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Cold Wallet A succinct definition of Cold Wallet Cold WalletLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYCOLD WALLETCopy linkShare on TwitterShare on FacebookShare on LinkedinCold WalletBy definition, any form of cryptocurrency wallet that is not connected to the internet is considered a cold wallet. In comparison with a hot wallet, which is connected to the internet, cold wallets are generally considered more secure since they keep a user’s private keys offline.Types of co…
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Public Key A succinct definition of Public Key Public KeyLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYPUBLIC KEYCopy linkShare on TwitterShare on FacebookShare on LinkedinPublic KeyA public key is a cryptographic key used to encrypt messages intended for a particular recipient. A more technical definition of a public key is a series of letters and numbers used to encrypt plaintext into ciphertext. Because of this, public keys can be freely shared, as opposed to private keys, …
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Offshore Account A succinct definition of Offshore Account Offshore AccountLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYOFFSHORE ACCOUNTCopy linkShare on TwitterShare on FacebookShare on LinkedinOffshore AccountAn offshore account is a bank account held in a country other than the one in which the account holder resides or where the funds are generated. These accounts are often opened in jurisdictions known for favourable tax regulations.Individuals and companies may open off…
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Web2 A succinct definition of Web2 Web2Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYWEB2Copy linkShare on TwitterShare on FacebookShare on LinkedinWeb2While Web1 was focused on making information accessible to the public, Web2 — the current version of the internet we know today — is about creating and contributing. It has become the basis for the commercialisation of the internet, spawning significant applications, such as e-commerce, social media, and virtual communicati…
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Verifiable Delay Functions (VDFs) A succinct definition of Verifiable Delay Functions (VDFs) Verifiable Delay Functions (VDFs)Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYVERIFIABLE DELAY FUNCTIONS (VDFS)Copy linkShare on TwitterShare on FacebookShare on LinkedinVerifiable Delay Functions (VDFs)Verifiable Delay Functions (VDFs) are cryptographic constructs essential for the security and efficiency of blockchain and cryptocurrency. In simple terms, a VDF is a mathematical puzz…
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Web1 A succinct definition of Web1 Web1Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYWEB1Copy linkShare on TwitterShare on FacebookShare on LinkedinWeb1Web1 generally refers to the first phase of internet evolution. It was the internet as we first came to know it, and what spawned the dot-com boom. Unlike today’s web, which is highly interactive, Web1 was fairly passive and all about reading and consuming information. This is why it is sometimes referred to as the ‘read-on…
Blockchain Trilemma A succinct definition of Blockchain Trilemma Blockchain TrilemmaLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYBLOCKCHAIN TRILEMMACopy linkShare on TwitterShare on FacebookShare on LinkedinBlockchain TrilemmaOriginally coined by Vitalik Buterin, the creator of Ethereum, the blockchain trilemma is an issue that currently plagues all blockchains. To be precise, it is commonly considered that most blockchains can only provide two out of three of the following b…
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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…
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Relative Strength Index (RSI) A succinct definition of Relative Strength Index (RSI) Relative Strength Index (RSI)Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYRELATIVE STRENGTH INDEX (RSI)Copy linkShare on TwitterShare on FacebookShare on LinkedinRelative Strength Index (RSI)The Relative Strength Index (RSI) is a popular momentum indicator used in technical analysis to measure the speed and change of recent price movements in a cryptocurrency. As with traditional finance (Tra…
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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…
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