BUIDL
By Cryptomcmillan1 | Updated on May 24, 2020
An extension to the term "hodl" that originated in December 2013 in Bitcoin forums, buidl is also misspelled on purpose from the word "build".
Generally used within cryptocurrency communities to indicate that work is being done to better the cryptocurrency space through new products and innovations.
Related Terms
Lightning Network
It is the "second layer" or an off-chain of payment protocol that operates on top of a blockchain. Payments on this network do not need block confirmation and it will be instant.
Impermanent Loss
Temporary loss of funds due to volatility leading to divergence in price between token pairs provided by liquidity providers.
Stablecoin
Cryptocurrency with a price peg to fiat currencies or commodity.
Turing-Complete
A "turing complete" code or blockchain refers to the ability to read program-written codes.
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