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What Is Litecoin (LTC)? Bitcoin, but faster and cheaper? Learn about Litecoin, the Bitcoin spin-off aimed at solving Bitcoin’s scalability issues. What Is Litecoin (LTC)?Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYAltcoins31 Jan 2024|BEGINNERS|5 MIN READWhat Is Litecoin (LTC)?Bitcoin, but faster and cheaper? Learn about Litecoin, the Bitcoin spin-off aimed at solving Bitcoin’s scalability issues. Key Takeaways: Created in 2011 and built on the Bitcoin blockchain, Litec…
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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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Mempool A succinct definition of Mempool MempoolLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYMEMPOOLCopy linkShare on TwitterShare on FacebookShare on LinkedinMempoolA mempool, short for ‘memory pool’, serves as a temporary storage area for pending transactions that have been broadcast but not yet confirmed by miners or validators.On Bitcoin, before a transaction can be added to a block and recorded on the blockchain, it needs to be validated by miners. Transactions in th…
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Block Reward A succinct definition of Block Reward Block RewardLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYBLOCK REWARDCopy linkShare on TwitterShare on FacebookShare on LinkedinBlock RewardA block reward is a form of incentive provided to participants in a blockchain network, typically miners or validators, for successfully adding a new block to the blockchain through the consensus process. This reward serves as a motivation for participants to contribute their computationa…
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Bitcoin Runes: What Are They And Why Are People Talking About Them? With Runes, Casey Rodarmor is aiming to “make Bitcoin fun again.” Here’s how they work. Bitcoin Runes: What Are They And Why Are People Talking About Them?Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYBitcoin14 Jan 2025|INTERMEDIATE|6 MIN READBitcoin Runes: What Are They And Why Are People Talking About Them?With Runes, Casey Rodarmor is aiming to “make Bitcoin fun again.” Here’s how they work. K…
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What Is VeChain (VET)? Explore how VeChain’s dual-token system powers enterprise applications on a smart contract platform to help solve data challenges for businesses. What Is VeChain (VET)?Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYAltcoins14HR AGO|INTERMEDIATE|6 MIN READWhat Is VeChain (VET)?Explore how VeChain’s dual-token system powers enterprise applications on a smart contract platform to help solve data challenges for businesses.Key Takeaways VeChain is a bloc…
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How Do Bitcoin Transactions Work? How does the actual Bitcoin transaction process work in detail? In this article, we explain the process and terms like miner awards, nonces, and UTXOs. How Do Bitcoin Transactions Work?Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYAltcoins8 Feb 2025|ADVANCED|7 MIN READHow Do Bitcoin Transactions Work?How does the actual Bitcoin transaction process work in detail? In this article, we explain the process and terms like miner awards, nonces, an…
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How Do Bitcoin Transactions Work? How does the actual Bitcoin transaction process work in detail? In this article, we explain the process and terms like miner awards, nonces, and UTXOs. How Do Bitcoin Transactions Work?Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYAltcoins8 Feb 2025|ADVANCED|7 MIN READHow Do Bitcoin Transactions Work?How does the actual Bitcoin transaction process work in detail? In this article, we explain the process and terms like miner awards, nonces, an…
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How Do Bitcoin Transactions Work? How does the actual Bitcoin transaction process work in detail? In this article, we explain the process and terms like miner awards, nonces, and UTXOs. How Do Bitcoin Transactions Work?Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYAltcoins8 Feb 2025|ADVANCED|7 MIN READHow Do Bitcoin Transactions Work?How does the actual Bitcoin transaction process work in detail? In this article, we explain the process and terms like miner awards, nonces, an…
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Sharding A succinct definition of Sharding ShardingLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYSHARDINGCopy linkShare on TwitterShare on FacebookShare on LinkedinShardingSharding is a database partitioning technique to improve a network’s scalability and enable more transactions per second (tps). It involves splitting a blockchain into multiple ‘shards’ and storing them across a number of databases. Each shard consists of its own data and is independent of other shards…