Definitions by undertheradar
future of france
future of france by undertheradar May 4, 2021
FDV
Fully diluted valuation.
This is the price of an asset multiplied by the total supply. Instead of the market cap where the price is multiplied by the circulating supply.
This is the price of an asset multiplied by the total supply. Instead of the market cap where the price is multiplied by the circulating supply.
FDV by undertheradar April 30, 2021
dumb money
Not understanding an asset a person is buying, or a market someone is engaging in. Not caring to learn about an asset someone is buying.
Buying an asset at the peak before a bear market. The act of buying high and selling low.
Buying an asset at the peak before a bear market. The act of buying high and selling low.
dumb money by undertheradar June 12, 2020
ledger
Businesses keep great records in their ledger so they can always tell where their money is coming from and going to.
ledger by undertheradar August 1, 2019
decentralized currency
Digital money organized by a synced distributed ledger online. While centralized currencies are backed by the economies of countries, decentralized currencies typically don't have a government affiliation. These currencies are run by incentivized volunteers via appropriate consensus algorithms. Much like incentivized volunteers run Uber, called drivers, and Airbnb, called hosts, incentivized volunteers, traditionally called "miners," run these decentralized currency protocols. Examples of decentralized currencies include Bitcoin and Ethereum.
decentralized currency by undertheradar July 8, 2019
EOS
A cryptocurrency created by Block One which supports smart contacts much like Ethereum. EOS uses delegated proof of stake to confirm transactions, which leads to confirmed speeds of at least 1000 transactions per secund, as opposed to Ethereum's 15 transactions per secund. The developers of Block One claim EOS, as a cryptocurrency, is not an acronym.
EOS by undertheradar July 5, 2019