Understanding the world of Bitcoin is difficult, it is currently midway between the nerd world of technology and the user friendly world of the everyday customer. It is at the bit Steve Jobs did in creating an interface meaning anybody can use a computer, not just those who have studied the details and technical engineering that runs in the background.
To help negotiate and understand the technical language being bandied about I have created the Cryptocurrency Dictionary as something to reference when suddenly things get complicated (and it often does).
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