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Proof of Work vs Proof of Stake Ever wonder what the difference between a PoS and PoW network is? Learn about the two most popular consensus mechanisms and how they work. Proof of Work vs Proof of StakeLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYBlockchain8 Nov 2023|BEGINNERS|5 MIN READProof of Work vs Proof of StakeEver wonder what the difference between a PoS and PoW network is? Learn about the two most popular consensus mechanisms and how they work. Key Takeaways: Proof…
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Crypto Asset A succinct definition of Crypto Asset Crypto AssetLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYCRYPTO ASSETCopy linkShare on TwitterShare on FacebookShare on LinkedinCrypto AssetCrypto assets are broadly defined as digital assets that use technology — like cryptography, distributed ledgers, consensus algorithms, and smart contracts — to store value. These assets are used in a similar fashion to a traditional financial (TradFi) asset, such as a medium of excha…
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Token A succinct definition of Token TokenLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYTOKENCopy linkShare on TwitterShare on FacebookShare on LinkedinTokenWhile cryptocurrency coins are native assets of a specific blockchain, cryptocurrency tokens are created by projects built on top of already existing blockchains. For example, Ether (ETH) is categorised as a coin because it represents the native asset on the Ethereum blockchain. However, Dai (DAI), Uniswap (UNI), and Aave …
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NFT Collection A succinct definition of NFT Collection NFT CollectionLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYNFT COLLECTIONCopy linkShare on TwitterShare on FacebookShare on LinkedinNFT CollectionAn NFT collection refers to a group or series of non-fungible tokens (NFTs), which are digital tokens minted on a blockchain. Each NFT within a collection is distinct, and some NFT collections may have a limited number of tokens, creating a sense of scarcity and exclusivity. Cer…
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Non-Fungible Token (NFT) A succinct definition of Non-Fungible Token (NFT) Non-Fungible Token (NFT)Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYNON-FUNGIBLE TOKEN (NFT)Copy linkShare on TwitterShare on FacebookShare on LinkedinNon-Fungible Token (NFT)A non-fungible token (NFT) refers to an asset that has specific details and certain values related only to itself. Each NFT is unique, and no two NFTs are alike. Additionally, NFTs are not interchangeable with one another, unlike…
ERC-721 A succinct definition of ERC-721 ERC-721Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYERC-721Copy linkShare on TwitterShare on FacebookShare on LinkedinERC-721ERC, which stands for Ethereum Request for Comment, is a standard conveying the essential technical notes and requirements to a group of developers and users. ERC-721, initially proposed by Dieter Shirley as an Ethereum Improvement Proposal (EIP), is the standard for representing ownership of non-fungible tokens …
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NFT A succinct definition of NFT NFTLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYNFTCopy linkShare on TwitterShare on FacebookShare on LinkedinNFTA non-fungible token (NFT) refers to an asset that has specific details and certain values related only to itself. Each NFT is unique, and no two NFTs are alike. Additionally, NFTs are not interchangeable with one another, unlike fungible tokens (i.e., one ETH can be exchanged with another ETH).NFTs encompass various industries, fro…
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Immutable X Price | IMX Price, Charts | Crypto.com Immutable X USD Price Today - discover how much 1 IMX is worth in USD with converter, price chart, market cap, trade volume, historical data and more. Immutable X Price | IMX Price, Charts | Crypto.comCoins: 26,548Market Cap: $3,436.39 B USD24H Change: -1.56%24H Volume: $115.58 B USDDominance: BTC: 60.00%, ETH: 8.54%ETH Gas: 0 GweiAll PricesImmutable X PriceImmutable XIMXShareDownload$0.3947 USDN/A(24H)0.000003749 BTC-1.96%(24H)PriceTradin…
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What Are ERC-20 Tokens? All About Ethereum’s Most Important Token Standard ERC-20 is a token standard for fungible tokens on Ethereum. Learn what it is and how cryptocurrencies can be minted with it. What Are ERC-20 Tokens? All About Ethereum’s Most Important Token StandardLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYAltcoins15 May 2024|INTERMEDIATE|5 MIN READWhat Are ERC-20 Tokens? All About Ethereum’s Most Important Token StandardERC-20 is a token standard for fungi…
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What Is a DAO and How Does It Work? An in-depth look at how decentralised autonomous organisations work and what they mean for the future of business What Is a DAO and How Does It Work?Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYBlockchain10 Sep 2022|BEGINNERS|5 MIN READWhat Is a DAO and How Does It Work?An in-depth look at how decentralised autonomous organisations work and what they mean for the future of business Key Takeaways A DAO is an entity designed to be fully aut…
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