Shitcoin
By CoinGecko | Updated on Mar 03, 2020
A term used to describe coins that have no actual usage or value. Also used as an insult at times to put down certain cryptocurrencies.
Related Terms
Market Maker
Participant of the market who creates buy and orders
Total Value Locked
Total Value Locked (TVL) represents the number of assets that are currently staked in a protocol or the total quantity of underlying amount of funds that a DeFi protocol has secured.
Permissioned Blockchain
It is a private blockchain where the nodes must be previously authorized by a central entity.
SHA-256
Abbreviation of "Secure Hashing Algoritm - 256", SHA-256 is part of the SHA2 that allows one-way hashing of any data into a 64 character string.
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