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| SOLIDITY | concept states that a person can mine or validate block transactions according to how many coins he or she holds. this means that the more bitcoin or altcoin owned by a miner, the more mining power he or she has. |
| QR CODE | normally, money issued by the government, such as the dollar, will have a fluid exchange rate based on the country it is spent in. cryptocurrency does not have this issue as it is digital. however, the exchange rate is based on two things; how it compares to a traditional currency, or how it stacks up against another type of cryptocurrency. |
| EVM | solidity is ethereum’s programming language for developing smart contracts. its syntax is similar to that of javascript, and it is intended to compile into bytecode for the ethereum virtual machine(evm) |
| SEGWIT2X | peer to peer (p2p) refers to the decentralized interactions between two parties or more in a highly-interconnected network. participants of a p2p network deal directly with each other through a single mediation point. |
| DIFFICULTY | the ethereum virtual machine (evm) is a turing complete virtual machine that allows anyone to execute arbitrary evm byte code. every ethereum node runs on the evm to maintain consensus across the blockchain. |
| EXCHANGE RATE | a digital representation of a bitcoin public or private key that is easy to scan by digital cameras. qr codes are similar to barcodes found on physical products in that they are a machine-friendly way to embody a piece of data |
| PEER TO PEER | this refers to how easily a data block of transaction information can be mined successfully. |
| PROOF- OF- STAKE (POS) | a blockchain where the consensus process is controlled by a pre-selected set of nodes; for example, a consortium of 15 financial institutions. |
| CONSORTIUM BLOCKCHAIN | also knows as the 'the new york agreement' is proposed as a way to end bitcoin’s ‘scaling debate’ and was said to be a compromise between the two sides of the debate — those who want to achieve scaling through segregated witness (segwit) and those who prefer to scale by increasing the block size. it consists of two sequential phases — to activate segwit using bip 91 (making it compatible with the uasf) and then to hard fork the base block size to 2 mb ninety days later. |
| PUMP AND DUMP | inflating the value of a financial asset that has been produced or acquired cheaply, using aggressive publicity and often misleading statements. the publicity causes others to acquire the asset, forcing up its value. when the value is high enough, the perpetrator sells their assets, cashing in and flooding the market, which causes the value to crash. |
| |  |
| SOLIDITY | solidity is ethereum’s programming language for developing smart contracts. its syntax is similar to that of javascript, and it is intended to compile into bytecode for the ethereum virtual machine(evm) |
| QR CODE | a digital representation of a bitcoin public or private key that is easy to scan by digital cameras. qr codes are similar to barcodes found on physical products in that they are a machine-friendly way to embody a piece of data |
| EVM | the ethereum virtual machine (evm) is a turing complete virtual machine that allows anyone to execute arbitrary evm byte code. every ethereum node runs on the evm to maintain consensus across the blockchain. |
| SEGWIT2X | also knows as the 'the new york agreement' is proposed as a way to end bitcoin’s ‘scaling debate’ and was said to be a compromise between the two sides of the debate — those who want to achieve scaling through segregated witness (segwit) and those who prefer to scale by increasing the block size. it consists of two sequential phases — to activate segwit using bip 91 (making it compatible with the uasf) and then to hard fork the base block size to 2 mb ninety days later. |
| DIFFICULTY | this refers to how easily a data block of transaction information can be mined successfully. |
| EXCHANGE RATE | normally, money issued by the government, such as the dollar, will have a fluid exchange rate based on the country it is spent in. cryptocurrency does not have this issue as it is digital. however, the exchange rate is based on two things; how it compares to a traditional currency, or how it stacks up against another type of cryptocurrency. |
| PEER TO PEER | peer to peer (p2p) refers to the decentralized interactions between two parties or more in a highly-interconnected network. participants of a p2p network deal directly with each other through a single mediation point. |
| PROOF- OF- STAKE (POS) | concept states that a person can mine or validate block transactions according to how many coins he or she holds. this means that the more bitcoin or altcoin owned by a miner, the more mining power he or she has. |
| CONSORTIUM BLOCKCHAIN | a blockchain where the consensus process is controlled by a pre-selected set of nodes; for example, a consortium of 15 financial institutions. |
| PUMP AND DUMP | inflating the value of a financial asset that has been produced or acquired cheaply, using aggressive publicity and often misleading statements. the publicity causes others to acquire the asset, forcing up its value. when the value is high enough, the perpetrator sells their assets, cashing in and flooding the market, which causes the value to crash. |
