Understanding Crypto Words Q-Z

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QR Code—code that contains information which can be read by a camera or device

Quantitative Easing—increasing money supply from a central authority.

Quantum Computing—advanced computing which does extreme complex problems where they are solved quickly.

Quantum Resistant Tokens—(QRT)tokens resistant to attacks from quantum computing using Quantum Resistant Ledger.

Reddit—aggregates wide range of topics.

Remittance—transfer of currency across a large distance.

Reserve Manager—one that contributes tokens.

Ripple—platform connecting banks, payment providers and digital asset exchanges to provide frictionless transactions.

Smart Media Token—digital asset on the Steem blockchain which can by launched by any user for the purpose of monetizing online content.

Soft Cap—minimum amount of funds a crypto founder wishes to raise for an ICO.

Stop Order—or stop-loss order; an order to buy or sell a stock when it reaches a specified price or stop price.

Trader—one who buys and sells various commodities, in this case cryptocurrency.

Trustless—a system that is trusted without the need for trusting individuals with which you are transacting.

Transaction Fee—fee paid to transfer value (on a blockchain.)

Tangle—consensus method which allows users to transact anonymously and use little electricity.

Tokenize—creating digital assets that represent physical assets.

Trezor—first hardware wallet.

Trading Bot—a preprogrammed software program to buy, sell, short, song or execute other trading actions when owner is not present.

Total Coin Supply—the supply of coins given to cryptocurrency which can exist after all mining is completed.

Taint—a measurement which describes strength between an address and an earlier transaction address.

Two-Factor Authentication—2FA—a process of securing and protecting accounts. Users must have a username and password to login plus extra information.

Testnet—identical version of a protocol that uses fake money to discover bugs; use on Mainnet protocol.

Tether—a type of coin which is tethered or paired one-to-one with the U.S. dollar.

Turing Completeness—performing a complete set of computational functions.

TradFi—Traditional Finance—retail, commercial and investment banks.

Timestamp—identifying the moment in time when a transaction occurs.

Trade Volume—the measure of the trading volume bought and sold over a specified time.

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Unbanked—a person which has no bank account whatsoever.

Unicorn Investor—one who invests over $1 Billion.

Unstoppable Code—software which changes the environment after it is released; irreversible.

Utility Token—currency unit consumed in a process.

Vanity Address—address holding cryptocurrency; can choose specific words or phrases like license vanity plates.

Velocity of Money—the rate at which currency is exchanged from transaction to transaction.

Venture Capitalist—a person who invests in emerging projects or companies hoping to have a large return.

Virgin Coin—coin that is mined and left; never spent.

Volatility—the measure of how rapidly an asset fluctuates in price.

Wallet—software or device which contains public and private keys to store cryptocurrency and Bitcoin.

Wallet.dat—a filename that stores the public and private keys for a full node.

Whale—wealthy person or entity who often makes large trades as to move the market.

Whitelist (ICOs)—approved participants having to do with an ICO. Since those investors need to be registered, participants must comply with all regulations.

White Paper—document which outlines a project’s features, ideas, technologies, and vision.

Wire Transfer—electronic transfer of money sent from one person to another.

Zero Confirmation Transaction—a pending payment on a blockchain which has been broadcasted.

Zerocoin—uses Bitcoin protocol but offers increased anonymity in transactions.

Z-Score Formula—a formula used to make predictions with supplied data on how financially secure a business is.