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.

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.

Pair

Exchange cryptocurrencies with each other, like the trading pair BTC/ETH.

Mainnet

A mainnet is a separate blockchain that operates on its own network using its own protocol and technologies.