Bits are a smaller unit of measurement for Bitcoin. Each Bitcoin is divisible into 100 million units, called satoshis. One bit is equivalent to 100 satoshis or 1 millionth of a Bitcoin.
A black hat hacker is a cybercriminal who exploits vulnerabilities in computer systems, including those in blockchain networks, with malicious intent.
A black swan event refers to a rare and unexpected occurrence that has a significant impact on the market or an industry.
A block is a data structure in blockchain technology that stores a batch of transactions, which have been validated by the network's consensus mechanism.
A block producer is a key participant in blockchain networks, particularly in systems that use a Delegated Proof of Stake (DPoS) or similar consensus mechanisms.
A bearwhale is a large cryptocurrency holder, or "whale," who sells a significant amount of assets at once, driving down the price of the market.
A bear market refers to a prolonged period of declining asset prices, generally characterized by a downturn of 20% or more in a financial market.
A private key is a cryptographic code used to authorize transactions and access cryptocurrency funds in a blockchain wallet.
Proof of Authority (PoA) is a consensus mechanism where transactions and blocks are validated by approved or "authorized" validators.
Peer-to-Peer (P2P) refers to a decentralized network where two or more individuals can interact directly with each other without relying on an intermediary or central authority.
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Services:support@weex.com