Seed
By CoinGecko | Updated on Mar 03, 2020
Seed (or seed keys / phrase) are used in deterministic wallets to allows users to easily remember, backup, and restore a wallet. This scheme is used in most bitcoin wallets that implement BIP 32.
Related Terms
Algorithm
Algorithm is a set of rules to follow to solve a problem or conduct a task.
Sell wall
Anomalously large sell order(s) at a single price point that reflects as a "wall" in the order book.
Central Bank Digital Currency (CBDC)
It is a digital fiat currency issued by the central banks, contrary to cryptocurrency that issued by non-legislative party.
Centralized
An organization structure wherein a small handful of actors have control over the entire network.
Interested to stay up-to-date with cryptocurrencies?
Get the latest crypto news, updates, and reports by subscribing to our free newsletter.
Or check it out in the app stores
