Light Nodes
Riccardo Dondi
Light nodes are efficient blockchain components that enhance accessibility and decentralization by requiring less storage and computational power than full nodes.
Blockchain Technology
Ledger
A ledger in cryptocurrency is a decentralized, digital record-keeping system ensuring transparency, accuracy, and immutability of all transactions on the network.
Layer-3
Layer-3 in cryptocurrency enhances functionality, interoperability, and user experience by building on Layer-1 and Layer-2, enabling advanced applications and cross-chain integration.
Layer 1
Layer 1 in cryptocurrency refers to the foundational blockchain architecture, essential for transaction validation, data storage, and consensus mechanisms.
IPFS (InterPlanetary File System)
IPFS is a peer-to-peer distributed file system enhancing data security, efficiency, and resilience in blockchain networks through decentralization and unique cryptographic hashes.
Interoperable Protocol
An interoperable protocol in cryptocurrency allows different blockchain networks to communicate and share data seamlessly, enhancing flexibility and efficiency.
Interoperability
Interoperability in cryptocurrency enables seamless communication and transactions between different blockchain networks, enhancing efficiency and fostering innovation.
Hyperledger
Hyperledger is an open-source project by the Linux Foundation, providing tools for enterprise blockchain solutions, including support for smart contracts and tokenization.
Hashing
Hashing is a fundamental concept in cryptocurrency, ensuring security and integrity by converting data into fixed-size strings, vital for transaction verification and block creation.
Hash
A hash in cryptocurrency is a fixed-length string generated by a hash function, serving as a unique identifier for data, crucial for transaction verification and security.