Stands for Anti-Money Laundering laws. These are a set of regulations that every cryptocurrency must follow in order to avoid dishonest or malicious activity by criminal organizations.
A wealthy individual or group of individuals that provide capital to startup businesses in exchange for a debt or equity in the related business.
Is risk free profit made by trading the same asset between different markets that have different pricing.
Stands for Application-Specific Integrated Circuit. In general terms an ASIC is a very powerful chip designed with a specific purpose in mind.
In Bitcoin, ASICs are powerful chips designed specifically to mine bitcoin more efficiently. The introduction of these chips dramatically increased the hash rates for bitcoin miners.