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.
Related Terms
Mining Reward
The reward resulting from contributing computing resources to process transactions
REKT
A shorthand slang for “wrecked”, typically describes bad trades that results in losses.
Open Source
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.
Gas
A unit of measurement of the computational effort in conducting transactions or smart contracts on Ethereum blockchain.
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