People who use their CPUs, GPUs, and or hard drives to process digital work. After they hit a quota, usually 1 crypto coin. They get paid in said coin. If they gather enough of these, they can cash them out for real money or hold onto them. Some coins can be mined in minutes, Sia back during launch. Other coins can take months, Ethereum. To speed up the process miners buy more GPUs, more CPUs, more hardware. PoW was the original payment system for crypto, using CPUs. Over the years it's been phased out for more efficient methods, PoS, consolidation of hardware to mega servers.
Public Limited Company:
Limited liability company. A common business structure in the UK. Different business terms often intersect, have the same results as other terms in other countries. Why not then lump them into universal words? Because there are minor variations. This has to do with how each country's constitution handles business law.
Pump and Dump:
Investors putting large quantities of money from one source, or multiple focus on a specific company, coin. All in an attempt to raise it's value. This effect can cause people to believe in potential that isn't really there. Monkey see, monkey do. As people become convinced emotionally. They jump in and the value soars. Then when it doubles, or more the original pumpers, dump their shares. They make a small or substantial profit. Then leave the people who got in later with all the losses. AKA Tron Coin, Electronium.
A lot of computers, numbering in the hundreds to thousands. These farms are used to process data such as computer generated images. Hollywood is known for using them for CGI. The sciences also uses them to crunch complex data, simulations. Normally they are stationed locally in one area. It allows for parallel processing that would bottleneck if done across different hardware.
Gesellschaft mit beschränkter Haftung. A limited liability, research and development business. Shareholders liability is limited to the amount they put in. It's similar to LTD.
Profits gained after x amount of time. This is usually measured in quarters (every 3 months), bi yearly and yearly. Loss is included from returns of products, deductions, sales.
Network's ability to handle growth. Bitcoin has rising fees, so it has poor scale. At least for the time being. Overtime we want it to handle the growth, we want it to scale with demand.
Also known as Segwit. Designed to prevent the hacker from adjusting code. So $10 doesn't become $10,000. Segwit looks at the code and comes to a proper conclusion. Imagine a postal worker reading the mail and the person wrote, lllinois. The postal worker can assume 3 LLL's or assume ILL. Segwit would also be counted as a fraction of it's real size on the processes, making it less hardware intensive.
A form of law in the Cayman Islands for businesses. Special economic zone company. The market is still very new, and the blockchain is not recognized as currency in most countries. To get around tax, fiat laws that would prevent competition, they had to set up their business in countries that had more expansive freedoms.
It's located in the San Fran bay area, California. Here you can find Adobe, Apple, Google, almost every single tech giant. With other software leads located in Redmond Washington, and Austin Texas. This portion of land has so much wealth, it makes CA the 6th largest economy in the world. When I was investor hunting for my company I went to Wallstreet. No luck there. Then I went to Silicon Valley. The money was over flowing. Mostly into the cell phone apps market, 2012-2015. It was still a great place to learn. Even though I pulled in funding elsewhere. (I didn't rob a bank) I saw thousands of start ups begin here. Their role in the future of tech remains cemented. Beware though, they have pie in the sky delusions to match their progress.
These are contracts handled by computer software, algorithms. Normally smart contracts are simple forms. The design is to fix minor issues quickly. Something that could be done by a person, but a machine will do just as good, and faster. This is to remove third parties from transactions, allowing less fees to be accrued.
Collective ownership of business, infrastructure, industry. No private control. Most first world governments have some variation of this. Even America has social security. A fraction of all money earned through work, taxes goes into a pot that is distributed to people when they retire. Extreme versions of socialism remove all authority of private ownership. A problem as also seen in communism is consolidating all distribution of wealth to a single branch, group of people. This allows for corruption as seen in Venezuela. The more successful versions have adopted democratic systems, ties to capitalism to extend to several branches, sub systems. A term often used is democratic socialism. I did have a chance to work in this system. Aside from the higher taxes, the pay was comparable to most first world jobs.
I use this to describe the type of structure the company uses. It could be an Inc, LTD, corporate governance. Corporations are known for having CEOs, founders, angel investors. Like a virus you want your pick to spread across the globe. Infect as many people as possible with it's ideas. A strain that can't spread, can still survive locally, like Zika. So strain is company type. Hopefully your pick is not like Anthrax. It didn't have a good lifespan. That joke landed me on 20 different watch lists.
Your share, fraction of ownership in the company. You could say the crypto coins are a new form of the traditional stock market. Hopefully we don't see people selling Tulips on there.
You look for quick movement in the price, put money in before it goes up, then sell after it climbs. A very popular method for trading bots, which can react, process faster than a human. When it works, the person running the bot never loses money. However, that was in theory. Usually swing trades keep you from making major gains.
If you have one of these. You are probably rich. Richer than me! It's origins are from victims of the holocaust. The modern version of the Swiss bank account is used by people across the planet to hide their money. To avoid paying taxes. Thanks to crypto we now have that same feature with a lot less money required. Also a better foundation. BTW Swiss cheese is awesome.
Blockchain free crypto currencies. There must be two parent transactions, instead of the default one. This flow allows for faster, more secure transactions. Rather than a assembly line, a straight forward set of paths. This allows transactions to skip ahead in the cue. Arguments have surfaced that tangle has a flaw where duplicates can be created in the chain, then a hacker could cash out on the clone while the original purchase is still in cue. For now that scenario has not surfaced. Tangle has a lot of prove in the coming years.
A circular process to handle the scouting, acquisition, placement of talent. Then manage their careers, doing what they can to retain them.
Time Standard Transactions:
Designed to reduce costs in processing claims, and other information in the medical field.
A sign, word, brand. Some sort of design used to identity a company. The arches of McDonalds, the castle for Disney, the word Capcom for Capcom. The problem with trademarks is a required financial upkeep. Registered with a government. It operates under a defend it or lose it clause. If people use the word Capcom to describe another game company, Capcom is required to sue, to protect their identity. If Capcom lets it slide, they will lose the trademark. This is why Apple sued an apple store over the name, Apple. When I investigate crypto companies I ask if they have registered patents, trade marks, copyrights. Then I look them up in the records department for verification. Good way of weeding out the liars, also very time intensive.
You will hear this term a lot in your life. Little is needed to explain what this is. People believe for reasons said product/service, company is worth more than it's current status. This can be a good way of spotting potential gains off unknowns.
Before you buy any coin you should look for it's value. Did you buy it because you think collecting people's private data, selling it to companies is the future? Do you believe the opposite? An economy where privacy and security is everything.
Money raised by seeking seeds, rounds of funding. This is raised privately, not publicly.
A large reason the market has grown so much is from Wallstreet investments. Despite being openly hostile like JP Dumb Dumb, they soon changed their tune and started pouring into the market. Keep in mind these pumps will over value coins, leaving you with a bad investment long term. Wallstreet makes money offsetting the losses on other people. Never forget, as much of a boon as they are, they are also the same idiots who sank the world economy in 2008. Still, their activity on the stock market is a great tool for learning the direction crypto will go in. Learn from what formulas, methods worked for Wallstreet, and you'll be doing better than most. Just make sure it's legal.
A common moniker for the porn industry. Yes they are just as interested in the crypto market just like everyone else. If you see X's, or even a single X in the company name. It's probably related to said industry.
From June 2018 I will begin a yearly report of the top 84 performing crypto companies. Why 84? Because I feel 80 is a solid cut off point for the current market. I added 4 more in to be generous, it has nothing to do with spacing. /wink This report will exist to tell you if your investment did anything in that time span. I will factor in scope, size, structure of the company's product/service. I'm certain not to make many friends from these results. But this is coin grader, not hand holder!
The entire amount of the product, shares, stocks.
To attain enlightenment. Which is something I hope this site accomplishes as people come here to learn, or a laugh.
Disclaimer: This is not financial advice. Information was retrieved from investigating various crypto sites, company chat rooms, devs, videos on Youtube. It's to confirm the info collected matches up. While research was extensive, it was only done by one person. It has some personal bias. This is a new market, like the dot coms of the past. Most of these companies will not exist in 10 years. That is my belief based on history. It's my mind set to remain skeptical. Not to fan boy over possibilities. It doesn't mean they will fail in a week, but it means you should always be careful with your money. Return