Algorithm
By Cryptomcmillan1 | Updated on May 24, 2020
Algorithm is a set of rules to follow to solve a problem or conduct a task. In computer or programming, an algorithm is needed for a computer to do its task accordingly. It is not a computer code and it needs to be converted to the language where the computer can understand.
Related Terms
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.
Sim Swapping
It is a tactic where hacker overtake the mobile phone to exploit the two-factor authentication and two-step verification.
Stablecoin
Cryptocurrency with a price peg to fiat currencies or commodity.
Hey Hey Hey
A term made popular by Carlos Matos who was the spokesperson for the Bitconnect Ponzi. He used it frequently during Bitconnect events to rile up the crowd.
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