Proof-of-work (PoW) For transactions to be confirmed and added to the Blockchain ledger, there are varied approaches that are developed to complete this method.
Proof-of-stake (PoS) In PoS-based mostly cryptocurrencies, the creator of the following block is chosen via numerous combinations of random selection and wealth or age.
Proof of Importance (POI) This may be a vogue of proof pioneered by the coin NEM as a third different to PoW and PoS.
TA Shorthand for a technical analysis, or the analysis of coin values based on historical value movements and sophisticated indicators.
Node a laptop that's connected to the network of a specific cryptocurrency.
Mining Mining is the process of validating new transactions on a cryptocurrencies distributed ledger.
Moonshot This refers to a cryptocurrency shooting upwards dramatically.
Bear and Bull markets A bull market is refers to rising prices and optimistic sentiment that encourages shopping for. Bear markets are considered the alternative of bull markets, with downward worth trends and a pessimistic sentiment that encourages selling
Whale Refers to someone who holds a large quantity of cryptocurrency
HODL Refers to the passive investment strategy of ignoring market turbulence and anticipating long term returns.
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