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The token price differences between global crypto exchanges and South Korean exchanges.

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Difficulty

Difficulty is a parameter in cryptocurrency networks that serves as a limiter to maintain a consistent average time between blocks, even as the network's hashing power fluctuates. Difficulty adjusts periodically (e.g., every 2016 blocks in Bitcoin) to reflect changes in the total computational power of the network. It ensures block generation remains steady despite increases or decreases in the number of miners or the power of mining equipment.

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Dutch Auction

A Dutch auction, also known as a uniform price auction or descending auction, is an auction strategy where the auctioneer begins with the highest possible bidding price and gradually lowers it until bids are collected that cover the entire offer amount. Dutch auctions are used in financial markets like Initial Public Offerings (IPOs) or to sell bonds.

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