Microtransaction
A microtransaction is a way to make tiny payments for small digital items or services, like game upgrades or parts of an ebook.
More terms under M
- MicroBitcoin (uBTC)MicroBitcoin, or uBTC, is a tiny part of a bitcoin. It is equal to one millionth of a bitcoin, which means 0.000001 of a bitcoin. It is not a separate version…
- MicrochainMicrochains are small, efficient blockchains that work together using the same group of validators. In this setup, one group creates new blocks, while another…
- MicropaymentA micropayment is a very small online transaction, often worth just a tiny amount, like a fraction of a cent.
- Mid CapMid cap refers to cryptocurrencies that have a market value between $1 billion and $10 billion.
- MilliBitcoinMilliBitcoin, or mBTC, is a small part of Bitcoin. One mBTC is equal to one-thousandth of a Bitcoin, which is the most well-known and valuable cryptocurrency.
- Mimetic TheoryMimetic theory is the idea that people want things because others want them too. In economics, it helps explain why certain products or assets, like…
Educational definition. Protocol rules and market conventions can differ; check an asset's official documentation.