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Market Cap A succinct definition of Market Cap Market CapLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYMARKET CAPCopy linkShare on TwitterShare on FacebookShare on LinkedinMarket CapAn important metric for traders, market cap — or market capitalisation — is a benchmark for understanding a cryptocurrency’s relative weight in the market. It refers to the total value of a cryptocurrency in circulation, which is derived by multiplying the cryptocurrency’s price by the tota…
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Decentralised Autonomous Organisation (DAO) A succinct definition of Decentralised Autonomous Organisation (DAO) Decentralised Autonomous Organisation (DAO)Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYDECENTRALISED AUTONOMOUS ORGANISATION (DAO)Copy linkShare on TwitterShare on FacebookShare on LinkedinDecentralised Autonomous Organisation (DAO)A decentralised autonomous organisation (DAO) is a community-led entity without any central leadership, such as a CEO or chairman. It …
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Staking Pool A succinct definition of Staking Pool Staking PoolLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYSTAKING POOLCopy linkShare on TwitterShare on FacebookShare on LinkedinStaking PoolIn Proof of Stake (PoS) and its variants like Delegated Proof of Stake (DPoS), staking is the process of locking up a certain amount of tokens or coins in a wallet to support the operations of a blockchain network. In return, participants are rewarded with additional tokens.A staking pool…
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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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Proof of Stake (PoS) A succinct definition of Proof of Stake (PoS) Proof of Stake (PoS)Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYPROOF OF STAKE (POS)Copy linkShare on TwitterShare on FacebookShare on LinkedinProof of Stake (PoS)In a Proof of Stake (PoS) system, validators are required to pledge a ‘stake’ of digital currency for the chance to be randomly chosen to validate transactions. They are selected based on the number of tokens they hold, a process not unlike a lo…
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BEP-20 A succinct definition of BEP-20 BEP-20Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYBEP-20Copy linkShare on TwitterShare on FacebookShare on LinkedinBEP-20BEP-20 is a token standard for the BNB Smart Chain. Similar to how ERC-20 acts as a fungible token standard for Ethereum, the same applies for BEP-20 on the BNB Smart Chain.BEP-20 originally comes from the ERC-20 standard and is fully compatible with it. Using similar code functions with slight modifications across th…
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Metadata A succinct definition of Metadata MetadataLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYMETADATACopy linkShare on TwitterShare on FacebookShare on LinkedinMetadata‘Metadata’ refers to data that provides information about other data within a blockchain network, which includes various types of supplementary information that helps describe, manage, and track the primary data (transactions, blocks, user information, smart contracts, etc.).For transactions, metadata pr…
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Blockchain and AI: How They Can Work Together What challenges does AI face, and how can blockchain help? Learn how these two technologies can work together. Blockchain and AI: How They Can Work TogetherLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYBlockchain6 Mar 2023|INTERMEDIATE|4 MIN READBlockchain and AI: How They Can Work TogetherWhat challenges does AI face, and how can blockchain help? Learn how these two technologies can work together. Key Takeaways: The main challen…
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Mainnet A succinct definition of Mainnet MainnetLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYMAINNETCopy linkShare on TwitterShare on FacebookShare on LinkedinMainnetA mainnet is a term describing an independent blockchain network, with different tokens, coins, and applications running on it. This is in contrast to a testnet, which is essentially a testing ground used to troubleshoot before projects or cryptocurrencies launch on the mainnet. In short, a testnet is the trouble…
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Fungible A succinct definition of Fungible FungibleLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYFUNGIBLECopy linkShare on TwitterShare on FacebookShare on LinkedinFungibleWhen it comes to cryptocurrency, fungible refers to a cryptocurrency’s interchangeability; meaning, fungible assets are identical and of equal value. For example, ETH is a fungible token, as it can be exchanged on a one-to-one basis (i.e., 1 ETH with another ETH). On the other hand, non-fungible tokens (N…