Buying margin grants investors more or larger acquisitions for the collateral amount.
The size of the mempool has significant effects on the average transaction verification time, considering the rise in the number of transactions translates to network congestion.
Miners typically prioritize transactions with the highest transaction fees paid.
The Metamask software can be accessed via a browser extension or a mobile app. Metamask is fully compatible with decentralized applications, thus users can create an influence on the blockchain via the use of metamask.
The Metaverse is seen as many things, primarily due to the futuristic technologies with interoperable frameworks people believe will reshape the internet.
The Metaverse currently, is simply a virtual world with a wide range of utilities. The Metaverse is primarily centered on networking, social connections are expected to turn a new leaf with these developments.
The Metaverse is accessible via virtual and augmented reality
Fintech emerged to solve some of the problems credit card companies and their fee system had. Via numerous technologies, with cryptocurrencies as a major example, the processability of micropayments for minor expenses has never been easier.
A Miner is typically someone running cryptocurrency mining software, sometimes referenced as a node operator.
Typically, mining involves verification transactions on a blockchain, and as with Bitcoin, the process includes solving a mathematical puzzle and arriving at a consensus via a proof-of-work(PoW) mechanism.
In simpler terms, mining difficulty shows how hard it is for miners to verify a Bitcoin block. This typically depends on various factors including the mempool size which causes network congestion, the hash rate of the entire blockchain miners or nodes, and more.
Fiat currencies are the most commonly used money, most globally adopted as a unit of account onto which things are priced in.
Money is expected to attract and retain value, this is why the often thrown characteristic of money is being a “store of value".
Mt. Gox declared bankruptcy in 2014 and has since been a case for the investors and cryptocurrency space. In 2021 a rehabilitation plan was reached as an agreement between creditors in the Tokyo district court.
Mt. Gox is Tokyo based exchange and has been subject to lawsuits since its abrupt closure of service. Speculation about the reimbursement of investors has sparked fears in the cryptocurrency space as individuals throw concerns of possible price decline as thousands of bitcoins are expected to flow into the markets.
A multi-signature or simply multisig is a set of digital signatures, typically, a multisig is formed with the combination of multiple unique signatures.
In cryptocurrency and blockchain, a node is a computer system that runs a specified blockchain software to participate in securing the network via the validation of transactions and the storing of block history, this is done through a process called mining.
A no-coiner is an individual that shows apathy for cryptocurrencies. Typically, a no-coiner believes cryptocurrencies have no value and so are liable or simply meant to fail.
A no-coiner in most cases spreads crypto FUD and so, can also be termed a FUDster, which is anyone that attempts to spread fear in the cryptocurrency space.
Typically, the private keys of a cryptocurrency wallet are generated and given to individuals with no third-party records of said keys, granting the individual full ownership of the wallet and the digital assets contained.
A non-fungible token(NFT) is a unique asset that lives on the blockchain. Typically, these tokens are not interchangeable or exchangeable in a way that fungible tokens or coins like bitcoin and ether can.
Not your keys, not your crypto is a saying used to describe an event of centralized crypto management.
Off-chain simply refers to activities done outside the blockchain.
Typically, all operations on the distributed ledger are called transactions, considering this, off-chain transactions don't exactly reflect on the network at present time and usually, come with no cost as miners are not needed to validate them.
Open source software is generally computer programs by which the developers grant users or individuals the rights to use, change, make adjustments, and redistribute the software to others for whatever purpose.
Note that this does not affect the original blockchain, the adjusted source code will result in a totally new network if a mainnet is launched, unless, the adjustment is a proposed development which will be posted as a bitcoin improvement proposal(BIP), and will be subject to miners voting on whether or not it should be added to the core software.
The blockchain typically accepts the chain with the longest verified blocks.
Considering this, when two miners simultaneously solve valid blocks, the network uses both blocks until one chain is longer than the other, miners will typically switch to the longer chain, leaving the other blocks in the shorter chain orphaned.
Considering this, P2P is mostly applied in trading practices in the cryptocurrency space, typically, P2P trading is a trading method that involves two users exchanging assets between themselves on a decentralized platform.
Though the term gets used a lot, most P2P platforms are not entirely decentralized as most just are designed to act as escrows, however, services like atomic swap are entirely peer-to-peer with the integration of smart contracts, the platform is unique in a number of ways.
A peg is typically a price target to which a cryptocurrency aims to sustain.
A peg value is mostly applied to stablecoins, whereas in contrast to floating price values of other volatile cryptocurrencies, a stablecoin aims to hold a peg of $1 or any other specified peg currency.
When we consider algorithm stablecoins(often decentralized), the process of sustaining a peg may differ from centralized stablecoins in which pegs are met with reserve currencies of the underlying asset (the peg currency), that is fiat currencies.
Polkadot (DOT) is an open-source cryptocurrency and blockchain that aims to bring to life the interoperability of blockchains via the integration of a secure platform where independent chains can interact, exchange data and perform transactions with each other.
Polkadot is decentralized, thus the process of cross-chain interoperability requires no third-party involvement.
A Ponzi scheme is designed to convince investors that the offered investment products are "risk off", whilst mostly paying early investors with the funds received from new investors until the scheme eventually comes to a closure.
The word "primarily" means the main, principal or first, thus, a primary market generally refers to the main market.
Applying this concept to the world of cryptocurrencies, a primary market refers to the principal exchange medium, where in most cases, only the participants of that network can access the products therein.
Coming to traditional finance where we embrace the likes of the capital market, a primary market herein is a part of the capital market whereas the issuance of securities is made to a select audience, directly from the issuer.
Products on a primary market are usually not available to everyone, however, this is where a secondary market comes in.
A private blockchain, as the name implies, is privately managed. Yes, some blockchains are private and centralized, however, does not take away the characteristics of a blockchain which the very fundamental is being "distributed and immutable"
A private key is a string of numbers or/and letters that serves as proof of ownership of a specified address.
The blockchain is a unique database, in order to render a message or transaction on the chain, one has to have access to a private key associated with the specified account or wallet address or public key to which the transaction is to be made.
Typically, the proof-of-activity system is a merge of both proof-of-work(PoW) and proof-of-stake(PoS) consensus algorithms, whereas mining begins following a PoW structure and then switches to a PoS when a new block is mined.
Proof-of-assignment(PoA) is a not-so-popular consensus algorithm, however, its infrastructures are unique and could be considered a game changer if practically functional.
The elimination of this aspect of mining or operating a node, proof-of-assignment allows for "micro mining" whereas devices compatible with the "internet of things (IoT)" perform simple tasks of finding the hash value.
Highly considered to be more fitting for private blockchains, the PoA consensus structure picks validators based on reputation and contrary to proof-of-stake(PoS) or proof-of-work(PoW), PoA leverages identity, not coins or computation power(hash rate).
The proof-of-staked-authority consensus is reliant on first, an often central authority as in the case of "Proof-of-authority" to assign reputable validators to the network. After this, coin holders can then vote in the validators to secure the network.
Typically, a specified number of validators get to verify transactions, using binance smart chain(BSC) as an example, 21 validators get to verify transactions, thus, the number "21" is what token holders will elect.
Basically, the validators assigned by a central authority, like Binance, may be more than 21, leaving the token holders to choose 21 suitable validators to secure the network.
The algorithm runs on a specified number of required stakes, whereas coupled with the fixed stake, a validator is chosen based on its ranking score - a typical weight of historical activities based on event validation practices and other nodes' experiences.
Miners on a proof-of-work blockchain are chosen to verify transactions based on the computational work done, this requires running heavy hardware to solve a mathematical puzzle or simply to find a target hash that meets the network's difficulty requirement.
A protocol is typically a set of languages, programs, or rules for data sourcing, formatting, and processing.
Basically, a network protocol enables connected computers to interact with each other. Given this, we can factor in a blockchain protocol, where nodes can communicate with each other, sharing data amongst themselves, ultimately making the ledger secure.
The public key is what the blockchain reads, it is further associated with the private key to ensure the availability of a UTXO(unspent transaction - coins) in that address and also if the transaction was signed with the appropriate key.
A pump and dump is a fraudulent activity in which a specified asset is publicized with misleading information, the spread of this sentiment is an attempt to create a hype big enough to increase the market value of the asset or assets.
Typically, the scheme operators usually have a pre-secured position on the asset, which they intend to sell off when the public buys into the hype.