Glossary

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A black swan event, also known as black swan occurrences, is a metaphor for an unexpected event that has a significant impact.
A file containing information on transactions completed during a given time period. Blocks are the constituent parts of a blockchain.
An application enabling a user to view details of blocks on a given blockchain. Also known as a blockchain browser.
A block header is a unique identifier for a block on a blockchain that is hashed on a continuous basis to supply proof-of-work for mining incentives.
A value describing the number of blocks preceding a given block in the blockchain.
A block producer (BP) is a person or group whose hardware is chosen to verify a block's transactions and begin the next block on most Proof-of-Stake (PoS) blockchains.
The coins awarded to a miner or group of miners for solving the cryptographic problem required to create a new block on a given blockchain.
In blockchain technology, block size refers to the amount of data about transactions a single block in the chain can carry.
Block time refers to the approximate time it takes for a blockchain-based system to produce a new block.
A block trade is a large-scale purchase or sale of securities that occur outside of an open market. It uses blockhouse as a financial intermediary to aid investors with risk management.
A distributed ledger system. A sequence of blocks, or units of digital information, stored consecutively in a public database. The basis for cryptocurrencies.
Blockchain 1.0 is the first generation of blockchain technology, which focuses on cryptocurrency and decentralization.
Blockchain 2.0 is an extension to blockchain 1.0 as it introduced the concept of decentralization of business and markets through smart contracts and improved security and transparency.
Blockchain 3.0 is the final developmental stage of blockchain technology, which predicts global, institutional and enterprise adoption.
A blockchain explorer is simply a search engine allowing users to browse through blockchain records.
The blockchain trilemma is the set of three issues that plague blockchains: decentralization, security and scalability.
Blockchain-enabled smart locks solve many security issues and can be locked or unlocked based on the state of a variable that is embedded in a smart contract.
A tool developed by Bollinger to help in the recognition of systemic pattern recognition in prices; it is a band that is plotted two standard deviations away from the simple moving average, or exponential moving average in some cases.
A bonding curve is a mathematical curve that defines the relationship between the price and the supply of a given asset.
Automated software that can carry out tasks such as cryptocurrency trades.
A cryptocurrency bounty is a reward users receive for performing tasks assigned by a given blockchain or project.
Brave Browser
In the world of cryptocurrencies, breaking the forward compatibility of cryptoassets is seen in hard forks of a cryptocurrency.
Brian Armstrong is the founder of Coinbase, one of the largest cryptocurrency exchanges in the United States.
A blockchain bridge allows the seamless transfer of data or tokens between two different blockchain projects.
A browser extension is a plugin for an internet browser that adds additional features.
An attempt to crack a password or key through automated trial and error.
When an asset is traded at a price exceeding that asset's intrinsic value.
A reward offered for the identification of vulnerabilities in software.
A bug exploit is an attack that take advantage of a system's vulnerabilities.
A person that is optimistic and confident that market prices will increase, this person is also known to be "bullish" about the market or price.
A bull trap occurs when a steadily declining asset appears to reverse and go upward, but soon resumes its downward trend.
Cryptocurrency tokens or coins are considered “burned” when they have been purposely and permanently removed from circulation.
An enthusiastic exclamation by supporters of a cryptocurrency to buy while prices are at a low point.
A buy wall is a disproportionately large buy limit order placed on a cryptocurrency exchange.
Byzantine Fault Tolerance (BFT) is the property of a computer system that allows it to reach consensus regardless of the failure of some of its components.