Stablecoin
By CoinGecko | Updated on Mar 03, 2020
Stablecoins are designed to mimic commodity assets or fiat currency whilst exisiting as a cryptocurrency. Examples include gold-backed cryptocurrency or fiat-pegged cryptocurrency.
Related Terms
Hot Wallet
It is a tool that store your cryptocurrencies and always connected to internet
REKT
A shorthand slang for “wrecked”, typically describes bad trades that results in losses.
Mining
It is the process of the miners verify and adding transaction recors into a block.
Mining Pool
Combination of resources of several miners to obtain a higher mining power and thus achieve greater rewards for the opening of blocks.
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