When LamboBy CoinGecko | Updated on Mar 03, 2020
Shorthand for Lamborghini, an exotic car that people often refer to in their excitement over getting rich from cryptocurrencies. Often used in cryptocurrency communities when asking when prices may rise again by saying: “When Lambo?” It is usually combined with “When moon?”
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Refers to the business license issued by the New York State Department of Financial Services (NYSDFS) to companies dealing with Cryptocurrencies (subject to certain exceptions) in New York.
It is a private blockchain where the nodes must be previously authorized by a central entity.
The process of decrypting data that was previously encrypted (made unreable) back to a readable form.
Initial Coin Offering (ICO)
Initial Coin Offering (ICO) is the equivalent of Initial Public Offering (IPO), where a company/cryptocurrency venture raises funds through crowd sales.
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