchain.
Generative Art
Generative art uses algorithms to create digital art, often linked with blockchain technology and NFTs for ownership and monetization.
Gas War
A Gas War in cryptocurrency is when users compete by offering higher gas fees to get their transactions processed first, often during high-demand events.
Gas Limit
Gas Limit is the maximum computational work a user is willing to expend on a blockchain transaction, crucial for efficiency, cost management, and network stability.
Gas Fees
Gas fees in cryptocurrency are vital for network security, resource allocation, and miner compensation, calculated based on gas limit and gas price.
Gas
Gas is a crucial element in Ethereum, measuring computational effort for transactions and smart contracts, ensuring efficient resource allocation and network security.
Fungible Token
A fungible token is a digital asset that is interchangeable with another of the same type and value, crucial for transactions in blockchain technology.
Full Node
A full node validates transactions and blocks, ensuring security, decentralization, and data integrity in blockchain networks like Bitcoin and Ethereum.
FUD
FUD in cryptocurrency stands for Fear, Uncertainty, and Doubt, often used to manipulate market sentiment and influence investor behavior.