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Fiat-Collateralised Stablecoin A succinct definition of Fiat-Collateralised Stablecoin Fiat-Collateralised StablecoinLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYFIAT-COLLATERALISED STABLECOINCopy linkShare on TwitterShare on FacebookShare on LinkedinFiat-Collateralised StablecoinA fiat-collateralised stablecoin is a type of cryptocurrency backed by a reserve of fiat currency (such as the US dollar, euro, or other national currencies) or cash equivalents (e.g., US short-term …
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Hard Fork A succinct definition of Hard Fork Hard ForkLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYHARD FORKCopy linkShare on TwitterShare on FacebookShare on LinkedinHard ForkA blockchain hard fork is a significant change or upgrade to a blockchain’s protocol that is not backward-compatible with the previous version. This means that nodes (computers in the network) running the old version of the software will no longer be able to participate in the new blockchain, leading …
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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…
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Blockchain Interoperability A succinct definition of Blockchain Interoperability Blockchain InteroperabilityLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYBLOCKCHAIN INTEROPERABILITYCopy linkShare on TwitterShare on FacebookShare on LinkedinBlockchain InteroperabilityBlockchain 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 the…
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Soft Fork A succinct definition of Soft Fork Soft ForkLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYSOFT FORKCopy linkShare on TwitterShare on FacebookShare on LinkedinSoft ForkA soft fork is a backward-compatible upgrade to a blockchain’s protocol that is less disruptive than a hard fork since it doesn’t require a complete split of the network. It introduces new rules or conditions that are not present in the older version, but allows non-upgraded nodes (computers in the …
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…For blocks, metadata provides information about a specific block, including block height, previous block hash, Merkle root, timestamp, and nonce.Smart contract metadata comprises contract address, Application Binary Interface (ABI), source code, and deployment details, including information about when and by whom the contract was deployed.Token metadata provides information about tokens issued on a blockchain, often seen in token standards like ERC-20 or ERC-721 on Ethereum. This info includes t…
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Inter-Blockchain Communication Protocol (IBC) A succinct definition of Inter-Blockchain Communication Protocol (IBC) Inter-Blockchain Communication Protocol (IBC)Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYINTER-BLOCKCHAIN COMMUNICATION PROTOCOL (IBC)Copy linkShare on TwitterShare on FacebookShare on LinkedinInter-Blockchain Communication Protocol (IBC)Launched by the Interchain Foundation, the Inter-Blockchain Communication Protocol (IBC) is an open-source blockchain that e…
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Solana Program Library A succinct definition of Solana Program Library Solana Program LibraryLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYSOLANA PROGRAM LIBRARYCopy linkShare on TwitterShare on FacebookShare on LinkedinSolana Program LibraryThe Solana Program Library (SPL) is a collection of on-chain programmes (smart contracts) built specifically for the Solana blockchain. SPL provides standardised modules that simplify the creation and management of tokens, decentralised fi…
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HODLer A succinct definition of HODLer HODLerLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYHODLERCopy linkShare on TwitterShare on FacebookShare on LinkedinHODLerA ‘HODLer’ in cryptocurrency is someone who holds onto their digital assets long term, regardless of market conditions or price fluctuations. The term ‘HODL’ originated in 2013 as a misspelling of ‘hold’ in a Bitcoin forum post and quickly became popular, evolving into a widely used term and acronym in the…
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Cryptography — Putting the Crypto Into Currency This article explores the fundamental technology behind cryptocurrencies and cryptography, from the basics of encryption to ciphers. Cryptography — Putting the Crypto Into CurrencyLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYBlockchain6 Jan 2022|ADVANCED|10 MIN READCryptography — Putting the Crypto Into CurrencyThis article explores the fundamental technology behind cryptocurrencies and cryptography, from the basics of e…
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