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Cryptocurrency and Blockchain Dictionary

A complete list of crypto definitions

Cryptocurrency and blockchain glossary

Commonly used terms in the world of blockchain and cryptocurrency

Terms commonly used in the world of blockchain and cryptocurrency

Block explorer

A block explorer is an online service to track blockchain transactions. It usually is a website where you can see all the new blocks that are being created. You can also search for transactions and wallet addresses. The best-known block explorers are blockchain.info for Bitcoin and etherscan.io for Ethereum.

Other Important Terms

Activity

A certain procedure in which you need to participate in order to receive projects at an early stage (subscribe to social networks, fill out the form/glimas, participate in the twist, raise the node, participate in the Ambassador program, come to the shade, participate in the lottery on the tokensele)

Blockchain

Blockchain is most simply defined as a decentralized, distributed ledger technology that records the provenance of a digital asset.

Long

This is a transaction that is carried out in order to earn money to increase the cost of a cryptocurrency asset. The algorithm of actions is as follows: 1) The trader believes that the price for token x will begin to grow in the near future, so he buys a certain number of these tokens on the exchange 2) then patiently waits until the price for token x grows to a certain mark 3) As soon as this happens, the trader sells tokens x at a higher price Profit: The difference between the price of the sale and the purchase price.

Node

A computer (server) connected to a blockchain and performing the functions of confirming transactions, creating blocks and storing copies of blockchain. In order for the computer (server) to become a node, it is necessary to install special software.

Wall

A huge order for a purchase or sale that can stop, respectively, a growth or fall in the course. It happens that the walls are the manipulation of whales to confuse hamsters.      

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