We continue studying important terms in the field of cryptocurrencies.
ATOMIC SWAP: It's a smart contract technology that enables exchange of one cryptocurrency for another without using centralized intermediaries, such as Exchanges.
ASIC: The Application-Specific Integrated Circuit is an integrated circuit customized for a particular use, rather than intended for general-purpose use. In the cryptocurrency world, it is used to solve hashing problems and thus generate new cryptocurrencies, which is known as cryptocurrency mining.
CRIPTOGRAFÍA: Set of mathematical techniques and methods that protect the information of the data registered in the Blockchain, providing them with security and guaranteeing their immutability.
DEFLACIÓN: Reduction of prices in an economy during a certain period of time.
FUD (Fear, Uncertainly, Doubt): Disinformation strategy used in sales, marketing, public relations, politics, and others. In this case, it's a strategy to influence perception of the crypto market by disseminating negative and dubious or false information.
By Lilia López Chamorro
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