PNM CryptoTrade Glossary

Depth Chart, Distributed Ledger, Dolphin

CryptoTrade Glossary

CryptoTrade Glossary
Depth Chart

A graph that plots the requests to buy (bids) and the requests to sell (asks) on a chart, based on limit orders. The chart shows the point at which the market is most likely to accept a transaction.

Distributed Ledger

A system in which information of network decentralized nodes and all transactions are recorded and stored. This method of information distribution increases information security and reduces the risk of hacking.

Dolphin

Someone with a moderate holding of a cryptocurrency. Dolphins are placed between whales and fishes.

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