Light Node
A light node, also known as a thin client, does not maintain a complete copy of the blockchain like a full node does. Instead, it only stores the block headers and omits the block transactions.
This allows light nodes to operate on devices with limited memory capacity, such as smartphones. However, light nodes rely on full nodes to function properly.
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Lambo Wealth
Lambo Wealth is a colloquial term that refers to achieving a level of financial success through cryptocurrency trading, sufficient to afford a Lamborghini.
Laotian Kip (LAK)
The Laotian Kip (LAK) serves as the official currency of Laos, a landlocked nation situated in Southeast Asia. The Lao Kip was established in 1952, replacing the French Indochinese Piastre at a conversion rate of 1 Kip for 60 Piastres. The Bank of the Lao PDR is tasked with the issuance and management of the Lao Kip.
Large-Scale Asset Purchases (LSAPs)
Large-scale asset purchases (LSAPs), commonly known as “quantitative easing,” are a monetary policy instrument utilized by central banks to expand the money supply and invigorate the economy. LSAPs entail the central bank acquiring substantial amounts of assets, such as government bonds, from banks and other financial entities. This process increases the money available in circulation and reduces the cost of borrowing for banks.
Laser Eyes
The Laser Eyes meme primarily manifests by altering your profile picture or avatar on various online platforms, including social media, to feature laser eyes.
Latency
Latency refers to the delay that occurs between the transmission of information from a source and its reception at the destination. A specific instance of this is the time taken from when an order is placed in an electronic trading system to when that order is executed.
Latency-Driven Trading
Latency-driven trading refers to a trading strategy that seeks to capitalize on latency discrepancies among traders or trading platforms.