Cryptocurrency Encyclopedia

Explore the future together and let everyone know the world of cryptocurrency equally!

What does stop loss and stop profit mean? How to set?

Mar 17,2025 at 06:10am

Key Points:Stop-loss orders automatically sell a cryptocurrency when it reaches a predetermined price, limiting potential losses.Stop-profit orders automat...
What is the role of smart contracts in an ICO?

Mar 17,2025 at 05:15am

Key Points:Smart contracts automate the process of distributing tokens during an ICO, enhancing transparency and security.They enable the creation of vario...
What is impermanent loss? How to avoid impermanent loss?

Mar 17,2025 at 04:31am

Key Points:Impermanent loss (IL) is the loss incurred when the price of assets in a liquidity pool changes relative to when they were deposited.IL is not a...
How is decentralized storage different from traditional cloud storage?

Mar 17,2025 at 04:16am

Key Points:Decentralized storage utilizes a distributed network of nodes, unlike centralized cloud storage relying on a single provider.Data security and p...
What are private keys and public keys?

Mar 17,2025 at 03:10am

Key Points:Private keys are secret codes that grant exclusive control over cryptocurrency holdings. They are analogous to a password or PIN, but far more c...
What are full nodes and light nodes?

Mar 17,2025 at 02:40am

Key Points:Full Nodes: Maintain a complete copy of the blockchain, validating all transactions and contributing to network security. They are crucial for t...
What are the risks of cryptocurrency?

Mar 17,2025 at 01:20am

Key Points:Market Volatility: Cryptocurrency prices are highly volatile, subject to rapid and unpredictable swings.Security Risks: Cryptocurrency exchanges...
What is a crypto wallet mnemonic?

Mar 17,2025 at 01:00am

Key Points:A crypto wallet mnemonic is a list of 12-24 words (sometimes more) that acts as a master key to your cryptocurrency wallet.It's crucial for acce...
What is a mnemonic phrase?

Mar 17,2025 at 12:50am

Key Points:A mnemonic phrase is a sequence of randomly generated words used to access your cryptocurrency wallet.It acts as a backup for your private keys,...
What is DApp (decentralized application)?

Mar 16,2025 at 11:56pm

Key Points:DApps leverage blockchain technology, offering transparency and immutability.They differ from traditional apps in their decentralized nature and...
What is a Deflationary Token?

Mar 16,2025 at 10:50pm

Key Points:Deflationary tokens are cryptocurrencies designed to decrease in supply over time, often through burning mechanisms.This scarcity can theoretica...
What is blockchain technology and its application in the currency circle?

Mar 16,2025 at 10:30pm

Key Points:Blockchain technology is a decentralized, distributed ledger that records and verifies transactions across multiple computers. This eliminates t...
What is Short Selling?

Mar 16,2025 at 08:35pm

Key Points:Short selling involves borrowing an asset, selling it at the current market price, and hoping to buy it back later at a lower price to return to...
What is an exchange? What is the difference between a centralized exchange and a decentralized exchange?

Mar 16,2025 at 08:06pm

Key Points:What is an exchange? A cryptocurrency exchange is a platform that facilitates the buying, selling, and trading of cryptocurrencies. They act as ...
Which blockchain apps are leading in technological innovation in China?

Mar 16,2025 at 06:16pm

Key Points:China's blockchain landscape is vibrant despite regulatory hurdles, focusing on permissioned systems and specific applications.Leading apps leve...
What is "onion routing" in the Lightning Network?

Mar 16,2025 at 04:35pm

Key Points:Onion routing, a core principle of anonymity networks like Tor, is adapted for use within the Lightning Network (LN) to enhance privacy.LN's oni...
How much does it cost to develop a private chain system?

Mar 16,2025 at 03:55pm

Key Points:The cost of developing a private blockchain system is highly variable and depends on several factors.These factors include the complexity of the...
What is Testnet?

Mar 16,2025 at 03:00pm

Key Points:Testnets are replicas of a blockchain network used for testing and development.They allow developers to experiment with new features, protocols,...

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