A cryptocurrency exchange is the platform who acts as an intermediary between the buyers and the sellers. It allows to visualize the prices and to trade in real time for all the available cryptocurrencies.« Back to Glossary Index
The meaning is “Initial Coin Offering”. The ICO is basically a funds raising process. In this process, the issuer sells a new token in exchange for a cryptocurrency. The process runs under the network of an existing cryptocurrency. This cryptocurrency will be the one used to get the money.
Open-source refers to a program or software that is publicly available. This collaborative approach allows anyone outside the project to access, view, modify, and contribute new ideas to the code. As a result, open-source code is free and available for anyone. In exchange, a much larger audience is able to review and improve the code.