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About BIBIBI Daily Digest Privacy & Account Security

For information and learning only. Not investment advice. Crypto assets involve risk.

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Glossary

Terms14 shown

DelistingThe process by which a trading platform removes a cryptocurrency or token, withdraws its trading pairs, and ceases to provide trading support.
First-Mover Advantage (FMA)The competitive advantage that a company or project may gain by being the first to launch products or services in an emerging market that has not yet been fully explored.
Immediate or Cancel (IOC)The order is required to be executed immediately; the executable portion will be filled first, and any unfilled portion will then be canceled.
Initial Public Offering (IPO)The process by which a private company offers its shares to the public for the first time, enabling public investors to buy and sell the company’s stock on the public market.
OTOCOFirst execute a primary opening order, then automatically activate a set of OCO three orders comprising take-profit and stop-loss exit orders.
Coinbase transactionThe first special transaction in a Bitcoin block, used to claim the block subsidy and transaction fees permitted by the rules; it does not use ordinary unspent outputs as inputs.
genesis blockThe first block in a blockchain, also known as block zero.
Price-Time PriorityA rule under which orders are matched first by price, and when prices are the same, processed according to the time they were placed.
Genesis blockThe first block of the Bitcoin network, also known as block 0, was mined on January 3, 2009.
Opening priceThe price of the first transaction within a given candlestick period.
Chargeback and Payment Reversal FraudFraudsters first use a reversible payment method to complete an apparently normal payment, obtain cryptocurrency, and then attempt to reverse or recover the funds.
Pig-butchering scamA scam in which the perpetrator first builds trust over an extended period, then persuades the victim to repeatedly transfer funds to a fraudulent investment platform.
State Access ParallelizationFirst analyze and categorize transactions based on their impact on network state, then process unrelated transactions in parallel while coordinating the processing of related transactions.
Ordinal theoryA method of identifying each satoshi by its serial number and tracking its transaction lifecycle from its first minting.

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Definition

Genesis block

The first block of the Bitcoin network, also known as block 0, was mined on January 3, 2009.

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