Friday 30 April 2021

DISCLAIMER

 

HUGE DISCLAIMER FROM THE REAL VEXEDINC (VEXEDCOIN)

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VexedInc, Created And Maintained by  VEXEDCOIN


We created this Cryptocurrency Business, And One Of Our Main Goals Is To Take Crypto To The Next Level, Through Global Mass Adoption. Plus Much More. The following Website Below, Has not only stolen our Name, But Also Stolen Our Idea's.

This Text And Idea Was Stolen From Us,  As We Planned To Use This Text On Our Main Business Website >>>>VEXEDCOIN The Next Generation Blockchain For Mass Adoption


THIS IS THE WEBSITE THAT HAS TAKEN OUR IDEA'S, BUSINESS MODEL, AND PART OF OUR NAME >>>>  https://vexanium.com - VEXEDCOIN WAS CREATED OVER 5 YEARS NOW BY Vexed Inc. - CEO (Anthony Hart) IF YOU SEARCH THE WORD - VEXEDCOIN ON GOOGLE YOU WILL SEE ALL OUR CONTENT, AND THE DATES AND TIMES OUR CONTENT WAS POSTED ON.

(WE HAVE SO MANY PLANS FOR VEXEDCOIN, AND NOW WE HAVE TO PLACE IT ON HOLD, UNTIL THIS ISSUE IS RESOLVED)


VEXEDCOIN will be taking this further as soon as possible. There will be future posts and updates added to this Blog (Website) All The Time, So Please Check Back If You Would Like To Know More. 

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Saturday 2 January 2021

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Monday 2 March 2020

History of Bitcoin cryptocurrency


History of Bitcoin (BTC)

Bitcoin BTC is a decentralized cryptocurrency created in 2008 by the pseudonymous Satoshi Nakamoto. This account resumes the whole history of Bitcoin since 2008 to 2017 and 2018.

On 18 August 2008, the domain name Bitcoin was registered.

Later that year on October 31st, a link to a paper authored by Satoshi Nakamoto titled Bitcoin: A Peer-to-Peer Electronic Cash System was posted to a cryptography mailing list. 

On the 9th of November, the Bitcoin project was registered at the open-source-projects community resource, SourceForge

How much was bitcoin worth in 2009? 

The value of the first bitcoin transactions were negotiated by individuals on the bitcoin forum with one notable transaction of 10,000 BTC used to indirectly purchase two pizzas delivered by Papa John's. This was the only major security flaw found and exploited in bitcoin's history. Based on bitcoin's open source code, other cryptocurrencies started to emerge.

On June 13th, 2011 the first bitcoin theft occured. User allinvain reported 25 thousand coins (375 thousands USD) were stolen.

Through time, the number of businesses accepting bitcoin continues to increase. 

In January 2017, NHK reported the number of online stores accepting bitcoin in Japan had increased 4.6 times over the past year. 

BitPay CEO Stephen Pair declared the company's transaction rate grew 3× from January 2016 to February 2017, and explained usage of bitcoin is growing in B2B supply chain payments. 

In 2017 Bitcoin gains more legitimacy among lawmakers and legacy financial companies. For example, Japan passed a law to accept bitcoin as a legal payment method, and Russia has announced that it will legalize the use of cryptocurrencies such as bitcoin. And Norway’s largest online bank, Skandiabanken, integrates bitcoin accounts.

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CHECK OUT THE REST OF THIS BLOG FOR EVEN MORE CONTENT ABOUT BITCOIN AND MANY OTHER CRYPTOCURRENCY'S

Saturday 1 February 2020

Bitcoin (BTC) Terms


Just some of the well known Bitcoin BTC Terms



Blockchain

Bitcoin

Ethereum

ZCash

Smart Contract

Decentralized Ledger

Public Ledger

Private Ledger

Peer-to-peer network

Centralized storage

Solidity (Language for writing Smart Contracts)

Use cases of Blockchain

Genesis Block

Mining

Miner

Rewards

Merkel Root

Signing a Transaction

Hard Fork

Blockchain Attacks

51% Attack & Eclipse Attack

Blocknet

Hashpower

Gas

Blockchain Explorer

Transaction

Cryptocurrency

Cryptography

Public & Private Key (PKI Infrastructure)

Symmetric   

We will also be adding the meaning's to these terms very soon. 



Tuesday 24 December 2019

Indepth Cryptocurrency Glossary



GLOSSARY


(A)

Address

Just as an email address is needed to send and receive an email, an address is needed to send and receive cryptocurrency. It can be shared publicly by text or in the form of a QR code.

Airdrop

An airdrop is a marketing tactic whereby a cryptocurrencyor token is distributed to an audience, usually in exchange for performing a simple task, like sharing news, referring a friend, or by virtue of owning a certain coin.

All-time-high

All-time-high refers to the highest point, in terms of price or market capitalization, that a currency has ever reached in its history.

All-time-low

All-time-low refers to the lowest point, in terms of price or market capitalization, that a currency has ever reached in its history.

Altcoin

Every cryptocurrency or token other than Bitcoin.

AML

AML stands for anti-money laundering, which constitutes a set of international laws poised to stop criminals from laundering their money.

Anti-virus software

Anti-virus software, sometimes referred to as anti-malware software, scans your device to detect and restrict the spread of malware.

API

API stands for Application Programming Interface. It is a tool that specifies how different software components should interact.

Arbitrage

Arbitrage is a practice where traders take advantage of the price difference of the same asset in two different markets.

Atomic Swap

An atomic swap is a way by which people can directly exchange one digital asset for another on a different blockchain, or off-chain, without any third party involved.

(B)

Backdoor

A backdoor is a gateway into your computer or mobile device through which hackers can connect to your machine to infect it with malware.

Bear

A bear refers to a person who is pessimistic about the future of a digital asset, expecting the price to decline. You can also say someone is ‘bearish’ about the market or price.

Bear trap

A bear trap is a technique used by a group of traders, to manipulate the market. It entails selling a large quantity of a currency at the same time, causing a selloff by other traders, and then quickly buying back in at a lower price. As the market recovers, they can make a profit.

Bearwhale

A bearwhale refers to a heavy trader who is pessimistic about the future of a digital asset, or selling large amounts of coins.

Benchmark

A benchmark is a measurement standard used to determine the performance of an asset, portfolio, or market.

BFT

BFT stands for Byzantine Fault Tolerance. It is a characteristic that defines a fault-tolerant system, capable of reaching consensus, in spite of a situation where communication between participating parties cannot be trusted or verified.

Bid price

The bid price refers to the value buyers offer for an asset.

Bid-ask-spread

The bid-ask-spread refers to the price difference between the lowest asking price and the highest bid price in an order book.

BIP

BIP stands for Bitcoin Improvement Proposal. It is a common procedure to propose changes and additions to the Bitcoin code.

Bitcoin ATM

A Bitcoin ATM, sometimes called a BTM, is a Bitcoin Automatic Teller Machine, where people can buy or sell Bitcoin for cash.

Bitcoin cash

In August 2017, a group of Bitcoin enthusiasts changed the consensus rules of Bitcoin. Since only a few miners and participants followed them, the network forked.

Block

A block, on the blockchain, is simply a collection of transactional records. Each block references the block before it, forming a long chain all the way back the first block.

Block reward

For each block that a Bitcoin miner finds, an amount of Bitcoin is created ‘from nothing’. The miner gets to keep these newly minted coins and is then free to sell them. In addition, the miner also gets to keep all of the transaction fees. In the future, when all 21 million Bitcoins that can ever exist have been mined, the sole incentive for miners to maintain the blockchain is to win transaction fees.

Bollinger Band

This refers to a tool used to recognize patterns in price movements, which may help to predict future price movements.

Bot

A bot, or trading bot, is automated trading software that can execute trading orders very fast, based on a preset of buy-and-sell rules.

Broadcast

When signing a transaction, or mining a block, the data is broadcast to the entire network, so that everyone can know what transactions have taken place on the blockchain.

BTC

BTC is short for Bitcoin.

BTM

BTM is a commonly used name for a Bitcoin ATM.

Bubble

A bubble describes a condition where a hype drives the market price up, way beyond its actual value. It is usually followed by a steep, rapid market correction downwards.

Bull

A bull is a person who is optimistic about the future of a coin, or market, expecting prices to rise, and trades accordingly. You can also say someone is ‘bullish’.

Bull market

A bull market describes a positive trend in market prices.

Bull trap

A false signal in the market where it appears as if an asset’s price is picking up, but actually doesn’t, leading bulls to make a loss.

Buy wall

A buy wall is created when a large buy order, or multiple buy orders at the same price, are placed, making it difficult for a price to move the wall’s value.

BTFD

An expressive call by supporters of a certain asset to buy when prices are at a low point.

Bitcoin Civil War

The Bitcoin Civil War refers to a dispute over block size increase. It resulted in the creation of Bitcoin cash and the activation of SegWit on the Bitcoin chain.

Byzantine’s General Problem

The Byzantine Generals’ Problem describes a situation where consensus needs to be reached, while communication between the parties involved cannot be trusted or verified.

(C)

Candlesticks

Candlesticks refers to a graphing technique to show price changes over time. Each candle provides information on the opening price, closing price, the high and low in a given time period.

Centralized exchange (CEX)

A CEX refers to an exchange platform maintained by a central entity that acts as a custodian to its users’ funds.

Circulating supply

The total number of coins circulating in the market and in the general public’s hands.

Close

Close refers to the closing price, exactly as it is used with regard to financial stocks.

Coin

A coin is a cryptocurrency that can operate independently from any other platform, and can be traded against other coins or currencies.

Coinjoin

A coinjoin refers to a technique where multiple transactions of different people are mixed together to make it impossible to see which inputs belong to which outputs.

Cold storage

Cold storage refers to any method, such as using a piece of paper or a hardware wallet, to store cryptocurrencies offline.

Cold wallet

A cold wallet is a wallet for digital assets that is not connected to the Internet.

Confirmation

When a transaction is included in a block by a miner, it is confirmed. Each subsequent block, which must always reference the block before it, adds another confirmation. After six confirmations transactions are generally understood to be irreversible.

Correction

A market correction is a significant reverse movement in a digital asset’s price or that of a market as a whole to adjust for over- or under-valuation.

Cryptocurrency

Cryptocurrency is a form of digital money secured by cryptography on a blockchain.

Cryptography

Cryptography is a technique by which information is hidden, secured and authenticated.

Custodial

Custodial, custody, or custodian, usually refers to the storage of keys with respect to wallets and exchanges. A custodial setup describes a situation where a centralized exchange holds its users private keys, while providing users a login account.

(D)

Dark wallet

A dark wallet is a Bitcoin wallet that relies on coinjoin, among other methods, to provide users with extra anonymity.

Days Destroyed

Days Destroyed is a measurement of coins that have not been used for a long time which are suddenly spent. For example, if 100 BTC is kept in a wallet for 365 days, it is counted as 100 x 365 = ‘36,500 days destroyed’.

Dead cat bounce

A dead cat bounce describes a temporary recovery in price after a significant decrease.

Decentralized applications (dApps)

A type of app that runs on a decentralized network.

Decentralized exchange (DEX)

A type of digital asset exchange that is peer-to-peer based, without intermediaries. On this type of exchange, users hold custody over their funds.

Deflation

Deflation refers to a reduction of the general level of prices in a market or economy.

Depth chart

A depth chart shows bids and asks, based on limit orders, indicating the point at which the market is most likely to accept a transaction.

Derivative

A derivative is a contract that gets its value from the performance of an underlying asset, index, or interest rate.

Deterministic wallet

A type of wallet that derives keys from a seed phrase. With this seed phrase, or mnemonic phrase, you are able to back up and restore any wallet.

DLT

DLT stands for Distributed Ledger Technology, and is the technology that underlies distributed ledgers.

Dolphin

A person with a substantial quantity of cryptocurrency, but not enough to qualify as being a whale.

Dominance

Dominance refers to the dominance of a certain asset over a market in terms of market share.

DoS
      
DoS stands for denial of service. It’s a type of attack where a website or network is purposely overwhelmed with automated server requests, causing a shutdown.

Double Spending

The double spending problem refers to a situation where the same money is, illegitimately, spent twice.

Dump

Dump refers the action of selling off all your coins. Dumping refers to collective market selloffs, causing the price to go down.

(E)

EMA

An EMA, or exponential moving average, is a tool for traders to understand trends in the market. It is a weighted moving average, which prioritizes recent price data.

Escrow

An escrow is an agreement whereby a third party collects and releases funds to facilitate a trade between two parties.

Exchange

An exchange is a market place where assets can be traded. Digital asset exchanges specialize in cryptocurrencies.

Explorer

An explorer, or blockexplorer, is a tool that allows anyone to see what’s been stored on a blockchain. It allows you to look up addresses, associated balances, pending and confirmed transactions, and metadata.

(F)

Fee

With Bitcoin, every transaction comes with a fee. All the fees associated with a block is given to the Bitcoin miner who has found the block. In the future, when all 21 million Bitcoins have been found, the transaction fees are the only incentive for miners to keep doing their work and maintaining the blockchain.

Fiat

Fiat currency refers to legal tender, backed by a government. It can come in the form of cash, or electronically in the form of bank credit.

Fiat pegged cryptocurrency

Fiat pegged cryptocurrencies, also known as pegged currencies, is a coin, token, or asset, pegged to the value of a fiat currency. Holders of these coins should always be able to redeem their coins for the same value in fiat.

Fish

A fish, or minnow, is someone who holds small amounts of cryptocurrencies.

FOMO

An acronym that stands for Fear Of Missing Out.

FUD 
    
An acronym that stands for Fear, Uncertainty, and Doubt. 

Fundamental Analysis

Fundamental analysis is a method by which people research the technology, team, and growth prospects in relation to a digital asset, as part of a decision-making process around potential investment or trading.

Futures

A futures contract is an agreement to buy or sell an asset or commodity at a predetermined price at a set time in the future.

(G)

Genesis block

A genesis block is the first ever block on a blockchain.

(H)

Halving

With regard to the Bitcoin blockchain, halving refers to the moment when the amount of newly created Bitcoin per block is cut in half. This happens every 210,000 blocks.

Hardfork

A hardfork refers to any change that widens the existing blockchain ruleset. Unless all participants upgrade their software and follow the upgrade, such a change leads to a chainsplit, also known as a fork.

Hardware wallet

A hardware wallet is a form of ‘cold storage’. It is a hardware storage device where private keys can be kept. It is safer than a ‘hot wallet’ because it is not connected to the Internet.

HODL

HODL is ‘hold’ misspelled. It is sometimes seen as an acronym for Hold On for Dear Life and simply refers to holding on to your coins as part of a long-term investment.

Hot Wallet

A hot wallet is a wallet that runs on a computer or mobile phone and is connected to the Internet.

(I)

Inflation

Inflation is the process whereby prices increase while the purchasing power of a currency decreases.

ICO

ICO stands for Initial Coin Offering. It is a type of crowdfunding.

(K)

KYC

KYC stands for Know Your Customer. It refers to the obligation financial service providers have to verify the identity of customers to prevent money laundering or other illegal activities.

(L)

Ledger

A ledger is a record of transactions and assets.

Leverage

Leverage refers to a loan offered by a broker on an exchange to increase the availability of funds during margin trading.

Lightening Network

The Lightening Network is built on top of the Bitcoin blockchain. By connecting to the network and depositing Bitcoin into smart contracts, transactions can be made with each other for low fees, without being limited by the Bitcoin blockchain.

Liquidity

Liquidity is used to describe how easily a cryptocurrency can be bought and sold without impacting the market, and also how easily a digital asset can be exchanged for fiat currency.

Long

Long stands for buying a digital asset with the expectation of selling it at a higher price later on.

(M)

Maker

A market maker is someone who places an order and waits for someone to fill the order.

Margin call

A margin call occurs when you are trading a coin with leverage and your loss reaches your collateral. When that occurs, you are margin called and your collateral is sold.

Margin trader

A form of trading where a trader uses borrowed funds from a broker to trade a cryptocurrency.

Market Capitalization

Market Cap, or Market Capitalization refers to the total value of an asset’s, or a market’s price.

MACD

MACD is an acronym for Moving Average Convergence Divergence. It is a technical analysis method.

Multisig   
   
Multisig is short for multi-signature. It is a type of address that enables multiple parties to collectively control funds.

(N)

Network

A blockchain network is made up of nodes that may be mining or simply verifying.

Node

A node refers to a device running a Bitcoin client that verifies everything that happens on the blockchain, as well as pass on transactions and blocks to its peers.

(O)

Option

An option is a type of contract which gives a buyer the right, but not the obligation, to buy or sell an underlying asset at a set strike price.

OTC

OTC stands for Over The Counter. It refers to peer-to-peer transactions, often facilitated by an escrow service.

(P)

Pair

When two assets can be traded for one another. For example, BTC/USDT.

Paper wallet

A paper wallet is a piece of paper on which private keys or the seed phrase to an address, is written. It is a form of cold storage.

Peer-to-peer (P2P) 

Peer-to-peer refers to the exchange of data or goods between two peers without any third-parties or intermediaries.

Permissioned Ledger

A blockchain designed to only allow people or organizations to access the ledger if they have permission to do so.

Phishing

Phishing refers to the attempt to steal personal information (such as your password). It is usually done by pretending to represent some official authority.

Pool

A mining pool refers to a group of miners collaborating to find a new block together. Once a block is found, the block reward is divided proportionally.

Portfolio

A portfolio is a collection of assets held by an investment company, hedge fund, financial institution, or individual.

Protocol

In crypto-economics, a protocol refers to the set of rules that determine what makes a valid transaction block, and also how nodes communicate with one another.

Public key

A public key, or wallet address, can be compared to an e-mail address. If someone wants to send you funds, or if you’re withdrawing your funds from an exchange into your wallet, the public key is used as the address.

(R)

Rekt

Rekt stands for wrecked. In relation to trading crypto, it basically means to lose everything.

Relative strength index (RSI)

A form of technical analysis which measures the speed and change of price movements.

(S)

Satoshi

One satoshi is equal to 100 millionth of a Bitcoin, the smallest unit of a Bitcoin. The Lightening Network, which is built to facilitate micro-payments, will allow satoshis to be further divided into milli-satoshis.

Seed

A seed usually consists of a string of words used when deriving keys for a deterministic wallet.

Sell wall

A sell wall represents a situation where a large limit order has been placed to sell an asset. It is sometimes used by traders to create a certain impression in the market, making it difficult for the price to rise above the sell wall’s value.

Short

Shorting is a trading technique where a trader borrows an asset in order to sell it, expecting a further decline in its price. When the price does decline, the short seller will buy the asset and return it to the lender, making the difference in profit.

SMASMA

An SMA, or simple moving average, is a popular technical analysis tool. It is used by traders to identify trend direction in the market.

Smart contract

A smart contract is an incorruptible agreement on the blockchain which performs pre-determined actions when certain conditions are met.

Softfork

A softfork is an update that tightens the rules of the blockchain network.

Spot 

Spot refers to a contract or a transactional trade with settlement taking place immediately.

Stablecoin

A stablecoin is a type of cryptocurrency with its value pegged to another, usually highly liquid, stable asset.

Symbol

A symbol refers to the ticker of a currency. For example, Litecoin’s symbol is LTC.

(T)

Token

A token is most often used to represent deeds, contracts or physical objects. It is a digital unit with utility in mind, rather than being a store of value in its own right.

(V)

Volatility

Volatility refers to how much and fast the price of an asset changes.

(W)

Wallet

A digital assets wallet is used to send, receive, and store cryptocurrency. There are hot and cold wallets.

Wash trade

Wash trading refers to a form of market manipulation where investors create artificial movements in the markets by simultaneously selling and buying the same digital assets.

Whale

A person, capable of impacting the market by trading large amounts of cryptocurrency.

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If There Is Anything Else You Would Like To Know. - Please Feel Free To Leave A Comment Below. - We Will Get Back To You Very Fast With An Answer... 

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