Externally Owned Accounts (EOA)
By CoinGecko | Updated on Aug 13, 2021
Externally owned accounts (EOAs) are accounts that are controlled by a private key and have no coding associated with them. If you hold the private key associated with an EOA, you can send Ether and messages from it.
Related Terms
Bots
Refers to software or programmes that automatically trade based on preset behaviours.
IEO
Initial Exchange Offering (IEO) is a spin-off of Initial Coin Offering (ICO), where the sale of tokens are conducted on an exchange rather than by the coin team themselves.
Impermanent Loss
Temporary loss of funds due to volatility leading to divergence in price between token pairs provided by liquidity providers.
Proof of Stake (PoS)
A consensus algorthm that assigns block validation queue based on the coins/token locked in by the validator.
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