Cryptocurrency
By CoinGecko | Updated on Mar 03, 2020
A form of digital currency that utilizes cryptographic protocols to record ownership, prevent counterfeit (when ownership and transaction gets logged onto the blockchain). Bitcoin is one of the most successful examples which combines peer-to-peer networking, cryptography and incentivization by design to create a cryptocurrency.
Related Terms
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.
Market Order / Market Buy / Market Sell
A market order is a buy or sell order of stocks or cryptocurrency at the best price available in the current market as soon as possible.
Multisignal (multi-signature)
They are wallets that require more than one key for transactions to be authorized.
Bitcoin Improvement Proposal (BIP)
Refers to improvement proposals for Bitcoin, used to introduce features or any updates on the Bitcoin network.
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