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OCO Order A succinct definition of OCO Order OCO OrderLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYOCO ORDERCopy linkShare on TwitterShare on FacebookShare on LinkedinOCO OrderAn OCO order, short for one-cancels-the-other, is a type of advanced order commonly used in cryptocurrency trading where traders set two orders simultaneously (often a limit order and a stop order), with the idea that if one of the orders gets executed, the other order is automatically canceled.OCO orde…
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Merkle Tree A succinct definition of Merkle Tree Merkle TreeLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYMERKLE TREECopy linkShare on TwitterShare on FacebookShare on LinkedinMerkle TreeIn blockchain, a Merkle tree summarises all the transactions in a block by producing a digital fingerprint of the entire set of transactions, thereby enabling users to verify whether or not a transaction was included in a block.Technically, a Merkle tree is a data structure constructed from th…
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Centralised Exchange (CEX) A succinct definition of Centralised Exchange (CEX) Centralised Exchange (CEX)Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYCENTRALISED EXCHANGE (CEX)Copy linkShare on TwitterShare on FacebookShare on LinkedinCentralised Exchange (CEX)A centralised exchange (CEX) is an organisation that facilitates the exchange of cryptocurrency assets. It is owned and run by a central authority figure or company in a centralised manner.Centralised exchanges typicall…
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BRC-20 A succinct definition of BRC-20 BRC-20Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYBRC-20Copy linkShare on TwitterShare on FacebookShare on LinkedinBRC-20The BRC-20 token standard is a fungible token standard for the Bitcoin blockchain, enabling developers to create and transfer fungible tokens using the Ordinals protocol. However, unlike the Ethereum token standard (ERC-20), BRC-20 tokens do not make use of smart contracts, instead utilising Ordinals inscriptions of J…
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NEAR Protocol Price | NEAR Price, Charts | Crypto.com NEAR Protocol USD Price Today - discover how much 1 NEAR is worth in USD with converter, price chart, market cap, trade volume, historical data and more. NEAR Protocol Price | NEAR Price, Charts | Crypto.comCoins: 26,548Market Cap: $3,436.39 B USD24H Change: -1.56%24H Volume: $115.58 B USDDominance: BTC: 60.00%, ETH: 8.54%ETH Gas: 0 GweiAll PricesNEAR Protocol PriceNEAR ProtocolNEARShareDownload$2.09 USDN/A(24H)0.00001989 BTC-3.16%(24H)…
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Multi-Signature Authentication A succinct definition of Multi-Signature Authentication Multi-Signature AuthenticationLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYMULTI-SIGNATURE AUTHENTICATIONCopy linkShare on TwitterShare on FacebookShare on LinkedinMulti-Signature AuthenticationMulti-signature authentication (often referred to as multisig in cryptocurrency and blockchain) is a security feature that requires multiple private keys to authorise a transaction. Instead of relyin…
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Web2 A succinct definition of Web2 Web2Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYWEB2Copy linkShare on TwitterShare on FacebookShare on LinkedinWeb2While Web1 was focused on making information accessible to the public, Web2 — the current version of the internet we know today — is about creating and contributing. It has become the basis for the commercialisation of the internet, spawning significant applications, such as e-commerce, social media, and virtual communicati…
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Impossible Trinity A succinct definition of Impossible Trinity Impossible TrinityLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYIMPOSSIBLE TRINITYCopy linkShare on TwitterShare on FacebookShare on LinkedinImpossible TrinityThe Impossible Trinity, also known as blockchain trilemma, is one of the greatest hurdles for cryptocurrency. It states that blockchains can only simultaneously achieve two out of either decentralisation, scalability, or security — but never all three.Scala…
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Merkle Leaf A succinct definition of Merkle Leaf Merkle LeafLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYMERKLE LEAFCopy linkShare on TwitterShare on FacebookShare on LinkedinMerkle LeafA Merkle leaf is the bottom-most node of a Merkle tree, which is a binary and hierarchical data structure that efficiently organises and verifies data using cryptographic hashes. A Merkle leaf contains the hash value of a single transaction data in the context of blockchain.Each node in a Merk…
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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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