Market Maker
By bijok_adam | Updated on May 24, 2020
A market maker places prices that differ from the current market price for the orders. A market maker would typically want to sell at a higher price, and purchase at a lower price.
Related Terms
Mining Pool
Combination of resources of several miners to obtain a higher mining power and thus achieve greater rewards for the opening of blocks.
Byzantine Fault
A byzantine fault is where an error has occured, yet a computer system does not know due which component/what failed to the lack of information and continues to iterate on a given instruction.
Bots
Refers to software or programmes that automatically trade based on preset behaviours.
REKT
A shorthand slang for “wrecked”, typically describes bad trades that results in losses.
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