From basic trading terms to trading jargon, you can find the explanation for a long list of trading terms here.
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In our crypto guides, we explore bitcoin and other popular coins and tokens to help you better navigate the crypto jungle.
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Bitcoin Dominance (BTCD) is a ratio that measures the market capitalization of bitcoin (the largest digital asset by market cap) against that of all other cryptocurrencies, or altcoins. It’s a ratio calculated by taking the market cap of BTC and dividing it by the market cap of all other altcoins. Crypto traders use bitcoin dominance […]
A collection of nodes that work together to facilitate the operation of the network. A network is also a general term that describes all blockchain networks, such as the Bitcoin network or the Ethereum network.
A database that is used to record transactions across a network of devices, usually computers or servers. “Distributed” refers to how the nodes (or computers or servers) of the network are designed architecturally, and where they are located geographically. “Ledger” in this context, and traditionally, simply refers to a centralized database that is used to store financial records, such as a company’s financials, liabilities, revenues, owner’s equity, and other financial information. Now, combine the two ideas and you have a ledger that is distributed across many devices, instead of one device, in many different locations, possibly around the world. Even if one of those locations disappears, or a computer or server goes down, the ledger is still intact, still secure, and the data stored within the ledger can still be processed, validated, and authenticated to.
A decentralized layer 2 payment protocol layered on top of the Bitcoin network that makes bitcoin (BTC) better by transacting off-chain, or outside of the Bitcoin network. It can handle billions of transactions per second across its network. It can handle billions of transactions per second across its network, providing near-instant financial transactions between platforms and wallets using it together. The Lightning Network can also offer cross-chain atomic swaps, happening off-chain instantly.
A fee you pay to a blockchain network for transferring a digital asset on that network. The fees go to the miners or validators of that blockchain network who win the right or are chosen by the validation mechanism to ultimately confirm your transactions and add to the blockchain.
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