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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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Off-Chain A succinct definition of Off-Chain Off-ChainLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYOFF-CHAINCopy linkShare on TwitterShare on FacebookShare on LinkedinOff-ChainOff-chain refers to transactions or activities that occur outside the blockchain. Off-chain solutions are often explored to address scalability, speed, and cost issues associated with on-chain transactions; common off-chain mechanisms include payment channels, sidechains, off-chain governance, and state…
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Private Key A succinct definition of Private Key Private KeyLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYPRIVATE KEYCopy linkShare on TwitterShare on FacebookShare on LinkedinPrivate KeyA private key is a string of randomly generated letters and numbers used alongside an algorithm to encrypt and decrypt data. It can be in the form of a 256-character-long binary code, a QR code, a 64-digit hexadecimal code, or a mnemonic phrase. Regardless of their form, private keys are an i…
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Cross-Chain A succinct definition of Cross-Chain Cross-ChainLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYCROSS-CHAINCopy linkShare on TwitterShare on FacebookShare on LinkedinCross-ChainCross-chain creates interoperability, allowing for an exchange of information to jump between different blockchains. This type of technology is vital to make an intertwined network of systems, as it operates independently from the platforms that blockchains connect to.Decentralised finance (De…
Public Chain A succinct definition of Public Chain Public ChainLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYPUBLIC CHAINCopy linkShare on TwitterShare on FacebookShare on LinkedinPublic ChainOn a public blockchain, anyone is free to join, and there are no restrictions when it comes to participating. It is a decentralised system in which no single entity controls the network. Instead, all users within a public chain have equal rights. This includes access to read the ledger, a…
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What Is a Crypto Wallet? A Beginner’s Guide Learn about the different types of crypto wallets on the market, how they work, and which one is best for you. What Is a Crypto Wallet? A Beginner’s GuideLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYDeFi23 Apr 2024|BEGINNERS|7 MIN READWhat Is a Crypto Wallet? A Beginner’s GuideLearn about the different types of crypto wallets on the market, how they work, and which one is best for you. Key Takeaways: Contrary to popular beli…
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What Is Cryptocurrency? A Comprehensive Guide for Beginners Cryptocurrency is defined as digital currency based on blockchain technology and secured by cryptography. Here’s everything to know for beginners. What Is Cryptocurrency? A Comprehensive Guide for BeginnersLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYAltcoins21 Aug 2024|BEGINNERS|5 MIN READWhat Is Cryptocurrency? A Comprehensive Guide for BeginnersCryptocurrency is defined as digital currency based on blockchain …
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What Is a Crypto Wallet? A Beginner’s Guide Learn about the different types of crypto wallets on the market, how they work, and which one is best for you. What Is a Crypto Wallet? A Beginner’s GuideLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYDeFi23 Apr 2024|BEGINNERS|7 MIN READWhat Is a Crypto Wallet? A Beginner’s GuideLearn about the different types of crypto wallets on the market, how they work, and which one is best for you. Key Takeaways: Contrary to popular beli…
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What Is a Crypto Wallet? A Beginner’s Guide Learn about the different types of crypto wallets on the market, how they work, and which one is best for you. What Is a Crypto Wallet? A Beginner’s GuideLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYDeFi23 Apr 2024|BEGINNERS|7 MIN READWhat Is a Crypto Wallet? A Beginner’s GuideLearn about the different types of crypto wallets on the market, how they work, and which one is best for you. Key Takeaways: Contrary to popular beli…
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What Is Cryptocurrency? A Comprehensive Guide for Beginners Cryptocurrency is defined as digital currency based on blockchain technology and secured by cryptography. Here’s everything to know for beginners. What Is Cryptocurrency? A Comprehensive Guide for BeginnersLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYAltcoins21 Aug 2024|BEGINNERS|5 MIN READWhat Is Cryptocurrency? A Comprehensive Guide for BeginnersCryptocurrency is defined as digital currency based on blockchain …
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