Bloodbath
By Cryptomcmillan1 | Updated on May 24, 2020
In context of trading, the term bloodbath is commonly used to describe a market which is on a downtrend with many assets suffering from value depreciation. It is likely created from the term "blood in the streets" used to depict a bearish market sentiment.
Related Terms
Proof-of-Authority (PoA)
A consensus algorithm that asigns block validation queue based on identity and reputation.
Ledger
A record of financial transactions that cannot be changed, only appended with new transactions.
Turing-Complete
A "turing complete" code or blockchain refers to the ability to read program-written codes.
Daily Active Addresses (DAA)
On a blockchain, users interact with one another through their addresses, and daily active addresses (DAA) refers to the number of addresses which fulfills the defined activity parameter on a given blockchain.
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