Definitions

Information about cryptocurrency forks, blockchain, ERC-20, segregated witness, DDoS-attacks, ICOs

What is a Hard fork/Soft fork in cryptocurrency?
A “fork,” in programming terms, is an open-source code modification. Usually, the forked code is similar to the original, but with important modifications, ...
Wed, 20 Feb, 2019 at 1:43 PM
What is an ICO cryptocurrency?
An Initial Coin Offering, also commonly referred to as an ICO, is a fundraising mechanism in which new projects sell their underlying crypto tokens in excha...
Wed, 20 Feb, 2019 at 1:52 PM
What is smart contract in blockchain?
A Smart Contract - is a computer code running on top of a blockchain containing a set of rules under which the parties to that smart contract agree to inter...
Wed, 20 Feb, 2019 at 1:52 PM
What does а DDoS-attack mean?
A distributed denial-of-service (DDoS) attack - is an attack in which multiple compromised computer systems attack a target, such as a server, website or ot...
Wed, 20 Feb, 2019 at 1:53 PM
What is a Parity check?
Parity - is a technique that checks whether data has been lost or written over when it is moved from one place in storage to another or when it is transmitt...
Wed, 20 Feb, 2019 at 1:53 PM
Crypto-maintenance
For the exchange to handle deposits and withdrawals effectively, the platform must run an instance of the coin's daemon continuously and have it connect...
Wed, 29 Mar, 2023 at 8:14 PM
Segregated Witness
Segwit (short for Segregated Witness) - is a protocol upgrade that changes the way data is stored. It was activated on Litecoin on May 10, 2017, and on Bitc...
Wed, 20 Feb, 2019 at 1:53 PM
What is ERC-20?
ERC-20 - is a technical standard used for smart contracts on the Ethereum blockchain for implementing tokens. ERC stands for Ethereum Request for Comment, a...
Wed, 20 Feb, 2019 at 1:54 PM
Daemon program
Daemon -  is a computer program that runs as a background process, rather than being under the direct control of an interactive user. Traditionally, the pro...
Wed, 20 Feb, 2019 at 1:54 PM
What is a node in blockchain?
Node (definition) - are devices or data points on a larger network or a basic unit used in computer science Devices such as a personal computer, cell phone,...
Wed, 20 Feb, 2019 at 1:54 PM