Bakkt

By Cryptomcmillan1 | Updated on May 24, 2020

Bakkt is a company developed by the Intercontinental Exchange (ICE), owner of the New York Stock Exchange. It specializes in Futures/Options contracts for cryptocurrencies.

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Related Terms

All-Time-High (ATH)

The highest point (in price, in market capitalization) that a cryptocurrency has been in history.

Proof of Stake (PoS)

A consensus algorthm that assigns block validation queue based on the coins/token locked in by the validator.

Peer to peer

A communication protocol that does not require a central hub

Application-Specific Integrated Circuit (ASIC)

Refers to specialized computers that are made to do a very specific task (eg. calculate hashes for Bitcoin's Proof-of-Work)

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