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.

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.

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

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.