ELLIPTIC CURVE DIGITAL SIGNATURE ALGORITHM (ECDSA)
Elliptic Curve Digital Signature Algorithm (ECDSA) is a cryptographic algorithm used by Bitcoin to ensure that funds can only be spent by their rightful owners.
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Tokenomics refers to the economic model and design behind a cryptocurrency or token, including factors like supply, demand, and utility. In trading, tokenomics is essential for evaluating the potential value and longevity of a digital asset. Traders assess tokenomics by analyzing the token's issuance model (e.g., fixed or inflationary supply), its use cases within a network, and its governance structure. A strong tokenomics framework is vital for the success of projects in the cryptocurrency space and influences investor confidence and market demand.