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Centralised Exchange (CEX) A succinct definition of Centralised Exchange (CEX) Centralised Exchange (CEX)Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYCENTRALISED EXCHANGE (CEX)Copy linkShare on TwitterShare on FacebookShare on LinkedinCentralised Exchange (CEX)A centralised exchange (CEX) is an organisation that facilitates the exchange of cryptocurrency assets. It is owned and run by a central authority figure or company in a centralised manner.Centralised exchanges typicall…
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DevP2P A succinct definition of DevP2P DevP2PLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYDEVP2PCopy linkShare on TwitterShare on FacebookShare on LinkedinDevP2PDevP2P, short for Developer Peer-to-Peer, is used in cryptocurrency and blockchain technology, specifically designed to facilitate peer-to-peer (P2P) communication amongst nodes (computers) in a decentralised network.One of the primary functions of DevP2P is node discovery. Nodes use DevP2P to find and connect to othe…
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BRC-20 A succinct definition of BRC-20 BRC-20Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYBRC-20Copy linkShare on TwitterShare on FacebookShare on LinkedinBRC-20The BRC-20 token standard is a fungible token standard for the Bitcoin blockchain, enabling developers to create and transfer fungible tokens using the Ordinals protocol. However, unlike the Ethereum token standard (ERC-20), BRC-20 tokens do not make use of smart contracts, instead utilising Ordinals inscriptions of J…
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Order Book A succinct definition of Order Book Order BookLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYORDER BOOKCopy linkShare on TwitterShare on FacebookShare on LinkedinOrder BookIn cryptocurrency trading, an order book is a real-time, continuously updated list of buy and sell orders for a particular cryptocurrency. It displays the prices and quantities of these orders, organised in a way that helps traders understand the current market demand and supply at different price …
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Multi-Signature Authentication A succinct definition of Multi-Signature Authentication Multi-Signature AuthenticationLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYMULTI-SIGNATURE AUTHENTICATIONCopy linkShare on TwitterShare on FacebookShare on LinkedinMulti-Signature AuthenticationMulti-signature authentication (often referred to as multisig in cryptocurrency and blockchain) is a security feature that requires multiple private keys to authorise a transaction. Instead of relyin…
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Ciphertext A succinct definition of Ciphertext CiphertextLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYCIPHERTEXTCopy linkShare on TwitterShare on FacebookShare on LinkedinCiphertextCiphertext consists of a string of randomised characters that are the encrypted version of a text. It contains the same information as a message in plaintext, but is unreadable by a human or computer without a decryption algorithm. Ciphertext is commonly applied to protect the original message from…
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Digital Asset A succinct definition of Digital Asset Digital AssetLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYDIGITAL ASSETCopy linkShare on TwitterShare on FacebookShare on LinkedinDigital AssetA digital asset is any form of electronic data that has economic value and can be owned or controlled by an individual or organisation. These include cryptocurrencies, securities, tokens, art and collectibles, data, and intellectual property.Digital currencies like Bitcoin, Ethereum,…
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Fear & Greed Index A succinct definition of Fear & Greed Index Fear & Greed IndexLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYFEAR & GREED INDEXCopy linkShare on TwitterShare on FacebookShare on LinkedinFear & Greed IndexThe Fear & Greed Index is a sentiment analysis tool designed to gauge the emotions and behaviours of the broader cryptocurrency market. It helps traders understand whether the market is being driven by fear (which could lead to undervalued pric…
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Parachain A succinct definition of Parachain ParachainLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYPARACHAINCopy linkShare on TwitterShare on FacebookShare on LinkedinParachainUsed specifically for applications, parachains are individual blockchains that utilise Substrate technology, which has Web3 functionality and a framework for making blockchains.Parachains run parallel with one another on the Polkadot or Kusama networks, as Kusama functions as a testing ground for Polkad…
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ZK-STARK A succinct definition of ZK-STARK ZK-STARKLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYZK-STARKCopy linkShare on TwitterShare on FacebookShare on LinkedinZK-STARKA ZK-STARK, short for Zero-Knowledge Scalable Transparent Argument of Knowledge, is a cryptographic proof system used in blockchain technology and cryptocurrencies designed to provide a way for users to prove the validity of certain information or computations without revealing any of the underlying data.Par…
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