Dutch AuctionBy CoinGecko | Updated on Sep 01, 2021
A Dutch Auction, also know as an "inverted" auction, starts off with high asking price that decays over time until a pre-determined floor price. This style of auction allows users to enter only when the price matches their desired comfort level.
The reward resulting from contributing computing resources to process transactions
ERC-721 is one of the most widely used token standards in Ethereum to create non-fungible, exchangeable tokens.
A term used to describe cryptocurrency proof-of-work protocols that are resistant to Application-Specific Integrated Circuit (ASIC), by packing in various parameters that make it difficult for ASICs to have a competitive edge against consumer hardwares.
The ease of which cryptocurrency can be bought and sold without impacting the overall market price.
Hungry for more knowledge?Back to Glossary or Subscribe to our newsletter.