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
Shitcoin
A coin with no obvious potential value or usage.
Fully Diluted Valuation
Fully Diluted Valuation (FDV) is the theoretical market capitalization of a coin if the entirety of its supply is in circulation, based on its current market price. The FDV value is theoretical as increasing the circulating supply of a coin may impact its market price. Also depending on the tokenomics, emission schedule or lock-up period of a coin's supply, it may take a significant time before its entire supply is released into circulation.
Privacy Coins
Cryptocurrencies that are designed with transaction anonimity and user privacy in mind.
Circulating Supply
An approximation of the number of coins or tokens that are currently not locked and available for public transactions.
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