AvalonMiner 1166 Pro
The AvalonMiner 1166 Pro is a high-performance cryptocurrency mining device manufactured by Canaan, designed to mine Bitcoin using the SHA-256 hashing algorithm. This miner is known for its efficiency and durability in the competitive field of crypto mining. As of the latest updates, the AvalonMiner 1166 Pro offers a maximum hash rate of 81 TH/s...
AvalonMiner 1246
The AvalonMiner 1246 is a high-performance Bitcoin mining rig developed by Canaan Creative. It is known for its efficiency and power in the cryptocurrency mining industry. As of the latest updates, the AvalonMiner 1246 operates with an impressive hash rate of 90 TH/s and a power efficiency of 38 J/TH, making it one of the...
AVD (Authenticated Variable Databases)
An Authenticated Variable Database (AVD) is a cryptographic data structure designed to allow dynamic, verifiable storage and retrieval of key-value pairs. Unlike traditional databases, AVDs enable third parties to verify the correctness of specific queries without needing full access to the database, making them a foundational component in trustless systems such as blockchains and zero-knowledge...
Axie Infinity
Axie Infinity is a blockchain-based trading and battling game that is partially owned and operated by its players. Inspired by popular games like Pokémon, it allows players to collect, breed, raise, battle, and trade token-based creatures known as Axies. This digital ecosystem leverages non-fungible tokens (NFTs) to create a play-to-earn model where players can earn...
Azuki NFTs
Azuki NFTs refer to a collection of digital art pieces represented as non-fungible tokens (NFTs), created by the Azuki brand. Each Azuki NFT features a unique, anime-inspired character that exists on the Ethereum blockchain, offering holders various membership benefits, including access to exclusive events, merchandise, and future digital and physical drops. Current Market Data and...
BaaS (Blockchain as a Service)
Cloud-based services that allow organizations and developers to create, deploy, and manage blockchain applications without the need for extensive infrastructure setup and maintenance.
Back Month Contract
A "Back Month Contract" refers to a futures contract with an expiration date that is further out in the future compared to those contracts that are due to expire in the near term. These types of contracts are also known as deferred or distant month contracts. They are part of a broader category of financial...
Backtesting
Backtesting is a method used in finance to assess the viability of a trading strategy by applying it to historical data. This technique allows traders and investors to simulate a trading strategy using past market data to predict its potential success without risking actual capital. Understanding Backtesting Backtesting involves the reconstruction of trades that would...
Backup Phrase
A backup phrase, often referred to as a recovery phrase or seed phrase, is a series of words generated by a cryptocurrency wallet that gives users access to the blockchain assets linked to that wallet. This phrase is crucial for the recovery of a wallet if the user’s device is lost, damaged, or stolen. Recent...
Backwardation
Backwardation is a market condition where the spot prices of a commodity are higher than the futures prices for the same commodity set to expire in the coming months. This situation indicates an immediate shortage or high demand for the commodity, with prices expected to decrease over time. Understanding Backwardation with Examples Backwardation is often...
Explore the MEXC Blog Glossary Archive to deepen your understanding of cryptocurrency and blockchain technology. This comprehensive resource features clear, easy-to-understand definitions of key crypto-related terms, concepts, and industry jargon. Whether you’re a beginner or an experienced trader, the glossary helps you stay informed, make smarter investment decisions, and navigate the fast-evolving crypto landscape with confidence. Start learning today and boost your crypto knowledge with MEXC!
