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Advanced Encryption Standard (AES) A succinct definition of Advanced Encryption Standard (AES) Advanced Encryption Standard (AES)Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYADVANCED ENCRYPTION STANDARD (AES)Copy linkShare on TwitterShare on FacebookShare on LinkedinAdvanced Encryption Standard (AES)Advanced Encryption Standard (AES), originally known as ‘Rijndael’, is a widely used encryption algorithm designed to secure sensitive data. Developed by Vincent Rijmen and Jo…
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…Ciphertext is commonly applied to protect the original message from the loss of sensitive information.Types of ciphers include block ciphers, public and private key cryptography, substitution ciphers, and transposition ciphers.A block cipher encrypts data in blocks using a cryptographic key and algorithm to produce a ciphertext. Substitution ciphers, as the name suggests, substitute the characters in a plaintext with other characters from the same set, depending on the key. For instance, A can b…
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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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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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Verkle Tree A succinct definition of Verkle Tree Verkle TreeLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYVERKLE TREECopy linkShare on TwitterShare on FacebookShare on LinkedinVerkle TreeA Verkle tree is a data structure that combines the benefits of Merkle trees and vector commitments to enable more efficient proof generation and verification. Merkle trees are data structures commonly used in blockchains like Bitcoin and Ethereum to organise and verify large sets of data. The…
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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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Fraud Proof A succinct definition of Fraud Proof Fraud ProofLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYFRAUD PROOFCopy linkShare on TwitterShare on FacebookShare on LinkedinFraud ProofA fraud proof in blockchain is a cryptographic mechanism used to detect and prove malicious or incorrect activity within a blockchain or Layer-2 scaling solution. It allows for the identification of invalid transactions or blocks, ensuring that misbehaviour can be caught and corrected if verif…
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Cypherpunk A succinct definition of Cypherpunk CypherpunkLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYCYPHERPUNKCopy linkShare on TwitterShare on FacebookShare on LinkedinCypherpunkThe term ‘cypherpunk’ refers to a movement and ideology focused on using cryptography and privacy-enhancing technologies to promote individual freedom and privacy. Cypherpunks believe in the right to personal privacy, especially in the digital age, and advocate for the use of encryption to prot…
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Interoperability A succinct definition of Interoperability InteroperabilityLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYINTEROPERABILITYCopy linkShare on TwitterShare on FacebookShare on LinkedinInteroperabilityBlockchain 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 their own architectures, to interact in a secure and decen…
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Tower Byzantine Fault Tolerance (Tower BFT) A succinct definition of Tower Byzantine Fault Tolerance (Tower BFT) Tower Byzantine Fault Tolerance (Tower BFT)Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYTOWER BYZANTINE FAULT TOLERANCE (TOWER BFT)Copy linkShare on TwitterShare on FacebookShare on LinkedinTower Byzantine Fault Tolerance (Tower BFT)Tower Byzantine Fault Tolerance (Tower BFT) is a consensus mechanism designed to ensure the security and reliability of distributed sy…
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