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Shitcoin

A coin with no potential value or use. Some shitcoins are also scamcoins, but not all of them. Some simply have no intrinsic value due to the lack of a…

Shorting

Shorting is a method for profiting when the price of an asset falls. To conduct a short trade the investor first borrows the asset from his broker and then sells…

Signature

A signature on the blockchain is a mathematical operation that allows them to prove that they have ownership over their coins, wallet, data, or anything else on the blockchain. It…

Silk Road

An underground website, as part of the “dark web”, that was essentially the black market online. One could purchase illegal drugs, organs or hire assassins online. The site used cryptocurrencies…

Silk Road

The Silk Road was a notorious dark web ecommerce site that offered up drugs, money laundering, and other illegal activities until it was shut down in October 2013. It’s connected…

Simplified Payment Verification (SPV)

A scheme to validate transactions without storing the whole blockchain (only block headers) and without trusting any external service. Every transaction must be present with all its parent and sibling…

SliceFeeds

SliceFeeds is a cryptocurrency related social network hosted by the site CoinPursuit.com. It’s free to join and gives cryptocurrency enthusiasts a place to gather and share information. On SliceFeeds you…

Smart Contract

First proposed by Nick Szabo in 1996; smart contracts are self-executing contracts with the terms of the agreement between buyer and seller is directly written into lines of code. The…

Soft Cap

The Soft Cap refers to the minimum amount an ICO needs to raise. If the soft cap is not met the ICO is usually cancelled and any funds already collected…

Soft Fork

A soft fork differs from a hard fork because it is backwards compatible, and so it doesn’t create a new blockchain when implemented. You can think of it as being…

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