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Tag: Glossary

Glossary of commonly found crypto terms, acronyms, profiles, and useful resources.

RFI token

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What is RFI token? RFI is an innovative Ethereum token that re-imagines the concept of DeFI yield generation. At its core, RFI charges a 1% transaction fee and re-distributes that fee to existing RFI holders instantly and automatically at the time of each transaction. The reason RFI is interesting is that, while other similar projects have revenue models based on charging a percentage of the assets under management, RFI’s revenue...

Ethereum, Glossary

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Coinbase profile

Coinbase

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Coinbase is the world’s biggest crypto exchange headquartered in the U.S. Coinbase offers buying and selling of more than 50 cryptocurrencies. The advantages include a safe platform, a huge range of supported cryptocurrencies, and the confidence of being regulated by the Securities and Exchange Commission (SEC) of the United States. Coinbase started trading and exchanging bitcoins in 2012. As one of the safest places to purchase, trade,...

Exchanges, Glossary, Trading

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Mainnet

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A mainnet is a fully developed and released version of a blockchain network. This stands in contrast with a testnet, which is generally used to perform tests and experiments on a blockchain before a mainnet is released. Testnets are used while a blockchain is live for experimentation and development as to not disrupt the main chain. How Does a Mainnet Work? There are a few key phases that may occur before the mainnet stage. When a token...

Blockchain, Glossary

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Halving

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A halving, or halvening, is when the payout for mining new blocks is cut in half. Halvings occur at regular periods. It takes approximately four years for Bitcoin’s block reward to be halved. Halving is a system that aims to solve the problem of bitcoin emission. it does this by automatically raising block rewards after a set period of blocks. What exactly is halvening? During a halvening, block subsidies or incentives for...

Glossary, Staking

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Impermanent Loss

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It is possible to suffer an impermanent loss if the value of tokens stored in an algorithmically balanced liquidity pool declines in relation to assets traded on the open market as a result of price fluctuation. The loss is referred to as ‘impermanent’ since the tokens’ original value may be recovered if the liquidity pool is brought back into equilibrium. A permanent loss is one that cannot be recovered. For instance, if...

Glossary

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