coingecko (thumbnail mini)
Continue in app
Track prices in real-time
coingecko (thumbnail mini)
Continue in app
Track prices in real-time

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.

Share this with a friend!

Related Terms

Futures
An agreement between two counterparties that obligates them to transact in the future based on the contract terms set.
Margin Call
Margin call takes place when investor's margin account falls below the required amount to stay afloat.
Proof of Stake (PoS)
A consensus algorthm that assigns block validation queue based on the coins/token locked in by the validator.
Protocol
The set of rules in a network in which participating members comply to allow proper communication.
Hungry for more knowledge?
Back to Glossary or Subscribe to our newsletter.