Scrypt
By CoinGecko | Updated on Mar 03, 2020
In cryptography, scrypt (pronounced "ess crypto) is a an algoritm used in some proof-of-work cryptocurrencies. The algorithm was specifically designed to be computationally harder to mine by requiring large amounts of memory
Related Terms
Limit Order / Limit Buy / Limit Sell
Orders placed by traders to buy or sell a cryptocurrency when a certain price is reached
Moon
"Moon" or "To the moon" is a crypto slang that describes an exclamation when the cryptocurrencies prices are rising and when it hit the peak, the coin is said to be "mooning".
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.
Crowdsale
This type of auction has a fixed price per token that is sold on a first-come-first-serve basis.
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