Autonomous Agent: Software that makes decisions based on its own algorithms, without trader (investor) involvement.
Address: A string of letters and numbers or QR code used for cryptocurrency transactions. It serves as a public key used in digital signatures for operations.
AirDrop: Distribution of cryptocurrency coins to users for free under specific conditions, with the expectation that the coins will gain financial value. This attracts new (potential) users to use new cryptocurrencies.
Altcoin: Any cryptocurrency other than Bitcoin is referred to as an altcoin. Examples include Dogecoin, Litecoin, among many others.
ASIC (Application Specific Integrated Circuit): A specialized mining device with an internal processor that computes hashes.
51% Attack: A situation where one type of cryptocurrency network's computational power is controlled by miners. Theoretically, this allows:
Conducting transactions without consensus from other network participants.
Halting others' transactions.
Double-spending a cryptocurrency.
Disrupting other miners by creating interference in blocks on the chain.
All Time High (ATH): The highest recorded cryptocurrency price in history.
Bounty: Promotional activities aimed at popularizing and developing a cryptocurrency asset, often conducted during ICOs. They incentivize potential holders with donations and bonuses, requiring users to fulfill certain conditions.
Bitcoin: The first cryptocurrency asset, commonly abbreviated as BTC. It has various nicknames such as BTC, satoshi, and bit.
Block Reward: The reward miners receive for solving and adding a new block to the blockchain.
Block: A data unit containing cryptocurrency information.
Blockchain: A distributed ledger composed of blocks of cryptocurrency transaction chains. Blockchains can be:
Closed (private)
Open (public)
Consortium (exclusive)
Sideways Trend (Sideways): Minimal changes in cryptocurrency prices, hovering around a single mark with slight fluctuations.
Bitcoin Price Index (BPI): Shows the average price of one unit of Bitcoin, considering major cryptocurrency exchanges with high capitalization.
Bulls: Slang for traders betting on price increases. Bulls aim to buy low and sell high.
Bucket: Placing a buy order significantly below the current market price.
VirusTotal: A service analyzing files and links for malware presence. The service is free.
Volatility: Price fluctuation dynamics of cryptocurrencies over time. The wider the price range over a short period, the more volatile the indicator.
Whirlpool: Describes market uncertainty at the current moment.
Genesis: The very first information block in the blockchain of each cryptocurrency, formed during its creation.
Dump: Large players entering the market aiming to decrease prices to a certain level. Such speculators sell large quantities of cryptocurrency, causing an oversupply. They repurchase it once the price drops to the desired level.
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