Pegged Currency

A currency whose value is intended to be constant in relation to a certain asset. For instance, 1 USDT is equivalent to 1 USD. Likewise known as a stablecoin.

Altcoin

Altcoin is the term given to describe alternative digital assets, such as a coin or token that is not Bitcoin. This nomenclature comes from the idea that Bitcoin is the original cryptocurrency and that all others are then considered “alternate” or “alternative” coins.
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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
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Ad Hoc

a Latin expression that means "for this purpose" or "specifically for this" in contemporary English.
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