Cryptocurrency Terms and Definitions
Hard Fork in Cryptocurrencies
A hard fork in cryptocurrencies is the process of creating a new cryptocurrency that becomes a branch of an already existing cryptocurrency. The new cryptocurrency often has a different technology, a completely different price, and even a different team of developers.
What Is an ICO in Cryptocurrencies
ICO — in cryptocurrencies, this is a kind of presentation of the idea for a new cryptocurrency project, as well as fundraising for the implementation of that project.
What are kefir and efir in cryptocurrencies?
Kefir and efir are nothing other than slang names for the Ethereum cryptocurrency.
What is a cryptocurrency?
Cryptocurrency is an electronic currency which is mined by complex calculations due to the solution of complex mathematical problems.
What is a public key in cryptocurrencies?
The public key is the address of the cryptocurrency wallet.
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