Microtransaction
By CoinGecko | Updated on Mar 03, 2020
Microtransaction is a system that made very small payments possible in buying the common digital goods and services, such as purchasing items in a game.
Related Terms
Buy the F***in Dip (BTFD)
An encouraging rally by asset/cryptocurrency supporters to buy during a price decline
Crowdsale
This type of auction has a fixed price per token that is sold on a first-come-first-serve basis.
Dutch Auction
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.
opML (Optimistic Machine Learning)
opML (Optimistic Machine Learning) employs an optimistic verification mechanism and is able to handle large-scale machine learning models with billions of parameters efficiently, using fraud proofs that verify the ML computation.
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