Post
Topic
Board Bitcoin Discussion
Re: Bitcoin vocabulary
by
UsernameBitcoin
on 08/10/2017, 17:16:53 UTC
I am actually getting a grip on some of the terms used here. So far here are the terms I am familiar with:
1. Volatile - swinging of prices in extreme ends or prices suddenly change?
2. Fiat - usually refers to paper money
3. Altcoins - coins aside from bitcoin

Can you share some of the terms you know? It would be a very big help to widen each others bitcoin vocabulary.
Thank you very much!

Exchange - somewhere to trade cryptocurrencies

Wallet - where you hold and send/request Bitcoin

Fork - when a copy of the blockchain is made and changes are also made to the code to create a new (and often improved) coin