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.
Blockchain Technology
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.
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.
Fractionalization
Fractionalization in cryptocurrency is the process of dividing a single asset into smaller units, making high-value digital assets more accessible to individual investors.
Fork (Soft)
A soft fork is a backward-compatible update to a blockchain protocol, allowing non-upgraded nodes to validate and verify new transactions without network splits.
Federated Blockchain
Federated blockchains offer enhanced security and efficiency by allowing multiple organizations to manage and validate transactions collaboratively.
ERC-1155
ERC-1155 is a revolutionary multi-token standard on the Ethereum blockchain, enabling efficient management of fungible, non-fungible, and semi-fungible tokens.
ENS (Ethereum Name Service)
The Ethereum Name Service (ENS) simplifies blockchain interactions by replacing complex addresses with human-readable names, enhancing user experience and reducing errors.
Elliptic Curve Cryptography (ECC)
Elliptic Curve Cryptography (ECC) is a public key encryption technique known for its high security and efficiency, crucial for securing cryptocurrency transactions.