What is x2 in cryptocurrencies?
x2 denotes a twofold increase in an amount or profit. Here "x" is a multiplication sign, so x2 means a twofold growth relative to the initial value.
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What is difficulty in cryptocurrencies?
Difficulty is a network parameter that governs how hard it is to find a new block. It automatically adjusts to the network's total power, keeping the block issuance time stable.
What is a smart contract in cryptocurrencies?
A smart contract is a software algorithm on a blockchain that automatically executes the terms of an agreement. It works without intermediaries and triggers only when the specified conditions are met.
What is solo mining in cryptocurrencies?
Solo mining is independent cryptocurrency mining in which a miner works alone and does not pool their power with other participants. The entire reward for a found block goes to them in full.
What is a wick ("soplya") on a cryptocurrency exchange?
A wick is exchange slang describing a sharp and very rapid drop in an asset's price over a short period of time, usually within one or two candles on a minute timeframe.
What is a soft cap in cryptocurrencies?
A soft cap is the minimum amount of funds a project plans to raise during a token sale in order to begin developing the product. If the amount is not reached, the funds are usually returned to contributors.
What is an order book in cryptocurrencies?
An order book is a table of all active limit orders to buy and sell an asset, sorted by price. It shows supply and demand and helps assess the market's liquidity.
What is a token standard in cryptocurrencies?
A token standard is a set of technical rules that a token on a blockchain conforms to. Standards ensure the compatibility of tokens with wallets, exchanges, and smart contracts.
What is a wall (buy wall, sell wall) on a cryptocurrency exchange?
A wall is a very large limit order to buy or sell that is capable of slowing down price movement. A distinction is made between a buy wall and a sell wall.
What is a stablecoin in cryptocurrencies?
A stablecoin is a cryptocurrency with minimal volatility whose value is pegged to a stable asset: a fiat currency, a commodity, or a basket of assets. It is used as a safe haven and a means of settlement.
