Cryptocurrency Terms and Definitions

Gas is a unit measuring the computing resources needed to perform operations in the Ethereum network. The more complex a transaction, the more gas it consumes and the higher the resulting fee for processing it.

The genesis block is the very first block in a blockchain, from which the network's history begins. It lays the foundation for all subsequent blocks and effectively marks the birth of a cryptocurrency.

Get Rekt is a slang expression meaning the crushing failure of a trader or investor. It is most often said of those who suffered large losses due to a bad trade or a sharp market move.

Gigahashes/sec (Gigahashes/sec, GH/s) is a unit measuring the computing power of mining hardware. It shows how many billions of hash operations a device performs in one second.

GitHub is the largest platform for hosting and collaborative software development. In the crypto industry, it is where teams publish the source code of their projects, which makes it possible to assess their openness and activity.