10 Common Sense Definitions of the Most Common Crypto Industry Termsby@MS123123!
569 reads

10 Common Sense Definitions of the Most Common Crypto Industry Terms

tldt arrow
Read on Terminal Reader
Read this story w/o Javascript

Too Long; Didn't Read

Bitcoin's crypto world has developed its own dictionary of insider terms that don’t mean anything to uninvolved outsiders. While these terms make effective shorthand in communicating with other crypto pros, they fly in the face of newcomers. Let’s bring some common sense to common crypto terms to help you build your crypto vocabulary. Here are 11 key definitions for key crypto terms: mining, mining, node, block, node and proof of work, mining and mining hard-working. Bitcoin is hard-coded to preserve its ten-minute timeframe for block production.

People Mentioned

Mention Thumbnail

Company Mentioned

Mention Thumbnail
featured image - 10 Common Sense Definitions of the Most Common Crypto Industry Terms
Marco Streng HackerNoon profile picture

@MS123123!

Marco Streng


Receive Stories from @MS123123!

react to story with heart

RELATED STORIES

L O A D I N G
. . . comments & more!