Gwei

By CoinGecko | Updated on Mar 03, 2020

The monetary domination of gas, involving Ether. It is a very small amount of Ether and one Ether is worth 1 billion gwei.

Bitcoin Improvement Proposal (BIP)

Refers to improvement proposals for Bitcoin, used to introduce features or any updates on the Bitcoin network.

Decryption

The process of decrypting data that was previously encrypted (made unreable) back to a readable form.

Blockchain

In Bitcoin's case, blockchain describes its decentralized, public ledger which contains transactional information.

Transaction Fee

A payment to the network for performing a transaction to be recorded on the blockchain.

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