What is double spending in cryptocurrencies?
Double spending is an attempt to spend the same coins twice. This is a key problem of digital money, which the blockchain solves using a distributed ledger and transaction confirmations.
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What is a decentralized application (DApp)?
A DApp is an application whose backend logic runs on a blockchain through smart contracts, without a single central server or controlling owner. The code is open and operates according to predefined rules.
What is Bitcoin (BTC)?
Bitcoin is the world's first decentralized digital currency, running on blockchain technology without a single issuer or intermediaries. It is the foundational asset of the entire cryptocurrency market.
What is a Bitcoin Investment Trust?
A Bitcoin Investment Trust is a company that invests funds in Bitcoin and takes on its purchase and storage, sparing the investor the technical complexities.
What is BitPay?
BitPay is a payment service that allows merchants to accept payments in Bitcoin and other cryptocurrencies, acting as an intermediary between buyer and seller.
What is BitStamp?
BitStamp is one of the oldest and largest cryptocurrency exchanges, known for high trading volumes and its work with fiat currencies. The platform focuses on reliability and regulatory compliance.
What is a crypto exchange?
A cryptocurrency exchange is an online platform where users buy, sell and exchange digital assets at market prices. It brings buyers and sellers together and handles the settlement of trades.
What is an exchange order in cryptocurrencies?
An exchange order is an instruction to the exchange to buy or sell an asset. It can be executed instantly at the current price or wait until the desired level is reached. It is the basic tool of any trading.
What is blockchain?
Blockchain is a distributed database in the form of a chain of linked blocks. Its records are protected by cryptography and stored on many computers, which makes the data practically immutable.
Who is a blockmaker in a blockchain?
A blockmaker is a professional participant in a decentralized network who stores a full copy of the blockchain and helps maintain its operation, verify transactions and form new blocks.
