"BITCOIN"
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Glossario (17)
Bitcoin
ETFs
Bitcoin
ETF, namely an open-ended exchange-traded fund, is a regulated investment fund that tracks the price of
Bitcoin
.
Bitcoin
Created by Satoshi Nakamoto, it is a cryptocurrency integrated with the subjects of Cryptography and Consensus Mechanism.
Wrapped
Bitcoin
(wBTC)
Similar to RenBTC, wBTC is also an ERC20 token, which is anchored 1:1 with
Bitcoin
.
Bitcoin
Pizza
It is an event that took place on May 22, 2010.
Bitcoin
Gold
It is a new token created by a hard fork of the original open-source cryptocurrency which took place on October 24, 2017, with a total issue amount of 21 million.
Satoshi
It is the minimum unit of a
Bitcoin
nominated by Satoshi Nakamoto, the creator of
Bitcoin
.
Taproot
Taproot is a soft fork that optimizes
Bitcoin
_s. Taproot is the biggest upgrade to the
Bitcoin
network since 2017.
Altcoin
It refers to alternative cryptocurrencies launched after
bitcoin
.
Satoshi Nakamoto
The creator of
Bitcoin
, but his real identity remains unknown.
Copycat Coin
All cryptocurrencies except
Bitcoin
can be called a copycat coin. However, they are not counterfeit, but rather a new kind of coin developed based on
Bitcoin
source code.
Lighting Network
This term was first proposed in 2015 with the purpose of improving the scalability of
Bitcoin
transactions.
ECDSA
Elliptic Curve Digital Signature Algorithm _ECDSA_ is a cryptographic algorithm used by
Bitcoin
,
Computational Power
As the measurement of
Bitcoin
network processing power, it can measure the speed of the Hash Function output calculated by CPU.
Cryto-crypto Trading
It refers to the type of trading by purchasing one crypto at the price of another crypto, such as purchasing
Bitcoin
using USDT(as in BTC/USDT).
How to Buy Dogecoin (DOGE)
Dogecoin is a peer-to-peer and open-source digital currency that’s similar to
Bitcoin
_BTC_ and Litecoin _LTC_.
Halving
It refers to the mechanism that the
bitcoin
block reward will be reduced by half every 210,000 blocks, so as to the control the supply and maintain the value of the currency.
Byzantine Generals Problem
Proposed by Leslie Lambert in 1982, it is the fault-tolerant problem of peer-to-peer network.
Bitcoin
solves this problem by Proof of Work Consensus.
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