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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 …
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Delegated Proof of Stake (DPoS) A succinct definition of Delegated Proof of Stake (DPoS) Delegated Proof of Stake (DPoS)Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYDELEGATED PROOF OF STAKE (DPOS)Copy linkShare on TwitterShare on FacebookShare on LinkedinDelegated Proof of Stake (DPoS)In Delegated Proof of Stake (DPoS), users vote in delegates, also known as validators, to verify and produce blocks. After successfully producing a block, validators may then distribute their bl…
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Bitcoin vs Ethereum: What’s Different Between BTC and ETH? | Crypto.com Bitcoin vs Ethereum. The two biggest cryptocurrencies are very different. Learn what makes BTC and ETH unique. Bitcoin vs Ethereum: What’s Different Between BTC and ETH? | Crypto.comLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyBitcoin vs Ethereum: What’s Different Between BTC and ETH? | Crypto.comBitcoin vs Ethereum. The two biggest cryptocurrencies are very different. Learn what makes BTC and ETH unique. K…
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Private Chain A succinct definition of Private Chain Private ChainLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYPRIVATE CHAINCopy linkShare on TwitterShare on FacebookShare on LinkedinPrivate ChainPrivate chains differ from public chains because they use a central entity that governs the network. Participants in this type of blockchain technology normally require permission from the administrator to read, write, or audit the blockchain. Hence, private chains are known as ‘ma…
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Bitcoin vs Ethereum: What’s Different Between BTC and ETH? | Crypto.com Bitcoin vs Ethereum. The two biggest cryptocurrencies are very different. Learn what makes BTC and ETH unique. Bitcoin vs Ethereum: What’s Different Between BTC and ETH? | Crypto.comLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyBitcoin vs Ethereum: What’s Different Between BTC and ETH? | Crypto.comBitcoin vs Ethereum. The two biggest cryptocurrencies are very different. Learn what makes BTC and ETH unique. K…
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Impossible Trinity A succinct definition of Impossible Trinity Impossible TrinityLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYIMPOSSIBLE TRINITYCopy linkShare on TwitterShare on FacebookShare on LinkedinImpossible TrinityThe Impossible Trinity, also known as blockchain trilemma, is one of the greatest hurdles for cryptocurrency. It states that blockchains can only simultaneously achieve two out of either decentralisation, scalability, or security — but never all three.Scala…
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Tower Byzantine Fault Tolerance (Tower BFT) A succinct definition of Tower Byzantine Fault Tolerance (Tower BFT) Tower Byzantine Fault Tolerance (Tower BFT)Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYTOWER BYZANTINE FAULT TOLERANCE (TOWER BFT)Copy linkShare on TwitterShare on FacebookShare on LinkedinTower Byzantine Fault Tolerance (Tower BFT)Tower Byzantine Fault Tolerance (Tower BFT) is a consensus mechanism designed to ensure the security and reliability of distributed sy…
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What Is Arbitrum (ARB)? ARB is the Arbitrum blockchain’s native governance token. Learn about its features and tokenomics in this article. What Is Arbitrum (ARB)?Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYAltcoins14 Aug 2023|BEGINNERS|4 MIN READWhat Is Arbitrum (ARB)?ARB is the Arbitrum blockchain’s native governance token. Learn about its features and tokenomics in this article. Key Takeaways: ARB is the native ERC-20 governance token for the Arbitrum blockchain, whi…
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Open-Source Blockchain A succinct definition of Open-Source Blockchain Open-Source BlockchainLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYOPEN-SOURCE BLOCKCHAINCopy linkShare on TwitterShare on FacebookShare on LinkedinOpen-Source BlockchainAn open-source blockchain refers to a blockchain network or protocol whose source code is made publicly available, allowing anyone to freely view, modify, and distribute the code. Open-source blockchain projects offer several key benefits…
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Blockchain A succinct definition of Blockchain BlockchainLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYBLOCKCHAINCopy linkShare on TwitterShare on FacebookShare on LinkedinBlockchainBlockchain is the underlying technology behind cryptocurrencies. A type of distributed ledger technology (DLT), blockchain is a database mechanism that facilitates the recording of transactions online. Information on a blockchain is encrypted and managed in a decentralised and trustless manner.Some…
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