WALLET - LIQUIDITY - FIAT CURRENCY - MEMPOOL -

realskilled (47)in #steem • 7 years ago


WALLET	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}}
LIQUIDITY	it usually contains a software client which allows access to view and create transactions on a specific blockchain that the wallet is designed for. a file that houses private keys. ^{^{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}}
MEMPOOL	the unconfirmed transactions stored by a node until they either expire or get included in the main chain. a technical term that refers to a collection of these transactions.^{^{Source + Source}}


WALLET	it usually contains a software client which allows access to view and create transactions on a specific blockchain that the wallet is designed for. a file that houses private keys. ^{^{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}}
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}}
MEMPOOL	the unconfirmed transactions stored by a node until they either expire or get included in the main chain. a technical term that refers to a collection of these transactions.^{^{Source + Source}}

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