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Block The sub-unit of a block chain recording a collection of transactions conducted with a cryptocurrency. Hh Hard Cap During an Initial Coin Offering, the creator of the cryptocurrency may set a limit on the amount of funds to be can you launder money with bitcoin trezor split bitcoin cash through the investment brought in at the offering. Atomic Swap The exercise of cryptocurrency owners exchanging currencies at existing rates without buying or selling their holdings. When all nodes agree, a consensus has been reached. The wallet address is public, however the access keys and the balance is private. These are maintained and run autonomously by all the nodes connected to the block chain. Distributed Ledger As opposed to centralized ledger, such a ledger is stored in multiple locations and accessible by multiple individuals. Cc Chain Linking When exchanging currencies, two separate block chains must be linked to make or record the transaction as one currency is destroyed and another is created. Node A singular computer connected to the blockchain, assisting in the maintenance of the chain. Those who initially sold their currency can buy back the extra currency at lower prices to draw up the prices reddit are cryptocurrencies worth it cryptocurrencies perform make profits through extra coins or the difference between the selling cryptocurrency mining amd gpus reddit private keys for cryptocurrency buying prices. Anti-Money Laundering AML Regulations and laws implemented internationally to stop fast hash one bitcoin mining machine genesis mining equipment laundering through cryptocurrencies. This third party is the financial intermediary between a buyer and a seller. Each cryptocurrency has its own unique Cryptographic Hash Function and a unique encryption key. Arbitrage To buy and sell different cryptocurrencies for can i send ether to an electrum wallet check dash balance trezor based on differences in prices for currency. Pp Buy bitcoin service biggest bitcoin exchange in asia Key An alphanumeric string used to access cryptocurrency wallets. P2P Short for peer-to-peer. Tt Test Net When a creator is testing the functionality of a kraken vs coinbase buy ripple on virwox cryptocurrency it is done on a Test Net. These events include trades, spending, buying or selling of cryptocurrencies. Escrow When a third party agrees to hold the funds pending a transaction or transfer, it is said that the funds are in escrow. Fork When two different block chains of the same currency are created to work simultaneously. A cryptocurrency is bullish if it has exhibited price increases over a certain period of time. Circulating Supply The amount of cryptocurrency specifically available for public trading on open markets. Aa Address An online location specified as a random arrangement of strings or numbers where cryptocurrency can be sent to or received. Block Explorer Online tools to observe activities on the block chain. All time High ATH The maximum price ever achieved by a cryptocurrency throughout its trading history.
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Crypto-currency Glossary
Bid The act of offering a price at which someone is willing to buy a specified quantity of cryptocurrency. Dd Decentralized Application Computer programs that employ block chains for data storage. Pp Private Key An alphanumeric string used to access cryptocurrency wallets. Fork When two different block chains of the same currency are created to work simultaneously. Nn Network The collection of all nodes assisting in the operations of a blockchain. Hh Hard Cap During an Initial Coin Offering, the creator of the cryptocurrency may set a limit on the amount of funds to be raised through the investment brought in at the offering. Each cryptocurrency has its own unique Cryptographic Hash Function and a unique encryption key. All transactions through a cryptocurrency are conducted on a single block chain. Ee Ethereum A type of cryptocurrency Escrow When a third party agrees to hold the funds pending a transaction or transfer, it is said that the funds are in escrow. Bb Bag When holding a significant amount of cryptocurrency, it is said that the person is holding a bag of cryptocurrency. If you do not access your crypto wallet or have transferred coins onto a flash drive, you are said to have put you coins in cold storage. Such an event is called chain linking. Dump The exercise of selling large volumes of cryptocurrency simultaneously. Can be used to analyze cryptocurrency performance and make conclusions about existing hash power, future currency rates, growth, transactions etc. An Ask for cryptocurrency indicates willingness to sell a quantity of cryptocurrency for a specified price. Hash Rate The rates at which your computer can create new hashes as entries on the blockchain. In order for a block chain to successfully take a hard fork, all the nodes on the block chain must transfer to the newest protocols. Double Spend A double spend occurs when currency holders attempt to transfer the same unit of cryptocurrency to two different wallets or locations simultaneously.
It is intended to convince investors of the success of the currency. When a new block chain is created, this is known as a hard or a soft fork. These events include trades, spending, buying or selling of cryptocurrencies. Both block chains are run on the same network. Could be indicative of a bear trap. P2P Short for peer-to-peer. Block Reward New cryptocurrencies rewarded to miners for their mining efforts. Block The sub-unit of a block chain recording a collection of transactions conducted with a cryptocurrency. Nn Network The collection of all nodes assisting in the operations of a blockchain.
Node A singular computer connected to the blockchain, assisting in the maintenance of the chain. Blockchain A collection of blocks that records the entirety of collections of transactions conducted using cryptocurrencies. Each hash attempt involves creating a new block, recording cryptocurrency transactions and cross checking it against the rest of the block chain for double spends. Ee Ethereum A type of cryptocurrency Escrow When a third party agrees to hold the funds pending a transaction or transfer, it is said that the funds are in escrow. A whitepaper specifies the processes of acquiring the currency, the technical specifications for mining and the expected growth of the currency. It is a virtual storage where encrypted cryptocurrency is stored as alphanumeric strings. When a new block chain is created, this is known as a hard or a soft fork. Rewards are determined on the basis of whether and how much hash power was lent to process of recording transactions. Could be indicative of a bear trap. For example:
Each cryptocurrency has its own unique Cryptographic Hash Function and a unique encryption key. Gg Genesis Block The first or the first few blocks on the block chain. Dump The exercise of selling large volumes of cryptocurrency simultaneously. P2P Short for peer-to-peer. An Ask for cryptocurrency indicates willingness to sell a quantity of cryptocurrency for a specified price. Cold Storage The exercise of keeping coins offline on flash drives or disconnected from the internet and access codes locked away. Bid The act of offering a price at which someone is willing to buy a specified quantity of cryptocurrency. It is intended to convince investors of the success of the currency. Distributed Ledger As opposed to centralized ledger, such a ledger is stored in multiple locations and accessible by multiple individuals. It how many bitcoin transactions fail how to transfer bitcoin to pc coinbase electrum considered the safest storing method since it eliminates all possibilities of digital fraud. Bear Trap Certain holders may dump their cryptocurrency into the market, causing prices to fall. Proof of Stake A mining reward scheme that caps miner rewards at the initial neo crypto coin prediction 2019 what effect would a war have on cryptocurrency they made in the currency. Mm Mining The exercise of maintaining transactions on block chains by creating new blocks and checking for discrepancy against existing records. Through singular or coordinated effort, this power can be used to halt, stop or change mining and transactions.
The transaction ledgers are maintained by a peer-to-peer connection of block chains that record and verify all transactions. Circulating Supply The amount of cryptocurrency specifically available for public trading on open markets. Nn Network The collection of all nodes assisting in the operations of a blockchain. Through singular or coordinated effort, this power can be used to halt, stop or change mining and transactions. Bid The act of offering a price at which someone is willing to buy a specified quantity of cryptocurrency. Block Explorer Online tools to observe activities on the block chain. Hash Rate The rates at which your computer can create new hashes as entries on the blockchain. Cryptocurrency Digital, encrypted cryptocurrency where to find information on bitcoins how do i send bitcoin from coinbase to bittrex independently of banks. These are usually scams. A whitepaper specifies the processes of acquiring the currency, the technical specifications for mining and the expected growth of the currency. It is accessible to all on the block chain network to cross check whether certain events took place on the block how to use a bitcoin coupon code bitcoin 6 verification. Hh Hard Cap During an Initial Coin Offering, the creator of the cryptocurrency may set a limit on the amount of funds to be raised through the investment brought in at the offering. A cryptocurrency is bullish if it has exhibited price increases over a certain period of time. This makes other holders sell their currencies as well which further drives down the prices. Bear Trap Certain holders may dump their cryptocurrency into the market, causing prices movie bitcoin how many years will ethereum last fall.
The wallet address is public, however the access keys and the balance is private. Both block chains are run on the same network. Block Explorer Online tools to observe activities on the block chain. Cryptocurrency Digital, encrypted cryptocurrency operating independently of banks. Bear Trap Certain holders may dump their cryptocurrency into the market, causing prices to fall. Distributed Ledger As opposed to centralized ledger, such a ledger is stored in multiple locations and accessible by multiple individuals. No cryptocurrency may be created or offered beyond the limit. Proof of Authority A private key, authorizing the holder to mine for cryptocurrency. Ff Faucet Websites that offer cryptocurrency in exchange for connecting with them. Tt Test Net When a creator is testing the functionality of a new cryptocurrency it is done on a Test Net. The word bearish is used to describe the general behavior of the currency as falling in price. All time High ATH The maximum price ever achieved by a cryptocurrency throughout its trading history. Dd Decentralized Application Computer programs that employ block chains for data storage. Hh Hard Cap During an Initial Coin Offering, the creator of the cryptocurrency may set a limit on the amount of funds to be raised through the investment brought in at the offering. With block height 0, a block chain contains only 1 block. Below is a comprehensive list of terms referring to the various entities, processes and activities in the cryptocurrency space. Selling currency to drive prices down and buying back at lower rates for profit. This third party is the financial intermediary between a buyer and a seller.
Block Height Refers to the number of blocks on the block chain. Blockchain A collection of blocks that records the entirety of collections of transactions conducted using cryptocurrencies. This makes other holders sell their currencies as well which further drives down the prices. Originating from a typo found on a reddit thread on cryptocurrencies and adopted as a convention. Those who initially sold their currency can buy back the extra currency at lower prices to draw up the prices and make profits through extra coins or the difference between the selling and buying prices. Double Spend A double spend occurs when currency holders attempt to transfer the same unit of cryptocurrency to two different wallets or locations simultaneously. Node A singular computer connected to the blockchain, assisting in the maintenance of the chain. It is a simulation of the Main Net which is the primary field of cryptocurrency activity. A whitepaper specifies the processes of acquiring the currency, the technical specifications for mining and the expected growth of the currency. Similarly with height 1, the chain contains 2 blocks. The wallet address is public, however the access keys and the balance is private. For example: Dump The exercise of selling large volumes of cryptocurrency simultaneously. Block Reward New cryptocurrencies bitcoin price fundamental analysis bvi ico bitcoin to miners for their mining efforts. It is a type of computer chip that can be used to efficiently mine for cryptocurrency, often compared with Graphics Cards used for mining. Whitepaper A document specifying a detailed description of the cryptocurrency. All transactions through a cryptocurrency are conducted on a single block chain. Bitpay rate can i buy nlc2 on yobit with ethereum The first cryptocurrency ever created. Such an event is called chain linking.
Circulating Supply The amount of cryptocurrency specifically available for public trading on open markets only. These events include trades, spending, buying or selling of cryptocurrencies etc. Crypto-currency Glossary Aa Address An online location specified as a random arrangement of strings or numbers where cryptocurrency can be sent to or received from. P2P Short for peer-to-peer. Blockchain A collection of blocks that records the entirety of collections of transactions conducted using cryptocurrencies. Gg Genesis Block The first or the first few blocks on the block chain. Bear Trap Certain holders may dump their cryptocurrency into the market, causing prices to fall. Block Reward New cryptocurrencies rewarded to miners for their mining efforts. Rewards are determined on the basis of whether and how much hash power was lent to process of recording transactions. Whitepaper A document specifying a detailed description of the cryptocurrency. Airdrop The distribution of cryptocurrency by the creator of the currency free of charge or at low prices to increase popularity and use. Familiarize yourself with the jargon commonly used in crypto-trading. Cryptocurrencies can be stored offline, burned, locked or reserved and thus not available for public trading.
Bear Trap Certain holders may dump their cryptocurrency into the market, causing prices to fall. A whitepaper specifies the processes of acquiring the currency, the technical specifications for mining and the expected growth of the currency. Such an event is called chain linking. Miners cannot earn more than the cap. Fork When two different block chains of the same currency are created to work simultaneously. Ff Faucet Websites that offer cryptocurrency in exchange for connecting with them. It can exist as software, hardware, paper or in other forms. Gg Genesis Block The first or the first few blocks on the block chain. Both block chains are run on the same network. Burned When a currency becomes unspendable due to legislation, technical malfunction or the like; it is said to be burned. Ww Wallet A unique code that serves as an address representing storage of cryptocurrency on the blockchain. Each hash attempt involves creating a new block, recording cryptocurrency transactions and cross checking it against the rest of the block chain for double spends. If you do not access your crypto wallet or have transferred coins onto a flash drive, you are said to have put you coins in cold storage. Originating from a typo found on a reddit thread on cryptocurrencies and adopted as a convention. For example: Nn Network The collection of all nodes assisting in the operations of a blockchain. Mm Mining The exercise of maintaining transactions on block chains by creating new blocks and checking for discrepancy against existing records.
Those who initially sold their currency can buy back the extra currency at lower prices to draw up the prices and make profits through extra coins or the difference between the selling and buying prices. Bear Trap Certain holders may dump their cryptocurrency into the market, causing prices to fall. It is accessible to all on the block chain network to cross check whether certain events took place on the block chain. The wallet address is public, however the access keys and the balance is powering a mining rig cryptographically signing a bitcoin transaction why. These events include trades, spending, buying or selling of cryptocurrencies. Ee Ethereum A type of cryptocurrency Escrow When a third party agrees to hold the funds pending a transaction or transfer, it is said that the funds are in escrow. These are usually scams. Atomic Swap The exercise of cryptocurrency owners exchanging currencies at existing rates without coinbase in india coinbase maximum attempts or selling their holdings. Blockchain A collection of blocks that records the entirety of collections of transactions conducted using cryptocurrencies. This third party is the financial intermediary between a buyer and a seller. Through singular or coordinated effort, this power can be used to halt, stop or change mining and transactions. Anti-Money Laundering AML Regulations and laws implemented internationally to stop money laundering through cryptocurrencies. Cryptocurrencies can be stored offline, burned, locked or reserved and thus not available for public trading. Can be used to analyze cryptocurrency performance and make conclusions about existing hash power, future currency rates, growth, transactions. It is a type of computer chip that can be used to efficiently mine for cryptocurrency, often compared with Graphics Cards used for mining. When a new block chain is created, this is known as a hard or a soft fork. Airdrop The distribution of cryptocurrency by the creator of the currency free of charge or at low prices to increase popularity and use. P2P Short for peer-to-peer. Node A singular computer connected to the blockchain, assisting in the maintenance of the chain. Whitepaper A document specifying a detailed description of the cryptocurrency. Hardware Wallet A physical device used to store encrypted cryptocurrencies. It is intended to convince investors of the success of the currency.
Ask A sell order for cryptocurrency. Tt Test Net When a creator is testing the functionality of a new cryptocurrency it is done on a Test Net. The wallet address is public, however the access keys and the balance is private. Each hash attempt involves creating a new block, recording cryptocurrency transactions and cross checking it against the rest of the block chain for double spends. Hh Hard Cap During an Initial Coin Offering, the creator of the cryptocurrency may set a limit on the amount of funds to be raised through the investment brought in at the offering. Atomic Swap The exercise of cryptocurrency owners exchanging currencies at existing rates without buying or selling bitcoin ponzi steemit ats bitcoin price holdings. Airdrop The distribution of cryptocurrency by the creator of the currency free of charge or at low prices to increase popularity and use. When a new block chain is created, this is known as a hard or a soft fork. Rewards are determined on the basis of whether and how much hash power was lent to process of recording transactions. Ee Ethereum A type of cryptocurrency Escrow When a third party agrees to hold the funds pending a transaction or transfer, it is said that the funds are in escrow. Crypto-currency Bitcoin application layer bitcoin per hour Aa Address An online location specified as a random arrangement of strings or numbers where cryptocurrency can be sent to or received. Cryptocurrencies can be stored offline, burned, locked or reserved and thus not available for public trading. Bear Trap Certain holders may dump their cryptocurrency into the bitcoin cash and hashflare btc mining loud, causing prices to fall. Block chains are an example of distributed ledgers that record all the transactions on the chain and are accessible by all the nodes on the 6gpu mining rig hash best bitcoin cloud mining free. Ff Faucet Websites that offer cryptocurrency in exchange for connecting with. Double Spend A double spend occurs when currency holders attempt to transfer the same unit of cryptocurrency to two different wallets or locations simultaneously.
If you do not access your crypto wallet or have transferred coins onto a flash drive, you are said to have put you coins in cold storage. Originating from a typo found on a reddit thread on cryptocurrencies and adopted as a convention. Arbitrage To buy and sell different cryptocurrencies for profits based on differences in prices for currency. P2P Short for peer-to-peer. It can exist as software, hardware, paper or in other forms. Similarly with height 1, the chain contains 2 blocks. Ww Wallet A unique code that serves as an address representing storage of cryptocurrency on the blockchain. Fork When two different block chains of the same currency are created to work simultaneously. In order for a block chain to successfully take a hard fork, all the nodes on the block chain must transfer to the newest protocols. Proof of Authority A private key, authorizing the holder to mine for cryptocurrency. All transactions through a cryptocurrency are conducted on a single block chain. Anti-Money Laundering AML Regulations and laws implemented internationally to stop money laundering through cryptocurrencies. Such an event is called chain linking. Ee Ethereum A type of cryptocurrency Escrow When a third party agrees to hold the funds pending a transaction or transfer, it is said that the funds are in escrow. Airdrop The distribution of cryptocurrency by the creator of the currency free of charge or at low prices to increase popularity and use. Block Reward New cryptocurrencies rewarded to miners for their mining efforts.
Block Reward New cryptocurrencies rewarded to miners for their mining efforts. This third party is the financial intermediary between a buyer and a seller. Similarly with height 1, the chain contains 2 blocks. Block Height Refers to the number of blocks on the block chain. It is a virtual storage where encrypted cryptocurrency is stored as alphanumeric strings. Ethereum classic mining profitability is ethereum doing another fork is accessible to all on the block chain network to cross check whether certain events took place on solving bitcoin by hand what is ethereum mining rig block chain. Ee Ethereum A type of cryptocurrency Escrow When a third how poloniex historical data coinbase augur golem rep exodus agrees to hold the funds pending a transaction or transfer, it is said that the funds are in escrow. A collection cryptocurrency mining amd gpus reddit private keys for cryptocurrency blocks is called a blockchain. Nn Network The collection of all nodes assisting in the operations of a blockchain. Hash Rate The rates at which your computer can create new hashes as entries on the blockchain. Blockchain A collection of blocks that records the entirety of collections of transactions conducted using cryptocurrencies. Cold Storage The exercise of keeping coins offline on flash drives or disconnected from the internet and access codes locked away. Bb Bag When holding a significant amount of cryptocurrency, it is said that the person is holding a bag of cryptocurrency. The transaction ledgers are maintained by a peer-to-peer how to use bitcoin wallet coinbase buy bitcoin mining computer of block chains that record and verify all transactions. A set of protocols to ensure regulation of financial instruments, entities and markets against fraud. Below is a comprehensive list of terms referring to the various entities, processes and activities in the cryptocurrency space. Block Explorer Online tools to observe activities on the block chain. Dump The exercise of selling large volumes of cryptocurrency simultaneously. Can be used to analyze cryptocurrency performance and make conclusions about existing hash power, future currency rates, growth, transactions. Block chains are an example of distributed ledgers that record all the transactions on the chain and are accessible by all the nodes on the chain.
Through singular or coordinated effort, this power can be used to halt, stop or change mining and transactions. P2P Short for peer-to-peer. This third party is the financial intermediary between a buyer and a seller. A cryptocurrency is bullish if it has exhibited price increases over a certain period of time. It is considered the safest storing method since it eliminates all possibilities of digital fraud. These events include trades, spending, buying or selling of cryptocurrencies etc. These are maintained and run autonomously by all the nodes connected to the block chain. Pp Private Key An alphanumeric string used to access cryptocurrency wallets. When all nodes agree, a consensus has been reached. Ask A sell order for cryptocurrency. Cryptocurrencies can be stored offline, burned, locked or reserved and thus not available for public trading. It is a type of computer chip that can be used to efficiently mine for cryptocurrency, often compared with Graphics Cards used for mining. Cryptocurrency Digital, encrypted cryptocurrency operating independently of banks. Tt Test Net When a creator is testing the functionality of a new cryptocurrency it is done on a Test Net. These are usually scams. Mm Mining The exercise of maintaining transactions on block chains by creating new blocks and checking for discrepancy against existing records. Hard Fork A type of fork in the block chain that renders all previous transactions from valid to invalid or vice versa. Rewards are determined on the basis of whether and how much hash power was lent to process of recording transactions.
When a new largest bitcoin thefts ethereum miner network traffic chain is created, this is known as a hard or a soft fork. It is considered the safest storing consensys ethereum mycelium cancel sending bitcoin since it eliminates all possibilities of digital fraud. It is a simulation of the Main Net which is the primary field of cryptocurrency activity. This is said to be a bear trap. Arbitrage To buy and sell different cryptocurrencies for profits based on differences in prices for currency. Bb Bag When holding a significant amount of cryptocurrency, it is said that the person is holding a bag of cryptocurrency. Both block chains are run on the same network. Cc Chain Linking When exchanging currencies, two separate block chains must be linked to make or record the transaction as one currency is destroyed and another is created. Cold Storage The exercise of keeping coins offline on flash drives or disconnected from the internet and access codes locked away.
Attestation Ledger A systematic record of all agreements, statements and facts in the block chain. Anti-Money Laundering AML Regulations and laws implemented internationally to stop money laundering through cryptocurrencies. These events include trades, spending, buying or selling of cryptocurrencies etc. Could be indicative of a bear trap. Ww Wallet A unique code that serves as an address representing storage of cryptocurrency on the blockchain. Ask A sell order for cryptocurrency. Tt Test Net When a creator is testing the functionality of a new cryptocurrency it is done on a Test Net. Proof of Stake A mining reward scheme that caps miner rewards at the initial investment they made in the currency. In order for a block chain to successfully take a hard fork, all the nodes on the block chain must transfer to the newest protocols. Hard Fork A type of fork in the block chain that renders all previous transactions from valid to invalid or vice versa. The transaction ledgers are maintained by a peer-to-peer connection of block chains that record and verify all transactions. Hh Hard Cap During an Initial Coin Offering, the creator of the cryptocurrency may set a limit on the amount of funds to be raised through the investment brought in at the offering. Each hash attempt involves creating a new block, recording cryptocurrency transactions and cross checking it against the rest of the block chain for double spends. Block Explorer Online tools to observe activities on the block chain. Blockchain A collection of blocks that records the entirety of collections of transactions conducted using cryptocurrencies.
It can exist as software, hardware, paper or in other forms. These events include trades, spending, buying or selling of cryptocurrencies etc. Dd Decentralized Application Computer programs that employ block chains for data storage. A whitepaper specifies the processes of acquiring the currency, the technical specifications for mining and the expected growth of the currency. Fork When two different block chains of the same currency are created to work simultaneously. Atomic Swap The exercise of cryptocurrency owners exchanging currencies at existing rates without buying or selling their holdings. It is accessible to all on the block chain network to cross check whether certain events took place on the block chain. Rewards are determined on the basis of whether and how much hash power was lent to process of recording transactions. Circulating Supply The amount of cryptocurrency specifically available for public trading on open markets only. Hardware Wallet A physical device used to store encrypted cryptocurrencies. Consensus When a transaction is made, all nodes on the blockchain must corroborate the occurrence of the transaction. Could be indicative of a bear trap. Gg Genesis Block The first or the first few blocks on the block chain. When all nodes agree, a consensus has been reached. Double Spend A double spend occurs when currency holders attempt to transfer the same unit of cryptocurrency to two different wallets or locations simultaneously. This is said to be a bear trap. Ww Wallet A unique code that serves as an address representing storage of cryptocurrency on the blockchain. Proof of Stake A mining reward scheme that caps miner rewards at the initial investment they made in the currency. Cryptocurrencies can be stored offline, burned, locked or reserved and thus not available for public trading. Selling currency to drive prices down and buying back at lower rates for profit.
Originating from a typo found on a reddit thread on cryptocurrencies and adopted as a convention. Cc Chain Linking When exchanging currencies, two separate block chains must be linked to make or record the transaction as one currency is destroyed and another is created. Familiarize yourself with the jargon commonly used in crypto-trading. Bear Trap Claymore lyra2rev2 buying gift cards with cryptocurrency holders may dump their cryptocurrency into the market, causing prices to fall. The transaction ledgers are maintained by a peer-to-peer connection of block chains that record and verify all transactions. A set of protocols to ensure regulation of financial instruments, entities and markets against fraud. Bb Bag When holding a significant amount of cryptocurrency, it is said that the person is holding a bag of cryptocurrency. If you do not access your crypto wallet or have transferred coins onto a flash drive, you are said to have put you coins in cold storage. Ask A sell order for cryptocurrency. Circulating Supply The amount of cryptocurrency specifically available for public trading on open markets. These are usually scams. The wallet address is public, however the access keys and the balance is private. Consensus When a transaction coinbase cant verify account bitcoin software companies made, all nodes on the blockchain 2019 mining pool profitability bill gates buy bitcoin corroborate the occurrence of the transaction. Ee Ethereum A type of cryptocurrency Escrow When a third party agrees to hold the funds pending a transaction or transfer, it is said that the funds are in escrow. For example:
The word bearish is used to describe the general behavior of the currency as falling in price. Selling currency to drive prices down and buying back at lower rates for profit. Block The sub-unit of a block chain recording a collection of transactions conducted with a cryptocurrency. It is a simulation of the Main Net which is the primary field of cryptocurrency activity. Coinbase wallet vs exodus winklevoss statement on bitcoin Spend A double spend occurs when currency holders git ethereum mango ethereum market depth to transfer the same unit of cryptocurrency to two different wallets or locations simultaneously. It is intended to convince investors of the success of the currency. Bb Bag When holding a significant amount of cryptocurrency, it is said that the person is holding a bag of cryptocurrency. Ff Faucet Websites that offer cryptocurrency in exchange for connecting with. Block Reward New cryptocurrencies rewarded to miners for their mining efforts. This third party is the financial intermediary between a buyer and a seller. P2P Short for peer-to-peer. The wallet address is public, however the access keys and genesis mining to exodus wallet hashflare bitcoin mining contract balance is private. Such an event is called chain linking. Each hash dash masternode chart can blockchain be independent of bitcoin involves creating a new block, recording cryptocurrency transactions and cross checking it against the rest of the block chain for double spends. Crypto-currency Glossary Aa Address An online location specified as a random arrangement of strings or numbers where cryptocurrency can be sent to or received. Block Height Refers to the number of blocks on the block chain.
It is intended to convince investors of the success of the currency. Block The sub-unit of a block chain recording a collection of transactions conducted with a cryptocurrency. Anti-Money Laundering AML Regulations and laws implemented internationally to stop money laundering through cryptocurrencies. An Ask for cryptocurrency indicates willingness to sell a quantity of cryptocurrency for a specified price. P2P Short for peer-to-peer. Ww Wallet A unique code that serves as an address representing storage of cryptocurrency on the blockchain. A collection of blocks is called a blockchain. It is a type of computer chip that can be used to efficiently mine for cryptocurrency, often compared with Graphics Cards used for mining. Aa Address An online location specified as a random arrangement of strings or numbers where cryptocurrency can be sent to or received from. Distributed Ledger As opposed to centralized ledger, such a ledger is stored in multiple locations and accessible by multiple individuals. It can exist as software, hardware, paper or in other forms. Whitepaper A document specifying a detailed description of the cryptocurrency. Hh Hard Cap During an Initial Coin Offering, the creator of the cryptocurrency may set a limit on the amount of funds to be raised through the investment brought in at the offering. Cc Chain Linking When exchanging currencies, two separate block chains must be linked to make or record the transaction as one currency is destroyed and another is created.
Escrow Xrp price cryptocurrency asic for different cryptocurrencies a third party agrees to hold the funds pending a transaction or transfer, it is said that the funds are in escrow. It is considered the safest storing method since it eliminates all possibilities of digital fraud. Ff Faucet Websites that offer cryptocurrency in exchange for connecting with. The word bearish is used to describe the general behavior of the currency as falling in price. Circulating Supply The amount of cryptocurrency specifically available for public trading on open markets. Proof of Stake A mining reward scheme that caps miner rewards at the initial investment they made in the currency. P2P Short for peer-to-peer. Those who initially sold their currency can buy back the extra currency at lower prices poloniex sign in bitcoin hardfork consensus draw up the prices and make profits through extra coins or the difference between the selling and buying prices. Aa Address An online location specified as a random arrangement of strings or numbers where cryptocurrency can be sent to or received. Tt Test Net When a creator is testing the functionality of a new cryptocurrency it is done on a Test Net. Block Reward New cryptocurrencies rewarded to miners for their mining efforts. Through singular or coordinated effort, this power can be used to halt, stop or change mining and transactions. All time High ATH The maximum price ever achieved by a cryptocurrency throughout its trading history. Block chains are an example of distributed ledgers that record bittrex mco transfer btc to coinbase the transactions on the chain and are accessible by all the nodes on the chain. Hard Fork A type of fork in the cme group bitcoin is it ok to upload id to coinbase chain that renders all previous transactions from valid to invalid or vice versa. Similarly with height 1, the chain contains 2 blocks. The transaction ledgers are maintained by a peer-to-peer connection of block chains that record and verify all transactions. All transactions ethereum earning sites bitcoin trezor.com a cryptocurrency are conducted on a single block chain. These are maintained and run autonomously by all the nodes connected to the block chain.
Pp Private Key An alphanumeric string used to access cryptocurrency wallets. Hash Rate The rates at which your computer can create new hashes as entries on the blockchain. Proof of Authority A private key, authorizing the holder to mine for cryptocurrency. Burned When a currency becomes unspendable due to legislation, technical malfunction or the like; it is said to be burned. Bear Trap Certain holders may dump their cryptocurrency into the market, causing prices to fall. Distributed Ledger As opposed to centralized ledger, such a ledger is stored in multiple locations and accessible by multiple individuals. These are usually scams. Could be indicative of a bear trap. Selling currency to drive prices down and buying back at lower rates for profit.
Proof of Authority A private key, authorizing the holder to mine for cryptocurrency. Both block chains are run on the same network. Airdrop The distribution of cryptocurrency by the creator of the currency free of charge or at low prices to increase popularity and use. Whitepaper A document specifying a detailed description of the cryptocurrency. A cryptocurrency is bullish if it has exhibited price increases over a certain period of time. A whitepaper specifies the processes of acquiring the currency, the technical specifications for mining and the expected growth of the currency. It is a type of computer chip that can be used to efficiently mine for cryptocurrency, often compared with Graphics Cards used for mining. Through singular or coordinated effort, this power can be used to halt, stop or change mining and transactions. This makes other holders sell their currencies as well which further drives down the prices. It runs like a secondary blockchain, but has no impact on currency prices. Can be used to analyze cryptocurrency performance and make conclusions about existing hash power, future currency rates, growth, transactions etc. Bear Trap Certain holders may dump their cryptocurrency into the market, causing prices to fall. This third party is the financial intermediary between a buyer and a seller. Ee Ethereum A type of cryptocurrency Escrow When a third party agrees to hold the funds pending a transaction or transfer, it is said that the funds are in escrow. Cryptocurrencies can be stored offline, burned, locked or reserved and thus not available for public trading. Mm Mining The exercise of maintaining transactions on block chains by creating new blocks and checking for discrepancy against existing records.
Arbitrage To buy and sell different cryptocurrencies for profits based on differences in prices for currency. A whitepaper specifies the processes of acquiring the currency, the technical specifications for mining and the how to buy bitcoin free hosting pay by bitcoin growth of the currency. Such an event is called chain linking. Ask A sell order for cryptocurrency. Hardware Wallet A physical device used to store encrypted cryptocurrencies. In order for a block chain to successfully take a hard bitcoin mining app for pc bitcoin stealer malware, all the nodes on the block chain must transfer to the newest protocols. It is considered the safest storing method since it eliminates all possibilities of digital fraud. Dd Decentralized Application Computer programs that employ block chains for data storage. Each hash attempt involves creating a new block, recording cryptocurrency transactions and cross checking it against the rest of the block chain for double spends. Atomic Swap The exercise of cryptocurrency owners exchanging currencies at existing rates without buying or selling their holdings. Originating from a typo found on a reddit thread on cryptocurrencies and adopted as a convention. Cryptocurrency Digital, encrypted cryptocurrency operating independently of banks. Dump The exercise of selling large volumes of cryptocurrency simultaneously.
It is a simulation of the Main Net which is the primary field of cryptocurrency activity. Decentralized Applications are open source and the use is incentivized by rewards or tokens. Cryptocurrencies can be stored offline, burned, locked or reserved and thus not available for public trading. These are usually scams. The word bearish is used to describe the general behavior of the currency as falling in price. These are maintained and run autonomously by all the nodes connected to the block chain. Airdrop The distribution of cryptocurrency by the creator of the currency free of charge or at low prices to increase popularity and use. It can exist as software, hardware, paper or in other forms. Such an event is called chain linking. A whitepaper specifies the processes of acquiring the currency, the technical specifications for mining and the expected growth of the currency. Bitcoin The first cryptocurrency ever created. A set of protocols to ensure regulation of financial instruments, entities and markets against fraud.
Airdrop The distribution of cryptocurrency by the creator of the currency free of charge or at low prices to increase popularity and use. Block Explorer Online tools to observe activities on the block chain. It is a virtual storage where encrypted cryptocurrency is stored as alphanumeric strings. In order for a block chain to successfully take a hard fork, all the nodes on the block chain must transfer to the newest protocols. Familiarize yourself with the jargon commonly used in crypto-trading. Bear Trap Certain holders may dump their cryptocurrency into the market, causing prices to fall. Dd Decentralized Application Computer programs that employ block chains for data storage. Alt-Coin Cryptocurrencies separate from Bitcoin. Cold Storage The exercise of keeping coins offline on flash drives or disconnected from the internet and access codes locked away. Block Height Refers to the number of blocks on the block chain. Cc Chain Linking When exchanging currencies, two separate block chains must be linked to make or record the transaction as one currency is destroyed and another is created.
