Decentralized Application (dApp)
A Decentralized Application (dApp) is a software application that runs on a blockchain or peer-to-peer network instead of centralized servers. dApps are open-source, resistant to…
Proof-of-Work (PoW)
Altcoin
An altcoin is any cryptocurrency other than Bitcoin. The term is short for “alternative coin.” These coins were created to improve upon or offer alternatives…
Non-Fungible Token (NFT)
A Non-Fungible Token (NFT) is a unique digital asset that represents ownership of a specific item or piece of content, using blockchain technology. Unlike cryptocurrencies…
Trading Fee
A trading fee is a cost charged by brokers, exchanges, or trading platforms when you buy or sell financial assets like stocks, cryptocurrencies, forex, or derivatives. These…
Cryptocurrency
Cryptocurrency is a digital or virtual form of currency that uses cryptography for security and operates on decentralized networks based on blockchain technology. Unlike traditional currencies…
Validator
A cryptocurrency validator is a network participant responsible for verifying transactions and maintaining the blockchain’s integrity. Validators are crucial in consensus mechanisms like Proof-of-Stake (PoS) and its variants (e.g., Delegated…
Proof of Liquidity (PoL)
Proof of Liquidity (PoL) is a consensus mechanism or cryptographic verification method designed to ensure that a blockchain network or decentralized finance (DeFi) protocol has sufficient…
Proof of Authority (PoA)
Proof of Authority (PoA) is a consensus mechanism used in blockchain networks where validators are identified and approved by a central authority, rather than being selected…
Proof of History (PoH)
Proof of History (PoH) is a cryptographic consensus mechanism developed by Solana Labs to enhance blockchain scalability and efficiency. Unlike traditional consensus mechanisms like Proof of…
Proof-of-Stake (PoS)
Proof-of-Stake (PoS) is a consensus mechanism used in blockchain networks to validate transactions and secure the network. Unlike Proof-of-Work (PoW), which relies on computational power (mining), PoS…