Decryptopedia Terms Beginning With 'U'

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Basel Committee on Banking Supervision (BCBS)

An international standards-setting and financial stability authority made up of 45 members representing 28 countries from around the world. Regarding cryptocurrency asset regulation, the Committee makes suggestions to banks on how to limit their exposure to crypto asset risk, in the form of varying capital requirements for different types of cryptocurrencies, such as stablecoins, or tokenized sticks, or non-stablecoin not-tokenized cryptocurrencies like bitcoin (BTC) and most altcoins

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Common Crypto Terms

The crypto market, born out of money meeting technology, covers a vast amount of subjects. Crypto not only covers cryptocurrency trading, but it includes everything from digital payments,...

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Terms that start with “U”

Unconfirmed Transaction
An Unconfirmed Transaction refers to a blockchain transaction, such as buying, selling, or transferring a cryptocurrency, that hasn’t been permanently recorded to the blockchain. An unconfirmed transaction status means that the network of miners or validators hasn’t completely examined the transaction in full, to determine that there aren’t any pending transactions involving the same cryptocurrency being used.
Uniswap
Uniswap is currently the largest decentralized exchange (DEX) by trading volume operating on the Ethereum blockchain, which allows anyone to swap ERC20 tokens. Uniswap was the pioneer in using the automated market maker model, where users supply Ethereum tokens to liquidity pools, and algorithms determine how to price assets.

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Terms that start with “U”