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Encryption

By Cryptomcmillan1 | Updated on May 24, 2020
Encryption is a process of encoding information the original form of information called plaintext via an algorithm called cipher. The encrypted message is now called ciphertext. Only authorized parties can decipher the ciphertext and convert back it to the original plaintext. It is the practise of secured communication.

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Related Terms

Stop-loss order
Conditional market order to sell at the next available price, excuted if the price of an asset falls below set-upon limit
Byzantine Generals’ Problem
A term used to describe the situation a single strategy which requires consensus from all members within a group who cannot be trusted or verified
Order Book
An electronic list of all buy and sell orders in an exchange
Pump and dump scheme
A market manipulation method to drive up the price of an asset before profiting by driving it back down.
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