Encryption
By Cryptomcmillan1 | Updated on May 24, 2020
Encryption is a process of encoding information the original form of information called plaintext via an algorithm called cipher. The encrypted message is now called ciphertext. Only authorized parties can decipher the ciphertext and convert back it to the original plaintext. It is the practise of secured communication.
Related Terms
Exchange Traded Fund (ETF)
An exchange-traded fund (ETF) is a form of security that tracks a collection of securites such as stocks, bonds, index or cryptocurrency but tradeable like a single stock.
Market Taker
Participant of the market who buys and sells from currently existing orders
Distributed Ledger Technology (DLT)
Describes the technology that enables distributed ledger.
Centralized
An organization structure wherein a small handful of actors have control over the entire network.
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