Coins: 14,315
Exchanges: 1,096
Market Cap: $2.554T 0.8%
24h Vol: $65.483B
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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.

Related Terms

Bagholder
A person who is holding a large quantity of cryptocurrency which is declining in value or becoming worthless
Unspent Transaction Output
(abbv. "UTXO") Coins that are unspent in the wallet. UTXO virtually represents the cryptocurrency one own in the wallet.
Whitepaper
An introductory paper to consicely explain an issue and a possible solution on the issue.
Ring Signature
A type of digital signature performed in a group where it becomes impossible to determine which member's key in the group were used for the digital signature.
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