51% Attack is a situation where one single attacker has more than 50% of the total network processing power. In such case, the attacker could perform a double spend, amongst other things. Bitcoin (and most other cryptocurrencies) is designed with the belief that a single attacker will never have more than 50% of the total network … Continued
An address is something to which and from which you can send and receive cryptocurrencies. It consists of a long series of numbers and letters. You can tell others about your address by just sharing the series or display a QR-code. As an example, these are our donation addresses: BTC: 1DUgZuapmoPeDdDisbmVKfgx6jVpoKCL8a ETH: 0x1FB681385C894eAa5395ee55D22E2212EE2E1c19
Airdrop is an ICO distribution method that occurs via a hard fork attempt, free of charge. Airdrops can come as a surprise or be announced beforehand.
An algorithm is a problem-solving method. The problems solved by algorithms (or “algos”) are normally related to data processing or calculation. You can also use algos ti manipulate data in different ways. Examples of such manipulations could be insertion of new data items, searches for specific data items or sortings of specific data items.
Altcoin generally means any cryptocurrency other than Bitcoin or Ethereum (although there are some people that still claim that Ethereum is an altcoin). For a Swedish explanation of the word “kryptovaluta” for the Swedes out there, see here.
Anarcho-capitalism is a philosophy in politics that thinks that you should remove centralized solutions (such as banks). When removing the centralized solutions, you should replace them with self-ownership, free markets and private property, and thus eliminate intermediaries. Among the early adopters of Bitcoin, anarcho-capitalism was a strong school of thought. This was because it was … Continued
ANN is short for announcement and most commonly refer to announcements of a new ICO or a new product or service on the forum Bitcointalk.
Anti-Money Laundering (AML) refers to a set of internationally recognized rules (for the European Union, the relevant legal basis is “Directive (EU) 2015/849 of the European Parliament and of the Council of 20 May 2015 on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing, amending … Continued
API is an acronym for Application Programming Interface. API is a set of rules, protocols and tools for creating software applications. The APIs themselves detail how different software components shall interact. For instance, what data to use and what actions a specific unit shall take. An example of an appreciated API is the API from … Continued
Arbitrage means taking advantage of a difference in price of the same commodity on two different exchanges. For instance, if a cryptocurrency is being sold for USD 10.00 at Exchange A, and being bought for USD 10.50 at Exchange B, the arbitrage opportunity would be to buy the cryptocurrency at Exchange A and then immediately … Continued