All Answers (7) 1  Quantile is moor common definition. It include The 2-quantile is called the median, The 5-quantiles are called quintiles. See link bottom. http://en.wikipedia.org/wiki/Quantile http://en.wikipedia.org/wiki/Quantile. Jul 25, 2014 2  Â·. Thank you Igor for providing the definition of quantiles.
Bitcoin is similar, although it is significantly more traceable and expensive than cash. Traceability can be critical to certain transactions. If someone wants to buy illegal goods like illicit drugs, cash is ideal because it does not produce a record of the transaction that can easily by traced or associated with the payor or payee.
This is important step as it is the first practical and proven application of the blockchain technology that is used in production environment. Bitcoin created strong cross-border following and currently is traded in speculative markets with rapid increase of value (and high price volatility as well).