The most comprehensive crypto glossary for Advanced level
The most comprehensive crypto glossary out there.
Ethash
A proof-of-work algorithm used to mine Ethereum and ETH-based cryptocurrencies. Ethash, a method for proof of work (PoW) mining used by Ethereum, is the foundation for the whole protocol.
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Level: Advanced
ERC-948
Ethereum token protocol specifically designed for subscription-based transactions.
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Level: Advanced
ERC-918
Mineable token, inspired by 0xBTC.
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Level: Advanced
ERC-884
Standard that makes it possible to create tradable ERC-20 tokens that are linked to the shares of a Delaware corporation.
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Level: Advanced
ERC-827
Standard ETH token that addresses the existing limitations of ERC 20 in particular when it comes to implementing calls in transfers and approvals.
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Level: Advanced
ERC-777
The ERC-20 tradeable token standard provides a new way for token contracts to be interacted with while being backward compatible.
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Level: Advanced
ERC-223
On the Ethereum blockchain, this is the standard allowing to transfer tokens securely to digital wallets using smart contracts.
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Level: Advanced
Polkadot
A decentralized, layer-0 blockchain network protocol, which allows independent, layer-1 blockchains to operate and transact with each other using Polkadot’s cross-chain interoperability. To establish such an intricate network, Polkadot employs a nominated proof of stake (NPoS) consensus methodology. DOT is the network’s native currency, which is used to pay for transactions and establish governance parameters in the Polkadot ecosystem.
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Level: Advanced
Plasma chain
An off-chain, Layer-2 scaling solution for the Ethereum network. In that sense, a plasma chain is a network of side chains that seek to increase the efficiency of the Ethereum network by taking the bulk of transactions out of the main chain and allocating them to smaller chains.
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Level: Advanced
Permissionless ledger
A system with no governing entity to detail when, how, or why it should be used. In a permissionless blockchain, there is no entity that regulates who can use the network and how it can be used.
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Level: Advanced
Erasure Encoding
Data is stored in multiple locations after it has been segmented, expanded, and encoded with redundant information. Erasure coding provides a safe storage solution. It is a form of data dispersal algorithm that helps to distribute data among multiple storage devices.
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Level: Advanced
Permissioned ledger
A type of blockchain with an access control layer, which allows only certain parties to join and transact in the network. In a permissioned ledger, tasks can be carried out only with pre-determined access, which make such blockchains very different from public blockchains like Bitcoin and Ethereum.
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Level: Advanced
Equihash
Mining algorithm used by ZCash, Horizen, Komodo, Pirate Chain, HUSH, Bitcoin Private, Commercium, and ZCoin.
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Level: Advanced
Epoch
In machine learning, an epoch is the complete execution of a data set through an algorithm. An epoch is a loop of the entire training dataset in an artificial neural network. In general, training a neural network takes a lot of time.
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Level: Advanced
Parachain
Layer-1 blockchains that operate on top of the Polkadot Network, which is a Layer-0 blockchain. Parachains are application-specific structures that run in tandem with each other and connect collectively to Polkadot’s Relay Chain.
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Level: Advanced