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What is Lightning Network in Cryptocurrency ?

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..

193 Technology

What is EVM (Ethereum Virtual Machine) ?

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...

187 Technology

What is Clique in Blockchain ?

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...

183 Technology

Who is Timothy May ?

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..

182 Technology

What is Soft Fork in Blockchain ?

Soft fork occurs when changes to Blockchain protocols are backward compatible and users only need to upgrade their software. Its pretty much like upgrading...

192 Technology

What is Orphan Block in Blockchain ?

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...

190 Technology

What is Merkle Tree ?

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...

199 Technology

What is Hard Wallet in Cryptocurrency ?

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..

189 Technology

What is Gas Limit in Cryptocurrency ?

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...

184 Technology

What is CRISP-DM in Blockchain ?

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...

261 Technology

What is Genesis Block in Blockchain ?

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...

190 Technology

What is Fast Sync in Blockchain ?

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...

191 Technology

What is Cryptocurrency Mining ?

Cryptocurrency mining is the process in which transactions between users are verified and added to the blockchain public ledger. The process of mining is...

200 Technology

What is Liquidity Mining in Cryptocurrency ?

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...

197 Technology

What is Hashing in Cryptocurrencies ?

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...

187 Technology

What is Faucet in Cryptocurrency World ?

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...

178 Technology

What is Main Net in Cryptocurrency ?

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...

181 Technology

What is IOTA in Cryptocurrency ?

Created in 2015 by David Sonstebo, Dominik Schiener, Sergey Ivancheglo, and Serguei Popov, IOTA is an open-source distributed ledger and cryptocurrency designed...

196 Technology

What is PKI (Public Key Infrastructure) ?

PKI made its first appearance in 1990s to administer and manage encryption keys through digital certificates. These digital certificates confirm the identity of people...

194 Technology

What is Block Propagation ?

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...

194 Technology

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