In cryptocurrency, the address refers to a unique identifier of letters, numbers, and special that present a code. This code is what people use to send crypto. 

Often used as a marketing ploy, an Airdrop deposits cryptocurrency tokens or coins into a users’ crypto wallet with the idea of driving awareness and understanding around it. Enhanced engagement can help drive up the value of any virtual currency and ultimately benefit the blockchain and its investors over time. 

The Atomic Swap is a peer-to-peer exchange platform. Rather than having to rely on any third party facilitation, it allows each party to deposit a set number of tokens into an exchange contract. Provided each partner accepts the transaction within a set period of time, the Atomic Swap is executed.

A consensus is a protocol on the blockchain network that attracts all nodes into a single data set to agree on the authenticity of transactions and the current state of the network. Once the consensus protocol is achieved, a transaction can be approved. It is a snapshot of the fundamental principles of decentralised finance (DeFi) […]

Cross-Chain is a term referring to two or more different blockchain platforms. Using the Cross-Chain Bridge innovation, holders can send different coins from one blockchain to another, solving the communication roadblocks that surround the isolationist nature of coins within their own wallets.

A Cross-Chain Bridge allows individuals to transfer assets from one blockchain to another seamlessly. It is a connection point – as its title suggests – and a messaging vehicle for blockchains to communicate with one another. Without it, the interoperability of cryptocurrency and other digital assets would be stuck in a slower and longer timescale […]

A term that describes a specific security protocol that helps protect information and communication. When employed correctly, it can prevent third parties or the public from accessing important information.

The term Decentralised Autonomous Organisation – sometimes referred to as DAO – is a member-owned governance system where the collective goal is to always act in the best interest of the entity. Votes are cast within the DAO on all required decisions, which reflects the bottom-up management approach of a DAO. 

DeFi 2.0 refers to the evolution of decentralised finance protoco;s that is driving innovation and improvement in the field. DeFi is short for Decentralised Finance, and the 2.0 version is promising more sustainable, scalable, and robust solutions, while addressing the shortcomings of DeFi 1.0 to foster a more resilient eco-system. 

Delegated Proof of Stake (DPoS) enhances efficiency through its consensus mechanism, which requires stakeholders to nominate delegates to validate transactions and produce new blocks. It negates the number of nodes and eliminates Proof-of-Work protocols that are hugely draining, requiring massive energy consumption. It also helps to maintain governance and accountability. Essentially, it’s a way to […]

The Distributed Ledger – also referred to as a DLT – is a term used to describe the platform that chronicles and shares transactions across multiple systems in a computer network. It is primarily used for creating contracts – or smart contracting – that complete automatically upon meeting certain conditions. 

Flashbots refers to an organisation responsible for research into diminishing the negative externalities of Maximal Extractable Value (MEV) techniques on blockchains, which can include network congestion, privacy loss, and increased transaction costs. It is currently used exclusively with Ethereum, though there are designs on expanding the use of flashbots into other bitcoins.