Futures
By CoinGecko | Updated on Mar 03, 2020
A futures contract is a form of derivative financial instrument. It repesents an agreement to buy or sell a particular underlying asset/commodity at a predetermined price and at a specified time in the future.
Compared to options which provides one of the parties involved with the rights but not obligations to transact, futures repesent an obligation to transact based on the pre-determined parameters.
Related Terms
Centralized
An organization structure wherein a small handful of actors have control over the entire network.
Buy Wall
Anomalously large buy order(s) at a single price point that reflects as a "wall" in the order book.
Proof of Stake (PoS)
A consensus algorthm that assigns block validation queue based on the coins/token locked in by the validator.
Sharding
A form of database partitioning which breaks up data into smaller segments.
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