REKTBy CoinGecko | Updated on Mar 03, 2020
A shorthand slang for “wrecked”, typically describes bad trades that results in losses. Outside of the crypto trading world, rekt is essentially the slang used to describe a bad situation.
Share this with a friend!
An open sourced blockchain where participation is public and permissionless
Another term for cloud mining, where users can rent or invest in mining capacity online.
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.
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
Hungry for more knowledge?Back to Glossary or Subscribe to our newsletter.