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Private Key

Concept Private key (or secret key) is a strictly personal code that is only known to the recipient (the user...

Pruned Node

Concept A type of node (blockchain node)- specifically, a bitcoin node- that stores only a part of the blockchain, and...

PoS

It stands for proof of stake; an alternative consensus mechanism to proof of work (PoW) for blockchains. Instead of consuming...

Proof of Stake

An alternative consensus mechanism to proof of work (PoW) for blockchains. Instead of consuming computing power to validate transactions, validators,...

PoW

It stands for proof of work; a form of cryptographic proofing mechanism whereby one community member (the prover) provides to...

Proof of Work

Concept Proof of work is a form of cryptographic proofing mechanism whereby one community member (the prover) provides to others...

Period Average Exchange Rate

An exchange rate that is calculated as a simple or weighted average of either current (spot) or historical exchange rate...

Points Forward Delta

The ratio of the change in the future value (FV) of an option to the change in a forward contract...

Pips Forward Delta

The ratio of the change in the future value (FV) of an option to the change in a forward contract...

Points Spot Delta

The ratio of the change in present value of an option with respect to the change in spot, where both...