Cryptocurrency
Hardware Wallet
Hardware Wallet
A hardware wallet is a physical device designed to securely store and manage cryptocurrencies. It is considered one of the safest ways to store digital assets because it keeps the private keys offline, protecting them from potential online threats such as hacking or malware attacks. Here are some key details about hardware wallets: […]
Hard Fork
A Hard Fork is a term that refers to a significant change in the software protocol of a blockchain network that disrupts backward compatibility. This change alters the rules governing the blockchain’s history and can impact the validity of existing blocks and transactions. A Hard Fork involves a major modification or update to the […]
Hard Cap
In the context of cryptocurrency and token sales, a Hard Cap refers to the maximum amount of funds or tokens that a project aims to raise during an Initial Coin Offering (ICO) or token sale event. During an ICO, a project or startup offers their own cryptocurrency tokens in exchange for investment or contribution […]
Halving
Halving is a term used in the context of cryptocurrencies, particularly in reference to the mechanism that controls the supply of Bitcoin. It is designed to limit the supply of Bitcoin and keep inflation in check. The supply of Bitcoin is generated through a process called mining. Miners solve complex mathematical problems to secure […]
GWei
Gwei is a unit of measurement used in the Ethereum blockchain to represent the cost or value of gas, which is the unit used to measure computational effort and transaction fees on the network. Ethereum is a decentralized blockchain platform that enables the creation and execution of smart contracts and decentralized applications (DApps). Gas […]
GPU Mining
GPU mining, also known as graphics card mining, is the process of using graphics processing units (GPUs) to mine cryptocurrencies. Cryptocurrency mining involves validating transactions and adding them to the blockchain, which requires solving complex mathematical problems. GPUs are powerful processors that are capable of performing multiple calculations simultaneously, making them ideal for mining cryptocurrencies. […]
Genesis Block
The Genesis Block is the very first block in a blockchain network. It serves as the foundation and starting point of the entire blockchain system. The Genesis Block is unique because it does not reference any previous block since there are no prior blocks in the chain. Here are some key characteristics and details […]
Gas Price
Gas Price is the amount of Ether (ETH) that users need to pay for each unit of gas consumed in Ethereum transactions. It represents the fee users pay to miners to include their transactions in the blockchain. Gas Price is determined by the users themselves and is used to calculate the transaction fee along […]
Gas Limit
In Ethereum, Gas Limit is a parameter that determines the maximum amount of gas that can be spent on a transaction. When a transaction is executed, the gas limit set by the user determines how much gas can be consumed, indicating how complex or resource-intensive the transaction is. Gas Limit specifies the amount of […]
Gas
In the context of Ethereum, “gas” refers to the unit of measurement for the computational effort required to execute transactions or perform operations on the Ethereum blockchain. It represents the cost of running computations, storing data, and executing smart contracts. Gas is used to allocate resources on the Ethereum network and prevent abuse or […]
