Moon
Riccardo Dondi
In cryptocurrency, "moon" refers to a rapid and significant price increase, driven by factors like market sentiment, speculation, scarcity, and FOMO.
Riccardo Dondi
Mnemonic Phrase
Mnemonic phrases are critical for cryptocurrency security, enabling recovery and portability of wallets. Proper management ensures the safekeeping of digital assets.
Minting
Minting in cryptocurrency refers to creating new coins or tokens, crucial for network sustainability, incentivizing participants, and ensuring scarcity.
Mint
Minting in cryptocurrency involves creating new coins through staking, validation, and block creation within Proof of Stake networks, ensuring security and decentralization.
Mining Pool
A mining pool is a group of cryptocurrency miners combining resources for higher success rates and steady income, with some risks like centralization and fees.
Mining
Mining is crucial for creating new cryptocurrency tokens, verifying transactions, and securing the blockchain, using methods like Proof of Work and Proof of Stake.
Micropayment Channel
A micropayment channel enables numerous small transactions off the blockchain, reducing congestion and fees, with only opening and closing balances recorded on-chain.
Micropayment
Micropayments in cryptocurrency enable quick, low-cost transactions, ideal for digital content, tipping, and virtual goods, despite challenges in scalability and adoption.
Metaverse
The Metaverse is a virtual space with augmented reality and persistent virtual worlds where cryptocurrencies facilitate transactions, governance, and ownership.
MetaMask
MetaMask is a browser extension cryptocurrency wallet enabling users to manage digital assets and interact with decentralized applications on the Ethereum blockchain.