Bots
By CoinGecko | Updated on Mar 03, 2020
Refers to software or programmes that automatically trade based on preset behaviours (eg. buy @ $100, sell at $102, and then repeat). Bots have the advatage of being extremely quick and can react almost instantaneously.
Related Terms
cc0 NFT
A cc0 NFT is a piece of digital content where the IP rights have been relinquished.
Bagholder
A person who is holding a large quantity of cryptocurrency which is declining in value or becoming worthless
Proof-of-Authority (PoA)
A consensus algorithm that asigns block validation queue based on identity and reputation.
Enterprise Ethereum Alliance (EEA)
Enterprise Ethereum Alliance is made up for a group of Ethereum developers, corporations as well as startups who are collaborating to find ways to use Ethereum for business applications.
Hungry for more knowledge?
Back to Glossary or Subscribe to our newsletter.