deBridge DeFi Glossary | Understand The Words of Crypto
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Gasless

Gasless transactions are processed without requiring user gas payments. Protocols cover the cost or use alternative fee systems.

Genesis Block

The genesis block is the very first block of a blockchain, also known as Block 0 or Block 1. It marks the beginning of its chain history.

GM (Good Morning)

“GM” (short for Good Morning) is a friendly greeting widely used in crypto communities. It represents positivity and shared culture.

Governance Token

A governance token gives holders the right to vote on protocol decisions. It represents decentralized ownership.

Gas

Gas is the fee paid to process transactions on a blockchain. Higher network activity leads to higher gas costs.

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