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Verifiable Delay Functions (VDFs) A succinct definition of Verifiable Delay Functions (VDFs) Verifiable Delay Functions (VDFs)Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYVERIFIABLE DELAY FUNCTIONS (VDFS)Copy linkShare on TwitterShare on FacebookShare on LinkedinVerifiable Delay Functions (VDFs)Verifiable Delay Functions (VDFs) are cryptographic constructs essential for the security and efficiency of blockchain and cryptocurrency. In simple terms, a VDF is a mathematical puzz…
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Web2 A succinct definition of Web2 Web2Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYWEB2Copy linkShare on TwitterShare on FacebookShare on LinkedinWeb2While Web1 was focused on making information accessible to the public, Web2 — the current version of the internet we know today — is about creating and contributing. It has become the basis for the commercialisation of the internet, spawning significant applications, such as e-commerce, social media, and virtual communicati…
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OCO Order A succinct definition of OCO Order OCO OrderLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYOCO ORDERCopy linkShare on TwitterShare on FacebookShare on LinkedinOCO OrderAn OCO order, short for one-cancels-the-other, is a type of advanced order commonly used in cryptocurrency trading where traders set two orders simultaneously (often a limit order and a stop order), with the idea that if one of the orders gets executed, the other order is automatically canceled.OCO orde…
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Fear & Greed Index A succinct definition of Fear & Greed Index Fear & Greed IndexLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYFEAR & GREED INDEXCopy linkShare on TwitterShare on FacebookShare on LinkedinFear & Greed IndexThe Fear & Greed Index is a sentiment analysis tool designed to gauge the emotions and behaviours of the broader cryptocurrency market. It helps traders understand whether the market is being driven by fear (which could lead to undervalued pric…
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Web1 A succinct definition of Web1 Web1Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYWEB1Copy linkShare on TwitterShare on FacebookShare on LinkedinWeb1Web1 generally refers to the first phase of internet evolution. It was the internet as we first came to know it, and what spawned the dot-com boom. Unlike today’s web, which is highly interactive, Web1 was fairly passive and all about reading and consuming information. This is why it is sometimes referred to as the ‘read-on…
Merkle Tree A succinct definition of Merkle Tree Merkle TreeLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYMERKLE TREECopy linkShare on TwitterShare on FacebookShare on LinkedinMerkle TreeIn blockchain, a Merkle tree summarises all the transactions in a block by producing a digital fingerprint of the entire set of transactions, thereby enabling users to verify whether or not a transaction was included in a block.Technically, a Merkle tree is a data structure constructed from th…
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Bitcoin ETF A succinct definition of Bitcoin ETF Bitcoin ETFLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYBITCOIN ETFCopy linkShare on TwitterShare on FacebookShare on LinkedinBitcoin ETFExchange-traded funds (ETFs) track the performance of an underlying asset and offer diversified exposure to various assets, providing liquidity and flexibility for traders. Bitcoin ETFs track the value of Bitcoin, providing traders with an opportunity to gain exposure to the cryptocurrency thr…
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Digital Asset A succinct definition of Digital Asset Digital AssetLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYDIGITAL ASSETCopy linkShare on TwitterShare on FacebookShare on LinkedinDigital AssetA digital asset is any form of electronic data that has economic value and can be owned or controlled by an individual or organisation. These include cryptocurrencies, securities, tokens, art and collectibles, data, and intellectual property.Digital currencies like Bitcoin, Ethereum,…
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Multi-Signature Authentication A succinct definition of Multi-Signature Authentication Multi-Signature AuthenticationLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYMULTI-SIGNATURE AUTHENTICATIONCopy linkShare on TwitterShare on FacebookShare on LinkedinMulti-Signature AuthenticationMulti-signature authentication (often referred to as multisig in cryptocurrency and blockchain) is a security feature that requires multiple private keys to authorise a transaction. Instead of relyin…
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DevP2P A succinct definition of DevP2P DevP2PLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYDEVP2PCopy linkShare on TwitterShare on FacebookShare on LinkedinDevP2PDevP2P, short for Developer Peer-to-Peer, is used in cryptocurrency and blockchain technology, specifically designed to facilitate peer-to-peer (P2P) communication amongst nodes (computers) in a decentralised network.One of the primary functions of DevP2P is node discovery. Nodes use DevP2P to find and connect to othe…
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