The Lightning Network is a layer 2 payment protocol that operates on top of a blockchain-based cryptocurrency. It is intended to enable fast transactions amongst..
Ethereum functions like a distributed state machine instead of being a distributed ledger. Ethereum has this machine state in addition to all accounts and balances...
Clique is a cross-client proof-of-authority (PoA) consensus protocol. It shadows the design of Ethereum mainnet, so it can be added to any client with minimal effort...
Timothy C. May, better known as Tim May was an American technical, political writer, electronic engineer and senior scientist at Intel. He coined the term Cryptoanarchy..
Soft fork occurs when changes to Blockchain protocols are backward compatible and users only need to upgrade their software. Its pretty much like upgrading...
Orphan blocks, often referred to as stale blocks, are blocks that are not accepted into the blockchain network due to a time lag in the acceptance of such block into the blockchain...
Merkle tree, also known as Hash tree, is a data structure that securely and efficiently encrypts large amounts of data. It is represented as a tree of hashes, in which every leaf...
Also known as hardware wallet, it is a cryptocurrency wallet which stores the user’s private keys in a secure hardware device like drives or USBs. They facilitate..
The term Gas Limit refers to the maximum price a cryptocurrency user is willing to pay while sending a transaction, or performing a smart contract...
Cross Industry Standard Process for Data Mining (CRISP-DM) refers to the standards used by Data mining experts while dealing with data across organisations, systems and platforms...
Genesis Block is the name of the first block of blockchain ever mined. The Genesis Block forms the foundation of entire blockchain transaction system and is the prototype for all other...
Fast sync helps synchronization at a node level by avoiding download of entire blockchain and processing one link at a time. It helps in faster syncing with the chain by...
Cryptocurrency mining is the process in which transactions between users are verified and added to the blockchain public ledger. The process of mining is...
Liquidity mining (or yield farming) is a key feature of DeFi that allows people to deposit (or “stake”) one cryptocurrency or token on a Decentralized Exchange...
Hashing means taking an input string of any length, data or information and giving out an output of a fixed length. In the context of cryptocurrencies like bitcoin...
A faucet in cryptocurrency world is a website that either gives out small amounts of native cryptocurrency in exchange for users completing certain small tasks...
Mainnet is the term used to describe when a blockchain protocol is fully developed and deployed as a live network unlike Testnet. Mainnet has cryptocurrency transactions...
Created in 2015 by David Sonstebo, Dominik Schiener, Sergey Ivancheglo, and Serguei Popov, IOTA is an open-source distributed ledger and cryptocurrency designed...
PKI made its first appearance in 1990s to administer and manage encryption keys through digital certificates. These digital certificates confirm the identity of people...
The process of sharing Block with the network after it is mined is called Block Propagation. It involves an information sharing process where one miner sends the Block to peers...