Search our executive blockchain insights and services.
Forks A succinct definition of Forks ForksLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYFORKSCopy linkShare on TwitterShare on FacebookShare on LinkedinForksForks occur when there is a split in a blockchain network, forming two different versions. This happens when blockchains wish to have new features added to their chain or to fix known issues.Since blockchain networks are open-source, they allow for anyone to contribute to the code and make changes and improvements, which c…
Learn More
Smart Contract A succinct definition of Smart Contract Smart ContractLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYSMART CONTRACTCopy linkShare on TwitterShare on FacebookShare on LinkedinSmart ContractInitially proposed by the American computer scientist Nick Szabo, smart contracts are typically employed to automate the terms of an agreement. In other words, the difference between a traditional contract and a smart contract is that a traditional contract is enforced by centra…
Learn More
Layer-0 A succinct definition of Layer-0 Layer-0Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYLAYER-0Copy linkShare on TwitterShare on FacebookShare on LinkedinLayer-0For blockchain, Layer-0 is a root layer that allows for cross-chain interoperability between Layer-1 protocols. In other words, it is a connector of blockchains.When it comes to blockchains, one of the major issues they face is scalability. The benefit of Layer-0 is that it has several use cases in scalability an…
Learn More
Fraud Proof A succinct definition of Fraud Proof Fraud ProofLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYFRAUD PROOFCopy linkShare on TwitterShare on FacebookShare on LinkedinFraud ProofA fraud proof in blockchain is a cryptographic mechanism used to detect and prove malicious or incorrect activity within a blockchain or Layer-2 scaling solution. It allows for the identification of invalid transactions or blocks, ensuring that misbehaviour can be caught and corrected if verif…
Learn More
Oracle A succinct definition of Oracle OracleLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYORACLECopy linkShare on TwitterShare on FacebookShare on LinkedinOracleAn oracle is a bridge that connects blockchain networks with external data sources or systems. While smart contracts are powerful tools for automating processes on the blockchain, they are typically unable to access data from outside their network. This limitation is where blockchain oracles come into play.Blockchain …
Learn More
ERC-827 A succinct definition of ERC-827 ERC-827Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYERC-827Copy linkShare on TwitterShare on FacebookShare on LinkedinERC-827ERC stands for Ethereum Request for Comment, providing application-level standards for the Ethereum blockchain. ERC-827 builds upon the ERC-20 token standard, allowing for the execution of calls inside transfers and approvals. For example, with ERC-827, users can pass data and tokens to smart contracts in order t…
Learn More
Buy Kyber Network With Credit or Debit Card • Nexo Buy Kyber Network (KNC) with Debit or Credit card. Earn high yields as soon as you top up. Expand your digital assets portfolio. Buy Kyber Network With Credit or Debit Card • NexoLog inSign upPersonalBusinessMarketsCompanyGet startedBuy BTC, ETH, and over 100 other digital assets and start earning interest.Buy assetsGrow your savingsFlexible SavingsEarn interest with daily payouts and no lock-ups.Fixed-term SavingsEarn more interest for long…
Learn More
Layer-2 A succinct definition of Layer-2 Layer-2Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYLAYER-2Copy linkShare on TwitterShare on FacebookShare on LinkedinLayer-2Layer-2 projects like Polygon enhance scalability by building a new computational layer to decongest the Layer-1 chain (mainchain). They aim to enable a high throughput of transactions while keeping the high level of security of the Layer-1 blockchain. The main forms of Layer-2s are optimistic rollups and Zero-Kn…
Learn More
Orphan Block A succinct definition of Orphan Block Orphan BlockLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYORPHAN BLOCKCopy linkShare on TwitterShare on FacebookShare on LinkedinOrphan BlockIn blockchain technology, an orphan block (or stale block) refers to a block that was successfully mined and broadcast to the network but ultimately rejected because another block with the same block height had been added to the blockchain prior to the network confirming the orphan block.…
Learn More
…Additionally, the mainchain often interacts with other chains or sidechains, which can offload transactions from the mainchain to increase scalability and efficiency.The native cryptocurrency of a blockchain is typically issued and managed on the mainchain. For example, BTC is managed on the Bitcoin mainchain, and Ether (ETH) is managed on the Ethereum mainchain.Key TakeawayThe mainchain is essentially the backbone of any blockchain network, providing the fundamental infrastructure for decentral…
Learn More