Cryptocurrency
Market Cap
Market Cap
Market Cap, short for Market Capitalization, is a measure of the total value of a company or asset. It is calculated by multiplying the current stock price of a company by its outstanding shares. Market Cap represents the overall worth of a company, indicating the total value of all its shares. Market Cap is […]
Litecoin (LTC)
Litecoin (LTC) is a cryptocurrency that was created by Charlie Lee in 2011. It is based on the same underlying technology as Bitcoin and is often referred to as the “silver” to Bitcoin’s “gold.” While Litecoin shares many similarities with Bitcoin, there are some key differences. One of the most significant differences is the […]
Lightning Network
The Lightning Network is a second-layer protocol designed to address scalability issues in Bitcoin and other cryptocurrencies. Here is a more detailed explanation of the Lightning Network: Second-Layer Solution: The Lightning Network is a second-layer protocol built on top of the blockchain. It aims to speed up transactions and reduce their costs by offloading […]
Light Node
A Light Node, also known as a Light Client, is a type of node in blockchain networks. When users join the network, they can participate without having to download and store a large amount of data that full nodes typically require. Here is a more detailed explanation of what a Light Node is: Function: […]
Libra
Libra is a digital cryptocurrency developed by Facebook. Here is more detailed information about Libra: Purpose of Libra: The purpose of Libra is to provide a digital currency that facilitates easy access to financial services worldwide and reduces costs. Libra specifically targets individuals with limited access to financial services and those without bank accounts. […]
Ledger
A “ledger” is a detailed record-keeping system that tracks financial transactions. It is commonly used in accounting to maintain accurate and organized financial information for businesses or individuals. A ledger serves as the primary source of financial data and provides a comprehensive view of an entity’s financial activities. It records various types of transactions, […]
Know Your Customer (KYC)
Know Your Customer (KYC) is a process used by financial institutions, companies, and other organizations to verify the identities, financial activities, and risk profiles of customers. KYC policies are implemented to prevent money laundering, financing of terrorism, and other illegal activities. KYC procedures involve steps such as requesting documents to verify customers’ identities, collecting […]
Kimchi Premium
Kimchi Premium is a term used to describe the phenomenon in the cryptocurrency market, particularly in South Korea, where the price of Bitcoin and other cryptocurrencies is significantly higher compared to exchanges in other countries. It refers to the premium or price difference that exists in the South Korean cryptocurrency market. South Korea is […]
Key Pair
In cryptography, a Key Pair refers to a pair of related cryptographic keys that are commonly used in encryption and digital signature operations. A Key Pair consists of a private key and a public key. The private key is a secret key that is known only to the owner. It is used to encrypt […]
IOTA (MIOTA)
IOTA is a distributed ledger technology and cryptocurrency designed specifically for the Internet of Things (IoT). It was founded in 2015 and aims to facilitate secure and feeless machine-to-machine transactions and data transfer in the IoT ecosystem. Unlike traditional blockchain-based cryptocurrencies, IOTA uses a unique data structure called the Tangle. The Tangle is a […]
