A popular term for describing deceptive investment schemes where investors lose all their money after a time.

A Ponzi scheme is a popular term used to describe dishonest investment opportunities and schemes. Such schemes are often characterized by overly high return on investments and hazy methods of business operation. However, because the potential profits are high, many new investors commit themselves financially and usually end up losing most or all of their funds. This loss often comes after the founder of the scheme disappears with investors’ funds or applies for bankruptcy.

Ponzi schemes were named after an Italian swindler from the 1920s, Charles Ponzi. He duped many different people with his schemes and inadvertently developed the framework for these kinds of cons. Cryptocurrency skeptics often describe it as a ponzi scheme that will eventually collapse.

The graphic representation of the movement of an asset’s price over time.

A price action simply refers to the movement of the price of an asset or commodity over time as captured in a chart. Because of this graphic representation across units of time, traders are able to identify periods when prices were high, low, rising, falling, etc. Thus, price actions help observers monitor the historical or live movement of an asset or commodity price, thereby allowing the observer to decide on whether to buy, sell, or continue watching the price trend.

Price actions are generally the most fundamental factor for all kinds of technical market analysis. They serve as the most important part of predictive algorithms.

An innovative Ethereum-based off-the-main-chain solution to better integrate the network for better transactions.

Plasma is the term used in the Ethereum community to describe an innovative solution meant for scaling the network. The main idea is that the Ethereum network can run more efficiently if it has smaller chains to run some of its operations. As such, the network will assume the form of a mega cell with other cells empowering it, thereby scaling transaction processing. The ‘glue’ for this interaction process across the main network and the other chains is plasma.

Plasma has not been implemented. However, users expect it to significantly boost the efficiency of the Ethereum network with its off-the-chain side operations.

Ponzi Scheme

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