Satoshi
By CoinGecko | Updated on Mar 08, 2021
Owning its name to the name of the Bitcoin creator, Satoshi Nakamoto. A Satoshi is the smallest divisible fungible unit in the bitcoin protocol, meaning the smallest amount of bitcoin one can send is 1 satoshi, or 0.00000001 bitcoin.
Related Terms
BUIDL
An advice for investors to contribute new projects on blockchain rather than holding cryptocurrencies and waiting for the price to increase
Miners
Contributors to a blockchain taking part in the process of mining.
Proof-of-Burn (PoB)
A consensus algorthm that assigns block validation queue based on the coins/token burned by the validator.
Fear of Missing Out (FOMO)
Refers to the feeling of apprehension for missing out on a potentially profitable investment opportunity and regretting it later.
Generally an expression describing investors' fear of missing out the good timing of buying cryptocurrencies that could eventually be profitable
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