Soft Cap
By CoinGecko | Updated on Aug 12, 2021
A soft cap refers to the targeted amount that an initial coin offering (ICO) looks to raise. If the ICO is unable to raise that amount, it may be cancelled and the collected funds returned to participants. See also: hard cap.
Related Terms
Bear Market
Contrary to bull market, it indicates the direction of the market going for downward trend.
Salt (cryptography)
In cryptography, a salt is the additional random input that is added to password or passphrase to make the password hash unique. It prevents from the hashed output password to be cracked so easily by the hacker.
Whitelist
List of approved participants that will be given access to a token sale (ICO, IEO, STO etc...)
Algorithm
Algorithm is a set of rules to follow to solve a problem or conduct a task.
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