Mnemonics
By CoinGecko | Updated on Mar 03, 2020
Mnemonics are memory aids with a system such as letters or associations that help in recall. *see Mnemonic Phrase.
Related Terms
Permissioned Blockchain
It is a private blockchain where the nodes must be previously authorized by a central entity.
Pay-Per-Last N Shares (PPLNS)
PPLNS system only pays miners after the pool has discovered the block. This means you'll only be compensated once the block has been discovered.
Open/Close
The price at which a cryptocurrency opens at a time period, for example at the start of the day; the price at which a cryptocurrency closes at a time period, for example at the end of the day.
Goblin Town
A term used to describe the market's persistent downtrend, synonymous with "bear market".
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