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
Centralized
An organization structure wherein a small handful of actors have control over the entire network.
Proof-of-Authority (PoA)
A consensus algorithm that asigns block validation queue based on identity and reputation.
Proof of Work (PoW)
A consensus algorithm in which a block is validated via mathematical hashing
All-Time-High (ATH)
The highest point (in price, in market capitalization) that a cryptocurrency has been in history.
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