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Hashrate A succinct definition of Hashrate HashrateLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYHASHRATECopy linkShare on TwitterShare on FacebookShare on LinkedinHashrateIn blockchain, hashrate refers to the speed at which a computer or network of computers is able to perform operations in the hashing algorithm. Hashing is a fundamental process of blockchain technology, and it involves taking input data and transforming it into a fixed-size string of characters.The hashrate …
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Block Producer A succinct definition of Block Producer Block ProducerLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYBLOCK PRODUCERCopy linkShare on TwitterShare on FacebookShare on LinkedinBlock ProducerA block producer is an entity responsible for generating and validating new blocks in a blockchain network. Block producers are critical to a blockchain’s functioning, as they collect transaction data and store it in blocks, validating their legitimacy on the blockchain.In Pro…
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Ethereum vs Bitcoin Cash: Comparing Two Approaches for Bitcoin’s Challenges Explore how Ethereum and Bitcoin Cash address Bitcoin’s scalability issues respectively, plus how the two cryptocurrencies compare in utility. Ethereum vs Bitcoin Cash: Comparing Two Approaches for Bitcoin’s ChallengesLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYAltcoins9 May 2025|BEGINNERS|5 MIN READEthereum vs Bitcoin Cash: Comparing Two Approaches for Bitcoin’s ChallengesExplore how Ether…
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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…
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Layer-1 A succinct definition of Layer-1 Layer-1Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYLAYER-1Copy linkShare on TwitterShare on FacebookShare on LinkedinLayer-1A Layer-1 blockchain refers to a base network that has its own infrastructure and can run independently. Bitcoin and Ethereum are two examples of Layer-1 networks. Sharding and consensus changes are the two most common solutions for Layer-1 blockchains. Sharding breaks transactions into smaller sets of data, kno…
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Bitcoin vs Dogecoin: Comparing the World’s First Cryptocurrency to the Ultimate Meme Coin Bitcoin and Dogecoin may both be cryptocurrencies, but they differ in design, purpose, economics, and community culture. See how they compare. Bitcoin vs Dogecoin: Comparing the World’s First Cryptocurrency to the Ultimate Meme CoinLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYAltcoins4 Jun 2025|BEGINNERS|7 MIN READBitcoin vs Dogecoin: Comparing the World’s First Cryptocurrency to…
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Gas (ETH) A succinct definition of Gas (ETH) Gas (ETH)Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYGAS (ETH)Copy linkShare on TwitterShare on FacebookShare on LinkedinGas (ETH)Gas is the cost to perform transactions on the Ethereum blockchain. Many types of protocols on the Ethereum network require the use of gas in order for transactions to be performed on the blockchain. For example, decentralised apps (dapps), non-fungible tokens (NFTs), and transfers of funds all require …
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Distributed Ledger A succinct definition of Distributed Ledger Distributed LedgerLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYDISTRIBUTED LEDGERCopy linkShare on TwitterShare on FacebookShare on LinkedinDistributed LedgerIn cryptocurrency, a distributed ledger is a decentralised system that utilises blockchain technology to record and maintain a secure and transparent record of transactions in a network across multiple participants or nodes. Blockchain is an example of a dist…
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Ethereum A succinct definition of Ethereum EthereumLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYETHEREUMCopy linkShare on TwitterShare on FacebookShare on LinkedinEthereumIntroduced in 2015 by Vitalik Buterin, Ethereum is a decentralised, open-source blockchain platform designed to enable the creation and execution of smart contracts, which are self-executing agreements with predefined conditions. In essence, Ethereum is a programmable blockchain that allows developers to bui…
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Introduction to Ethereum Layer-2s Learn all about Ethereum Layer-2 scaling technologies and how they work. Introduction to Ethereum Layer-2sLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYBlockchain10 Jul 2023|INTERMEDIATE|8 MIN READIntroduction to Ethereum Layer-2sLearn all about Ethereum Layer-2 scaling technologies and how they work. Key Takeaways: The most popular types of Layer-2s on Ethereum are optimistic rollups and Zero-Knowledge rollups (ZK rollups). However, there a…
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