FIAT CURRENCY - TURING COMPLETE - LIQUIDITY - GENESIS BLOCK -

rssniper (49)in #cryptocurrency • 6 years ago


FIAT CURRENCY	refers to the 1st or first few blocks of a blockchain.^{Source + Source}
TURING COMPLETE	an example of this is the ethereum virtual machine (evm). the ability of a machine to perform calculations that any other programmable computer is capable of, is referred by turing complete refers to. ^{Source + Source}
LIQUIDITY	like usd, eur or cny, is any money declared by a government to be to be valid for meeting a financial obligation.^{Source + Source}
GENESIS BLOCK	the result of an illiquid market is price volatility, and the inability to easily determine the value of an asset. a suitably large community of buyers and sellers is important for liquidity. the ability to buy and sell an asset easily, with pricing that stays roughly similar between trades. ^{Source + Source}


FIAT CURRENCY	like usd, eur or cny, is any money declared by a government to be to be valid for meeting a financial obligation.^{Source + Source}
TURING COMPLETE	an example of this is the ethereum virtual machine (evm). the ability of a machine to perform calculations that any other programmable computer is capable of, is referred by turing complete refers to. ^{Source + Source}
LIQUIDITY	the result of an illiquid market is price volatility, and the inability to easily determine the value of an asset. a suitably large community of buyers and sellers is important for liquidity. the ability to buy and sell an asset easily, with pricing that stays roughly similar between trades. ^{Source + Source}
GENESIS BLOCK	refers to the 1st or first few blocks of a blockchain.^{Source + Source}

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