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cryptography./n
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Moreover, an economic utility exists within the engagement that takes place between the customer’s wants and needs as well as the capability of the product or service.</p>\n<p>Having a bike and roller skates, for example, is not always better than having one form of transportation. Both commodities may be equally beneficial to own, but if you can use one to get to your destination, the other may become less helpful.</p>\n<p><strong>To specify, form utility refers to how successfully a good or service has been constructed to fulfill the demands and needs of the client. </strong>Time utility occurs when a firm attempts to correlate the accessibility of an item or service with time-based increases in <strong>client demand.</strong></p>\n<p>Besides that, a place utility refers to developing products or services that are accessible to possible clients physically. Lastly, the possession utility is essentially the quantity of identified <strong>worth</strong> that a client receives from having a good.</p>","level":"easy","meta_title":"What is Economic Utility? Definition & Meaning | Crypto Wiki","meta_description":"Economic Utility meaning: Economic Utility - refers to the total fulfillment that an individual may acquire by obtaining a product or service.","meta_keywords":null,"language":"en","created_at":"2022-03-10T08:35:11.000000Z","updated_at":"2022-05-13T14:32:23.000000Z","preview_url":"https://www.bitdegree.org/crypto/learn/crypto-terms/what-is-economic-utility"},"prevSection":{"id":301,"original_id":null,"author_id":41,"translator_id":null,"title":"What is EMA (Exponential Moving Average)?","slug":"what-is-ema-exponential-moving-average","section":"E","keyword":"EMA (Exponential Moving Average)","status":"published","definition":"an indicator used to show the recent changes in price while maintaining the observations of older charts.","content":"<p><strong>Exponential Moving Average (EMA)</strong> is a <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-are-technical-indicators/">technical indicator</strong></a> that analyzes recent data on the price changes of an asset. It is frequently used by traders who observe changes in the traditional or <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-cryptocurrency/">cryptocurrency markets and act accordingly. The EMA reacts to asset changes faster than other <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-moving-average-ma/">moving averages (MAs)</strong></a>. An indicator is used to draw the EMA line.</p>\n<p>If the candles in the graph are above the EMA lines, the index shows an uptrend, which can signal a <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-bull-market/">bullish market</strong></strong></a>. If the candle appears below a line, it indicates that the market price has fallen. EMA graphs can be used to predict price movements based on the ongoing price patterns. It’s considered to be an efficient tool in financial markets.</p>\n<p>Since EMA is seen as reliable for market direction predictions, it is used alongside other technical indicators to better determine market changes and trends. It is often used by traders taking part in fast-moving markets and can help detect trading biases.</p>\n<p>According to market experts, there are two EMA settings preferred by different types of traders:</p>\n<ul>\n<li><strong>8-day and 20-day EMAs</strong>: preferred by <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-day-trading/">day traders</strong></a>;</li>\n<li>50-day and 200-day EMAs: preferred by long-term traders.</li>\n</ul>\n<p>The formula to calculate the exponential moving average is:</p>\n<p><img style=\"display: block; margin-left: auto; margin-right: auto;\" title=\"EMA (Exponential Moving Average): The EMA formula\" src=https://www.bitdegree.org/"https://assets.bitdegree.org/crypto/storage/media/ema-exponential-moving-average.o.jpg/" alt=\"EMA (Exponential Moving Average): The EMA formula\" width=\"880\" height=\"300\" /></p>\n<p><strong>EMA = Exponential Moving Average</strong>; Smoothing = 2; the smoothing factor can be increased if traders want the most recent price data to have more influence on the indicator.</p>\n<p>The calculation can be complicated as EMAs provide the most recent inputs of the asset price. While the small moving average (SMA) is also a reliable indicator, the data provided by applying EMA reacts more to sudden price fluctuations and market reversals.</p>\n<p>Alongside EMA, other popular technical indicators used by traders to analyze the asset data in traditional and crypto markets are the <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-relative-strength-index-rsi/">relative strength index (RSI)</strong></a>, <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-moving-average-convergence-divergence-macd/">moving average convergence divergence (MACD)</strong></a>, <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-on-balance-volume-obv/">on-balance volume indicator (OBV)</strong></strong></a>, <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-aroon-indicator/">Aroon indicator</strong></a>, and the <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-stochastic-oscillator/">stochastic oscillator</strong></a>.</p>\n<p>The range of technical indicators helps explore different mechanisms and aspects of a financial aspect, such as <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-volume/">volume or price weightage. It is generally recommended to use a number of varying indicators before making an investment in any asset on both traditional and crypto markets.</p>","level":"medium","meta_title":"What is EMA (Exponential Moving Average)? Definition & Meaning | Crypto Wiki","meta_description":"EMA (Exponential Moving Average) meaning: EMA (Exponential Moving Average) - an indicator used to show the recent changes in price while maintaining the observations of older charts.","meta_keywords":null,"language":"en","created_at":"2022-03-09T17:08:51.000000Z","updated_at":"2022-05-13T14:32:23.000000Z","preview_url":"https://www.bitdegree.org/crypto/learn/crypto-terms/what-is-ema-exponential-moving-average"},"currentChapter":"E","currentSection":"what-is-encryption","chapterTitle":"E","readingLevel":"easy"},"url":"/crypto/learn/crypto-terms/what-is-encryption","version":"cdd198d50cbe5c9c21c9329d7c096ffc"}" class="container-fluid d-flex crypto-book p-0"> Crypto Terms: Letter E
What is Encryption?
Encryption MEANING:
Encryption -
a method of securing information by turning it into code.
Let's find out Encryption meaning, definition in crypto,
what is Encryption,
and all other detailed facts.
Encryption is a method of turning information into code that hides its initial meaning, this way securing it. Encryption and decryption are processes of cryptography.
Unencrypted information is usually known as plaintext since it is plainly available and legible. The encrypted text is referred to as ciphertext. This process does not just entail information in text format, almost any digital information can be encrypted.
The code can be created using alphanumeric symbols or other special characters. The information encrypted with the code cannot be read or decrypted without using special equipment.
Encrypted data appears as completely scrambled and randomized data which can only be accessed by parties that have been authorized to view the information. Authorized parties must hold a cryptographic key to decrypt and access the data. The cryptographic key acts as a set of mathematical values that must match between the sender and the recipient.
If the plaintext reads “Blockchain technology”, the encrypted ciphertext may look like FHHI435SDFGH09HO. There is no direct link between the plaintext and the ciphertext that could hint at its context, thus making it incomprehensible to unauthorized parties.
There are different encryption methods that vary in their level of complexity and security. Typically, the highly secure encryptions use reinforced keys. Such keys are nearly impossible to break into even by employing brute force methods, where a bot is used to guess the key values.
Since cryptography plays a crucial role in blockchain technology, most cryptocurrencies employ encryption on some level, usually to protect the password of the private key.
