Node
By CoinGecko | Updated on Mar 03, 2020
Within the blockchain network, the nodes are computers that connect to the network and have an updated copy of the blockchain. Together with the miners they are the guarantors that the network works properly. The nodes in Bitcoin are very important because they help the mission of keeping the network decentralized.
Related Terms
Market capitalization (market cap)
In Crypto, market cap is measured by multiplication of the circulating supply of tokens or currency and its current price
REKT
A shorthand slang for “wrecked”, typically describes bad trades that results in losses.
Decentralized
A system where there are no centralized points of failure or organization with no central authority figure.
Wash Trade
Meaningless back and forth trading between a single party with the aim of inflating trade volume.
Interested to stay up-to-date with cryptocurrencies?
Get the latest crypto news, updates, and reports by subscribing to our free newsletter.