BUIDL
By Cryptomcmillan1 | Updated on May 24, 2020
An extension to the term "hodl" that originated in December 2013 in Bitcoin forums, buidl is also misspelled on purpose from the word "build".
Generally used within cryptocurrency communities to indicate that work is being done to better the cryptocurrency space through new products and innovations.
Related Terms
State Channel
Secondary payment channel occuring off-chain
Blockchain
In Bitcoin's case, blockchain describes its decentralized, public ledger which contains transactional information.
Token Burn
An event in which tokens are verifiably removed permanently removed from circulation.
51% Attack
An attack on blockchain by a group of miners controlling more than 50% of network hash rate
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