Mnemonic Phrase
By CoinGecko | Updated on Mar 03, 2020
A mnemonic phrase (also known as mnemonic seed, or seed phrase) is a list of words used in sequence to access or restore your cryptocurrency assets. It should be kept secret from everyone else. It is a standard in most HD wallets.
Related Terms
Market Maker
Participant of the market who creates buy and orders
Hyperledger (Hyperledger Foundation)
Hyperledger is an open source collaborative effort to create blockchain technologies hosted by The Linux Foundation since 2016.
Mt. Gox
Mtgox or Mt. Gox was one of the first websites where users could take part in fiat-to-bitcoin exchange (and vice versa).
Off-chain
It refers to transactions occuring outside the blockchain and executed instantly.
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