Absolute Advantage

Absolute Advantage Intermediate An economics concept in which one party has a direct advantage in efficiency in producing/providing a specific good or service over another party.

Ransomware

Ransomware is a type of malware (malicious software) that has the final goal of convincing victims to pay for a decryption ransom in order to recover their compromised files or system. The payments are normally asked in digital currencies that are difficult to be traced, such as Bitcoin, Monero, or any other cryptocurrency.

Coin

Cryptocurrencies known as coins run on separate blockchains and are unrelated to other coins. Such a cryptocurrency's single unit is also known as a coin.

Off-Chain

All network users can see on-chain transactions because they are recorded on the distributed ledger. Off-chain transactions, however, take place away from the blockchain network