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
Rug Pull
Sudden removal of liquidity which typically leads to asset prices crashing from the lack of liquidity to absorb buy/sells.
HODL
A crypto slang of saying holding the assets rather than selling it.
A crypto slang encouraging investors to hold on to their assets rather than selling it.
Decryption
The process of decrypting data that was previously encrypted (made unreable) back to a readable form.
Central Bank Digital Currency (CBDC)
It is a digital fiat currency issued by the central banks, contrary to cryptocurrency that issued by non-legislative party.
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