A protocol is a collection of guidelines that establish how interactions occur on a network, typically encompassing consensus, transaction validation, and network participation within a blockchain.
Category Archives: Uncategorized
The blockchain’s protocol layer refers to the regulations and procedures that dictate the functioning of the network.
Nifty Gateway, which is possessed by the Winklevoss twins, is a platform for NFTs.
A No-Coiner refers to an individual who does not possess any cryptocurrency in their investment portfolio and holds a strong conviction that cryptocurrency, as a whole, will ultimately collapse.
Node is the fundamental component of blockchain infrastructure responsible for storing data.
Mt. Gox was a cryptocurrency exchange that facilitated the buying and selling of Bitcoin. Unfortunately, it ceased operations in 2014 following a significant security breach.
Nominators play a crucial role in a blockchain network that utilizes the nominated proof-of-stake (NPoS) consensus algorithm. They are one of the two primary actors involved in this network.
A multi-coin wallet, also referred to as a multi-chain wallet, enables users to store multiple cryptocurrencies from various blockchain networks.
A non-custodial setup typically pertains to the storage of keys, particularly in relation to wallets or exchanges. It involves the user directly holding the private keys.
Multi-Party Computation (MPC) is a cryptographic technique that divides computational tasks among multiple parties, ensuring that no single entity has access to the data of other parties.