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Honeypot A succinct definition of Honeypot HoneypotLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYHONEYPOTCopy linkShare on TwitterShare on FacebookShare on LinkedinHoneypotIn honeypot scams, the scammers typically contact cryptocurrency users through social media platforms like X, Discord, or Reddit, presenting themselves as inexperienced individuals seeking assistance. They claim to have received a substantial crypto payout and require help transferring or cashing it out. In …
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Initial Coin Offering (ICO) A succinct definition of Initial Coin Offering (ICO) Initial Coin Offering (ICO)Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYINITIAL COIN OFFERING (ICO)Copy linkShare on TwitterShare on FacebookShare on LinkedinInitial Coin Offering (ICO)An initial coin offering (ICO) is a method for companies to raise funds by launching a new cryptocurrency. This type of funding does not require the sale of securities or the involvement of venture capitalists, hen…
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Deflation A succinct definition of Deflation DeflationLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYDEFLATIONCopy linkShare on TwitterShare on FacebookShare on LinkedinDeflationDeflation is a decline in prices of goods and services, usually accompanied by the contraction of monetary and credit supply. However, this is not always the case. For example, electronics get cheaper over time because of advancements in technology, productivity, and automation rather than as a result o…
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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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Interoperability A succinct definition of Interoperability InteroperabilityLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYINTEROPERABILITYCopy linkShare on TwitterShare on FacebookShare on LinkedinInteroperabilityBlockchain interoperability allows different blockchains to seamlessly exchange data, assets, and functionality. Its main purpose is to overcome blockchain isolation by enabling different blockchains, each with their own architectures, to interact in a secure and decen…
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Airdrop A succinct definition of Airdrop AirdropLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYAIRDROPCopy linkShare on TwitterShare on FacebookShare on LinkedinAirdropAirdrops are often used as a marketing strategy to promote a new cryptocurrency or increase the adoption and usage of a particular blockchain. They can be used to reward existing holders of a particular cryptocurrency or to attract new users to a project. Airdrops may be conducted by the developers of a cryptocur…
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Decentralised Exchange (DEX) A succinct definition of Decentralised Exchange (DEX) Decentralised Exchange (DEX)Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYDECENTRALISED EXCHANGE (DEX)Copy linkShare on TwitterShare on FacebookShare on LinkedinDecentralised Exchange (DEX)Decentralised exchanges (DEXs) act as an alternative to centralised exchanges (CEXs); they are non-custodial and allow users to operate anonymously. Cryptocurrency trades are typically handled by the user and …
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Blockchain Interoperability A succinct definition of Blockchain Interoperability Blockchain InteroperabilityLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYBLOCKCHAIN INTEROPERABILITYCopy linkShare on TwitterShare on FacebookShare on LinkedinBlockchain InteroperabilityBlockchain interoperability allows different blockchains to seamlessly exchange data, assets, and functionality. Its main purpose is to overcome blockchain isolation by enabling different blockchains, each with the…
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DYOR A succinct definition of DYOR DYORLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYDYORCopy linkShare on TwitterShare on FacebookShare on LinkedinDYORDYOR, or ‘do your own research’, is a commonly used term in the cryptocurrency industry. The primary purpose of this term is to encourage users to research and understand the project they are interested in before taking action (e.g., buying tokens).DYOR also encourages users to screen information for accuracy when consuming…
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How to Buy Spectral - Buy SPEC - Crypto.com Read the Crypto.com walk-through on how to buy Spectral. Start or grow your crypto portfolio and buy SPEC today. How to Buy Spectral - Buy SPEC - Crypto.comLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyHow to BuySpectralFind out how to buy Spectral and other cryptocurrencies on Crypto.com.Price provided for reference only by|Updated 10s agoIntroductionSpectral (SPEC) is a cryptocurrency token that underpins a decentralised platform focused o…
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