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Maximum Supply

Maximum Supply is an approximation of the total number of coins that will ever exist for a given cryptocurrency.

mBTC

1 thousandth of a Bitcoin (0.001 BTC).

MCAP

MCAP is an acronym for Market Cap and is the total value of the cryptocurrency. It is calculated by multiplying the current price of the coin by the total supply…

Medium of Exchange

Any instrument that is used to conduct trade is considered a medium of exchange. Most commonly that is fiat currencies, but it can also be cryptocurrencies and precious metals among…

Mempool

Memory pool, files with data about valid transactions that are not included into the block as they are unconfirmed.

Merkle Root

The single hash at the bottom (or top) of a Merkle tree is called the Merkle root. No value in the Merkle tree can be changed without also changing this…

Merkle Trees

Each block in the bitcoin blockchain contains a summary of all the transactions in the block, using a Merkle tree. A Merkle tree, also known as a binary hash tree,…

MEW

MEW is an acronym for MyEtherWallet, a free Ethereum software wallet that can store all ERC-20 coins and is ideal for collecting airdropped coins based on the ERC-20 protocol.

Micropayment

Any payment unusually small is considered a micropayment. Paying for a coffee or a bus fare might be considered a micropayment. The Lightning Network allows for payments below 1 Satoshi.

Microtransaction

Microtransaction is the ability to pay for things in very small sums thanks to the fact that Bitcoin may be extended to 8 decimal places. Microtransactions are especially important to…

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