fbpx
1 = $ 0000.00 | € 0000.00 | £ 0000.00 | Trade Bitcoin Here!

Offline Storage

Offline storage in cryptocurrency terms means your private keys, and the coins associated with them, are not accessible to the internet – they are “offline.” This is considered to be…

One-way ATM

A one-way ATM is a machine where people can buy Bitcoin with cash or, less commonly, a card. Unlike a two-way ATM, it cannot dispense cash.

Online Wallet

An online wallet is an online service that can be used to store your private keys. Given that the storage of the private keys are on their servers this is…

Open Source

The practices of sharing the source code for a piece of computer software, allowing it to be distributed and altered by anyone. Open source has become a preferable method of…

Oracle

An oracle in blockchain terms is something that feeds information to the blockchain. Most typically these are used to let smart contracts know when the terms of some agreement have…

Orphan

When two blocks are found at the same time, only one of them can be valid. The invalid one will be orphaned, as successive blocks are not built upon it.…

Orphaned Block

A valid block which is discarded by the network after the blockchain has “forked” and then re-achieved consensus on a single blockchain again. This usually happens after two miners simultaneously…

OTC Exchange

A place or business in which buyers and sellers interact directly without the need for a middleman.

Output

The part of the transaction which contains instructions for the sending of Bitcoin. The output has two parts, the value or number of satoshi being sent, and the public key…

Close Menu