beaxy

In the field of cryptocurrency trading, an Unspent Transaction Output (UTXO) pertains to the abstraction of electronic money. What each UTXO represents is a chain of ownership that is released and enacted as a chain…

In direct contrast to a Permissioned Ledger, an Unpermissioned Ledger is a ledger that just about anyone can simply download. Any participant can submit messages for processes and even be involved in processes of authentication,…

Technical Analysis pertains to an evaluation method that employs statistical analyses of market activity, including price and volume. What TA aims to do is predict price movements through examination of historical data, specifically price and…

Testnet refers to an alternative blockchain used by developers for testing. Testnet tokens are distinguished from actual bitcoins in that these are never supposed to have actual value. This is beneficial to application developers or…

In the field of cryptography, a Scrypt pertains to an alternative proof-of-work (PoW) algorithm to the usual SHA-256 that is used for Bitcoin mining. What it is basically is a password-based key derivation function created…

A Scam, in the context of cryptocurrency trading, pertains to a fraudulent or deceptive digital coin or Initial Coin Offering.  It is easy to be scammed by entities in crypto trading industry. The first step…

Race Attack, as the words strongly suggest, pertain to two transactions being created with the same funds and at the same time. The intention behind this creation is the allowance of spending those funds twice. …

Within the context of cryptocurrency trading, Rank refers to the relative position of a digital token by market capitalization. This of course depends on the coin’s price. But largely, sites and companies rank cryptocurrencies in…

A Permissioned Ledger pertains to a ledger where the actors are required permission to access the ledger in question. Once a new record is added, the integrity of the ledger is checked through a limited…