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Satoshi

The smallest unit of bitcoin possible. There are 100 million satoshis in a single bitcoin. Given the high value of a single Bitcoin, breaking it down into smaller units such…

Saucer Bottom

The Saucer Bottom pattern, also known as the rounding bottom, is a long developing reversal pattern sometimes seen at the end of a protracted bear market. It presents as a…

Scalability

Scalibility in terms of cryptocurrencies refers to the speed of the blockchain when confirming transactions. In the case of Bitcoin, scalability usually revolves around the 1 MB block size, which…

Scaling

Scaling is the process or processes whereby the throughput of a network is increased in order to handle increased transactional volumes. Scaling is one of the largest problems facing blockchains…

Scamcoin

Coins created as get rich quick schemes by their developers. These coins usually have certain properties, such as being clones of an existing coin and being pre-mined. The existence of…

Script

Bitcoin allows transactions to include scripts that can be used to create smart contracts. Bitcoin uses its own and unique scripting language. It is also possible to send Bitcoin to…

Scripting Language

The Bitcoin scripting language allows the creation of complex rules for the redemption of an input, such as multisignature and smart contracts. For security reasons, however, the number of OP…

ScriptSig

Original name in bitcoind for a transaction input script. Typically, input scripts contain signatures to prove ownership of bitcoins sent by a previous transaction.

Scrypt

Scrypt is a type of cryptographic algorithm and is used by Litecoin. Compared to SHA256, this is quicker as it does not use up as much processing time. Scrypt is…

SEC

The US Securities and Exchange Commission (SEC) is a government entity for protecting investors; maintaining fair, orderly, and efficient markets; as well as facilitating capital formation.

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