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Glosario

Bag

If you have a large quantity of units in a certain cryptocurrency, you’d have a bag of them.

 

Source: https://www.finder.com/ph/cryptocurrency-glossary...

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Bear Trap

This is a trick played by a group of traders aimed at manipulating the price of a cryptocurrency. The bear trap is set by this group...

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Burned

When a coin in any particular cryptocurrency has been made unspendable.

 

Source: https://www.finder.com/ph/cryptocurrency-glossary...

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Buy Wall

When a large Limit order has been placed to buy when a cryptocurrency reaches a certain value, then that is a Buy Wall. This can...

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Chain linking

Each cryptocurrency has it's own blockchain. This is the proces that occurs if you transfer one cryptocurrency to another. This requires...

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Cipher

The algorithm that encrypts and decrypts information.

 

Source: https://www.finder.com/ph/cryptocurrency-glossary

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Confirmed

When a transaction has been approved by the network and permanently appended to the blockchain.

 

Source: https://www.finder.com/ph/cryptocurrency-glossary...

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Consensus Process

Refers to those Nodes that are responsible for maintaining the blockchain ledger so that a consensus can be reached when a transaction...

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Consortium blockchain

A privately owned and operated, yet publicly transparent, blockchain.

 

Source: https://www.finder.com/ph/cryptocurrency-glossary

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Cryptographic Hash Function

This process happens on a Node and involves converting an input – such as a transaction – into a fixed, encrypted alphanumeric string...

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