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Circulating Supply A succinct definition of Circulating Supply Circulating SupplyLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYCIRCULATING SUPPLYCopy linkShare on TwitterShare on FacebookShare on LinkedinCirculating SupplyThe circulating supply of a cryptocurrency currently on the market can grow or shrink in a number of ways — from mining to lockups to burns. Projects that allow mining for coins (e.g., Bitcoin) initially have few coins on the market. As time passes and mini…
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Tower Byzantine Fault Tolerance (Tower BFT) A succinct definition of Tower Byzantine Fault Tolerance (Tower BFT) Tower Byzantine Fault Tolerance (Tower BFT)Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYTOWER BYZANTINE FAULT TOLERANCE (TOWER BFT)Copy linkShare on TwitterShare on FacebookShare on LinkedinTower Byzantine Fault Tolerance (Tower BFT)Tower Byzantine Fault Tolerance (Tower BFT) is a consensus mechanism designed to ensure the security and reliability of distributed sy…
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Proof of Elapsed Time (PoET) A succinct definition of Proof of Elapsed Time (PoET) Proof of Elapsed Time (PoET)Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYPROOF OF ELAPSED TIME (POET)Copy linkShare on TwitterShare on FacebookShare on LinkedinProof of Elapsed Time (PoET)Developed by chip manufacturing giant Intel, Proof of Elapsed Time (PoET) is best described as a time-lottery-based consensus algorithm. Usually used on permissioned blockchain networks (which require particip…
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Tokenomics A succinct definition of Tokenomics TokenomicsLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYTOKENOMICSCopy linkShare on TwitterShare on FacebookShare on LinkedinTokenomicsThe term ‘tokenomics’ is a portmanteau of the words ‘token’ and ‘economics’. Broadly speaking, it refers to all the factors that affect the value of a cryptocurrency. This may include the maximum token supply, how new tokens are created and existing ones removed from circulation, token …
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Proof of History (PoH) A succinct definition of Proof of History (PoH) Proof of History (PoH)Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYPROOF OF HISTORY (POH)Copy linkShare on TwitterShare on FacebookShare on LinkedinProof of History (PoH)Proof of History (PoH) is a sequence of computations that enables nodes to cryptographically verify the time between two events. This consensus mechanism allows for ‘timestamps’ to be built directly onto the blockchain itself, informin…
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Byzantine Fault Tolerance (BFT) A succinct definition of Byzantine Fault Tolerance (BFT) Byzantine Fault Tolerance (BFT)Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYBYZANTINE FAULT TOLERANCE (BFT)Copy linkShare on TwitterShare on FacebookShare on LinkedinByzantine Fault Tolerance (BFT)Byzantine Fault Tolerance (BFT) is the ability to tolerate failures in distributed computing systems. The term originated from the hypothetical phenomenon known as the Byzantine Generals Problem…
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Market Correction A succinct definition of Market Correction Market CorrectionLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYMARKET CORRECTIONCopy linkShare on TwitterShare on FacebookShare on LinkedinMarket CorrectionA market correction in the cryptocurrency realm refers to a temporary price decline that occurs after a period of upward price movement or overvaluation. Typically, a correction is defined as a price drop of 10% or more from its recent peak, but the 10% threshold …
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Trendline A succinct definition of Trendline TrendlineLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYTRENDLINECopy linkShare on TwitterShare on FacebookShare on LinkedinTrendlineA trendline is used to help analyse price movements and make more informed trading decisions in volatile markets like cryptocurrency. It is a straight line drawn on a price chart to help identify and visualise the direction of the market’s trend. Trendlines can be used to detect uptrends, downtrends, …
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Halving Event A succinct definition of Halving Event Halving EventLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYHALVING EVENTCopy linkShare on TwitterShare on FacebookShare on LinkedinHalving EventA halving event is aimed at reducing inflation by lowering the amount of new coins created and cutting in half mining rewards, given to cryptocurrency miners as compensation for validating blocks. Mining is used to permanently add transactions to the blockchain, and miners are incent…
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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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