Solidity: A type of cryptocurrency designed to maintain as stable a price as possible. Despite offering the same utility, the form and function of stablecoins differ tremendously. $BAMA | #Bitbama | #R2E.
Node: A participant in a blockchain network that communicates with other nodes to ensure its security and integrity. Nodes are able to validate transactions.
$BAMA | #Bitbama | #R2E.
QMutual Fund: A pool of money contributed by many multiple investors and run by a fund manager. The portfolio of a mutual fund will typically include assets like stocks and bonds.
$BAMA | #Bitbama | #R2E.
Mint: The process of creating a non-fungible token (NFT) via a transaction on the blockchain. When NFT collections launch, the team will typically charge a mint price (e.g. 0.08 ETH) as a way to raise capital. Sometimes, NFT collections will launch via a free mint.
$BAMA
Mining: The process of verifying transactions and recording them on a blockchain. Mining is performed by so-called ‘miners’. In exchange for their efforts, miners are compensated in cryptocurrency.
$BAMA | #Bitbama | #R2E.
Metadata: Data that provides information about other data. In the context of NFTs, metadata describes an NFT’s properties. Examples of properties are names, IDs, descriptions, traits and links to images or multi-media.
$BAMA | #Bitbama | #R2E.
Meta: An investment trend in a given market. In the cryptocurrency market, examples of past metas include alternative layer-1 blockchains and metaverse-related tokens. The term is derived from ‘metagame’, a term used by gamers to describe an ever-evolving subset of a game’s basi
Mempool: Short for ‘memory pool’, a mempool is a collection of all pending cryptocurrency transactions that have yet to be processed on a network. Most blockchains have a mempool. One notable exception is Solana.
$BAMA | #Bitbama | #R2E.