PUMP AND DUMP - TRANSACTION FEE - SCRYPT - BLOCK HEIGHT -

matthew.davis (49)in #bitcoin • 8 years ago


PUMP AND DUMP	when the value is high enough, the perpetrator sells their assets, cashing in and flooding the market, which causes the value to crash. the publicity causes others to acquire the asset, forcing up its value. inflating the value of a financial asset that has been produced or acquired cheaply, using aggressive publicity and often misleading statements. ^{Source + Source}
TRANSACTION FEE	a number that represents how many blocks are connected on the blockchain.^{Source + Source}
SCRYPT	the transaction fees add up to account for the block reward that a miner receives when he successfully processes a block. all cryptocurrency transactions involve a small transaction fee. ^{Source + Source}
BLOCK HEIGHT	compared to sha256, this is quicker as it does not use up as much processing time. scrypt is a type of cryptographic algorithm and is used by litecoin. ^{Source + Source}


PUMP AND DUMP	when the value is high enough, the perpetrator sells their assets, cashing in and flooding the market, which causes the value to crash. the publicity causes others to acquire the asset, forcing up its value. inflating the value of a financial asset that has been produced or acquired cheaply, using aggressive publicity and often misleading statements. ^{Source + Source}
TRANSACTION FEE	the transaction fees add up to account for the block reward that a miner receives when he successfully processes a block. all cryptocurrency transactions involve a small transaction fee. ^{Source + Source}
SCRYPT	compared to sha256, this is quicker as it does not use up as much processing time. scrypt is a type of cryptographic algorithm and is used by litecoin. ^{Source + Source}
BLOCK HEIGHT	a number that represents how many blocks are connected on the blockchain.^{Source + Source}

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