Definition of Difficulty

In the context of Bitcoin's proof-of-work system, the difficulty is a relative measure on how difficult it is to correctly guess a new block though the mathematical equation performed. In Bitcoin, the difficulty is adjusted periodically based on the amount of hashing power (computing power) on the network.

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KYC (Know Your Customer)

KYC stands for "Know Your Customer", a process for business entities are required to verify its clients and assessing them.

Yield Farming

Yield farming involves putting cryptocurrency into a DeFi protocol to collect interest on trading fees.

Shilling

One who poses as a enthsiastic customer to swindle others as a form of covert advestising.

Satoshi

A unit measure for the smallest divisible unit of a bitcoin. 1 bitcoin is equal to 100 Million Satoshi.

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Difficulty

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