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Newb
What Is a Newb?
A newb is typically referred to as someone who is inexperienced in a certain thing. This can include someone new to video games, or being new in the world of cryptocurrencies. You can think of a newb as someone who has never used a cryptocurrency exchange throughout their life and is for the very first time experiencing what things are like.
There are other words alongside newb that mean the same thing, such as newbie, noob or nub. This is a slang term for a novice or a newcomer. Contemporary use can particularly refer to a beginner or new user.
At one point in your life, even you were a newb. Before you clicked on this to read it, you were a newb when it came to understanding its meaning, but now you are a pro.
You can think of this word as the meaning behind someone who is genuinely just getting into something new. This can be compared to the word "freshman" in college, which refers to someone who is a first-year student and does not really know what awaits them.
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Open Interest
Open interest refers to the total number of outstanding derivative contracts, specifically futures and options, that are held by market participants at the end of each trading session. |
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Black-Scholes Model
In simple terms, it is a mathematical formula that gives the fair price of stock options, allowing investors to calculate whether they are overvalued or undervalued. |
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Consensus Layer
The consensus layer is the backbone of any blockchain network, performing the vital role of facilitating agreement among nodes on the true state of the blockchain. |
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AI Coins
AI coins are designed to streamline AI-related transactions and interactions, all while upholding transparency and security through blockchain technology. |
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Leased Proof of Stake (LPoS)
Leased Proof of Stake (LPoS) is a consensus mechanism that allows cryptocurrency holders to lease their coins to nodes on a network. |