Search our executive blockchain insights and services.
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…
Learn More
Tokenomics A succinct definition of Tokenomics TokenomicsLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYTOKENOMICSCopy linkShare on TwitterShare on FacebookShare on LinkedinTokenomicsThe term ‘tokenomics’ is a portmanteau of the words ‘token’ and ‘economics’. Broadly speaking, it refers to all the factors that affect the value of a cryptocurrency. This may include the maximum token supply, how new tokens are created and existing ones removed from circulation, token …
Learn More
Proof of Elapsed Time (PoET) A succinct definition of Proof of Elapsed Time (PoET) Proof of Elapsed Time (PoET)Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYPROOF OF ELAPSED TIME (POET)Copy linkShare on TwitterShare on FacebookShare on LinkedinProof of Elapsed Time (PoET)Developed by chip manufacturing giant Intel, Proof of Elapsed Time (PoET) is best described as a time-lottery-based consensus algorithm. Usually used on permissioned blockchain networks (which require particip…
Learn More
Proof of History (PoH) A succinct definition of Proof of History (PoH) Proof of History (PoH)Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYPROOF OF HISTORY (POH)Copy linkShare on TwitterShare on FacebookShare on LinkedinProof of History (PoH)Proof of History (PoH) is a sequence of computations that enables nodes to cryptographically verify the time between two events. This consensus mechanism allows for ‘timestamps’ to be built directly onto the blockchain itself, informin…
Learn More
OCO Order A succinct definition of OCO Order OCO OrderLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYOCO ORDERCopy linkShare on TwitterShare on FacebookShare on LinkedinOCO OrderAn OCO order, short for one-cancels-the-other, is a type of advanced order commonly used in cryptocurrency trading where traders set two orders simultaneously (often a limit order and a stop order), with the idea that if one of the orders gets executed, the other order is automatically canceled.OCO orde…
Learn More
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…
Learn More
Bitcoin ETF A succinct definition of Bitcoin ETF Bitcoin ETFLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYBITCOIN ETFCopy linkShare on TwitterShare on FacebookShare on LinkedinBitcoin ETFExchange-traded funds (ETFs) track the performance of an underlying asset and offer diversified exposure to various assets, providing liquidity and flexibility for traders. Bitcoin ETFs track the value of Bitcoin, providing traders with an opportunity to gain exposure to the cryptocurrency thr…
Learn More
Proof of Importance (PoI) A succinct definition of Proof of Importance (PoI) Proof of Importance (PoI)Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYPROOF OF IMPORTANCE (POI)Copy linkShare on TwitterShare on FacebookShare on LinkedinProof of Importance (PoI)Introduced by NEM (XEM) in 2015, the Proof of Importance (PoI) consensus mechanism aims to solve two predominant drawbacks of the Proof of Stake (PoS) system: The more a user stakes, the higher their chances of adding a bloc…
Learn More
Lightning Network A succinct definition of Lightning Network Lightning NetworkLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYLIGHTNING NETWORKCopy linkShare on TwitterShare on FacebookShare on LinkedinLightning NetworkThe Lightning Network is built on top of Bitcoin, acting as a Layer-2 protocol that aims to improve Bitcoin’s scalability and transaction speed. A major feature of how the Lightning Network facilitates this is by taking transactions off-chain to process them ins…
Learn More
Proof of Reputable Observations (PRO) A succinct definition of Proof of Reputable Observations (PRO) Proof of Reputable Observations (PRO)Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYPROOF OF REPUTABLE OBSERVATIONS (PRO)Copy linkShare on TwitterShare on FacebookShare on LinkedinProof of Reputable Observations (PRO)Proof of Reputable Observations (PRO) is a consensus mechanism introduced by the Constellation Network, a distributed ledger on a directed acyclic graph (DAG). In P…
Learn More