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…Another issue is that, for the Lightning Network to run, it is required to be constantly online.Key TakeawayThe Lightning Network is a Layer-2 protocol built on top of the Bitcoin blockchain.Related WordsSolana Program LibraryThe Solana Program Library (SPL) is a collection of ready-to-use, open-source components for building decentralised applications (dapps) on the Solana blockchain.HODLerA ‘HODLer’ is someone who holds onto their digital assets long term, regardless of market volatility o…
Learn More…It aims to add more functionality to transfer tokens.Related WordsSolana Program LibraryThe Solana Program Library (SPL) is a collection of ready-to-use, open-source components for building decentralised applications (dapps) on the Solana blockchain.HODLerA ‘HODLer’ is someone who holds onto their digital assets long term, regardless of market volatility or price fluctuations.Hierarchical Deterministic (HD) WalletA Hierarchical Deterministic (HD) wallet is a type of cryptocurrency wallet tha…
Learn More…By leveraging reputable Observers, Constellation Network aims to improve the security and efficiency of its blockchain, and nodes with higher reputation scores have more weight in the consensus process.Key TakeawayProof of Reputable Observations (PRO) is a consensus mechanism that uses a combination of reputation scores and cryptographic mechanisms.Related WordsSolana Program LibraryThe Solana Program Library (SPL) is a collection of ready-to-use, open-source components for building decentralise…
Learn More…The trader can make use of APIs to query only the required data by automating any needed requests and parsing the data from the response.Key TakeawayAPI, short for Application Programming Interface, is a way for computer or software applications to communicate with each other.Related WordsSolana Program LibraryThe Solana Program Library (SPL) is a collection of ready-to-use, open-source components for building decentralised applications (dapps) on the Solana blockchain.HODLerA ‘HODLer’ is so…
Learn More…As a result, the BFT system greatly reduces the risks of node failures and malicious attacks.Key TakeawayByzantine Fault Tolerance (BFT) is the ability of a computer to continue operating in the event of a node failure or malicious attack.Related WordsSolana Program LibraryThe Solana Program Library (SPL) is a collection of ready-to-use, open-source components for building decentralised applications (dapps) on the Solana blockchain.HODLerA ‘HODLer’ is someone who holds onto their digital ass…
Learn More…The events are hashed with a Verifiable Delay Function (VDF).Related WordsSolana Program LibraryThe Solana Program Library (SPL) is a collection of ready-to-use, open-source components for building decentralised applications (dapps) on the Solana blockchain.HODLerA ‘HODLer’ is someone who holds onto their digital assets long term, regardless of market volatility or price fluctuations.Hierarchical Deterministic (HD) WalletA Hierarchical Deterministic (HD) wallet is a type of cryptocurrency wa…
Learn More…A good project often highlights the background of its members.Key TakeawayTokenomics refers to the structure and governing aspects of a cryptocurrency.Related WordsSolana Program LibraryThe Solana Program Library (SPL) is a collection of ready-to-use, open-source components for building decentralised applications (dapps) on the Solana blockchain.HODLerA ‘HODLer’ is someone who holds onto their digital assets long term, regardless of market volatility or price fluctuations.Hierarchical Determ…
Learn More…It has become the most widely adopted token standard in the Ethereum ecosystem.Related WordsSolana Program LibraryThe Solana Program Library (SPL) is a collection of ready-to-use, open-source components for building decentralised applications (dapps) on the Solana blockchain.HODLerA ‘HODLer’ is someone who holds onto their digital assets long term, regardless of market volatility or price fluctuations.Hierarchical Deterministic (HD) WalletA Hierarchical Deterministic (HD) wallet is a type of…
Learn More…Today, Ethereum is the second-largest cryptocurrency in the world at the time of writing.Key TakeawayAn initial coin offering (ICO) is a way for companies or projects to raise money by selling a new coin in exchange for investment capital.Related WordsSolana Program LibraryThe Solana Program Library (SPL) is a collection of ready-to-use, open-source components for building decentralised applications (dapps) on the Solana blockchain.HODLerA ‘HODLer’ is someone who holds onto their digital ass…
Learn More…The cost of transacting with XRP is minimal, usually around $0.0002 per transaction, which enhances its appeal for financial institutions.Key TakeawayXRP is primarily used for facilitating cross-border transactions between financial institutions, businesses, and individuals, acting as a bridge currency in the XRP Ledger by facilitating exchanges between different currencies without the need for traditional banking intermediaries.Related WordsSolana Program LibraryThe Solana Program Library (SPL)…
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