Dominance
By CoinGecko | Updated on Mar 03, 2020
In the cryptocurrency world, dominance commonly refers to the measure of how dominant a particular cryptocurrency is relative to the others for a given parameter.
One example is the Bitcoin market capitalization dominance, which measures Bitcoins market capitalization % relative to other measured cryptocurrencies. Dominance can also be applied on trading volume, or any other measurable metrics.
Related Terms
Nonce
Abbreviation for ‘number only used once’ It is of vital importance next to the hash in the verification of data from the Bitcoin blockchain network.
Composability
Composability refers to the ability to combine different components of a software stack.
Node
Within the blockchain network, the nodes are computers that connect to the network and have an updated copy of the blockchain
Stop-loss Order
Conditional market order to sell at the next available price, excuted if the price of an asset falls below set-upon limit
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