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Validator A succinct definition of Validator ValidatorLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYVALIDATORCopy linkShare on TwitterShare on FacebookShare on LinkedinValidatorA validator is a participant in a Proof of Stake (PoS) blockchain chosen to create new blocks and validate transactions based on the amount of cryptocurrency they ‘stake’ in the network. Responsible for validating new transactions and maintaining the security of the blockchain, validators play a cru…
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Soft Fork A succinct definition of Soft Fork Soft ForkLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYSOFT FORKCopy linkShare on TwitterShare on FacebookShare on LinkedinSoft ForkA soft fork is a backward-compatible upgrade to a blockchain’s protocol that is less disruptive than a hard fork since it doesn’t require a complete split of the network. It introduces new rules or conditions that are not present in the older version, but allows non-upgraded nodes (computers in the …
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Litecoin vs Bitcoin Cash: Comparing Two Bitcoin Offshoots With Divergent Goals Compare Litecoin’s faster, lower-cost transactions and Bitcoin Cash’s commitment to better scalability and peer-to-peer payments. Litecoin vs Bitcoin Cash: Comparing Two Bitcoin Offshoots With Divergent GoalsLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYAltcoinsYESTERDAY|BEGINNERS|1 MIN READLitecoin vs Bitcoin Cash: Comparing Two Bitcoin Offshoots With Divergent GoalsCompare Litecoin’s faste…
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Ethereum vs Dogecoin: Two Different Approaches to Utility in Cryptocurrency Explore Ethereum and Dogecoin, comparing Ethereum’s broad ecosystem versus Dogecoin’s meme-driven appeal and use as a digital currency. Ethereum vs Dogecoin: Two Different Approaches to Utility in CryptocurrencyLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYAltcoins11 Jun 2025|BEGINNERS|1 MIN READEthereum vs Dogecoin: Two Different Approaches to Utility in CryptocurrencyExplore Ethereum and Dogeco…
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What Are ERC-20 Tokens? All About Ethereum’s Most Important Token Standard ERC-20 is a token standard for fungible tokens on Ethereum. Learn what it is and how cryptocurrencies can be minted with it. What Are ERC-20 Tokens? All About Ethereum’s Most Important Token StandardLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYAltcoins15 May 2024|INTERMEDIATE|5 MIN READWhat Are ERC-20 Tokens? All About Ethereum’s Most Important Token StandardERC-20 is a token standard for fungi…
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…Some blockchain networks offer a financial incentive to operate masternodes, but Bitcoin is not one of them. Other Types of Blockchain Nodes Bitcoin and its network proved the value of nodes, and now there are many other kinds. Below are a few more examples of popular blockchain nodes: Pruned Full Nodes A pruned full node is a device that can’t download and store the entire blockchain due to limited storage capacity, but it can verify transactions and participate in consensus. These nodes au…
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Bridge A succinct definition of Bridge BridgeLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYBRIDGECopy linkShare on TwitterShare on FacebookShare on LinkedinBridgeBridges are points between two different blockchains, allowing users to move between the two. In reality, like currency in traditional finance (TradFi), tokens typically do not move across blockchains. Rather, the amount changes between blockchains.Bridges can be either centralised or decentralised. A centralised bri…
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Delegated Proof of Stake (DPoS) A succinct definition of Delegated Proof of Stake (DPoS) Delegated Proof of Stake (DPoS)Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYDELEGATED PROOF OF STAKE (DPOS)Copy linkShare on TwitterShare on FacebookShare on LinkedinDelegated Proof of Stake (DPoS)In Delegated Proof of Stake (DPoS), users vote in delegates, also known as validators, to verify and produce blocks. After successfully producing a block, validators may then distribute their bl…
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What Are ERC-20 Tokens? All About Ethereum’s Most Important Token Standard ERC-20 is a token standard for fungible tokens on Ethereum. Learn what it is and how cryptocurrencies can be minted with it. What Are ERC-20 Tokens? All About Ethereum’s Most Important Token StandardLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYAltcoins15 May 2024|INTERMEDIATE|5 MIN READWhat Are ERC-20 Tokens? All About Ethereum’s Most Important Token StandardERC-20 is a token standard for fungi…
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…Sidechain A succinct definition of Sidechain SidechainLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYSIDECHAINCopy linkShare on TwitterShare on FacebookShare on LinkedinSidechainSidechains, also known as secondary blockchains, are separate blockchain networks connected to the main blockchain (mainnet) via a two-way peg. This connection enables the transfer of tokens and digital assets from the mainnet to the sidechain (and vice versa) at a predetermined rate. In return, this e…
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