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Altcoin A succinct definition of Altcoin AltcoinLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYALTCOINCopy linkShare on TwitterShare on FacebookShare on LinkedinAltcoinA combination of ‘alternative’ and ‘coin’, the word ‘altcoin’ is used to describe any cryptocurrency that is not Bitcoin. This term formed with the idea that Bitcoin is the original cryptocurrency, and all other types of cryptocurrencies are alternative coins. The first-ever altcoin was Namecoin (NMC)…
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Trendline A succinct definition of Trendline TrendlineLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYTRENDLINECopy linkShare on TwitterShare on FacebookShare on LinkedinTrendlineA trendline is used to help analyse price movements and make more informed trading decisions in volatile markets like cryptocurrency. It is a straight line drawn on a price chart to help identify and visualise the direction of the market’s trend. Trendlines can be used to detect uptrends, downtrends, …
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Right-Translated Market Cycle A succinct definition of Right-Translated Market Cycle Right-Translated Market CycleLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYRIGHT-TRANSLATED MARKET CYCLECopy linkShare on TwitterShare on FacebookShare on LinkedinRight-Translated Market CycleCryptocurrency markets often exhibit cyclical behaviour, characterised by periods of expansion (bull markets) followed by contraction (bear markets). These cycles can be influenced by various factors like…
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Faucet A succinct definition of Faucet FaucetLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYFAUCETCopy linkShare on TwitterShare on FacebookShare on LinkedinFaucetA faucet is an effortless way for users to earn cryptocurrency that doesn’t require any technical skills or purchasing of digital assets. It incentivises users to use a particular cryptocurrency, where users perform various tasks like completing a captcha or viewing an ad, and, in turn, they receive a small amount o…
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Ascending Wedge A succinct definition of Ascending Wedge Ascending WedgeLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYASCENDING WEDGECopy linkShare on TwitterShare on FacebookShare on LinkedinAscending WedgeAn ascending wedge is a bearish chart pattern in technical analysis characterised by two converging trendlines that slope upwards. Also known as a rising wedge, the two upward-sloping trendlines connect a series of higher highs (the upper trendline) and a series of higher l…
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Impossible Trinity A succinct definition of Impossible Trinity Impossible TrinityLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYIMPOSSIBLE TRINITYCopy linkShare on TwitterShare on FacebookShare on LinkedinImpossible TrinityThe Impossible Trinity, also known as blockchain trilemma, is one of the greatest hurdles for cryptocurrency. It states that blockchains can only simultaneously achieve two out of either decentralisation, scalability, or security — but never all three.Scala…
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RPC A succinct definition of RPC RPCLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYRPCCopy linkShare on TwitterShare on FacebookShare on LinkedinRPCRemote Procedure Call, also known simply as RPC, plays a crucial role in the functioning of many cryptocurrencies, including Ethereum. It refers to a communication protocol that allows a programme (like a wallet or node) to efficiently request services from another programme or server over a network, typically the internet.In a cryp…
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Fiat A succinct definition of Fiat FiatLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYFIATCopy linkShare on TwitterShare on FacebookShare on LinkedinFiatFiat money is a currency that has been established as a legal tender, often by government policies. Unlike commodities like gold, fiat money does not have intrinsic value. In other words, the paper money is essentially worthless. Rather, its value is derived from the supply and demand, as well as the trust in the issuing govern…
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Merkle Leaf A succinct definition of Merkle Leaf Merkle LeafLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYMERKLE LEAFCopy linkShare on TwitterShare on FacebookShare on LinkedinMerkle LeafA Merkle leaf is the bottom-most node of a Merkle tree, which is a binary and hierarchical data structure that efficiently organises and verifies data using cryptographic hashes. A Merkle leaf contains the hash value of a single transaction data in the context of blockchain.Each node in a Merk…
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Staking Pool A succinct definition of Staking Pool Staking PoolLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYSTAKING POOLCopy linkShare on TwitterShare on FacebookShare on LinkedinStaking PoolIn Proof of Stake (PoS) and its variants like Delegated Proof of Stake (DPoS), staking is the process of locking up a certain amount of tokens or coins in a wallet to support the operations of a blockchain network. In return, participants are rewarded with additional tokens.A staking pool…
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