Elon Musk talks Crypto：Esports

Esports

Electronic sports, commonly known as e-sports, is a term used for digital gaming competition, in which players battle against each other in an individual or team-based format often in a competition or event that offers huge monetary rewards to the winners. Some e-sports games are also available in a single-player mode.

ETH/BTC

ETH/BTC is a popular cryptocurrency trading pair that denominates the price of Ethereum in Bitcoin.

Ethash

Ethash is the algorithm utilized for the proof of work mining Ethereum and ETH-based cryptocurrencies.

Ether

The form of payment used in the operation of the distribution application platform, Ethereum.

Ethereum Difficulty

Ethereum difficulty plays a crucial role in maintaining the stability and security of the network, especially in the context of Ethereum's transition to a Proof-of-Stake (PoS) consensus mechanism.

Ethereum ETF

An Ethereum Exchange Traded Fund (ETF) is an investment tool that allows investors to get exposed to Ethereum's price movements through traditional stock exchanges.

Ethereum Improvement Proposal (EIP)

Ethereum Improvement Proposals (EIPs) describe standards for the Ethereum platform, including core protocol specifications, client APIs, and contract standards.

Ethereum Request For Comment (ERC)

Ethereum Request for Comment (ERC) is the protocol to introduce new improvements to the network by developers.

Ethereum Transaction

Ethereum transaction are cryptographically signed instructions to initiate a transaction to update the state of the Ethereum network.

Ethereum Virtual Machine (EVM)

A Turing-complete virtual machine that enables execution of code exactly as intended; it is the runtime environment for every smart contract. Every Ethereum node runs on the EVM to maintain consensus across the blockchain.

Event Triggers

When a transaction is mined, smart contracts can emit events and write logs to the blockchain which the frontend can then process.

Exchange

Businesses that allow customers to trade cryptocurrencies for fiat money or other cryptocurrencies.

Exchange Traded Fund (ETF)

A security that tracks a basket of assets such as stocks, bonds, and cryptocurrencies but can be traded like a single stock.

Exit Scam

An exit scam is a trick where projects disappear (or shut down) after accumulating investors’ money. In other industries, this event occurs when a business stops shipping orders even if it is receiving payment for the new ones.

Fakeout

A fakeout is a sudden and temporary move in a market that tricks traders into thinking that a trend is emerging when, in fact, it is not.

Falling Knife

A falling knife refers to the price dive of an asset and denotes a downward momentum of the financial market.

Falling Wedge

Falling wedges, also known as descending wedges, have a distinct downward slope and a bullish bias in comparison to symmetrical triangles, which have no discernible slope and no bias.

Fan Token

A fan token is a cryptocurrency issued by a specific sports team and allows its holders to participate in the governing activities and attain exclusive rewards & discounts.

FATF Travel Rule

The FATF Travel Rule requires virtual asset service providers to regulate information sharing for certain large transactions.