Moon
By Cryptomcmillan1 | Updated on May 24, 2020
"Moon" or "To the moon" is a crypto slang that describes an exclamation when the cryptocurrencies prices are rising and when it hit the peak, the coin is said to be "mooning".
Related Terms
Genesis Block
It is the first block of data that is processed and validated to form a new blockchain, typically called as 'block 0' or 'block 1'.
Proof of Work (PoW)
A consensus algorithm in which a block is validated via mathematical hashing
Burned Tokens
Tokens which have been sent to addresses whose private key are not known, effectively becoming unusable.
Dutch Auction
A Dutch Auction, also know as an "inverted" auction, starts off with high asking price that decays over time until a pre-determined floor price.
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