Academy Proof of Work (PoW). Proof of Work is a consensus mechanism used to secure a blockchain network by requiring participants, called miners, to solve complex mathematical problems.
Academy What is a Node? A node is a computer that is connected to a particular blockchain network. Nodes are responsible for maintaining the network and verifying transactions.
Academy Layer 0, 1, and 2 in Crypto. Layer 0, 1, and 2 are terms used in the world of cryptocurrency to describe different levels of technology and infrastructure that underpin the blockchain ecosystem.
Academy Distributed ledger technology (DLT). Distributed ledger technology (DLT) is a decentralized system that allows for secure, transparent, and tamper-proof recording of data.
Academy Ethereum (ETH). Ethereum is a decentralized blockchain platform that enables developers to build and run decentralized applications, known as dApps, without any central authority.
Academy The Ethereum Virtual Machine (EVM). The Ethereum Virtual Machine (EVM) is a key component of the Ethereum blockchain.
Academy What is ERC-20? The ERC-20 standard is a technical standard used for the implementation of smart contracts on the Ethereum blockchain.
Academy Cardano (ADA). Cardano is a third-generation blockchain platform that aims to offer a more secure, sustainable, and scalable ecosystem for decentralized applications and smart contracts.
Academy What is Cloud Mining? Cloud mining is a process of mining cryptocurrency using remote data centers with shared processing power.
Academy What is Proof of Burn? Proof of burn is a consensus mechanism used in some blockchain networks as an alternative to proof-of-work and proof-of-stake.
Academy Proof of Stake (PoS). Proof of Stake (PoS) is a consensus algorithm used in blockchain technology to validate transactions and add new blocks to the blockchain.
Academy What is a Whitelist in Crypto? A whitelist is a list of approved addresses or entities that are allowed to participate in a particular token sale, initial coin offering (ICO), or other blockchain-based project.