• Cryptocurrencies: 7 545
  • Market Cap: 394 565 334 984 $
  • 24h Vol: 86 629 265 661 $
  • BTC Dominance: 63.003891102385 %

Glossary

Block Explorer

An online tool to view all transactions that has taken place on the blockchain, network hash rate and transaction growth, among other useful information.

Block Height

The number of blocks preceding the block in question on the blockchain, or can be thought of as total blocks in the chain before this point.

Block Reward

An incentive for a miner who successfully calculates a valid hash in a block during mining. By contributing to the security and liveness of the chain, the miner is rewarded with this incentive, ensuring that miners continue to act in the best interest of the blockchain by legitimately taking part in the process (instead of hacking it).

Bollinger Band

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.

Bots

Automated trading software bots that execute trade orders extremely quickly, based on a preset algorithm of buy-and-sell rules.

Brute Force Attack (BFA)

A method of trial-and-error, in which automated software generates and tries a large number of possible combinations in order to crack a code or key.

Bubble

A bubble describes a situation where market participants drive prices up above their value, which is usually followed by a steep, rapid drop in prices as the market corrects.

Bug Bounty

A reward offered for finding vulnerabilities and issues in computer code. It is often offered by cryptocurrency companies like protocols, exchanges and wallets to identify potential security breaches or bugs before they are exploited by unfriendly parties.

Bull

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. *see Bear.

Bull Trap

A false market signal where the declining trend of an asset appears to be on the upturn, but does not actually materialize, leading bulls to lose money after going long.