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QR Code A succinct definition of QR Code QR CodeLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYQR CODECopy linkShare on TwitterShare on FacebookShare on LinkedinQR CodeIn the context of cryptocurrency, a QR code, short for Quick Response code, is a two-dimensional barcode that can be used to store information related to a specific cryptocurrency transaction. It typically includes details like the destination address, amount, and payment description (optional).QR codes make it e…
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URI Schemes A succinct definition of URI Schemes URI SchemesLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYURI SCHEMESCopy linkShare on TwitterShare on FacebookShare on LinkedinURI SchemesIn cryptocurrency, Uniform Resource Identifier (URI) schemes are used to define a standard way of identifying and interacting with resources like cryptocurrency addresses, transactions, or payment requests. These schemes are similar to URI schemes used in web addresses but are specifically des…
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Airdrop A succinct definition of Airdrop AirdropLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYAIRDROPCopy linkShare on TwitterShare on FacebookShare on LinkedinAirdropAirdrops are often used as a marketing strategy to promote a new cryptocurrency or increase the adoption and usage of a particular blockchain. They can be used to reward existing holders of a particular cryptocurrency or to attract new users to a project. Airdrops may be conducted by the developers of a cryptocur…
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Calldata A succinct definition of Calldata CalldataLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYCALLDATACopy linkShare on TwitterShare on FacebookShare on LinkedinCalldataCalldata refers to a temporary data storage location in a smart contract platform where data is sent along with a transaction when calling a function in a smart contract. Calldata is a non-persistent and read-only part of the transaction data, and once it is sent with a transaction, it cannot be modified by …
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Zero-Knowledge Proof A succinct definition of Zero-Knowledge Proof Zero-Knowledge ProofLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYZERO-KNOWLEDGE PROOFCopy linkShare on TwitterShare on FacebookShare on LinkedinZero-Knowledge ProofA Zero-Knowledge (ZK) proof is a method of authentication where one user can prove the authenticity of certain information without conveying any extra information. In short, a ZK proof allows private information to be kept private during an exchange…
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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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Exit Strategy A succinct definition of Exit Strategy Exit StrategyLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYEXIT STRATEGYCopy linkShare on TwitterShare on FacebookShare on LinkedinExit StrategyIn cryptocurrency trading, an exit strategy is a plan for selling or liquidating a position to achieve the best possible financial outcome. This strategy is crucial for managing risk and securing profits, and involves setting predetermined price levels at which to sell to lock in pro…
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Cryptographic Hash Function A succinct definition of Cryptographic Hash Function Cryptographic Hash FunctionLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYCRYPTOGRAPHIC HASH FUNCTIONCopy linkShare on TwitterShare on FacebookShare on LinkedinCryptographic Hash FunctionA cryptographic hash function is an algorithm with a repeatable sequence of specific actions. This sequence is used to transform a variable-length arbitrary data string into a fixed-length format called a hash.For …
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High-Frequency Trading (HFT) A succinct definition of High-Frequency Trading (HFT) High-Frequency Trading (HFT)Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYHIGH-FREQUENCY TRADING (HFT)Copy linkShare on TwitterShare on FacebookShare on LinkedinHigh-Frequency Trading (HFT)High-frequency trading (HFT) initially started in 1983 after Nasdaq introduced a purely electronic form of trading. Since then, with the advancements in computational power and speed, HFT has evolved to become…
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Mining Pool A succinct definition of Mining Pool Mining PoolLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYMINING POOLCopy linkShare on TwitterShare on FacebookShare on LinkedinMining PoolA mining pool is the consolidation of computational power amongst a group of cryptocurrency miners (nodes) who work collectively to solve mathematical problems in order to better their chances of receiving rewards.In a mining pool, groups of miners have a much higher chance of solving the math…
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