Algorithmic Stablecoin

بواسطة CoinGecko | تم التحديث في Aug 13, 2021
Algorithmic stablecoins are tokens pegged to a fiat currency which is usually the US dollar, purely through software and specific conditions. For example, as the price rises, the algorithm may issue more coins, and when the price falls, it purchases them off the market.

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الشروط ذات الصلة

Decryption
The process of decrypting data that was previously encrypted (made unreable) back to a readable form.
Burned Tokens
Tokens which have been sent to addresses whose private key are not known, effectively becoming unusable.
Hash
A hash function is an output code (unique and alphanumeric) that we obtain from an input string,
Permissioned Blockchain
It is a private blockchain where the nodes must be previously authorized by a central entity.
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