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processing unit

Graphics Processing Unit (GPU)

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Graphics Processing Unit (GPU) A succinct definition of Graphics Processing Unit (GPU) Graphics Processing Unit (GPU)Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYGRAPHICS PROCESSING UNIT (GPU)Copy linkShare on TwitterShare on FacebookShare on LinkedinGraphics Processing Unit (GPU)A Graphics Processing Unit (GPU) is a specialised processor designed to perform complex calculations and graphics rendering, often used in gaming, scientific research, and machine learning (ML) appli…

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white paper

White Paper

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White Paper A succinct definition of White Paper White PaperLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYWHITE PAPERCopy linkShare on TwitterShare on FacebookShare on LinkedinWhite PaperA project’s white paper typically includes details like tokenomics, the roadmap, and purpose. It serves as a great way to explain a project in detail, acting as a key component in giving cryptocurrency projects legitimacy, as projects that include white papers are often seen as more trustwor…

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wash trading

Wash Trading

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Wash Trading A succinct definition of Wash Trading Wash TradingLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYWASH TRADINGCopy linkShare on TwitterShare on FacebookShare on LinkedinWash TradingWash trading, an illegal form of trading in most jurisdictions, is a form of trading where a market participant sells a specific amount of an asset they hold, such as stocks, bonds, or cryptocurrency assets, and simultaneously or shortly thereafter reacquires the same asset by purchasing …

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symmetrical triangle

Symmetrical Triangle

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Symmetrical Triangle A succinct definition of Symmetrical Triangle Symmetrical TriangleLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYSYMMETRICAL TRIANGLECopy linkShare on TwitterShare on FacebookShare on LinkedinSymmetrical TriangleA symmetrical triangle is a chart pattern that indicates a period of price consolidation before a breakout or breakdown. It’s characterised by two trendlines converging at a similar slope, connecting a series of peaks and troughs. The pattern is c…

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Sharding

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Sharding A succinct definition of Sharding ShardingLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYSHARDINGCopy linkShare on TwitterShare on FacebookShare on LinkedinShardingSharding is a database partitioning technique to improve a network’s scalability and enable more transactions per second (tps). It involves splitting a blockchain into multiple ‘shards’ and storing them across a number of databases. Each shard consists of its own data and is independent of other shards…

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herd behaviour

Herd Behaviour

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Herd Behaviour A succinct definition of Herd Behaviour Herd BehaviourLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYHERD BEHAVIOURCopy linkShare on TwitterShare on FacebookShare on LinkedinHerd BehaviourHerd behaviour is a psychological phenomenon where humans find comfort in following the herd and ‘doing what everyone else is doing’. In a cryptocurrency context, herd behaviour means that some traders follow the herd and feel good about that due to cognitive biases, such as…

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Mainnet

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Mainnet A succinct definition of Mainnet MainnetLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYMAINNETCopy linkShare on TwitterShare on FacebookShare on LinkedinMainnetA mainnet is a term describing an independent blockchain network, with different tokens, coins, and applications running on it. This is in contrast to a testnet, which is essentially a testing ground used to troubleshoot before projects or cryptocurrencies launch on the mainnet. In short, a testnet is the trouble…

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Alpha

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Alpha A succinct definition of Alpha AlphaLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYALPHACopy linkShare on TwitterShare on FacebookShare on LinkedinAlphaIn the cryptocurrency space, ‘alpha’ refers to ‘insider info’ (i.e., an essential piece of new or unknown information that can be used for trading). Crypto influencers often promise their followers alpha on their channels.In some instances for both crypto and traditional financial (TradFi) markets, alpha is also kn…

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Validator

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Validator A succinct definition of Validator ValidatorLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYVALIDATORCopy linkShare on TwitterShare on FacebookShare on LinkedinValidatorA validator is a participant in a Proof of Stake (PoS) blockchain chosen to create new blocks and validate transactions based on the amount of cryptocurrency they ‘stake’ in the network. Responsible for validating new transactions and maintaining the security of the blockchain, validators play a cru…

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Miner

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Miner A succinct definition of Miner MinerLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYMINERCopy linkShare on TwitterShare on FacebookShare on LinkedinMinerCryptocurrency mining is the process of adding transaction records to the underlying blockchain. A miner is the computer, or ‘node’, that performs this process. Beyond creating new cryptocurrencies for profit, crypto miners also help maintain the security and integrity of a blockchain by verifying transactions and add…

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