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.

Ad Hoc

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

Bitcoin Halving

A blockchain event known as a "halvening" (or "Bitcoin halving") causes block subsidies or rewards for validating transactions to be reduced by half.

Satoshi (SATS)

The smallest unit of bitcoin with a value of 0.00000001 BTC.