Hash
By CoinGecko | Updated on Mar 03, 2020
Term used to refer to ‘summary functions or hash functions’. Technically a hash function is an output code (unique and alphanumeric) that we obtain from an input string, which allows us to know if the original string has been altered. It is produced from algorithm and ensure the input in encrypted.
Related Terms
Non-custodial
It is a decentralized type-of-wallet, where the users owns its private keys.
Futures
An agreement between two counterparties that obligates them to transact in the future based on the contract terms set.
Mainnet
It is the main network of Bitcoin, where the transactions of this cryptocurrency are registered and take place.
Decentralized Finance (DeFi)
Decentralized Finance (DeFi) refers to the movement of building decentralized financial applications that have no central authority and is censorship free.
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