Distributed Ledger
By CoinGecko | Updated on Mar 03, 2020
Ledgers whose data is stored and synced across a network of nodes. A distributed ledger is not limited to cryptocurrency (transactional data) and can store many other kinds of data. It can also be set up to be permission and private.
Related Terms
Hybrid PoW/PoS
It is the allowance for both Proof-of-Stake and Proof-of-Work distribution consensus to work on the same network.
gm Good Morning
gm is the short form writing for good morning. Used extensively within the crypto community where individuals greet each other casually. On the other hand, good night (gn) is used when people sign off for the day.
Secure Asset Fund for Users (SAFU)
A feature created by Binance which contains reserve funds that can be used to reimburse users in case of a catastrophic event (eg. exchange hack)
Daily Active Addresses (DAA)
On a blockchain, users interact with one another through their addresses, and daily active addresses (DAA) refers to the number of addresses which fulfills the defined activity parameter on a given blockchain.
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