Crypto Basics
What is a PWA application (Progressive Web Application) and what does it do?
A PWA application (Progressive Web Application) refers to a special kind of application that is created through the use of modern web technologies and that follows basic web standards. It is a web application that operates like a native app.Barry Stidham
Perpetual meaning (Perpetual Futures Contracts)
A futures contract is an agreement to buy or sell a commodity, currency, or another instrument at a predetermined price at a specified time in the future. This means that the trades are not settled instantly. Two parties will trade a contract that defines the settlement at a future date. Now, we will explore perpetual meaning in terms of trading.Martha Grizzard
Leverage trading crypto meaning: Leverage trading explained
Rookie investors in crypto may want to know leverage trading crypto meaning. As a start, we need to understand that leverage trading in crypto is a tool that enables investors to maximise profits through the borrowing of money from brokers. However, this action comes with a relatively high risk, as investors can potentially lose unprecedented amounts of money.Christopher Smith
DCA meaning crypto: what is Dollar-Cost Averaging?
DCA meaning crypto is “Dollar-Cost Averaging”. It is an easy way to mitigate some of the risks of entering a position. DCA is a method that caters specially to the newer traders who do not really have an idea on how to start investing.Martha Grizzard
Crypto whale meaning: what is a whale in crypto?
Crypto whale meaning is used to describe an individual or organisation that possesses a huge amount of a particular cryptocurrency. There is no exact cutoff threshold for this definition, but it is somewhat agreed upon that a Bitcoin whale should hold at least 1,000 BTC.Christopher Smith
Crypto Payments and how to pay with cryptocurrency
How to pay with cryptocurrency? Crypto payments are becoming more widely accepted by retailers, individuals, and businesses. While you can transfer funds manually, payment gateways provide a simpler way to accept crypto payments. This saves you from manually copying addresses and making mistakes. You can also use a crypto debit or credit card to make fiat payments with crypto you have in a linked account.Jerry McNeill
Crypto liquidity meaning: why is liquidity important in crypto?
Crypto liquidity meaning is the measure of how easily you can convert an asset into cash or another asset. Liquidity is therefore one of the most important factors when evaluating the health of a market. An illiquid market will lead to increased difficulty in executing trades and securing profits.Wayne Ingram
Crypto airdrop meaning: a crypto marketing strategy
Crypto airdrop meaning is a marketing strategy adopted by crypto startups to promote the project and their token. This usually involves distributing their native cryptocurrency to current or potential users for free. Its goal is to raise awareness and popularity for new projects. While some crypto airdrops are just given out for free, some require clients to perform certain tasks before claiming.Cornell Rachel
Circulating supply meaning: what is circulating supply in crypto?
Circulating supply meaning refers to the number of cryptocurrency coins or tokens that are publicly available and circulating in the market.Christopher Smith
BEP20 meaning: BEP20 and its uses
BEP20 meaning is a token standard on Binance Smart Chain that extends ERC-20, the most common Ethereum token standard.Sherry Cantwell
What’s BEP2: A Binance Chain Token
What’s BEP2? BEP2 stands for Binance Chain Evolution Proposal2. Similar to the ERC-20 standard in Ethereum, BEP2 is a technical standard for the issuance and implementation on the Binance Chain. This standard basically defines the rules that tokens should follow in the Binance Chain blockchain.James Dean
What is WaltonChain?
WaltonChain aims at building a blockchain infrastructure that leverages radio-frequency identification (“RFID”) technology to facilitate the development of Internet of Things. It aims to incorporate physical assets into the blockchain automatically.Hallie Gill
What is volatility crypto meaning?
In finance, volatility describes how quickly and how much the price of an asset changes. It is usually calculated in terms of standard deviations in the annual return of an asset over a set period of time. Likewise, volatility crypto meaning refers to how rapidly a crypto asset changes. Volatility is therefore used as an effective measure of the investment risk associated with the asset.Wayne Ingram
What is TXID meaning (Transaction ID)?
TXID meaning is “transaction ID”, which is the unique string of characters given to every transaction that is verified and added to the blockchain. Thus, every TXID is unique, and is essentially an identification number that labels each transaction in the blockchain.Christopher Smith
What is Turing Complete meaning?
Turing Complete meaning refers to a machine that, given enough time and memory along with the necessary instructions, can solve any computational problem, no matter how complex. The term is normally used to describe modern programming languages as most of them are Turing Complete (C++, Python, JavaScript, etc.).Craig Green
What is Trustless meaning?
Trustless meaning is that the participants in that system do not need to know or trust each other for the system to function. In such a system, there is no single entity that has authority over the system, and consensus is achieved without participants having to know or trust anything about the system.Barry Stidham
What is tokens meaning in blockchain?
Tokens meaning is non-mineable digital units of value that exist as registry entries in blockchains. They come in many different forms – they can be used as currencies for specific ecosystems or encode unique data. Furthermore, some serve purposes as stores of values redeemable for other off-chain assets.Sherry Cantwell
What is DeFi meaning (Decentralized Finance)
DeFi meaning stands for “decentralized finance” and refers to the ecosystem of financial applications that are being developed based on blockchain systems.Cornell Rachel
What is the Oasis Protocol and what does it do?
The Oasis Protocol is a decentralized blockchain network built by Oasis Labs. Its main aim is to enable secure and private data-sharing and control. It is a scalable layer-1 blockchain network.Hallie Gill
What is ICO crypto meaning and how does it work?
ICO crypto meaning is Initial Coin Offering. It is an innovative approach for raising funds through the use of digital currencies (cryptocurrencies). Such a strategy is more common in cryptocurrency projects that are yet to fully develop their blockchain-based product, service, or platform. The funds collected on ICO events are normally received as Bitcoin (BTC) or Ether (ETH), but in some cases, fiat currency may also be taken as payment.Jerry McNeill
