Cryptocurrency
By CoinGecko | Updated on Mar 03, 2020
A form of digital currency that utilizes cryptographic protocols to record ownership, prevent counterfeit (when ownership and transaction gets logged onto the blockchain). Bitcoin is one of the most successful examples which combines peer-to-peer networking, cryptography and incentivization by design to create a cryptocurrency.
Related Terms
Multisignal (multi-signature)
They are wallets that require more than one key for transactions to be authorized.
Turing-Complete
A "turing complete" code or blockchain refers to the ability to read program-written codes.
Interoperability
Interoperability refers to the property of product/systems that are able to work with products/systems that are different without any restrictions.
Degen
Cryptotrading without Due Diligence and research - basically gambling
Hungry for more knowledge?
Back to Glossary or Subscribe to our newsletter.