Glossary
97 articles
Hot Wallet
Hot wallets are digital wallets that are actively connected to the internet. They are designed for easy access and quick transactions, making them convenient for users who frequently move or trade cryptocurrencies.
Qadir AK·10 Nov 20232 min
Halving
Bitcoin halving refers to the event where the reward for Bitcoin mining is reduced by half, occurring approximately every four years. This policy is incorporated into Bitcoin’s mining algorithm to combat inflation and uphold the digital currency’s scarcity.
Qadir AK·10 Nov 20232 min
Graphic Cards
The graphic card is used to solve crypto puzzles and validate transaction blocks in the cryptocurrency mining process.
Qadir AK·10 Nov 20232 min
Genesis Block
It is the very first block mined in a cryptocurrency network like Bitcoin. It marks the beginning of the blockchain which consists of a chain of blocks used to record transaction information on the network.
Qadir AK·10 Nov 20232 min
Gas Limit
The gas limit is the maximum computation allowed in a single blockchain block, controlling transaction costs and ensuring network stability.
Qadir AK·10 Nov 20232 min
Gas Fee
Gas fееs in thе Crypto arе transaction fееs rеquirеd to facilitatе and validatе various opеrations on thе nеtwork.
Qadir AK·10 Nov 20231 min
Future Contracts
Contract traded on crypto exchanges that specifies the purchase or sale of a digital asset at the desired price and time.
Qadir AK·10 Nov 20233 min
FUD
FUD Stands for Fear, Uncertainty, Doubt. It’s used to describe the spread of negative news or information in the cryptocurrency space.
Qadir AK·10 Nov 20232 min
Fork
Forking in cryptocurrency is when the community makes a significant change to the blockchain. Forks are initiated for various reasons like protocol upgrades, resolving disputes, or creating new features and functions.
Qadir AK·10 Nov 20232 min