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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…
Learn MoreAverage Price (7D) A succinct definition of Average Price (7D) Average Price (7D)Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYAVERAGE PRICE (7D)Copy linkShare on TwitterShare on FacebookShare on LinkedinAverage Price (7D)Average Price (7D) shows the average price paid for the top 25 non-fungible token (NFT) collections in a previous 7-day (7D) period. It is calculated by dividing NFT Sales Volume Index (7D) by the number of editions sold over that seven-day period. Average P…
Learn MoreMint A succinct definition of Mint MintLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYMINTCopy linkShare on TwitterShare on FacebookShare on LinkedinMintIn blockchain and cryptocurrency, ‘minting’ refers to the process of creating new coins or tokens. Minting is also used in creating non-fungible tokens (NFTs) or other types of tokens. When someone mints an NFT, they are essentially creating a new, unique digital asset on the blockchain.Although it is often associated wit…
Proof of Stake (PoS) A succinct definition of Proof of Stake (PoS) Proof of Stake (PoS)Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYPROOF OF STAKE (POS)Copy linkShare on TwitterShare on FacebookShare on LinkedinProof of Stake (PoS)In a Proof of Stake (PoS) system, validators are required to pledge a ‘stake’ of digital currency for the chance to be randomly chosen to validate transactions. They are selected based on the number of tokens they hold, a process not unlike a lo…
Learn MoreTechnical Analysis A succinct definition of Technical Analysis Technical AnalysisLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYTECHNICAL ANALYSISCopy linkShare on TwitterShare on FacebookShare on LinkedinTechnical AnalysisTechnical analysis for cryptocurrency trading is a method to evaluate and predict future price movements of cryptocurrencies based on historical price data and trading volume. This approach relies on the idea that historical price movements tend to repeat the…
Learn MoreZK Rollup A succinct definition of ZK Rollup ZK RollupLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYZK ROLLUPCopy linkShare on TwitterShare on FacebookShare on LinkedinZK RollupA Zero-Knowledge (ZK) rollup is a Layer-2 scaling solution for blockchains, particularly designed to improve scalability and reduce transaction costs. Blockchains like Ethereum have limited transaction throughput due to their consensus mechanisms, and Layer-2 solutions aim to process transactions and st…
Learn MoreOrphan Block A succinct definition of Orphan Block Orphan BlockLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYORPHAN BLOCKCopy linkShare on TwitterShare on FacebookShare on LinkedinOrphan BlockIn blockchain technology, an orphan block (or stale block) refers to a block that was successfully mined and broadcast to the network but ultimately rejected because another block with the same block height had been added to the blockchain prior to the network confirming the orphan block.…
Learn MoreAsynchronous Byzantine Fault Tolerance (ABFT) A succinct definition of Asynchronous Byzantine Fault Tolerance (ABFT) Asynchronous Byzantine Fault Tolerance (ABFT)Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYASYNCHRONOUS BYZANTINE FAULT TOLERANCE (ABFT)Copy linkShare on TwitterShare on FacebookShare on LinkedinAsynchronous Byzantine Fault Tolerance (ABFT)When a network is Byzantine Fault Tolerant (BFT), it means it can withstand an attack from up to one-third of malicious node…
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Learn MoreUnspent Transaction Output (UTXO) A succinct definition of Unspent Transaction Output (UTXO) Unspent Transaction Output (UTXO)Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYUNSPENT TRANSACTION OUTPUT (UTXO)Copy linkShare on TwitterShare on FacebookShare on LinkedinUnspent Transaction Output (UTXO)‘Unspent transaction output’ (UTXO) represents the remaining balance of digital currency following a cryptocurrency transaction. The term is commonly used in cryptocurrency, partic…
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