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Backward Compatibility A succinct definition of Backward Compatibility Backward CompatibilityLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYBACKWARD COMPATIBILITYCopy linkShare on TwitterShare on FacebookShare on LinkedinBackward CompatibilityBackward compatibility in blockchain refers to the ability of a new version or update of a blockchain protocol or software to interact seamlessly with older versions of the same protocol. Backward compatibility allows newer software or pro…
Learn MoreTaker Fee A succinct definition of Taker Fee Taker FeeLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYTAKER FEECopy linkShare on TwitterShare on FacebookShare on LinkedinTaker FeeA taker fee in cryptocurrency trading is a fee charged by an exchange to traders who remove liquidity from the order book by executing trades that are immediately matched with existing orders. These traders are referred to as ‘takers’ because they ‘take’ liquidity away from the market by complet…
Learn MoreRSA A succinct definition of RSA RSALevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYRSACopy linkShare on TwitterShare on FacebookShare on LinkedinRSARSA (short for Rivest–Shamir–Adleman) is one of the most widely used public-key encryption algorithms for secure data transmission. Named after Ron Rivest, Adi Shamir, and Leonard Adleman, who publicly described the algorithm in 1977, RSA is used to securely transmit messages over the internet. As an asymmetric cryptosystem, RSA…
Learn MoreBull Market A succinct definition of Bull Market Bull MarketLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYBULL MARKETCopy linkShare on TwitterShare on FacebookShare on LinkedinBull MarketIn traditional finance (TradFi), the term ‘bull market’ is believed to have originated from a bull’s fighting style of thrusting its horns in an upward motion. Traders have since used this term to describe the overall market sentiment that exhibits a similar pattern — an uptrending pri…
Learn MoreDeath Cross A succinct definition of Death Cross Death CrossLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYDEATH CROSSCopy linkShare on TwitterShare on FacebookShare on LinkedinDeath CrossA death cross is a chart pattern reflecting an asset’s price weakness in reference to the drop of its short-term moving average (MA) price below its long-term moving average price. An MA is the average price of an asset over a set period of time.Traders commonly use the 50-period moving aver…
Learn MoreCrypto.com REWARDS+ — A Loyalty Program Built For Everyone Crypto.com REWARDS+ is the world’s first cryptocurrency loyalty program. Unlock achievements and tangible rewards for every trade made. Crypto.com REWARDS+ — A Loyalty Program Built For EveryoneLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyA Loyalty Program Built For EveryoneActivate RewardsWatch The FilmGo further on your journey to unlock achievements and tangible rewards for every trade you make.Additional Earn Plus B…
Learn MoreProof 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 MoreBear Trap A succinct definition of Bear Trap Bear TrapLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYBEAR TRAPCopy linkShare on TwitterShare on FacebookShare on LinkedinBear TrapA bear trap is where an individual or a group of traders looks to manipulate a cryptocurrency in order to create a pattern. For instance, a group of traders may simultaneously sell a large amount of a cryptocurrency, sending fake market signals because it paints a picture on the price chart that looks l…
Learn MoreCryptocurrency A succinct definition of Cryptocurrency CryptocurrencyLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYCRYPTOCURRENCYCopy linkShare on TwitterShare on FacebookShare on LinkedinCryptocurrencyA cryptocurrency is a digital or virtual currency in which all peer-to-peer (P2P) transactions are verified and recorded using cryptography, making it very difficult to counterfeit or hack. Cryptocurrencies are built to enable a decentralised financial (DeFi) system where anyone…
Learn MoreVitalik Buterin A succinct definition of Vitalik Buterin Vitalik ButerinLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYVITALIK BUTERINCopy linkShare on TwitterShare on FacebookShare on LinkedinVitalik ButerinVitalik Buterin is a Canadian programmer who founded Ethereum, the second-largest cryptocurrency by market capitalisation. Born in Russia in 1994, Buterin eventually emigrated with his family to Canada as a child. His father was a computer scientist, and at an early age, Vi…