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GLOSSARY

Hacking is the process of using a computer to manipulate another computer or computer system in an unauthorized fashion.

A type of protocol change that validates all previously invalid transactions, and invalidates all previously valid transactions.

A hard peg is an exchange rate policy, where a currency is set at a fixed rate against another currency.

A hardware wallet is a wallet for cryptocurrencies that usually resemble a USB stick.

A hash is the output result of a hashing algorithm, which creates a unique, fixed-length string to encrypt and secure a certain selection of arbitrary data.

A unit of measurement for the amount of computing power being consumed by the network to continuously operate.

A hashed timelock contract (HTLC) is an agreement between two parties that requires no trust between two users by offering special features to reduce risk.

A higher peak than the previous high.

A characteristic of an uptrend. When the price consistently makes new highs that are higher than the previous ones, it indicates a bullish (upward) trend.

If higher highs are observed, the market is typically considered to be dominated by buyers, signaling a continuation of the upward trend.

A higher trough than the previous low.

Another characteristic of an uptrend. When the price dips and then rises again, forming a low that is higher than the previous low, it indicates that the upward trend is holding.

The presence of higher lows supports the continuation of the uptrend.

A type of passive investment strategy where you hold an investment for a long period of time, regardless of any changes in the price or markets. The term first became famous due to a typo made in a Bitcoin forum, and the term is now commonly expanded to stand for “Hold On for Dear Life.”