Crypto Bubble
By Cryptomcmillan1 | Updated on May 24, 2020
It is a speculation in the cryptocurrencies and the price of cryptocurrencies would go extremely high before the bubble bursts. Cryptocurrencies had its first bubble in 2017 where ther was an Initial Coin Offering (ICO) boom. It bursted from its all time high (ATH) on 16 Dec 2017.
Related Terms
Ledger
A record of financial transactions that cannot be changed, only appended with new transactions.
MicroBitcoin (uBTC)
One millionth of a bitcoin or 0.000001 of a bitcoin. Microbitcoin is the abbreviation of uBTC and often misunderstood as the fork of Bitcoin.
Solidity
Object oriented programming languaged used in various smart contract blockchains.
Nonce
Abbreviation for ‘number only used once’ It is of vital importance next to the hash in the verification of data from the Bitcoin blockchain network.
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