Open Source

By CoinGecko | Updated on Mar 03, 2020

Open-source software is a type of software released under a license in which the copyright holder grants users the rights to study, change, and distribute the software to anyone and for any purpose. It is also a philosophy, with participants believing in the free and open sharing of information in pursuit of the greater common good.

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Related Terms

Decentralized Finance (DeFi)

Decentralized Finance (DeFi) refers to the movement of building decentralized financial applications that have no central authority and is censorship free.

Market Order / Market Buy / Market Sell

A market order is a buy or sell order of stocks or cryptocurrency at the best price available in the current market as soon as possible.

Proof-of-Burn (PoB)

A consensus algorthm that assigns block validation queue based on the coins/token burned by the validator.

Distributed Ledger

Ledgers whose data is stored and synced across a network of nodes.

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