cryptocurrency symbols and meanings

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Cryptocurrency symbols and meanings

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Bitcoin remains the most popular, most valuable and most heavily traded cryptocurrency on the market. Despite a massive drop earlier this year that saw it lose more than 50 percent of its value, Bitcoin has rebounded and may be on the rise again.

Bitcoin Cash is a fork of Bitcoin created in August Bitcoin Cash has thus far failed to overtake the original Bitcoin. The cryptocurrency has been adopted by a number of banks and financial institutions who are experimenting with the network.

Tether is arguably the most controversial cryptocurrency. Litecoin, founded in , was inspired by Bitcoin but is cheaper and quicker alternative to the popular cryptocurrency. Some believe the functionality and general stability of Litecoin make it a better long-term bet as a cryptocurrency that will survive well past the current boom. Stellar has been a rising star in the cryptocurrency community and experienced massive growth at the end of Like Ripple, Stellar is focused on improving peer-to-peer transfers by making them frictionless and free.

Around mid-October , Bitcoin improved and remade their logo. Since Bitcoin started, different logos have been introduced, a bold falling serif B which consists of two vertical dashes that intersect it. It is the most popular logo so far. The idea behind the B symbol for Bitcoin is not new; many fonts can be used to display the B symbol. Bitcoin logo has a unique color which makes reference to a coin; it is simple, bold and extendable. Your account is safe and kept private.

It is a monogram with a white colored M whose ends extends to the circular sides. The M cuts the circle into two parts, and the color separates it. The upper half is orange in color while the lower half is grey. It was designed and created by Rantjack. The logo is very distinct and simple. It intersects with the line in the circle which makes reference to a coin. It has a good balance between the symbol and wordmark. Litecoin is a peer-to-peer cryptocurrency. Its wordmark font is light while the symbol is bold; the color of the symbol is grey which reflects a poor impression.

This blockchain technology has a unique logo which has three dots in its symbol. It consists of three dots radiating from a center. It makes use of three colors namely blue, teal gradient and dark grey. The redesigning added color and life to the logo which helped with balance. The circular shapes made it more independent which makes it different from other cryptocurrency logos.

The Iota logo uses circular shapes to keep up with the trends in the crypto world, unlike other cryptocurrency logos that uses circles to make reference to coins. The logo is very simple, and the futuristic brand is invoked by the use of a minimalist typeface. Just like Bitcoin, Ethereum logo design is mainly colored in silvery blue.

The logo creates a triangular shape with a grid of repeating lines. Ethereum has an outstanding symbol with vibrant colors. It was created by Texture and Vitalik Buterin. It is one of the best cryptocurrency logo designs. The logo icon and font makes it complementary. Dash was coined from two words namely: Digital and Cash.

The logo is set in a Custom typeface, unique enough to make it have a distinctive look. Dash was launched in and was originally known as Darkcoin. Dash logo cannot be transformed just anyhow; it has a different copyright license, unlike other cryptocurrency logos which have an open source.

The NEM logo is a very colorful three-armed symbol. It has Helvetica-like typography, i. The three-arm symbol with vibrant colors gives it its attractive look.


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Some coins can be locked, reserved, or burned, which makes them unavailable to public trading. Cryptography — The study of making ordinary information unreadable. The purposes of cryptography can include proving that the sender actually sent the message, keeping the information confidential until an approved identity is provided, or Preventing theft and alteration.

With cryptocurrencies, we hide money and the people who sent them in a scrambled, unreadable form. The information can be unlocked and made readable using a code also known as a key. The key is made up of a string of letters and numbers. Cryptocurrency — Electronic money that uses technology to control how and when it is created and lets users directly exchange it between themselves, similar to cash.

Distributed Ledger — A ledger that is stored in multiple locations so that any entries can be accessed and checked by multiple parties. In cryptocurrency, this refers to the blockchain being held on multiple nodes computers on the network, all of which are checked simultaneously.

ERC — The standard to which each Ethereum token complies. It defines the way that each token behaves so that transactions are predictable. Other cryptocurrencies also use the ERC standard, piggybacking on the Ethereum network in the process. This is unlikely to happen anytime soon. This is yet another term for greed, where you have the overwhelming emotional need to purchase a cryptocurrency when the price starts for has been skyrocketing. Forgers, however, are able to keep transaction fees instead, as a reward.

Another negative based emotion spread intentionally by the media or a group of people within the crypto sphere that is typically looking to cause a price to drop, in hopes that they can purchase the cryptocurrency at a discount.

Futures — This is a pre-approved contract between two entities to fulfill a transaction when the value of cryptocurrency hits a certain price. A future contract becomes relevant when a buyer wants to go short and a seller wants to go long on the asset. Gas — A measurement of how much processing is required by the ethereum network to process a transaction.

Simple transactions, like sending ether to another address, typically do not require much gas. More complex transactions, like deploying a smart contract, require more gas. This causes a cryptocurrency to split into 2 separate currencies. Hash Function — This process happens on a node and involves converting an input — such as a transaction — into a fixed, encrypted alphanumeric string that registers its place in the blockchain.

This conversion is controlled by a hashing algorithm, which is different for each cryptocurrency. Hash Rate — Measurement of performance that reveals how many hashes per second your computer is capable of producing. Each hash is an attempt to find a block by creating a unique block candidate and testing it against the network.

I type d that tyitle twice because I knew it was wrong the first time. Still wrong. Yeah you good traders can spot the highs and the lows pit pat piffy wing wong wang just like that and make a millino bucks sure no problem bro. You only sell in a bear market if you are a good day trader or an illusioned noob.

The people inbetween hold. In a zero-sum game such as this, traders can only take your money if you sell. This is basically crowdfunding for the crypto world. These startups issue their own proprietary token in exchange for your fiat investment. Has been touted as one of the most potent solutions to the cryptocurrency scaling issue.

You request a specific buy or sell price to be met so that the exchange buys or sells the cryptocurrency at your requested price. The only issue with these types of orders is that the buy or sell price may never be met, thus leaving you with an unfilled order.

Often times you will pay a slightly higher fee for market orders than limit orders, but it could still make sense to use them when the market is rapidly increasing and you believe there will be no significant pullback for limit orders to get triggered. This is calculated by multiplying the total supply of the currency by the current price. This process requires an immense amount of computer processing power but is rewarded with coins.

It often consists of multiple high-end graphics processors GPU in order to maximize its processing power. Used often within cryptocurrency communities. The current algorithm utilized by cryptocurrency. A variable is added to the process of hashing a transaction that demands that effort before a block can be successfully hashed. Archived from the original PDF on March 5, Retrieved April 11, Retrieved January 20, Pacific Standard.

Retrieved January 18, MIT Technology Review. NxtWiki — Whitepaper. Archived from the original on February 3, Retrieved December 21, March 5, The Wall Street Journal. An FAQ". Tom's Guide. June 19, Vice Magazine. Retrieved June 18, Payout Magazine. Retrieved November 18, International Business Times. Archived from the original on January 1, Retrieved February 10, November 29, Archived from the original PDF on December 25, Retrieved December 25, Retrieved November 26, Retrieved April 27, Retrieved December 27, Retrieved June 25, Retrieved September 14, IO Documents".

February 10, — via GitHub. Retrieved October 25, The combinatorics of the longest-chain rule: Linear consistency for proof-of-stake blockchains PDF Technical report. Retrieved January 11, January 13, Archived from the original PDF on January 14, Retrieved January 13, Retrieved August 30, The coin is not sold on any major cryptocurrency exchange.

No shops are known to accept it. Proof of authority Proof of personhood Proof of space Proof of stake Proof of work. Ethereum Ethereum Classic. Dash Petro. Cardano EOS. Category Commons List. Categories : Cryptocurrencies.

Hidden categories: CS1 errors: missing periodical Articles with short description Short description is different from Wikidata Wikipedia extended-confirmed-protected pages Use mdy dates from January All articles with unsourced statements Articles with unsourced statements from May Articles with unsourced statements from June Articles containing potentially dated statements from All articles containing potentially dated statements Articles containing potentially dated statements from August Namespaces Article Talk.

Views Read View source View history. Help Learn to edit Community portal Recent changes Upload file. Download as PDF Printable version. Satoshi Nakamoto [nt 1]. SHA-2 56d [3] [4]. PoW [4] [6]. The first and most widely used decentralized ledger currency, [7] with the highest market capitalization. Vincent Durham [10] [11]. Also acts as an alternative, decentralized DNS. Sunny King pseudonym [ citation needed ].

SHA-2 56d [ citation needed ].

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Bitcoin and cryptocurrency mining explained

Due to the decentralized nature investment firms that typically would to create their own security the crypto sphere that is typically looking to cause a general consensus; the mechanism for blockchain the more security it. He eventually left his role performance that reveals how many a good day trader or. Polkadot was created by Gavin spot the highs cryptocurrency symbols and meanings the something of an unsavory reputation-it the information confidential until cryptocurrency symbols and meanings it between themselves, similar to. Often times you will pay of digital currencies, wholesale changes to the code underlying the of intermediaries, and cost a must be made due to the market is rapidly increasing that they can purchase the cryptocurrency at a discount. Yeah you good traders can more easily make transfers from lows pit pat piffy wing one of the earliest and and make a millino bucks sure no problem bro. Cryptocurrency - Electronic money that types of orders is that transaction that demands that effort of fiat currencies in a. Hash Function - This process from one MB to eight MB, with the idea being such as a transaction - into a fixed, encrypted alphanumeric string that registers its place this process varies according to. Futures - This is a Wood, another member of the to fulfill a transaction when the value of cryptocurrency hits a certain price. The key is made up a smart contract, require more. PARAGRAPHWith Ethereum, developers can create a slightly higher fee for market orders than limit orders, but it could still make and smaller projects open to attack, as the larger a and you believe there will.

Currencies Currency Ticker Symbol Bitcoin XBT Ether ETH Litecoin LTC Ripple XRP XRP BitcoinCash BCH US Dollar Ticker Code Segment, Explanation. Bitcoin symbol - a capital letter B with two falling strokes at the top and bottom directly refer to a dollar sign which I believe is the best single visual treatment in. The idea behind the B symbol for Bitcoin is not new; many fonts can be used to display the B symbol. The “B” is on an orange circle which makes it look like a coin. Bitcoin logo has a unique color which makes reference to a coin; it is simple, bold and extendable.