{"id":1105,"date":"2021-11-02T20:29:18","date_gmt":"2021-11-02T20:29:18","guid":{"rendered":"https:\/\/sydka.com\/token\/?page_id=1105"},"modified":"2021-12-05T00:53:14","modified_gmt":"2021-12-05T00:53:14","slug":"learn-about-crypto","status":"publish","type":"page","link":"https:\/\/sydka.com\/token\/more\/learn-about-crypto\/","title":{"rendered":"Learn about Crypto"},"content":{"rendered":"\t\t
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Learn about Cryptocurrency<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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(Note: This article shouldn’t be taken as financial, investment, or tax advice)<\/p>\n

Crypto Glossary<\/b>
The world of crypto has its own specialised vocabulary. Here’s a cheat sheet to get you started. <\/p>\n

– Altcoin<\/b>
Altcoins are cryptocurrencies other than Bitcoin (BTCUSD). They share characteristics with Bitcoin but are also different in other ways. For example, some altcoins use a different consensus mechanism to produce blocks or validate transactions. Or they distinguish themselves from Bitcoin by providing new or additional capabilities, such as smart contracts or low price volatility.<\/p>\n

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– Crypto\/cryptocurrency
<\/b>A cryptocurrency is a digital or virtual currency that is secured by cryptography, which makes it nearly impossible to counterfeit or double-spend. Many cryptocurrencies are decentralized networks based on blockchain technology\u2014a distributed ledger enforced by a disparate network of computers. A defining feature of cryptocurrencies is that they are generally not issued by any central authority, rendering them theoretically immune to government interference or manipulation.<\/p>\n

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– Decentralised\/Decentralized<\/b>
In a decentralized market, technology enables investors to deal directly with each other instead of operating from within a centralized exchange. Virtual markets that use decentralized currency, or cryptocurrencies, are examples of decentralized markets.<\/p>\n

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– Fork\/Hard Fork<\/b>
Forks may be initiated by developers or members of a crypto community who grow dissatisfied with functionalities offered by existing blockchain implementations. They may also emerge as a way to crowdsource funding for new technology projects or cryptocurrency offerings.<\/p>\n

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– Halving<\/p>\n

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– Hodl<\/p>\n

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 Mining<\/p>\n

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– Volatility<\/p>\n

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– Whale<\/p>\n

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– When Lambo<\/p>\n


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Source: investopedia<\/p>\n

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