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limit orders

OCO Order

★★★★

…This helps traders manage their trades more effectively and plan for both potential profit-taking and limiting potential losses.Key TakeawayOCO (one-cancels-the-other) orders allow traders to set two orders simultaneously (often a limit order and a stop order), with the idea that if one of the orders gets executed, the other order is automatically canceled.Related WordsSolana Program LibraryThe Solana Program Library (SPL) is a collection of ready-to-use, open-source components for building dece…

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merkle tree

Merkle Tree

★★★★

…The Merkle tree is created and maintained by an independent auditor.Key TakeawayA Merkle tree is a data structure constructed by hashing paired data and summarising all the transactions in a block by producing a digital fingerprint of the entire set of transactions.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 h…

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Web1

★★★★

…Only a small number of people created content, with the majority of participants as passive consumers.Characteristics of Web1 include decentralisation; purely informational websites largely composed of web pages joined by hyperlinks; one-way communication from the network to users; static content; and pages built using Server Side Includes (SSI) or Common Gateway Interface (CGI).Examples of Web1 include Yahoo!, Craigslist, Ask Jeeves, Netscape, and WebMD.Key TakeawayWeb1 is the ‘read-only’ w…

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Bitcoin ETF

★★★★

…These contracts represent an agreement to buy or sell Bitcoin at a predetermined price on a future date.Key TakeawayBitcoin exchange-traded funds (ETFs) track the value of Bitcoin, providing traders with an opportunity to gain exposure to Bitcoin through traditional stock market exchanges.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 ‘HO…

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digital assets

Digital Asset

★★★★

…The key characteristic of digital assets is that they are stored and managed digitally, often using blockchain technology for security, transparency, and decentralised control.Key TakeawayA digital asset is any form of electronic data that has economic value, including cryptocurrencies, tokens, securities, art and collectibles, data, and intellectual property.Related WordsSolana Program LibraryThe Solana Program Library (SPL) is a collection of ready-to-use, open-source components for building d…

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centralised exchange

Centralised Exchange (CEX)

★★★★

…Another disadvantage is that CEXs typically face the most regulation and censorship from governments.Key TakeawayA centralised exchange (CEX) is a type of cryptocurrency exchange that a company centrally runs and controls.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, re…

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Ciphertext

★★★★

…The public key is used to encrypt plaintext into ciphertext, and the private key is used to decrypt the ciphertext into plaintext.Key TakeawayCiphertext, or encrypted text, is a term used in cryptography to describe the encrypted form of a message.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 di…

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BRC-20

★★★★

…Since BRC-20 tokens exist on the Bitcoin blockchain, they inherit the high level of security provided by the Bitcoin protocol, which uses the Proof of Work (PoW) consensus mechanism and has a large number of miners helping to secure the network.Key TakeawayBRC-20 is a fungible token standard for the Bitcoin blockchain, enabling developers to create and transfer fungible tokens using the Ordinals protocol.Related WordsSolana Program LibraryThe Solana Program Library (SPL) is a collection of ready…

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public key

Public Key

★★★★

…This system can prove the authenticity of a message, ensure the message is not tampered with, and maintain confidentiality.Key TakeawayA public key is a series of letters and numbers used to encrypt plaintext into ciphertext; one of the most well-known uses is as a crypto wallet address.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 ‘HODL…

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DevP2P

★★★★

…This helps prevent unauthorised access and tampering with network data.Key TakeawayDevP2P plays a vital role in enabling the peer-to-peer (P2P) architecture of blockchain networks, promoting decentralisation and efficient communication amongst network participants.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 ho…

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