Here is continuation of the previous post.. some more important TERMS or shorts that you should know.
ALTCOIN
Short for "alternative bitcoin" and "alternative coin", it is any cryptocurrency except for bitcoin. At the end of 2017, there were over 1,500 altcoins with many more planned for release.
FORK
A split in the digital recordings, known as blockchain, created by computers running cryptocurrency technology...
BLOCKCHAIN
Blockchain is secure technology, available to anyone that those people to prove they came to an agreement about something. Blockchain tech can be used to record data permanently and securely, preventing manipulation. The first example of blockchain tech was used to record bitcoin transactions...
SATOSHI
A Satoshi is the smallest amount of bitcoin at one billionith of a bitcoin or 0.00000001 bitcoin.
WHALE
Someone that owns absurd amounts of crypto-currency
BULLISH
An expectation that price is going to increase.
BEARISH
An expectation that price is going to decrease.
ICO
Initial Coin Offering, somewhat similar to an IPO in the non-crypto world. Startups issue their own token in exchange for ether. This is essentially crowdfunding on the ethereum platform.
MINING
The process of trying to ‘solve’ the next block. It requires obscene amounts of computer processing power to do effectively, but is rewarded with ether.
I'm sure you guys know more terms, please feel free to add it in this Glossary of terms...
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