Glosario

B

Blockchain

A decentralised, distributed ledger technology that records all transactions across a network of computers. It ensures transparency, security, and immutability of data.

Bear Market

A market condition where cryptocurrency prices are declining, leading to widespread pessimism and selling.

Bull Market

A market condition where cryptocurrency prices are rising, leading to optimism and increased buying.

BIP (Bitcoin Improvement Proposal)

A design document proposing changes or improvements to the Bitcoin protocol.

Block Reward

The amount of cryptocurrency awarded to miners or validators for successfully adding a new block to the blockchain.

Byzantine Fault Tolerance (BFT)

A property of a blockchain network that ensures consensus can be reached even if some nodes act maliciously or fail.

Bear Trap

A false signal indicating a cryptocurrency’s price is about to fall, tricking traders into selling before the price rises again.

Block Height

The number of blocks in a blockchain from the genesis block (block 0) to the current block.

Bounty Program

A reward system offered by cryptocurrency projects to incentivize community contributions, such as bug reporting or marketing.

Bridging

The process of transferring assets or data between two different blockchain networks.

Bag Holder

An investor holding a cryptocurrency that has significantly decreased in value, often with little hope of recovery.

Backtesting

The process of testing a trading strategy using historical data to evaluate its effectiveness.

Bag

Slang for holding a significant amount of a specific cryptocurrency, often used in phrases like “holding bags” (holding onto investments).

Bearwhale

A large holder (whale) who sells off significant amounts of cryptocurrency, causing prices to drop.

Block Explorer

A tool or website that allows users to view and analyze transactions, addresses, and blocks on a blockchain.

Bollinger Bands

A technical analysis tool that measures price volatility and identifies potential overbought or oversold conditions.

Bread Wallet

A type of mobile cryptocurrency wallet known for its simplicity and ease of use.

Bull Trap

A false signal indicating a cryptocurrency’s price is about to rise, tricking traders into buying before the price falls.