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The BLOCKCHAIN is a distributed database that cryptographically secures and records transactions on a given network. A type of digital ledger that groups the networks transaction into “blocks”.

A NODE is a device on a blockchain network, that is in essence the foundation of the technology, allowing it to function and survive.  Nodes are distributed across a widespread network and carry out a variety of tasks.

A genesis block is the first block of a block chain. Modern versions of Bitcoin number it as block 0, though very early versions counted it as block 1. The genesis block is almost always hardcoded into the software of the applications that utilize its block chain

 

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