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RPC A succinct definition of RPC RPCLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYRPCCopy linkShare on TwitterShare on FacebookShare on LinkedinRPCRemote Procedure Call, also known simply as RPC, plays a crucial role in the functioning of many cryptocurrencies, including Ethereum. It refers to a communication protocol that allows a programme (like a wallet or node) to efficiently request services from another programme or server over a network, typically the internet.In a cryp…
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Volatility A succinct definition of Volatility VolatilityLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYVOLATILITYCopy linkShare on TwitterShare on FacebookShare on LinkedinVolatilityIn cryptocurrency, volatility refers to the degree of variation in the price of a particular digital asset over time. Cryptocurrency markets are notoriously volatile compared to traditional financial (TradFi) markets like stocks or bonds. Several factors contribute to this volatility.Cryptocurrency…
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Zero-Knowledge Proof A succinct definition of Zero-Knowledge Proof Zero-Knowledge ProofLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYZERO-KNOWLEDGE PROOFCopy linkShare on TwitterShare on FacebookShare on LinkedinZero-Knowledge ProofA Zero-Knowledge (ZK) proof is a method of authentication where one user can prove the authenticity of certain information without conveying any extra information. In short, a ZK proof allows private information to be kept private during an exchange…
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Oracle A succinct definition of Oracle OracleLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYORACLECopy linkShare on TwitterShare on FacebookShare on LinkedinOracleAn oracle is a bridge that connects blockchain networks with external data sources or systems. While smart contracts are powerful tools for automating processes on the blockchain, they are typically unable to access data from outside their network. This limitation is where blockchain oracles come into play.Blockchain …
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Exit Strategy A succinct definition of Exit Strategy Exit StrategyLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYEXIT STRATEGYCopy linkShare on TwitterShare on FacebookShare on LinkedinExit StrategyIn cryptocurrency trading, an exit strategy is a plan for selling or liquidating a position to achieve the best possible financial outcome. This strategy is crucial for managing risk and securing profits, and involves setting predetermined price levels at which to sell to lock in pro…
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Anti-Money Laundering (AML) A succinct definition of Anti-Money Laundering (AML) Anti-Money Laundering (AML)Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYANTI-MONEY LAUNDERING (AML)Copy linkShare on TwitterShare on FacebookShare on LinkedinAnti-Money Laundering (AML)Anti-money laundering (AML) refers to a set of guidelines that prevents illegal income from being disguised as legitimate earnings. In cryptocurrency, it covers any preventive measures designed to inhibit criminals…
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RSA 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…
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Bull 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…
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Death 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…
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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…
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