Crypto Glossary: G

Crypto Glossary: Ga, Ge, Gi-Gn, Go, Gr-Gw

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Ga

  • Gains: The profits or returns made from cryptocurrency trading or investing when the value of an asset increases.
  • Game Channels: Off-chain solutions that allow participants in blockchain-based games to interact directly, reducing costs and improving speed without compromising the integrity of the underlying blockchain.
  • Game Theory: A branch of mathematics focused on strategic decision-making, which is often applied in blockchain design to ensure cooperation and incentivize honest behavior among participants.
  • Gas: A unit used to measure computational work in Ethereum, paid in Ether (ETH) to execute transactions or run smart contracts on the network.
  • Gas Escalation: A situation where users continuously increase gas fees to outbid each other for faster transaction processing.
  • Gas Limit: The maximum amount of gas a user is willing to spend on a transaction or operation, defining the computational effort they are prepared to pay for.
  • Gas Price: The amount of Ether (ETH) a user pays per unit of gas, determining the priority of their transaction in the blockchain network.
  • Gas Refund: A mechanism where gas fees are partially refunded for certain types of transactions or actions on a blockchain.
  • Gas Station Networks (GSN): Infrastructure that allows decentralized applications (dApps) to pay gas fees on behalf of their users, enhancing accessibility by covering transaction costs.
  • Gas Wars: A situation where users compete by increasing gas fees to get their transactions processed faster.
  • Gasless Transactions: Blockchain transactions that do not require the sender to pay gas fees, often subsidized by the platform.
  • Gateway: A service or platform that connects different blockchain networks or enables fiat-to-crypto transactions.
  • Gavin Wood: A co-founder of Ethereum and the creator of Polkadot, known for his significant contributions to blockchain technology and decentralized systems.

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Ge

  • Gemini: A centralized cryptocurrency exchange founded by the Winklevoss twins.
  • Gemini Dollar (GUSD): A stablecoin backed 1:1 with the US dollar, created by the Gemini exchange.
  • Gems: A colloquial term used to describe undervalued or promising cryptocurrencies or tokens that have the potential for substantial future growth.
  • Genesis Block: The very first block in a blockchain, often referred to as Block 0.
  • Genesis Wallet: A wallet tied to the genesis block of a blockchain.
  • Gemini Dollar (GUSD): A stablecoin backed 1:1 with the US dollar, created by Gemini.
  • Geoblocking: A restriction applied by crypto services to block users based on their geographic location.
  • Geotagged NFT: A non-fungible token associated with specific geographical coordinates, providing unique location-based digital ownership or content.
  • Geth: Short for “Go-Ethereum,” it is one of the most widely used software implementations of the Ethereum blockchain, allowing users to run nodes and interact with the Ethereum network.
  • GeyserCoin (GSR): A lesser-known cryptocurrency with a focus on community-driven projects.

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Gi – Gn

  • Gigahash (GH/s): A unit of hash rate measuring a billion hash calculations per second, relevant in cryptocurrency mining.
  • Gini Coefficient: A measure used to assess income or wealth distribution, sometimes applied to evaluate the centralization of cryptocurrency ownership.
  • Glassnode: A popular on-chain analytics platform that provides insights into blockchain data and market trends.
  • Global Coin (GLC): A digital currency aimed at simplifying global payments.
  • Global Hashrate: The total computational power used in mining across a specific blockchain network.
  • Global Market Cap: The total valuation of all cryptocurrencies combined, often tracked as a key metric in the crypto industry.
  • Gnosis (GNO): A decentralized platform for prediction markets and decentralized finance (DeFi) applications.

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Go

  • Gold Coin (GLC): A cryptocurrency designed to be a secure and fast digital payment system.
  • Gold Mint (MNTP): A cryptocurrency backed by gold and designed for secure transactions.
  • Gold Standard: A historical monetary system in which currencies were directly tied to gold, sometimes discussed in cryptocurrency contexts as a parallel or comparison.
  • Gold Token: A cryptocurrency token backed by physical gold to maintain a stable value.
  • Gold-Backed Cryptocurrency: A digital asset or token that is tied to the value of physical gold, aiming to combine the stability of gold with the advantages of blockchain technology.
  • Golden Cross: A technical analysis indicator where a short-term moving average crosses above a long-term moving average, signaling potential price increases.
  • Golem (GLM): A decentralized platform for sharing computing power.
  • Google Authenticator: A mobile app used for two-factor authentication (2FA), providing time-based one-time passwords (TOTPs) for securing cryptocurrency accounts and other digital services.
  • Gossip Protocol: A method of communication used in distributed systems to ensure data consistency across nodes.
  • Governance: The processes and structures used by blockchain networks or decentralized systems to make decisions, manage resources, and implement changes collectively.
  • Governance Mechanism: Specific systems or tools used to facilitate decision-making within a blockchain ecosystem.
  • Governance Model: The structure and set of rules defining how decisions are made within a blockchain or decentralized autonomous organization (DAO).
  • Governance Token: A token that grants holders the right to participate in decision-making processes of a blockchain project.
  • GPG Encryption: A cryptographic method using GNU Privacy Guard (GPG) software to encrypt and sign data, ensuring secure communication and authenticity.

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Gr – Gw

  • Gradient Descent: A machine learning technique often referenced in crypto spaces for developing predictive trading algorithms.
  • Graphics Processing Unit (GPU): Hardware commonly used for cryptocurrency mining.
  • Gray Market: The trading of assets or goods through unauthorized but not strictly illegal channels, which may apply to certain crypto markets.
  • Gray Swan Event: A highly unlikely but impactful event that is considered possible and known, in contrast to a completely unforeseen “Black Swan” event.
  • Grayscale Bitcoin Trust (GBTC): An investment product that allows people to invest in Bitcoin without directly owning it.
  • Greater Fool Theory: An investment principle where an asset is bought with the expectation of selling it to someone else at a higher price, regardless of its intrinsic value.
  • Green Candle: A visual representation in candlestick charts indicating a cryptocurrency’s price has increased during a specific time frame.
  • Green Coin (GRE): A cryptocurrency focused on environmentally friendly initiatives.
  • Group Mining: A collaborative approach where individual miners pool their resources to increase their chances of successfully mining cryptocurrency blocks and sharing the rewards.
  • Grid Coin (GRC): A cryptocurrency that rewards users for contributing to scientific research through the BOINC platform.
  • Grid Trading: A trading strategy that involves buying and selling within a predefined price range to capture market volatility.
  • Green Mining: Mining cryptocurrencies in a more energy-efficient or environmentally sustainable manner.
  • Gwei: A small denomination of Ether (ETH) used to measure gas prices and transaction costs on the Ethereum network, with 1 Gwei equal to 0.000000001 ETH.

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G1X Token (G1X), Gaimin (GMRX), Gains Network (GNS), Gala (GALA), Gala Games (GALA), GALA Music (MUSIC), Galaxis (GALAXIS), Galileo Protocol (LEOX), GAM3S.GG (G3), Game 5 BALL (BALL), GAME by Virtuals (GAMEVIRTUAL), Game Coin (GMEX), Game of memes (GOME), GAMEE (GMEE), GameFi (GAFI), GameGPT (DUEL), Games For A Living (GFAL), Gamestarter (GAME), GameStop Coin (GME), Gami Token (GAMI), Gamium (GMM), GARI Network (GARI), Gas (GAS), Gate USD (USDG), Gate.IO (GTX), Gatechain (GT), Gearbox (GEAR), GEEQ (GEEQ), GemHUB (GHUB), Gemini dollar (GUSD), Genesiscoin (GNS), Genesys (GSYS), Genius Crypto Token (GNUS), GiantMammoth (GMMT), Gigachad (GIGA), GIOVE (GIOVE), Gitcoin (GTC), Glimmer (GLMR), GMCoin (GMCOIN), GME MASCOT (BUCK), GMX (GMX), Gnosis (GNO), GNY (GNY), GOATS (GOATS), Goatseus Maximus (GOAT), GoCrypto (GOC), Gods Unchained (GODS), GOGGLES (GOGLZ), Gold Fever (NGL), Golden Cat (GOLDENCAT), Goldfinch (GFI), GoldPro (GPRO), Golem (GLM), Golem Network Token (GLM), GoMining (GOMINING), Good Games Guild (GGG), GoodBoy (GOODBOY), GoodPersonCoin (GPCX), GoPlus Security (GPS), Gorilla (GORILLA), GPT chat (GPTCH), Gram (GRAM), GraphLinq Protocol (GLQ), Grass (GRASS), Gravity (G), griffain new hedge fund (CITADAIL), Grimace Coin (GRIMACE), Groestlcoin (GRS), Grok (GROK), GrokCoin (GROKCOIN), GT-Protocol (GTAI), Guacamole (GUAC), Guild of Guardians (GOG), GUMMY (GUMMY), GURU Token (GURU)

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