Trading Fee
Trading fee is a commission charged by a cryptocurrency exchange for the purchase or sale of cryptocurrencies. Trading fees are typically expressed as a percentage of the transaction…
Transaction Fee
Transaction fee is the amount of a specific cryptocurrency that users pay to facilitate and prioritize their transactions on a blockchain network. Unlike trading fees charged by cryptocurrency exchanges, transaction fees are usually paid…
Cryptocurrency
Cryptocurrency (or crypto) is a digital asset designed to work as a medium of exchange using cryptography to secure transactions, control the creation of additional…
Staking
Staking refers to participating in the operations of a proof-of-stake (PoS) or delegated proof-of-stake (DPoS) blockchain by locking up a certain amount of cryptocurrency as collateral. Participants, known as validators or stakers, can earn additional crypto rewards…
Block
Block is a unit of data in the blockchain that contains a list of transactions, among other information, including a timestamp that marks the time of its creation….
Validator
A validator is a participant in the network responsible for verifying and validating new transactions and blocks. Validators play a pivotal role in preventing fraudulent activities, double-spending, and ensuring…
Proof of Liquidity (PoL)
Proof of Liquidity (PoL) is an idea to utilize the Balancer pool to create a direct and positive relationship between staking and liquidity. It is in the nature of…
Proof of Authority (PoA)
Proof of Authority (PoA) is a consensus system that allows only authorized entities to validate transactions in a blockchain network. PoA is an alternative consensus mechanism, that relies on…
Delegated Proof of Stake (DPoS)
Delegated Proof of Stake (DPoS) is a consensus mechanism that represents a modification of the traditional Proof of Stake (PoS) system. DPoS builds upon PoS by enabling network users to participate in…
Proof of History (PoH)
Proof-of-History (PoH) is a consensus mechanism that uses a cryptographic algorithm to verify the passage of time in a blockchain network. A blockchain with a Proof-of-History (PoH) protocol employs a…