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Proof of stake (PoS)

PoS is a consensus mechanism alternative to PoW that requires locking tokens as collateral.

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Progressive web app

Progressive web apps achieve the pros of both native and web apps.

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Private sale

A private sale is an investment round ahead of an ICO for institutional and big investors.

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Private key

The private key is the combination of characters that is generated by cryptography and acts as a digital signature of its owner.

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Price action

Price action a chart of an asset’s prices over time.

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Ponzi scheme

Ponzi schemes are scams where the fraud usually pays off old investors with money he receives from newer investors.

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Plasma

Plasma is a scaling solution that increases transaction speed and decrease costs by taking off the load from the main chain.

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Phishing

A phishing attack is a cyberattack by a malicious actor who attempts to extract sensitive information from users by pretending to be a familiar actor.

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Pegged currency

Pegging a currency means linking its value to the value of another asset at a fixed exchange rate.

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Peer-to-peer (p2p)

Peer to peer is a decentralized system that allows actors to directly interact with each other without the need for an intermediary.

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Passive management

Passive management investing is based on the efficient market hypothesis (EMH) and attempts to reproduce a market index.

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Paper wallet

A paper wallet is a piece of paper on which the private and public keys to the digital assets are printed or written down.

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