Application Programming Interface (API)
By Cryptomcmillan1 | Updated on May 24, 2020
It is a software that acts like an intermediary or a bridge that lets two applications talk to each other. It is the one that lets applications, data and devices interact. For example, the price you see at CoinGecko is the API that calls the data from our server and in return, it will response to you with the requested price.
Related Terms
Proof-of-Authority (PoA)
A consensus algorithm that asigns block validation queue based on identity and reputation.
Dump
A common term used to describe downward market movement, or to describe the action of selling an individuals holdings.
Crypto Bubble
It is a speculation in the cryptocurrencies and the price of cryptocurrencies would go extremely high before the bubble bursts.
Sell wall
Anomalously large sell order(s) at a single price point that reflects as a "wall" in the order book.
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