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| ETHEREUM CLASSIC | a soft fork differs from a hard fork in that only previously valid transactions are made invalid. since old nodes recognize the new blocks as valid, a soft fork is essentially backward-compatible. this type of fork requires most miners upgrading in order to enforce, while a hard fork requires all nodes to agree on the new version. |
| ETHER | a collection of transactions gathered into a block that can then be hashed and added to the blockchain. |
| SOFT FORK | 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. |
| ALTCOINS | the mysterious creator of bitcoin. is a person or group of people who created the bitcoin protocol and reference software, bitcoin core (formerly known as bitcoin-qt). in 2008, nakamoto published a paper on the cryptography mailing list at metzdowd.com describing the bitcoin digital currency. in 2009, they released the first bitcoin software that launched the network and the first units of the bitcoin cryptocurrency, called bitcoins. |
| TRANSACTION BLOCK | is the native token of the ethereum blockchain which is used to pay for transaction fees, miner rewards and other services on the network. |
| PRIVATE KEY | a blockchain is a shared ledger where transactions are permanently recorded by appending blocks. the blockchain serves as a historical record of all transactions that ever occurred, from the genesis block to the latest block, hence the name blockchain. |
| MARGIN CALL | a name coined as the merger of the words bitcoin and alternative. these concern all coins that came after the initial release of the famous bitcoin, the first decentralized cryptocurrency |
| SATOSHI NAKAMOTO | 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. |
| BLOCKCHAIN | the practice of sharing the source code for a piece of computer software, allowing it to be distributed and altered by anyone. |
| OPEN SOURCE | a split from an existing cryptocurrency, ethereum after a hard fork. |
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| ETHEREUM CLASSIC | a split from an existing cryptocurrency, ethereum after a hard fork. |
| ETHER | is the native token of the ethereum blockchain which is used to pay for transaction fees, miner rewards and other services on the network. |
| SOFT FORK | a soft fork differs from a hard fork in that only previously valid transactions are made invalid. since old nodes recognize the new blocks as valid, a soft fork is essentially backward-compatible. this type of fork requires most miners upgrading in order to enforce, while a hard fork requires all nodes to agree on the new version. |
| ALTCOINS | a name coined as the merger of the words bitcoin and alternative. these concern all coins that came after the initial release of the famous bitcoin, the first decentralized cryptocurrency |
| TRANSACTION BLOCK | a collection of transactions gathered into a block that can then be hashed and added to the blockchain. |
| 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. |
| 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. |
| SATOSHI NAKAMOTO | the mysterious creator of bitcoin. is a person or group of people who created the bitcoin protocol and reference software, bitcoin core (formerly known as bitcoin-qt). in 2008, nakamoto published a paper on the cryptography mailing list at metzdowd.com describing the bitcoin digital currency. in 2009, they released the first bitcoin software that launched the network and the first units of the bitcoin cryptocurrency, called bitcoins. |
| BLOCKCHAIN | a blockchain is a shared ledger where transactions are permanently recorded by appending blocks. the blockchain serves as a historical record of all transactions that ever occurred, from the genesis block to the latest block, hence the name blockchain. |
| OPEN SOURCE | the practice of sharing the source code for a piece of computer software, allowing it to be distributed and altered by anyone. |
