• Cryptocurrencies: 8 763

Glossary

Peer to Peer (P2P)

The decentralized interactions between parties in a distributed network, partitioning tasks or workloads between peers.

Permissioned Ledger

A ledger designed with restrictions, such that only people or organizations requiring access have permission to access it.

Platform

On CoinMarketCap, platform refers to the parent blockchain of tokens. It may also refer to a cryptocurrency exchange on which you may trade cryptocurrencies.

Ponzi Scheme

A fraudulent investment involving the payment of purported returns to existing investors from funds contributed by new investors.

Portfolio

A collection of cryptocurrencies or crypto assets held by an investment company, hedge fund, financial institution or individual.

Pre-mine

When some or all of a coin’s initial supply is generated during or before the public launch, rather than being generated over time through mining or inflation. They may be used for legitimate purposes, such as crowdfunding or marketing.

Pre-sale

A sale that takes place before an ICO is made available to the general public for funding.

Private Key / Secret Key

A piece of code generated in asymmetric-key encryption process, paired with a public key, to be used in decrypting information hashed with the public key.

Proof-of-Authority (PoA)

A blockchain consensus mechanism that delivers comparatively fast transactions using identity as a stake.

Proof-of-Burn (PoB)

A blockchain consensus mechanism aiming to bootstrap one blockchain to another with increased energy efficiency, by verifying that a cost was incurred in “burning” a coin by sending it to an unspendable address.