M | Glossary | FinchTrade

Mainchain

Mainchain refers to the primary blockchain in a network, where the main ledger of transactions is maintained and validated.

Mainnet

Mainnet is the primary network where actual transactions occur on a blockchain, as opposed to testnet or other experimental networks.

Market FOK order

A "Fill or Kill" (FOK) order is a type of market order used in trading that mandates the immediate execution of the entire order at the specified price or better. If the order cannot be completely filled right away, it is automatically canceled. This type of order is typically used by traders who want to ensure that they either get their entire order filled at the desired price or not at all, avoiding partial fills.

Market IOC order

A Market IOC (Immediate-Or-Cancel) order is a type of stock market order that instructs the broker to execute the trade immediately at the current market price. If the entire order cannot be filled instantly, any unfilled portion is canceled. This type of order is used by traders who prioritize speed and are willing to accept partial fills but do not want any delay in execution.

Market risk

Market risk refers to the potential for financial loss due to fluctuations in market prices, such as changes in stock prices, interest rates, currency exchange rates, and commodity prices. It is a key concern for investors, financial institutions, and businesses, as it can impact the value of investments and financial positions. Managing market risk involves strategies like diversification, hedging, and the use of financial instruments to mitigate potential adverse effects.

Merkle Tree

A Merkle Tree, also known as a hash tree, is a data structure used in computer science and cryptography to efficiently and securely verify the integrity of large sets of data. It organizes data into a tree-like structure where each leaf node represents a hash of a data block, and each non-leaf node is a hash of its child nodes. This hierarchical arrangement allows for quick and reliable verification of data integrity, making Merkle Trees essential in blockchain technology, distributed systems, and peer-to-peer networks.

Metcalfe’s Law

Metcalfe's Law is a principle in network theory that states the value of a network is proportional to the square of the number of its users. Formulated by Robert Metcalfe, the law suggests that as more users join a network, the number of potential connections increases exponentially, thereby significantly enhancing the network's overall value and utility. This concept is often applied to social networks, telecommunications, and other systems where connectivity is crucial.

Micro Cap

Micro Cap refers to companies with a market capitalization typically between $50 million and $300 million.

Microtransaction

A microtransaction is a small financial transaction conducted online, often used in video games and apps to purchase virtual goods or unlock additional features.

Mid Cap

Mid Cap refers to companies with a market capitalization (total market value of a company's outstanding shares) that falls between large-cap and small-cap companies. Typically, mid-cap companies have a market capitalization ranging from $2 billion to $10 billion. These companies are often considered to be in a growth phase, offering a balance between the stability of large-cap companies and the high growth potential of small-cap companies. Investing in mid-cap stocks can provide a mix of growth and stability, making them an attractive option for many investors.

Mimetic Theory

Mimetic Theory, developed by René Girard, posits that human behavior and culture are driven by imitation, leading to rivalry and conflict, which are resolved through scapegoating mechanisms.

Mineable

Mineable refers to the capability of a cryptocurrency to be created or obtained through the process of mining, which involves solving complex mathematical problems to validate transactions and secure the network.

Miners

In the context of cryptocurrency and blockchain technology, miners are individuals or entities that use computational power to validate and secure transactions on a blockchain network. They play a crucial role in maintaining the integrity and security of decentralized networks like Bitcoin, Ethereum (prior to its transition to proof of stake), and other cryptocurrencies that use a Proof of Work (PoW) consensus mechanism.

Mining Farm

A mining farm is a facility housing numerous computers and specialized hardware to mine cryptocurrencies by solving complex mathematical problems, thereby validating transactions on a blockchain network.

Mining Rig

A mining rig is a specialized computer system designed for the purpose of mining cryptocurrencies. It typically consists of multiple high-performance graphics processing units (GPUs) or application-specific integrated circuits (ASICs) that work together to solve complex mathematical problems, validating transactions on a blockchain network. Mining rigs are optimized for efficiency and speed, often featuring advanced cooling systems and power supplies to handle the intense computational workload. They play a crucial role in securing blockchain networks and earning cryptocurrency rewards for their operators.

Minting

Minting refers to the process of creating new coins, tokens, or digital assets. In traditional finance, it involves producing physical currency, typically by a government or authorized entity. In the context of blockchain and cryptocurrencies, minting is the creation of new digital tokens or coins, often through mechanisms like proof of stake or smart contracts. This process is essential for introducing new assets into circulation and can also involve the validation and recording of transactions on a blockchain.

Monetary Authority of Singapore (MAS)

The Monetary Authority of Singapore (MAS) is Singapore's central bank and financial regulatory authority, responsible for overseeing the country's monetary policy, financial sector stability, and economic growth.

Glossary