We want to inform our users so they can become the best traders they can be. That is why we wrote this article explaining all the terms you need to know to understand cryptocurrency. 1. 51% Attack A 51% attack is a situation where more than half of the computing power on a network is operated by a single individual or concentrated group, which gives them complete and total control over a network. Things that an entity with 51% of the computing power can do include, but are not limited to: Halting all mining. Halting and manipulating all interpersonal transactions. Use singular coins over and over. 2. Address A bitcoin address is essentially the same thing as your home address. It’s the location from which you would receive, send or hold your currency. These addresses generally manifest in a long string of alphanumeric characters and will look something like: 1MhN5qfH1vgx9CLL17i3DK9D2gzrHR7dZF A wallet address is the public portion of the two encrypted keys necessary f...
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