What are Smart Contracts? Smart contracts are self-executing contracts whose terms are directly written into a blockchain’s code. Once both parties’ terms of agreement…
Cryptocurrency Terms
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GAS (ETH) Definition
Last updated: April 9, 2018, 9:59 am Cryptocurrency Education | Cryptocurrency Terms | Ethereum (ETH)What is Gas on the Ethereum Network? “Gas” on the Ethereum network can refer to two things. Gas Limit The maximum amount of units…
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GAS (NEO) Definition
Last updated: April 9, 2018, 10:08 am Cryptocurrency Education | Cryptocurrency Terms | NEO (antshares)What is Gas on the Neo Platform? GAS tokens are the monetary incentive for bookkeepers to keep the blockchain up to date. The Neo…
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Decentralized Application Definition
Last updated: May 29, 2018, 10:59 am Cryptocurrency Education | Cryptocurrency TermsWhat is dApp? A decentralized app (dApp) is a software program that uses the power of blockchain technology, and oftentimes smart contracts, to achieve…
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Blockchain Confirmations Definition
Last updated: March 7, 2018, 9:04 am Cryptocurrency Education | Cryptocurrency TermsWhat are Blockchain Confirmations? Blockchain Confirmations are additional blocks that are added to the blockchain after the transaction in question. The transaction that is…
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Atomic Swaps Definition
Last updated: March 7, 2018, 9:04 am Cryptocurrency Education | Cryptocurrency TermsAtomic Swaps An atomic swap is the exchange of one cryptocurrency for another cryptocurrency without the requirement of a trusted third party. Atomic swaps…
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Segwit2x Definition
Last updated: April 9, 2018, 10:08 am Bitcoin (BTC) | Cryptocurrency Education | Cryptocurrency TermsWhat is SegWit2x? SegWit2x is the second half of the New York Agreement to increase Bitcoin’s block size. It is a combination of the…
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Privacy Coins Definition
Last updated: April 9, 2018, 10:06 am Cryptocurrency Education | Cryptocurrency TermsWhat are Privacy Coins? Privacy coins are cryptocurrencies that allow users to make direct transactions in a private manner. They are not observable, traceable,…
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Decentralized Protocols Definition
Last updated: December 13, 2018, 10:26 am Cryptocurrency TermsWhat are Decentralized Protocols? A decentralized protocol is a protocol where client and host nodes combine to create a general network. Both the client…
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BIP 91 (BTC) Definition
Last updated: December 13, 2018, 10:26 am Bitcoin (BTC) | Cryptocurrency TermsWhat is BIP 91? BIP91 is a Bitcoin Improvement Protocol set forth by James Hilliard. It comprises part one of the SegWit2x Bitcoin scaling…