Glossary March 5, 2026 Genesis Block Genesis Block The very first block of a blockchain, hardcoded into the network and serving as the foundation for all subsequent blocks.
Glossary March 5, 2026 Algorand token standard A shared interface specification that helps tokens and smart contracts remain compatible with wallets, exchanges, and tooling.
Glossary March 5, 2026 Fiat Government-issued currency not backed by a physical commodity, such as the US Dollar or Euro.
Glossary March 5, 2026 Oracle A service that provides external real-world data to smart contracts on a blockchain.