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Stablecoin

By CoinGecko | Updated on Mar 03, 2020
Stablecoins are designed to mimic commodity assets or fiat currency whilst exisiting as a cryptocurrency. Examples include gold-backed cryptocurrency or fiat-pegged cryptocurrency.

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Related Terms

Mining Rig
A dedicated hardware to mine
Private Keys
The alphanumeric string which allows transactions from the cryptocurrency address
Ledger
A record of financial transactions that cannot be changed, only appended with new transactions.
Difficulty
A relative measure on how difficult it is to correctly guess a new block
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