TradFi, short for Traditional Finance, refers to the traditional financial system where financial transactions and services are conducted through traditional intermediaries and institutions. TradFi represents an approach that utilizes traditional financial instruments and methods to carry out financial transactions. This approach is supported by traditional financial institutions such as banks, insurance companies, brokerage firms, […]
“Total Supply” refers to the total number of units or tokens of a particular cryptocurrency or asset that exist or will ever exist. It represents the maximum supply or quantity of a specific asset that can be created or circulated. The concept of Total Supply is particularly relevant in the world of cryptocurrencies, where […]
The Flippening is a term used in the cryptocurrency world to describe a hypothetical event where Ethereum (ETH) surpasses Bitcoin (BTC) in terms of market capitalization or other metrics, establishing itself as the dominant cryptocurrency. Bitcoin is the most well-known and widely adopted cryptocurrency, with the highest market capitalization. However, Ethereum has gained significant […]
A stablecoin is a type of digital asset used in the cryptocurrency market. As the name suggests, the primary purpose of stablecoins is to maintain their value stability. This is typically achieved by being backed by a fiat currency (such as the US Dollar or Euro) or another asset (like gold). The price of […]
Solidity is a high-level programming language specifically designed for writing smart contracts on the Ethereum platform. Smart contracts are self-executing contracts with the terms of the agreement directly written into code. They automatically execute and enforce the terms of the agreement, eliminating the need for intermediaries and providing transparency and security. Solidity is statically […]
A soft fork is a process of updating or changing the blockchain protocol in a way that remains backward compatible. In other words, it allows the existing blockchain protocol to be modified in a way that can still be understood and accepted by older nodes and software. A soft fork makes a change to […]
In the context of fundraising for a project or venture, a soft cap refers to the minimum amount of funds that need to be raised in order for the project to proceed. It represents the lower limit of the financial target set by the project team. The soft cap is typically established during initial […]
A sidechain is a term used in blockchain technology. A blockchain is a database composed of a series of interconnected and cryptographically secured blocks. A sidechain, on the other hand, is a secondary blockchain that is connected to the main blockchain and has different features or functions. A sidechain is an independent blockchain that […]
A shitcoin is a term used to describe a cryptocurrency that is considered to have little to no value or potential. It is often used as a derogatory term to refer to cryptocurrencies that are seen as scams, pump-and-dump schemes, or simply low-quality projects. Shitcoins typically lack a solid technological foundation, viable use case, […]
SHA (Secure Hash Algorithm) is a family of cryptographic hash functions that are widely used to ensure data integrity and security. A hash function is a mathematical algorithm that takes an input (message, file, password, etc.) and produces a fixed-size unique output, known as a hash value or digest. SHA was developed by the […]