What is x2 in cryptocurrencies?
x2 denotes a twofold increase in an amount or profit. Here "x" is a multiplication sign, so x2 means a twofold growth relative to the initial value.
What is difficulty in cryptocurrencies?
Difficulty is a network parameter that governs how hard it is to find a new block. It automatically adjusts to the network's total power, keeping the block issuance time stable.
What is a smart contract in cryptocurrencies?
A smart contract is a software algorithm on a blockchain that automatically executes the terms of an agreement. It works without intermediaries and triggers only when the specified conditions are met.
What is solo mining in cryptocurrencies?
Solo mining is independent cryptocurrency mining in which a miner works alone and does not pool their power with other participants. The entire reward for a found block goes to them in full.
What is a wick ("soplya") on a cryptocurrency exchange?
A wick is exchange slang describing a sharp and very rapid drop in an asset's price over a short period of time, usually within one or two candles on a minute timeframe.
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