Search Results for: ethereum

Blockchain Trilemma

It is addressed to the set of three issues that torments blockchain viz., decentralization, scalability and security that the developers face when building the blockchains. This forces them to sacrifice one aspect as a trade off to accommodate the remaining two. This concept had been coined by Vitalik Buterin, the …

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Beacon Chain

It is a blockchain that coordinates the shard chains and manages staking and the validators’ registry in a PoS cryptocurrency like the Ethereum 2.0. The Beacon Chain went live on the 1st of December, 2020 at 12 noon UTC. Read More.

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Block Explorer

It is an application that enables a user to view the details of blocks on a given blockchain. It is also known as the blockchain browser. The block explorers connect directly to a specific blockchain like Bitcoin or Ethereum. The block explorers are a key part of the cryptocurrency’s mission …

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Byzantium Fork

It was a hard fork that was geared towards making smart contracts of Ethereum suitable for the usage in the commercial space and to raise the speed of the transactions bearing an enhancement in the security on its blockchain. It was the fifth and the most significant upgrade to Ethereum’s …

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Crypto Debit Card

It is a type of debit card that permits its holders to pay for the goods and services making use of the cryptocurrencies such as Bitcoin (BTC), Litecoin (LTC) and Ethereum (ETH). Most of the crypto debit cards that currently exist are powered by the MasterCard and Visa enabling global …

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DAICO

Decentralized Autonomous Initial Coin Offerings (DAICO) is a method for the decentralized funding of projects that introduces a form of governance in the ICO process permitting the backers to vote for the return of their funds in case specific conditions are met. Vitalik Buterin, the creator of Ethereum (ETH) had …

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Pair

It is the trade between one cryptocurrency and another. It is the combination of two cryptocurrencies that facilitates trading on the digital currency exchanges. A dash (—) or a slash (/) usually represents a pair by separating the two tokens. For instance, BTC/ETH or BTC—ETH indicates a pair between Bitcoin …

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