Search our executive blockchain insights and services.
Crypto Debit Card A succinct definition of Crypto Debit Card Crypto Debit CardLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYCRYPTO DEBIT CARDCopy linkShare on TwitterShare on FacebookShare on LinkedinCrypto Debit CardA crypto debit card is a convenient way to bridge the gap between cryptocurrency and fiat. It allows cryptocurrency holders to easily and seamlessly pay for their purchases with their holdings. Depending on how they are set up, crypto debit cards are either funded…
Learn More
Private Key A succinct definition of Private Key Private KeyLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYPRIVATE KEYCopy linkShare on TwitterShare on FacebookShare on LinkedinPrivate KeyA private key is a string of randomly generated letters and numbers used alongside an algorithm to encrypt and decrypt data. It can be in the form of a 256-character-long binary code, a QR code, a 64-digit hexadecimal code, or a mnemonic phrase. Regardless of their form, private keys are an i…
Learn More
Layer-0 A succinct definition of Layer-0 Layer-0Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYLAYER-0Copy linkShare on TwitterShare on FacebookShare on LinkedinLayer-0For blockchain, Layer-0 is a root layer that allows for cross-chain interoperability between Layer-1 protocols. In other words, it is a connector of blockchains.When it comes to blockchains, one of the major issues they face is scalability. The benefit of Layer-0 is that it has several use cases in scalability an…
Learn More
Hierarchical Deterministic (HD) Wallet A succinct definition of Hierarchical Deterministic (HD) Wallet Hierarchical Deterministic (HD) WalletLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYHIERARCHICAL DETERMINISTIC (HD) WALLETCopy linkShare on TwitterShare on FacebookShare on LinkedinHierarchical Deterministic (HD) WalletA Hierarchical Deterministic (HD) wallet, defined under Bitcoin Improvement Proposal 32 (BIP-32), is a type of cryptocurrency wallet that generates a tree-like…
Learn More
ERC-777 A succinct definition of ERC-777 ERC-777Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYERC-777Copy linkShare on TwitterShare on FacebookShare on LinkedinERC-777ERC, 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-777 is focused on providing additional functionality when dealing with tokens. While the ERC-20 token standard is still used frequently, ERC-777 aims t…
Learn More
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…
Learn More
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…
Learn More
Byzantine Fault Tolerance (BFT) A succinct definition of Byzantine Fault Tolerance (BFT) Byzantine Fault Tolerance (BFT)Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYBYZANTINE FAULT TOLERANCE (BFT)Copy linkShare on TwitterShare on FacebookShare on LinkedinByzantine Fault Tolerance (BFT)Byzantine Fault Tolerance (BFT) is the ability to tolerate failures in distributed computing systems. The term originated from the hypothetical phenomenon known as the Byzantine Generals Problem…
Learn More
Hal Finney A succinct definition of Hal Finney Hal FinneyLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYHAL FINNEYCopy linkShare on TwitterShare on FacebookShare on LinkedinHal FinneyAfter Bitcoin’s creator, Satoshi Nakamoto, Hal Finney was the first person to run the Bitcoin software, having received the first Bitcoin transaction ever sent, which was from Nakamoto. This transaction, which took place on 12 January 2009, involved the transfer of 10 bitcoins from Nakamoto to Fi…
Learn More
Fiat A succinct definition of Fiat FiatLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYFIATCopy linkShare on TwitterShare on FacebookShare on LinkedinFiatFiat money is a currency that has been established as a legal tender, often by government policies. Unlike commodities like gold, fiat money does not have intrinsic value. In other words, the paper money is essentially worthless. Rather, its value is derived from the supply and demand, as well as the trust in the issuing govern…
Learn More