Decentralized
By | Updated on Mar 03, 2020
Describes a system where there are no centralized points of failure (eg. a pillar that holds an entire structure up), or an organization that has no central authority figure. Bitcoin is an example of a decentralized system.
Related Terms
Mining Contract
Another term for cloud mining, where users can rent or invest in mining capacity online.
Buy Wall
Anomalously large buy order(s) at a single price point that reflects as a "wall" in the order book.
Peer to Peer
A communication protocol that does not require a central hub
When Moon
An expression used by investors to ask when the price of a coin would hit a peak
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