Merkle Tree
Riccardo Dondi
Merkle Trees are essential in blockchain technology, enabling secure, efficient, and scalable data verification crucial for cryptocurrencies like Bitcoin and Ethereum.
Cryptocurrency
Masternode
A masternode is a server in a decentralized network that performs advanced functions like instant transactions, privacy enhancements, and governance participation.
Market Capitalization
Market capitalization in cryptocurrency measures the total value of a digital asset, calculated by multiplying its current price by its circulating supply.
Market Cap
Market cap is a crucial metric in cryptocurrency, representing the total value by multiplying the current price with the circulating supply, aiding investment decisions.
Mainnet
A mainnet is the primary blockchain network for cryptocurrencies, handling real transactions, ensuring security, and supporting smart contracts.
Liquidity Provider
A liquidity provider supplies assets to a trading platform to facilitate transactions, ensuring market efficiency and earning rewards while facing risks like impermanent loss.
Liquidity Pool
Liquidity pools, essential in DeFi, enable decentralized trading by providing liquidity through smart contracts, rewarding contributors, and reducing slippage.
Liquidity Mining
Liquidity mining in DeFi involves users providing liquidity to DEXs, earning rewards. Benefits include passive income, but risks like impermanent loss exist.
Light Nodes
Light nodes are efficient blockchain components that enhance accessibility and decentralization by requiring less storage and computational power than full nodes.
Ledger
A ledger in cryptocurrency is a decentralized, digital record-keeping system ensuring transparency, accuracy, and immutability of all transactions on the network.