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NFT Sales Volume Index (7D) A succinct definition of NFT Sales Volume Index (7D) NFT Sales Volume Index (7D)Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYNFT SALES VOLUME INDEX (7D)Copy linkShare on TwitterShare on FacebookShare on LinkedinNFT Sales Volume Index (7D)The NFT Sales Volume Index (7D) is calculated to select the top 25 non-fungible token (NFT) collections by multiplying the number of editions sold by the price of an item over a previous seven-day period.This metri…
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Vitalik Buterin A succinct definition of Vitalik Buterin Vitalik ButerinLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYVITALIK BUTERINCopy linkShare on TwitterShare on FacebookShare on LinkedinVitalik ButerinVitalik Buterin is a Canadian programmer who founded Ethereum, the second-largest cryptocurrency by market capitalisation. Born in Russia in 1994, Buterin eventually emigrated with his family to Canada as a child. His father was a computer scientist, and at an early age, Vi…
Death Cross A succinct definition of Death Cross Death CrossLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYDEATH CROSSCopy linkShare on TwitterShare on FacebookShare on LinkedinDeath CrossA death cross is a chart pattern reflecting an asset’s price weakness in reference to the drop of its short-term moving average (MA) price below its long-term moving average price. An MA is the average price of an asset over a set period of time.Traders commonly use the 50-period moving aver…
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Mining Pool A succinct definition of Mining Pool Mining PoolLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYMINING POOLCopy linkShare on TwitterShare on FacebookShare on LinkedinMining PoolA mining pool is the consolidation of computational power amongst a group of cryptocurrency miners (nodes) who work collectively to solve mathematical problems in order to better their chances of receiving rewards.In a mining pool, groups of miners have a much higher chance of solving the math…
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Coin A succinct definition of Coin CoinLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYCOINCopy linkShare on TwitterShare on FacebookShare on LinkedinCoinA coin is a digital asset that runs on a native blockchain, acts as money, and can be created through mining. Unlike tokens, coins are not designed with utility functions, such as voting rights. Instead, they serve as digital currencies used as a medium of exchange within a digital economic ecosystem. A coin is defined by thre…
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Merkle Root A succinct definition of Merkle Root Merkle RootLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYMERKLE ROOTCopy linkShare on TwitterShare on FacebookShare on LinkedinMerkle RootA Merkle tree (or hash tree) is a binary tree structure where each leaf node represents a hash of a block of data. The tree is built by hashing pairs of leaf nodes until there is only one hash left, which is the Merkle root.The Merkle root contributes to the security of the blockchain by allow…
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DEX Aggregator A succinct definition of DEX Aggregator DEX AggregatorLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYDEX AGGREGATORCopy linkShare on TwitterShare on FacebookShare on LinkedinDEX AggregatorIn blockchain, a decentralised exchange (DEX) aggregator refers to a platform or service that simultaneously sources from multiple DEXs in order to achieve the best possible trading prices and liquidity for a trader’s transactions. DEX aggregators play a crucial role in enhanc…
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Permissionless A succinct definition of Permissionless PermissionlessLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYPERMISSIONLESSCopy linkShare on TwitterShare on FacebookShare on LinkedinPermissionlessA permissionless system is one that has no apparent ‘gatekeepers’, meaning there isn’t something or someone able to stop any particular person or thing from using it or limiting access to it. For example, Bitcoin is permissionless because anyone can use its features.In the…
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Oracle A succinct definition of Oracle OracleLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYORACLECopy linkShare on TwitterShare on FacebookShare on LinkedinOracleAn oracle is a bridge that connects blockchain networks with external data sources or systems. While smart contracts are powerful tools for automating processes on the blockchain, they are typically unable to access data from outside their network. This limitation is where blockchain oracles come into play.Blockchain …
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Metaverse A succinct definition of Metaverse MetaverseLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYMETAVERSECopy linkShare on TwitterShare on FacebookShare on LinkedinMetaverseFirst coined by Neal Stephenson in 1992, the term ‘metaverse’ refers to the idea of a virtual world that mimics the real world. The first half of this compound, ‘meta’, means ‘beyond’, and the latter, ‘verse’, is short for ‘universe’. Together, it’s the idea of a 3D internet, where…
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