Search our executive blockchain insights and services.
…For instance: Public-key cryptography used in a transactionHashing for Bitcoin miningMerkle Trees for transaction positioning in blocks We can almost say that if you don’t understand cryptography, you don’t understand cryptocurrencies. To better learn, let’s dive deep into the world of cryptography. Symmetric and Asymmetric Encryption and Hash Functions Classification of cryptographic algorithms is based on the number of keys employed for encryption and decryption: symmetric encryption, as…
Learn More
…For instance: Public-key cryptography used in a transactionHashing for Bitcoin miningMerkle Trees for transaction positioning in blocks We can almost say that if you don’t understand cryptography, you don’t understand cryptocurrencies. To better learn, let’s dive deep into the world of cryptography. Symmetric and Asymmetric Encryption and Hash Functions Classification of cryptographic algorithms is based on the number of keys employed for encryption and decryption: symmetric encryption, as…
Learn More
…For instance: Public-key cryptography used in a transactionHashing for Bitcoin miningMerkle Trees for transaction positioning in blocks We can almost say that if you don’t understand cryptography, you don’t understand cryptocurrencies. To better learn, let’s dive deep into the world of cryptography. Symmetric and Asymmetric Encryption and Hash Functions Classification of cryptographic algorithms is based on the number of keys employed for encryption and decryption: symmetric encryption, as…
Learn More
Merkle Leaf A succinct definition of Merkle Leaf Merkle LeafLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYMERKLE LEAFCopy linkShare on TwitterShare on FacebookShare on LinkedinMerkle LeafA Merkle leaf is the bottom-most node of a Merkle tree, which is a binary and hierarchical data structure that efficiently organises and verifies data using cryptographic hashes. A Merkle leaf contains the hash value of a single transaction data in the context of blockchain.Each node in a Merk…
Learn More
Merkle Root A succinct definition of Merkle Root Merkle RootLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYMERKLE ROOTCopy linkShare on TwitterShare on FacebookShare on LinkedinMerkle RootA Merkle tree (or hash tree) is a binary tree structure where each leaf node represents a hash of a block of data. The tree is built by hashing pairs of leaf nodes until there is only one hash left, which is the Merkle root.The Merkle root contributes to the security of the blockchain by allow…
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
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…
Learn More
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…
Learn More
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 …
Learn More
Hashpower A succinct definition of Hashpower HashpowerLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYHASHPOWERCopy linkShare on TwitterShare on FacebookShare on LinkedinHashpowerHashpower, also known as hashrate, refers to the total computational power used in blockchain networks to solve cryptographic puzzles necessary for mining, processing, and validating transactions. It is a key metric in Proof of Work (PoW) blockchains like Bitcoin, where it helps secure the network and m…
Learn More