Ether is the native cryptocurrency of the Ethereum network, which is a decentralized platform that enables smart contracts and decentralized applications (DApps) to be built and operated without any downtime, fraud, control, or interference from a third party. Ether serves as a fuel for the Ethereum network, allowing it to function and enabling transactions and […]
ERC20 is a technical standard for creating and implementing tokens on the Ethereum blockchain. It stands for Ethereum Request for Comment 20, and it defines a set of rules and guidelines that Ethereum-based tokens should follow to ensure compatibility and interoperability with other tokens and applications. ERC20 tokens are fungible, meaning that each token […]
EOSIO is a blockchain protocol that aims to provide a platform for decentralized applications (dApps) and smart contracts. It was developed by the company Block.one and was launched in 2018. EOSIO is designed to be highly scalable, flexible, and user-friendly, with the goal of enabling developers to create and deploy high-performance dApps. One of […]
EOS is a blockchain platform and cryptocurrency that aims to provide a scalable and user-friendly infrastructure for decentralized applications (DApps). It was created by Block.one, a company founded by Dan Larimer, who is also known for his involvement in other blockchain projects like BitShares and Steem. EOS.IO, the software protocol on which EOS is […]
Encryption is the process of converting plain, readable data into an encoded form that can only be accessed or understood by authorized individuals. It is a crucial security technique used to protect sensitive information from unauthorized access, interception, or tampering. The main purpose of encryption is to ensure confidentiality and privacy of data. By […]
Elliptic Curve Cryptography (ECC) is a type of public-key cryptography that is based on the mathematics of elliptic curves. It is a modern and widely used encryption method that provides strong security with relatively small key sizes compared to other encryption algorithms. In ECC, encryption and decryption operations are performed using elliptic curves over […]
ECDSA (Elliptic Curve Digital Signature Algorithm) is a cryptographic algorithm used for digital signatures. It is based on the mathematical properties of elliptic curves and is widely used in secure communication protocols, such as SSL/TLS, and in cryptocurrencies like Bitcoin and Ethereum. Here is a more detailed explanation of how ECDSA works: Key […]
DYOR stands for “Do Your Own Research.” It is a principle that encourages individuals to conduct their own thorough research and analysis before making any decisions or investments. DYOR is particularly relevant in the context of finance and investing. It emphasizes the importance of individuals taking responsibility for their own decision-making process and not […]
A dust transaction refers to a very small or insignificant amount of cryptocurrency that is involved in a transaction. It typically involves sending or receiving a tiny fraction of a cryptocurrency unit, such as a fraction of a Bitcoin or a fraction of an Ethereum. Dust transactions are often the result of the accumulation […]
In financial markets, the term “dump” is commonly used to describe a rapid and significant decline in the price or value of an asset or security. It refers to a situation where there is a sudden and substantial sell-off, resulting in a sharp drop in prices. Dumping can occur in various financial markets, including […]