MilliBitcoin, also referred to as μBTC, is a subdivision of Bitcoin that corresponds to one-thousandth of a BTC. Bitcoin is widely recognized as the most renowned and valuable cryptocurrency globally.
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Micropayment refers to a minute online transaction, which can be as tiny as a fraction of a cent.
In the financial sector, a digital asset with a very small market capitalization is commonly known as a micro-cap stock/asset/cryptocurrency.
Monetary Policy refers to a collection of regulations established by a nation’s central bank to manage the availability of money.
The central bank responsible for managing the money supply and regulating interest rates, inflation rate, and currency value in Singapore is known as the Monetary Authority of Singapore (MAS).
Metaverse-as-a-Service (MaaS) is an innovative technological solution that enables individuals to construct their own metaverses.
Mid Cap refers to a metric calculated through a mathematical formula to assess the market worth of a digital currency. It specifically focuses on cryptocurrencies with a market capitalization falling between $1 billion and $10 billion.
Mimetic Theory is a comprehensive framework that elucidates the intricacies of human behavior and culture. When examined within the context of economics, it delves into the process by which objects and concepts acquire desirability among individuals.
Microtransactions are a type of business model that allows users to make small payments in exchange for various digital goods and services. These goods and services can include things like individual pages of an ebook or virtual items within a game. This model has gained popularity in recent years and offers a convenient way for users to access and enjoy digital content.
A cryptographic tree structure known as a Merkle Tree is used in cryptography. This tree structure has leaf nodes that are assigned with the hash of a data block, while non-leaf nodes are assigned with the cryptographic hash of the labels of its child nodes. The Merkle Tree is an important concept in cryptography and is widely used for various purposes. It provides a secure and efficient way to verify the integrity and authenticity of data. The structure of the Merkle Tree ensures that any change in the data will result in a different hash value, making it easy to detect any tampering or modification. This makes it a valuable tool in ensuring the security of data in various applications.