A mining rig is a piece of equipment specifically designed for the purpose of mining cryptocurrencies.
Monthly Archives: November 2023
An alternative term to Fish, referring to an individual with a small crypto investment, is Minnow.
Minting refers to the act of creating fresh coins through the proof-of-stake mechanism and subsequently introducing them into circulation for trading purposes.
A sequence of words that is used to access or restore your cryptocurrency assets is known as a mnemonic phrase. This mnemonic phrase serves as a key to unlock and regain control over your digital assets. It is a crucial component in the world of cryptocurrency, providing a secure and convenient way to manage your funds. By memorizing and safeguarding your mnemonic phrase, you can ensure the safety and accessibility of your crypto assets.
Mnemonics, also known as memory aids, are designed to assist in the process of recalling information. These aids utilize various systems, such as letters or associations, to enhance memory retention. One example of a mnemonic is the mnemonic phrase, which is a specific type of mnemonic that is used to remember a sequence of words or information.
A mobile wallet refers to a cryptocurrency wallet that is installed on a mobile device.
Money laundering is a method employed by illicit enterprises to conceal their funds from law enforcement agencies.
The Money Market is a financial market that facilitates short-term lending and borrowing activities.
Multi-Party Computation (MPC) is a cryptographic technique that divides computational tasks among multiple parties, ensuring that no single entity has access to the data of other parties.
Multi-Party Computation as-a-Service is a unique business model that allows consumers to rent MPC nodes from a service provider rather than purchasing or constructing them independently.