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.

Fiat

Fiat money, often known as fiat currency, is money that a government has recognized as legal tender and that it supports.

Candidate Block

In a few words, a candidate block is a block that a mining node (miner) is trying to mine in order to receive the block reward. So a candidate block may be described as a temporary block that will be either validated or discarded by the network. Miners compete with each other to validate the next block and add it to the blockchain, but first, they have to create a candidate block to participate in the mining competition.

Falling Knife

The term falling knife (also known as "Catching a Falling Knife" or "Catching the Bottoms") refers to the action of buying an asset which is rapidly declining in price.