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…It allows users of a network to vote in delegates who then validate blocks.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 cry…
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…Ideally, volume should increase on the rise between the two bottoms, and particularly on the breakout above the resistance level.The time between the two bottoms can vary, but a longer time frame often suggests a more reliable pattern.Key TakeawayA double bottom is a bullish technical indicator pattern that identifies a potential reversal in a downward trend, where it forms when an asset price reaches a low two times in a row with a moderate increase between the two lows.Related WordsSolana Prog…
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…As it signals a long-term bear market moving forward, a trader may choose to sell more during such an event.Key TakeawayA death cross signals a long-term bear market moving forward.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 fl…
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…As more traders demand these finite assets, the prices increase. Bull Market Indicators:Strong GDPHigh employment ratesStrong demand for assetsPositive market sentimentGeneral interest in cryptocurrency in the mainstream mediaKey TakeawayA bull market is the state of a financial market in which asset prices are rising or expected to rise.Related WordsSolana Program LibraryThe Solana Program Library (SPL) is a collection of ready-to-use, open-source components for building decentralised applicat…
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…This helps to ensure that the network runs smoothly and all participants are contributing to its success.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 Deterministi…
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…In the US, these agencies are the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC).Key TakeawayAnti-money laundering (AML) refers to the procedures, laws, regulations, and any other tools intended to prevent money laundering.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 wh…
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…Buterin had the idea for Ethereum because he wanted to leverage the power of blockchain technology beyond just payments and stores of value. Along with his contributions to the cryptocurrency space, Buterin is also a philanthropist, with major donations to funds like the Machine Intelligence Research Institute (MIRI), SENS Research Foundation, and India’s COVID-Crypto Relief Fund.Key TakeawayVitalik Buterin is the creator of Ethereum, which sits behind Bitcoin as the second-largest cryptocurr…
…It is the second-largest cryptocurrency by market capitalisation.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 cryptocurrenc…
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…It is essential to gain deeper knowledge of technical analysis before trading cryptocurrency.Key TakeawayA bear trap is a term that defines a group of traders or an individual who tries to manipulate a cryptocurrency’s price.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 ter…
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…This is important because if anyone were to accidentally send something to a null address, they can still recover their assets.To learn more about common token standards, read What Are Token Standards? An Overview.Key TakeawayCreated by Enjin, ERC-1155 aims to be a more secure token standard compared to older ones.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 Solan…
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