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Verkle Tree A succinct definition of Verkle Tree Verkle TreeLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYVERKLE TREECopy linkShare on TwitterShare on FacebookShare on LinkedinVerkle TreeA Verkle tree is a data structure that combines the benefits of Merkle trees and vector commitments to enable more efficient proof generation and verification. Merkle trees are data structures commonly used in blockchains like Bitcoin and Ethereum to organise and verify large sets of data. The…
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HODLer A succinct definition of HODLer HODLerLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYHODLERCopy linkShare on TwitterShare on FacebookShare on LinkedinHODLerA ‘HODLer’ in cryptocurrency is someone who holds onto their digital assets long term, regardless of market conditions or price fluctuations. The term ‘HODL’ originated in 2013 as a misspelling of ‘hold’ in a Bitcoin forum post and quickly became popular, evolving into a widely used term and acronym in the…
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Inter-Blockchain Communication Protocol (IBC) A succinct definition of Inter-Blockchain Communication Protocol (IBC) Inter-Blockchain Communication Protocol (IBC)Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYINTER-BLOCKCHAIN COMMUNICATION PROTOCOL (IBC)Copy linkShare on TwitterShare on FacebookShare on LinkedinInter-Blockchain Communication Protocol (IBC)Launched by the Interchain Foundation, the Inter-Blockchain Communication Protocol (IBC) is an open-source blockchain that e…
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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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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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Hierarchical Deterministic (HD) Wallet A succinct definition of Hierarchical Deterministic (HD) Wallet Hierarchical Deterministic (HD) WalletLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYHIERARCHICAL DETERMINISTIC (HD) WALLETCopy linkShare on TwitterShare on FacebookShare on LinkedinHierarchical Deterministic (HD) WalletA Hierarchical Deterministic (HD) wallet, defined under Bitcoin Improvement Proposal 32 (BIP-32), is a type of cryptocurrency wallet that generates a tree-like…
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Hashpower A succinct definition of Hashpower HashpowerLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYHASHPOWERCopy linkShare on TwitterShare on FacebookShare on LinkedinHashpowerHashpower, also known as hashrate, refers to the total computational power used in blockchain networks to solve cryptographic puzzles necessary for mining, processing, and validating transactions. It is a key metric in Proof of Work (PoW) blockchains like Bitcoin, where it helps secure the network and m…
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Hard Fork A succinct definition of Hard Fork Hard ForkLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYHARD FORKCopy linkShare on TwitterShare on FacebookShare on LinkedinHard ForkA blockchain hard fork is a significant change or upgrade to a blockchain’s protocol that is not backward-compatible with the previous version. This means that nodes (computers in the network) running the old version of the software will no longer be able to participate in the new blockchain, leading …
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Fiat-Collateralised Stablecoin A succinct definition of Fiat-Collateralised Stablecoin Fiat-Collateralised StablecoinLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYFIAT-COLLATERALISED STABLECOINCopy linkShare on TwitterShare on FacebookShare on LinkedinFiat-Collateralised StablecoinA fiat-collateralised stablecoin is a type of cryptocurrency backed by a reserve of fiat currency (such as the US dollar, euro, or other national currencies) or cash equivalents (e.g., US short-term …
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Artificial Intelligence (AI) A succinct definition of Artificial Intelligence (AI) Artificial Intelligence (AI)Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYARTIFICIAL INTELLIGENCE (AI)Copy linkShare on TwitterShare on FacebookShare on LinkedinArtificial Intelligence (AI)Artificial intelligence (AI) is a branch of computer science that enables machines to perform tasks that typically require human intelligence, such as understanding natural language, recognising patterns, solv…
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