Glossary

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Mainnet


A blockchain protocol that offers users the possibility to send and receive digital assets. Unlike Testnet, Mainnet is fully developed and deployed for the end-user, simply - the main network.


Mainnet Swap


The migration of coins from one blockchain network to another by replacing them with a new digital asset.


Maker


A user that places an order which doesn’t get traded right away and as such, it is maintained in the order book.


Malware


A program or application that operates with the intention to produce threat to a computer system.


Market Cap


Short for Market Capitalization and refers to the total value held in a particular industry, market, company, or asset. For Bitcoin or Ethereum, the total market cap is the reflection of the current existing supply times the market price.


Market Momentum


The ability of a trading market to maintain the increase or decrease of prices for a certain period of time.


Market Order


A cryptocurrency order to buy or sell on the market instantly, by picking the best bid or ask.


Masternode


Represents a full node enabling the core consensus functions when running a blockchain and requires an initial "stake" of tokens in order to operate.


Maximum Supply


Represents the maximum number of all coins and tokens that will ever be created for a specific cryptocurrency.


Mempool


The ability of a node to keep track of unconfirmed transactions that have not yet been added to a block.


Merged Mining


The process of merging two or more mining processes without putting the overall performance at risk.


Merkle Tree


A type of data structure that contains hash functions and facilitates the organization and structure when dealing with lots of data.


Metadata


Data that includes and describes other data, or data about data.


Mining


The process of validating Blockchain transactions by using computing power to solve “puzzles”. Mining receives coins as rewards for mined transactions.


Mining Farm


Represents the collection of multiple miners, e.g. a large data center that operates only to mine cryptocurrency.


Miner


A participant in the blockchain technology capable of creating new predetermined number of blocks or competes to contribute to the network.


Mnemonic


Defined as a secret group of words that represent a wallet. When used in a sequence they allow access to the cryptocurrencies stored within.


Moon


An expressed used for when a cryptocurrency is in a continuous and strong positive trend.


Multi-signature (multisig)


The addresses that enable several parties to need more than one key to authorize the transaction. These addresses have much higher resistance to theft.