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Cryptocurrency

By CoinGecko | Updated on Mar 03, 2020
A form of digital currency that utilizes cryptographic protocols to record ownership, prevent counterfeit (when ownership and transaction gets logged onto the blockchain). Bitcoin is one of the most successful examples which combines peer-to-peer networking, cryptography and incentivization by design to create a cryptocurrency.

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Related Terms

Distributed Denial of Service (DDoS) Attack
A common cyber-attack tactic where a perpetrator diverts large amounts of traffic towards a particular network or service in an effort to disrupt normal services.
Permissioned Blockchain
It is a private blockchain where the nodes must be previously authorized by a central entity.
Airdrop
A way to promote cryptocurrencies by sending some free tokens to traders
Sharding
A form of database partitioning which breaks up data into smaller segments.
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