Protocol
By CoinGecko | Updated on Mar 03, 2020
The set of rules that define interactions on a network, usually involving consensus, transaction validation, and network participation on a blockchain.
Related Terms
Hot Wallet
It is a tool that store your cryptocurrencies and always connected to internet
MicroBitcoin (uBTC)
One millionth of a bitcoin or 0.000001 of a bitcoin. Microbitcoin is the abbreviation of uBTC and often misunderstood as the fork of Bitcoin.
Mnemonic Phrase
A mnemonic phrase (also known as mnemonic seed, or seed phrase) is a list of words used in sequence to access or restore your cryptocurrency assets.
Arbitrage
A strategy where investors buy a currency in a market and sell it at a higher price in another market to gain profit.
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