DApps (Decentralized Applications)
Riccardo Dondi
Decentralized Applications (DApps) are blockchain-based software offering enhanced security, transparency, and autonomy by eliminating centralized control.
Riccardo Dondi
DAI
DAI is a decentralized stablecoin cryptocurrency pegged to the US Dollar, crucial in DeFi for its stability, transparency, and use in trading, lending, and payments.
Custodial Wallet
A custodial wallet is a type of cryptocurrency wallet where a third party holds and manages the private keys on behalf of the user.
Cryptography
Cryptography secures and validates transactions in cryptocurrency, ensuring data security, transaction verification, and user privacy within blockchain technology.
Cryptographic Hash Function
Cryptographic hash functions ensure transaction security and integrity in cryptocurrency, underpinning blockchain technologies with unique, deterministic, and collision-resistant hashes.
Cryptocurrency
Cryptocurrency is a digital currency utilizing cryptography and blockchain for security, offering decentralization, transparency, and lower transaction costs.
Cross-Chain Compatibility
Cross-chain compatibility in cryptocurrency enables different blockchain networks to interact seamlessly, enhancing interoperability and fostering innovation.
Cross-Chain
Cross-chain technology enables seamless value and information transfer across distinct blockchain networks, enhancing interoperability, scalability, and flexibility.
Consensus Mechanism
A consensus mechanism is a process in blockchain networks that ensures all nodes agree on the same version of the blockchain, maintaining security and accuracy.
Consensus Algorithm
Consensus algorithms ensure the accuracy, security, and decentralization of blockchain transactions, with types like Proof of Work and Proof of Stake.