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Proof of Capacity A succinct definition of Proof of Capacity Proof of CapacityLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYPROOF OF CAPACITYCopy linkShare on TwitterShare on FacebookShare on LinkedinProof of CapacityIn Proof of Capacity (PoC), occasionally referred to as Proof of Space (PoSpace), network participants temporarily provide storage space on their hard drives in a bid to verify transactions and mine new blocks. While this process requires large amounts of data st…
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Proof of Elapsed Time (PoET) A succinct definition of Proof of Elapsed Time (PoET) Proof of Elapsed Time (PoET)Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYPROOF OF ELAPSED TIME (POET)Copy linkShare on TwitterShare on FacebookShare on LinkedinProof of Elapsed Time (PoET)Developed by chip manufacturing giant Intel, Proof of Elapsed Time (PoET) is best described as a time-lottery-based consensus algorithm. Usually used on permissioned blockchain networks (which require particip…
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Metadata A succinct definition of Metadata MetadataLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYMETADATACopy linkShare on TwitterShare on FacebookShare on LinkedinMetadata‘Metadata’ refers to data that provides information about other data within a blockchain network, which includes various types of supplementary information that helps describe, manage, and track the primary data (transactions, blocks, user information, smart contracts, etc.).For transactions, metadata pr…
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Confirmation Time A succinct definition of Confirmation Time Confirmation TimeLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYCONFIRMATION TIMECopy linkShare on TwitterShare on FacebookShare on LinkedinConfirmation TimeConfirmation time refers to the amount of time it takes for a transaction to be verified and added to the blockchain. Confirmation time in blockchain is measured as the duration between the submission/initiation of a transaction to the network and its final inclus…
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Blockchain A succinct definition of Blockchain BlockchainLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYBLOCKCHAINCopy linkShare on TwitterShare on FacebookShare on LinkedinBlockchainBlockchain is the underlying technology behind cryptocurrencies. A type of distributed ledger technology (DLT), blockchain is a database mechanism that facilitates the recording of transactions online. Information on a blockchain is encrypted and managed in a decentralised and trustless manner.Some…
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Timestamp A succinct definition of Timestamp TimestampLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYTIMESTAMPCopy linkShare on TwitterShare on FacebookShare on LinkedinTimestampA timestamp is the exact moment when a particular block is mined and validated to the blockchain. It serves as a record of the time at which a transaction or event occurred, ensuring the chronological order of blocks.Timestamps ensure that transactions are added to the blockchain in the correct order, p…
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How to Stake Ethereum Unlock the potential of Ethereum by staking ETH on Crypto.com and earning rewards while helping to secure the network. How to Stake EthereumLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYEthereum21 Jul 2023|INTERMEDIATE|5 MIN READHow to Stake EthereumUnlock the potential of Ethereum by staking ETH on Crypto.com and earning rewards while helping to secure the network. Ready to venture into the world of Ethereum staking? Discover how it works, the factors …
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How to Stake Ethereum Unlock the potential of Ethereum by staking ETH on Crypto.com and earning rewards while helping to secure the network. How to Stake EthereumLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYEthereum21 Jul 2023|INTERMEDIATE|5 MIN READHow to Stake EthereumUnlock the potential of Ethereum by staking ETH on Crypto.com and earning rewards while helping to secure the network. Ready to venture into the world of Ethereum staking? Discover how it works, the factors …
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Quick Guide to Using the Crypto.com App Learn how to use the Crypto.com App for seamless trading and management of crypto assets — plus discover more extensive features it offers. Quick Guide to Using the Crypto.com AppLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYTrading19 Jun 2023|BEGINNERS|4 MIN READQuick Guide to Using the Crypto.com AppLearn how to use the Crypto.com App for seamless trading and management of crypto assets — plus discover more extensive features it …
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Proof of Work (PoW) A succinct definition of Proof of Work (PoW) Proof of Work (PoW)Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYPROOF OF WORK (POW)Copy linkShare on TwitterShare on FacebookShare on LinkedinProof of Work (PoW)The Proof of Work (PoW) consensus mechanism is a method of validating transactions, which requires miners to solve complex mathematical problems to add new blocks to the blockchain. Used by Bitcoin and many other public blockchains, PoW — the original …
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