Open/Close The price at which a cryptocurrency opens at a time interval or the programming principle of software program components being extendable. They could be professional miners or organizations with giant-scale operations, or hobbyists who set up mining rigs at residence or in the workplace. Internet of Things Internet of Things is a world interconnected community of devices, sensors and software that can acquire and exchange data with each other in real-time over the Internet. Initial Token Offering Similar to ICOs, but the focus is on the offering of tokens with confirmed intrinsic utility within the form of software program or usage in an ecosystem. Hyperledger Hyperledger is an umbrella project of open source blockchains and blockchain-related instruments started by the Linux Foundation in 2015 to support the collaborative growth of blockchain-primarily based distributed ledgers. Dusting Attack When a scammer sends tiny amounts of a cryptocurrency to random users’ wallets, after which analyzes and tracks the next transactions in order to identify the specific customers behind every tackle.

Permissionless Often used to explain blockchains, a system is alleged to be permissionless when there is no entity that may regulate who can use it and how it may be used. Over The Counter Over-the-counter is defined as a transaction made outdoors of an trade, often peer-to-peer through private trades. Option A contract giving the customer the right, however not the obligation, to buy or promote an underlying asset or instrument at a specified strike price. Nonce When a transaction is hashed by a miner, an arbitrary quantity meant for use only as soon as is generated, known as a nonce. Non-Custodial Usually referring to the storage of keys, in relation to wallets or exchanges, a non-custodial setup is one by which Pre-mine private keys are held by the user directly. Mt. Gox Mtgox or Mt. Gox was one of the first web sites where customers might take part in fiat-to-bitcoin trade . In 2014, Mt. Gox was shut down after about 850,000 bitcoin was declared lost or stolen. Mt. Gox was created in 2006 by Jed McCaleb who named it after Magic The Gathering Online Exchange where users could use the playing cards like shares. Money transmitters within the US are half of a larger group of entities known as cash service businesses or MSBs.

Initial Coin Offering (ico)

Consensus Consensus is achieved when all individuals of the network agree on the order and content material of the blocks within the blockchain. Chain Split Chain splits are one other term used to describe cryptocurrency forks — the separation of a single unique coin into a number of independently managed initiatives. Central Ledger A central ledger is a bodily guide or a pc file used to record transactions in a centralized manner. Attestation Ledger An attestation ledger is an account e-book designed to supply proof of particular person transactions. It is usually used to “attest” that a monetary transaction occurred, or to prove authenticity of transactions or merchandise. Arbitrage Arbitrage is the follow of rapidly shopping for and promoting the same asset in different markets to reap the benefits of price variations between the markets. Airdrop A marketing campaign that distributes a specific cryptocurrency or token to an viewers. 51% Attack If more than half the pc energy or mining hash price on a community is run by a single particular person or a single group of individuals, then a fifty one% assault is in operation. In 2014, coal provided 18% of all US main energy and 42% of electric energy . In West Virginia over 95% of our electrical energy comes from coal-fired energy crops .


Coinbase In mineable cryptocurrencies, a coinbase is the variety of cash which might be generated from scratch and awarded to miners for mining every new block. Block A file containing information on transactions completed during a given time period. When some or all of a coin’s preliminary provide is generated throughout or before the general public launch, somewhat than being generated over time by way of mining or inflation. We’ve also intervened in Sandfire’s try to acquire water rights for the project at the Montana Department of Natural Resources and Conservation. Thankfully, Sandfire can not actually begin mining except it acquires these water rights and till it posts a reclamation bond for the actual mine. These processes will now play out over the following several months and even years, throughout which time we are going to continue our fierce advocacy on behalf of the Smith River. The Surface Mine Control and Reclamation Act of 1977 requires submit-mining reclamation of floor mines to restore the “approximate original contour ” of the pre-mined land . There isn’t any practical method to restore 100s of ft of overburden once the coal seam beneath is removed and the overburden has been pulverized by explosives.

Mud Transactions

A mining rig could be a devoted piece of hardware for mining, or a computer with spare capability that can be utilized for other tasks, solely mining half time. Microtransaction A business model the place very small payments can be made in trade for common digital goods and companies, such as pages of an ebook or gadgets in a sport. Long A state of affairs where you purchase a cryptocurrency with the expectation of promoting it at a higher value for profit later. Liquidity Pool Liquidity swimming pools are crypto belongings which might be stored to facilitate the trading of trading pairs on decentralized exchanges. Ledger A report of financial transactions that cannot be modified, solely appended with new transactions. KYC Acronym for “Know Your Customer,” this process refers to a project’s or financial institution’s obligations to confirm the identity of a buyer according to international anti-money laundering legal guidelines. Initial Coin Offering A sort of crowdfunding, or crowdsale, using cryptocurrencies as a way of raising capital for early-stage firms. It has come beneath fireplace due to the occurrence of scams and market manipulators. Inflation A basic increase in prices and fall in the purchasing value of cash.


Relative Strength Index A form of technical analysis that serves as a momentum oscillator, measuring the velocity and alter of price movements. Rebase A token designed in order that the circulating supply adjusts routinely in accordance with price fluctuations. Raiden Network An off-chain scaling answer aiming to allow close to-instant, low-fee and scalable payments on the Ethereum blockchain, much like Bitcoin’s proposed Lightning Network. QR Code A machine-readable label that shows data encoded into a graphical black-and-white sample. For cryptocurrencies, it is typically used to simply share wallet addresses with others. Public Address A public tackle Pre-mine is the cryptographic hash of a public key, permitting the person to use it as an handle to request for cost. Proof-of-Replication Proof-of-replication is the best way that a storage miner proves to the community that they are storing a wholly unique copy of a bit of information. Price Impact The distinction between market value and estimated price because of commerce measurement. Portfolio A assortment of cryptocurrencies or crypto assets held by an investment firm, hedge fund, financial institution or particular person.

Virgin Bitcoin

Coal is a vital supply of jobs in West Virginia and all through Appalachia and it is a vital component of our vitality combine. Nevertheless, the practice of MTR/VF mining is dramatically altering the panorama of Appalachia. One aim of the MTR in PLA project is to help communicate these modifications to a wider viewers. Horizen employs an Equihash hashing algorithm, which is a reminiscence-hard, proof of work mining protocol. ZenChat is a safety centered messaging utility that can operate as a standalone app or be embedded within the ZenCash pockets. Messages are stored completely on the blockchain and rely on specialised “safe nodes” to ensure that communication isn’t traceable. Unspent Transaction Output An output of a blockchain transaction that has not been spent, and can be utilized as an input for new transactions.

  • Mining A process the place blocks are added to a blockchain, verifying transactions.
  • Fiat-Pegged Cryptocurrency Also known as “pegged cryptocurrency,” it is a coin, token or asset issued on a blockchain that’s linked to a government- or financial institution-issued foreign money.
  • Each pegged cryptocurrency is guaranteed to have a selected cash value in reserves at all times.
  • A sequence of blocks, or units of digital data, saved consecutively in a public database.

Wash Trade A form of market manipulation by which traders create artificial exercise within the market by simultaneously promoting and buying the identical cryptocurrencies. Wallet A cryptocurrency pockets is a secure digital pockets used to retailer, ship, and receive digital forex, and are divided into two classes hosted wallets and chilly wallets. Volume The quantity of cryptocurrency that has been traded during a certain period of time, such as the final 24 hours or more. Volume can present the direction and movement of the cryptocurrency in addition to a prediction of future value and its demand. Unconfirmed A state by which a transaction has not been appended to the blockchain.


Usually referred to as the “crypto market,” which refers back to the cumulative cryptocurrencies and projects operating inside the industry. Liquidity Provider Liquidity providers are decentralized change users who fund a liquidity pool with tokens they personal. Liquidity How simply a cryptocurrency can be bought and bought without impacting the general market value. Limit Order / Limit Buy / Limit Sell Orders positioned by merchants to purchase or promote a cryptocurrency when a certain worth is reached. This is in contrast with market orders at which a cryptocurrency is offered on the present finest available price. Hidden Cap Hidden cap is an unknown limit to the sum of money a staff elects to receive from buyers in its initial coin providing . The purpose of a hidden cap is to even the enjoying field by letting smaller investors put in cash, with out the big traders forming an accurate understanding of the whole cap and adjusting their investment in consequence. Exchange Cryptocurrency exchanges are businesses that permit customers to trade cryptocurrencies for fiat money or other cryptocurrencies. ERC-20 A token commonplace for Ethereum, used for sensible contracts implementing tokens. It is a typical list of guidelines defining interactions between tokens, together with transfer between addresses and data access.


So exemptions to the AOC rule are granted permitting conversion of mountain ridges to plateaus or gently rolling contours. Interestingly a 2009 report discovered that lower than 5% of reclaimed MTR sites in West Virginia have truly been economically developed difficult the method by which exceptions to the AOC rule are made . Another name for MTR is valley fill mining as a lot of the overburden is dumped into valleys. The US EPA estimates that this apply has buried 1900+ km of ephemeral and perennial headwater streams .

Short A trading method by which a dealer borrows an asset so as to sell it, with the expectation that the worth will continue to decline. In the occasion that the price does decline, the quick vendor will then purchase the asset at this lower price in order to return it to the lender of the asset, making the difference in revenue. Shilling The act of enthusiastically promoting a cryptocurrency or ICO project. Scrypt An various proof-of-work algorithm to SHA-256, used in Bitcoin mining. Scrypt mining relies more heavily on reminiscence than on pure CPU power, aiming to reduce the advantage that ASICs have and hence increasing network participation and energy effectivity. Reverse Indicator A person whom you could use as an indicator of how not to place purchase or promote orders as a result of they are all the time mistaken at predicting worth movements of cryptocurrencies. Resistance (Line/Level) The highest value level of an asset throughout a selected period.

Trustless A property of the blockchain, where no participant must trust some other participant for transactions to be enforced as meant. Tokenize The process by which real-world property are was one thing of digital value referred to as a token, typically subsequently in a position to offer possession of components of this asset to totally different owners. Storage Decentralized storage refers to the concept of storing recordsdata online by splitting them into encrypted fragments and delegating these fragments to a number of nodes on a distributed community, e.g. a blockchain. Staking Participation in a proof-of-stake system to place your tokens in to serve as a validator to the blockchain and receive rewards. Soft Fork A protocol improve where only previously valid transactions are made invalid, with most delicate forks requiring miners to upgrade Pre-mine their mining software. Simplified Payment Verification A light-weight consumer to confirm blockchain transactions, downloading solely block headers and requesting proof of inclusion to the blockchain within the Merkle Tree. Sharding Sharding is a scaling method that allows splitting of blockchain states into partitions containing states and transaction historical past, so that every shard could be processed in parallel. Protocol The set of rules that define interactions on a community, usually involving consensus, transaction validation, and network participation on a blockchain. Proof-of-Authority A blockchain consensus mechanism that delivers comparatively fast transactions using id as a stake. Options Market A public market for choices, giving the buyer an possibility to purchase or promote a cryptocurrency at a selected strike value, on or before a specific date.

Confirmations A cryptocurrency transaction is taken into account confirmed when it is included in a block on the blockchain. Each new block after the primary one is an additional affirmation for that transaction. Circulating Supply The best approximation of the number of coins which are circulating available in the market and in most people’s palms. Change Change — a concept related to cryptocurrencies that use the UTXO model Pre-mine — is the number of coins sent again to a consumer after they use their unspent outputs to initiate a transaction. Burned Cryptocurrency tokens or cash are considered “burned” once they have been purposely and completely faraway from circulation. Block Reward The cash awarded to a miner or group of miners for fixing the cryptographic downside required to create a brand new block on a given blockchain.