Terms Flashcards

1
Q

Arbitrage

A

Buying and selling of different assets over different markets in order to take advantage of differing prices

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

MEV

A

Miner extractable value

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

API

A

Application programming interface

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

DLT

A

Distributed ledger technology

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

BFT

A

Byzantine fault tolerance - agreeing

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Nonce

A

Number you change with every attempt when hashing

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Turig

A

Turig complete - a machine that given enough time and memory will be able to solve any problem

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

IOT internet of things

A

The future of blockchain

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Scalability

A

The limited rate at which a network can process transactions

Bitcoin 7 TPS
Ethereum 15 TPS

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

Indexing

A

Organising information on the blockchain so it’s easier to find

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

Web 3.0

Blockchain 3.0

A

The future internet based on blockchain

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

NFT

Non fungible tokens

Not mutually interchangeable

A

Proving the scarcity and provenance of rare assets

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

The lighting Network

A

Add another layer to the bitcoin blockchain and enables users to create payment channels between two parties on that extra layer

Trying to fox the scalability problem that bitcoin blockchain can only process 7 transactions per second.

IOTA uses DLT technology to try and solve the scalability problem

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

Network effect

A

How a product becomes more valuable as more people use it

First mover advantage critical

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

Bitcoin halving

A

Every 210,000 block the reward is halved for completion of the block

Occurs roughly every 4 years

Current reward 6.25 btc per block

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

DAO

A

Decentralised autonomous organisation

17
Q

ETF

A

Exchange traded fund

18
Q

TVL

A

Total value locked

19
Q

TLS

A

Transport layer security

20
Q

AUM

A

Assets under management

21
Q

Confluence

A

Multiple trading indicators that give the same outcome

22
Q

ADL

A

Auto deleveraging

Positions are reduced in volatile markets as the insurance fund won’t cover them

23
Q

Tangible

A

Perceptible by touch

24
Q

Change / amplitude

A

Amplitude includes the wick of a candle where as change is open or close

Can indicate volatility

25
Q

Mempool

A

Transactions waiting to be picked up by the miners or nodes

26
Q

Kpi

A

Key performance metrics / indicators

27
Q

Mvp

A

Minimum viable product

28
Q

CVD

A

Cumulative volume delta

29
Q

Obv

A

On balance volume

30
Q

SFP

A

Swing failure pattern

Stop hunting failed

31
Q

NVT

A

Network value to transactions