 |  |
| PROOF OF STAKE | 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. |
| EXCHANGE RATE | a private key is a string of data that allows you to access the tokens in a specific wallet. they act as passwords that are kept hidden from anyone but the owner of the address. |
| LIQUIDITY | a transaction is a file that says, “bob gives x bitcoin to alice“ and is signed by bob‘s private key. after signed, a transaction is broadcasted in the network, sent from one peer to every other peer. the transaction is known almost immediately by the whole network. but only after a specific amount of time it gets confirmed. as long as a transaction is unconfirmed, it is pending and can be forged. when a transaction is confirmed, it is set in stone. |
| BITCOIN TRANSACTION | bip148 is a user activated soft fork (uasf) that was designed to cause the existing segwit masf deployment to cause activation in all existing segwit capable node software (which currently is 80% of the network nodes) |
| BIP148 | 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. |
| CENTRAL LEDGER | a consensus distribution algorithm that rewards earnings based on the number of coins you own or hold. the more you invest in the coin, the more you gain by mining with this protocol. |
| DOUBLE SPENDING | a softfork is a change to the bitcoin protocol wherein only previously valid blocks/transactions are made invalid. since old nodes will recognize the new blocks as valid, a softfork is backward-compatible. this kind of fork requires only a majority of the miners upgrading to enforce the new rules |
| SOFTFORK | a ledger maintained by a central agency. |
| MARGIN CALL | a common flaw in some cryptocurrency blockchains where the system of rules is not in motion properly, allowing malicious users to try and spend their unique codes in multiple places. this causes coins spent that are already spent somewhere else, making one of the receivers end up with nothing. |
| PRIVATE KEY | the ability to buy and sell an asset easily, with pricing that stays roughly similar between trades. a suitably large community of buyers and sellers is important for liquidity. the result of an illiquid market is price volatility, and the inability to easily determine the value of an asset. |
| |  |
| PROOF OF STAKE | a consensus distribution algorithm that rewards earnings based on the number of coins you own or hold. the more you invest in the coin, the more you gain by mining with this protocol. |
| 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. |
| LIQUIDITY | the ability to buy and sell an asset easily, with pricing that stays roughly similar between trades. a suitably large community of buyers and sellers is important for liquidity. the result of an illiquid market is price volatility, and the inability to easily determine the value of an asset. |
| BITCOIN TRANSACTION | a transaction is a file that says, “bob gives x bitcoin to alice“ and is signed by bob‘s private key. after signed, a transaction is broadcasted in the network, sent from one peer to every other peer. the transaction is known almost immediately by the whole network. but only after a specific amount of time it gets confirmed. as long as a transaction is unconfirmed, it is pending and can be forged. when a transaction is confirmed, it is set in stone. |
| BIP148 | bip148 is a user activated soft fork (uasf) that was designed to cause the existing segwit masf deployment to cause activation in all existing segwit capable node software (which currently is 80% of the network nodes) |
| CENTRAL LEDGER | a ledger maintained by a central agency. |
| DOUBLE SPENDING | a common flaw in some cryptocurrency blockchains where the system of rules is not in motion properly, allowing malicious users to try and spend their unique codes in multiple places. this causes coins spent that are already spent somewhere else, making one of the receivers end up with nothing. |
| SOFTFORK | a softfork is a change to the bitcoin protocol wherein only previously valid blocks/transactions are made invalid. since old nodes will recognize the new blocks as valid, a softfork is backward-compatible. this kind of fork requires only a majority of the miners upgrading to enforce the new rules |
| 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. |
| PRIVATE KEY | a private key is a string of data that allows you to access the tokens in a specific wallet. they act as passwords that are kept hidden from anyone but the owner of the address. |
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