Bearish

Having a negative or pessimistic outlook on the future price of a cryptocurrency.

Blockchain 2.0

A concept referring to cryptocurrency projects that go beyond basic value transfer, enabling programmable transactions through smart contracts and the development of decentralized applications (dApps), with Ethereum being a prominent example.

Bull

A trader or speculator who holds an optimistic view and expects cryptocurrency prices to increase.

Brave

A web browser that prioritizes user experience by blocking trackers and ads, respecting privacy, and offering a built-in tipping system to support content creators, all while being free and open-source.

BarterDEX

A DEX, or Decentralized Exchange. It means that traders can buy and sell cryptocurrencies without storing their coins on an exchange, maintaining control of their own coins in their personal wallet and executing trades directly on the decentralized exchange. Once the orders are filled, users confirm the transactions, and their wallets transfer the coins.

BarterDEX is one example of a decentralized exchange. It was developed by the Komodo project and uses their associated token, KMD.

BarterDEX is an open-source software that uses atomic swaps, a method of trading between different blockchain networks. Atomic swaps eliminate the need for traditional intermediaries like centralized exchanges.

The Komodo developers implemented a unique system combining full relay nodes and a non-relay node. This setup ensures that all buy and sell orders are visible to traders, and updates are frequently distributed throughout the network.

When using BarterDEX, you’ll have access to a diverse range of cryptocurrencies. However, keep in mind that some coins may have lower trading volume, resulting in slower trade execution unless you opt for market orders.

It’s important to note that if you use the BarterDEX app, it is recommended to securely save the twelve-word mnemonic phrase provided. This phrase grants access to your portfolio data, trade history, debug menu, and settings section where you can customize themes, language, and other preferences.

Block Reward

The compensation granted to miners who contribute to securing a proof-of-work (PoW) based blockchain.

Big Blocker

A person who holds the perspective that enhancing Bitcoin’s scalability can be achieved by increasing its block size. Roger Ver is recognized as one of the most notable proponents of the Big Blocker stance.

Bitmain

The leading provider and distributor of specialized ASIC mining machines, founded and operated by Jihan Wu.

Bitcoin.org

The unofficial website of Bitcoin Core.

Burn

A process in which a certain quantity of coins or tokens is permanently eliminated from circulation, resulting in a reduction of the overall coin supply of a cryptocurrency.