Application Programming Interface (API)
By Cryptomcmillan1 | Updated on May 24, 2020
It is a software that acts like an intermediary or a bridge that lets two applications talk to each other. It is the one that lets applications, data and devices interact. For example, the price you see at CoinGecko is the API that calls the data from our server and in return, it will response to you with the requested 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.
Hash
A hash function is an output code (unique and alphanumeric) that we obtain from an input string,
Dump
A common term used to describe downward market movement, or to describe the action of selling an individuals holdings.
Mining Rig
A dedicated hardware to mine
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