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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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Margin Call A succinct definition of Margin Call Margin CallLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYMARGIN CALLCopy linkShare on TwitterShare on FacebookShare on LinkedinMargin CallA margin call occurs when the value of a trader’s margin account falls below the required maintenance margin level (a certain threshold set by the exchange or trading platform). This typically happens as the market price of an asset fluctuates in real time and the market moves against the tr…
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Directed Acyclic Graph (DAG) A succinct definition of Directed Acyclic Graph (DAG) Directed Acyclic Graph (DAG)Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYDIRECTED ACYCLIC GRAPH (DAG)Copy linkShare on TwitterShare on FacebookShare on LinkedinDirected Acyclic Graph (DAG)A directed acyclic graph (DAG) is a type of data structure aiming to improve upon shortcomings of a conventional blockchain, particularly scalability. A DAG has no blocks, though transactions come through via …
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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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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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Scalability Trilemma A succinct definition of Scalability Trilemma Scalability TrilemmaLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYSCALABILITY TRILEMMACopy linkShare on TwitterShare on FacebookShare on LinkedinScalability TrilemmaThe blockchain scalability trilemma, also known as blockchain trilemma, is one of the greatest hurdles for cryptocurrency. It states that blockchains can only simultaneously achieve two out of either decentralisation, scalability, or security — bu…
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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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Immutability A succinct definition of Immutability ImmutabilityLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYIMMUTABILITYCopy linkShare on TwitterShare on FacebookShare on LinkedinImmutabilityimmutability means that once data is written to the blockchain, it cannot be altered, deleted, or tampered with. This is a foundational characteristic that ensures the integrity and security of the data stored on the blockchain.The blockchain’s structure, where each block is linked to t…
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Faucet A succinct definition of Faucet FaucetLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYFAUCETCopy linkShare on TwitterShare on FacebookShare on LinkedinFaucetA faucet is an effortless way for users to earn cryptocurrency that doesn’t require any technical skills or purchasing of digital assets. It incentivises users to use a particular cryptocurrency, where users perform various tasks like completing a captcha or viewing an ad, and, in turn, they receive a small amount o…
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