Encryption
By Cryptomcmillan1 | Updated on May 24, 2020
Encryption is a process of encoding information the original form of information called plaintext via an algorithm called cipher. The encrypted message is now called ciphertext. Only authorized parties can decipher the ciphertext and convert back it to the original plaintext. It is the practise of secured communication.
Related Terms
Impermanent Loss
Temporary loss of funds due to volatility leading to divergence in price between token pairs provided by liquidity providers.
When Moon
An expression used by investors to ask when the price of a coin would hit a peak
Algorithm
Algorithm is a set of rules to follow to solve a problem or conduct a task.
Airdrop
A way to promote cryptocurrencies by sending some free tokens to traders
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