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RIPPLE | the act of calling in a margin requirement. an exchange will issue a margin call when it feels that a trader does not have sufficient funds to cover a leveraged trading position. |
MULTI-SIGNATURE | is any money declared by a government to be to be valid for meeting a financial obligation, like usd, eur or cny |
BITCOIN PROTOCOL | the open source, cryptographic protocol which operates on the bitcoin network, setting the “rules” for how the network runs. |
FIAT CURRENCY | acronym for “simplified payment verification”, this allows mobile clients to make payments without needing a copy of the entire blockchain |
HOT WALLET | a bitcoin wallet that has an active connection to the internet. these are used for “everyday” transactions and should never hold large amounts of bitcoin, since their connectivity reduces their security. |
ADDRESS | cryptocurrency addresses are used to send or receive transactions on the network. an address usually presents itself as a string of alphanumeric characters. |
PUBLIC/PRIVATE KEY | multi-signature addresses provide an added layer of security by requiring more than one key to authorize a transaction. |
MULTI SIGNATURE TRANSACTION | is a payment network built on distributed ledgers that can be used to transfer any currency. the network consists of payment nodes and gateways operated by authorities. payments are made using a series of ious, and the network is based on trust relationships. |
SPV | in cryptography a public key is a cryptographic key that can be utilized by any party to encrypt a message. another party can then receive the message and using a key that is only known to that individual or group, decode the message. |
MARGIN CALL | a bitcoin transaction which requires signatures from multiple parties to authorize the sending of bitcoins. this has the potential to improve consumer protection. |
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RIPPLE | is a payment network built on distributed ledgers that can be used to transfer any currency. the network consists of payment nodes and gateways operated by authorities. payments are made using a series of ious, and the network is based on trust relationships. |
MULTI-SIGNATURE | multi-signature addresses provide an added layer of security by requiring more than one key to authorize a transaction. |
BITCOIN PROTOCOL | the open source, cryptographic protocol which operates on the bitcoin network, setting the “rules” for how the network runs. |
FIAT CURRENCY | is any money declared by a government to be to be valid for meeting a financial obligation, like usd, eur or cny |
HOT WALLET | a bitcoin wallet that has an active connection to the internet. these are used for “everyday” transactions and should never hold large amounts of bitcoin, since their connectivity reduces their security. |
ADDRESS | cryptocurrency addresses are used to send or receive transactions on the network. an address usually presents itself as a string of alphanumeric characters. |
PUBLIC/PRIVATE KEY | in cryptography a public key is a cryptographic key that can be utilized by any party to encrypt a message. another party can then receive the message and using a key that is only known to that individual or group, decode the message. |
MULTI SIGNATURE TRANSACTION | a bitcoin transaction which requires signatures from multiple parties to authorize the sending of bitcoins. this has the potential to improve consumer protection. |
SPV | acronym for “simplified payment verification”, this allows mobile clients to make payments without needing a copy of the entire blockchain |
MARGIN CALL | the act of calling in a margin requirement. an exchange will issue a margin call when it feels that a trader does not have sufficient funds to cover a leveraged trading position. |