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Inter-Blockchain Communication Protocol (IBC) A succinct definition of Inter-Blockchain Communication Protocol (IBC) Inter-Blockchain Communication Protocol (IBC)Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYINTER-BLOCKCHAIN COMMUNICATION PROTOCOL (IBC)Copy linkShare on TwitterShare on FacebookShare on LinkedinInter-Blockchain Communication Protocol (IBC)Launched by the Interchain Foundation, the Inter-Blockchain Communication Protocol (IBC) is an open-source blockchain that e…
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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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Blockchain Oracle A succinct definition of Blockchain Oracle Blockchain OracleLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYBLOCKCHAIN ORACLECopy linkShare on TwitterShare on FacebookShare on LinkedinBlockchain OracleOracles are an essential part of every blockchain ecosystem, as they allow Web3 protocols to access legacy systems, existing data, and advanced computations. In addition, decentralised oracle networks (DONs) are essential because they allow for the creation of hyb…
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Blockchain Interoperability A succinct definition of Blockchain Interoperability Blockchain InteroperabilityLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYBLOCKCHAIN INTEROPERABILITYCopy linkShare on TwitterShare on FacebookShare on LinkedinBlockchain InteroperabilityBlockchain interoperability allows different blockchains to seamlessly exchange data, assets, and functionality. Its main purpose is to overcome blockchain isolation by enabling different blockchains, each with the…
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Consortium Blockchain A succinct definition of Consortium Blockchain Consortium BlockchainLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYCONSORTIUM BLOCKCHAINCopy linkShare on TwitterShare on FacebookShare on LinkedinConsortium BlockchainConsortium blockchains are typically created by corporations that want to leverage the power and benefits of a blockchain but do not wish to have their information publicly available on a more open and transparent one, like Ethereum or Bitcoin,…
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Blockchain Trilemma A succinct definition of Blockchain Trilemma Blockchain TrilemmaLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYBLOCKCHAIN TRILEMMACopy linkShare on TwitterShare on FacebookShare on LinkedinBlockchain TrilemmaOriginally coined by Vitalik Buterin, the creator of Ethereum, the blockchain trilemma is an issue that currently plagues all blockchains. To be precise, it is commonly considered that most blockchains can only provide two out of three of the following b…
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Open-Source Blockchain A succinct definition of Open-Source Blockchain Open-Source BlockchainLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYOPEN-SOURCE BLOCKCHAINCopy linkShare on TwitterShare on FacebookShare on LinkedinOpen-Source BlockchainAn open-source blockchain refers to a blockchain network or protocol whose source code is made publicly available, allowing anyone to freely view, modify, and distribute the code. Open-source blockchain projects offer several key benefits…
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What Are Blockchain Forks? This guide explains what blockchain forks are, the differences between hard and soft forks, and how they can change the functionality and price of cryptocurrencies. What Are Blockchain Forks? Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYBlockchain13 Jun 2023|INTERMEDIATE|4 MIN READWhat Are Blockchain Forks? This guide explains what blockchain forks are, the differences between hard and soft forks, and how they can change the functionality and pr…
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What Are Blockchain Forks? This guide explains what blockchain forks are, the differences between hard and soft forks, and how they can change the functionality and price of cryptocurrencies. What Are Blockchain Forks? Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYBlockchain13 Jun 2023|INTERMEDIATE|4 MIN READWhat Are Blockchain Forks? This guide explains what blockchain forks are, the differences between hard and soft forks, and how they can change the functionality and pr…
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Bitcoin NFTs — How the Ordinals Protocol Works Learn all about what the Bitcoin Ordinals protocol is and how it works — from satoshis to inscriptions to NFTs. Bitcoin NFTs — How the Ordinals Protocol WorksLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYBitcoin28 Feb 2025|INTERMEDIATE|6 MIN READBitcoin NFTs — How the Ordinals Protocol WorksLearn all about what the Bitcoin Ordinals protocol is and how it works — from satoshis to inscriptions to NFTs. Introduction The B…
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