CeFi or centralized finance refers to a structured service for controlling all orders through one central exchange without any competing parties. CeFi basically aims at ensuring fair trades, improving buying and selling processes alongside boosting additional transactions. READ MORE
Coin in terms of blockchain is basically a representation of digital asset value generated through personal, independent blockchain.
Corda is basically an open-source blockchain project tailored for business functions. It helps in developing interoperable blockchain networks with formidable indications for conducting transactions in complete privacy. Corda features smart contract technology for enabling businesses to complete direct transactions with better value. READ MORE
Interpreted as the combination of CeFi and DeFi, CeDeFi is a hybrid centralized decentralized system. It is basically a new approach that aims to use the best of DeFi and CeFi for modernizing conventional financial management. The world’s leading crypto exchange platform, Binance, has started the DeCeFi movement with their Binance Smart Chain. READ MORE
Client in the world of blockchain refers to software with the capabilities for accessing a blockchain through a local computer. A client would generally feature a cryptocurrency software wallet and support in processing transactions.
In most specific terms, money in any form, when used in circulation as a medium of exchange is known as currency. Every country has its own currency, like the US dollar is the currency of the USA.
Consensus is an important process in the blockchain industry that is essential for helping different sections of a network in determining a single source of truth. Blockchain networks depend on consensus algorithms for reaching an agreement in terms of the blogs eligible for addition to the chain and the validity of nodes. READ MORE
Central Bank Digital Currency (CBDC)
CBDC refers to the proposals that involve digital currency, issued by a central bank. Although the term is not well-defined, it represents a new form of central bank money. READ MORE
Certificate Authority (CA)
Certificate Authority or CA refers to a centralised authority that helps in correlating identities with a public-private key pair in private key infrastructures.
The closed source software points out proprietary software featuring source code that is not accessible to the public. Users can access the compiled binaries in the form of an executable program. However, the binaries are not human-readable, and users other than the original software developer cannot access them for modifications.
Coinbase is a US-based cryptocurrency brokerage platform, which is the largest exchange in terms of transaction volume and customer base. In comparison to other exchanges, Coinbase features a small count of cryptocurrency offerings. It provides only a specific few dozen tradable cryptocurrencies out of all the available options in the ecosystem.
Coinbase, in the context of mining, is associated directly with a block. The coinbase of a block points out to the address where block rewards are delivered.
The cold wallet or cold storage in blockchain points out to an offline wallet that is not connected to the internet ever. The cold wallets are helpful in safeguarding cryptocurrencies from online hacking attacks.
Command-Line Interface (CLI)
CLI or Command-Line Interface is a text-based user interface that can offer the core functionalities alongside access to system resources in a better way than GUIs. However, CLI generally lacks the benefits of usability. Therefore, CLI is more suitable for developers in comparison to the average users.
Confirmation in the world of blockchain refers to the process of determining the extent of the immutability of the information in a blockchain. In some cases, confirmations refer to the number of nodes accepted in a transaction, the number of transactions referencing the confirmation, or the number of blocks prior to it. A general transaction in Bitcoin features five confirmations upon producing five blocks after the block containing a specific transaction.
Consortium refers to the private blockchain network operated by a company or a group of agencies. Consortium chains generally management information that is not fit for public release albeit needs to be communicated immutably between two concerned parties. READ MORE
Cryptocurrency refers to currencies that are digitally distributed and traded with establishing proof of ownership through cryptographic methods. For instance, it is not possible to transfer Ether from an account without any control over the private key related to the concerned account. READ MORE
Cryptography is the technique of combining mathematical and logical problem-solving skills for encryption or decryption of encoded messages. Computer cryptography depends considerably on mathematical proofs alongside the difficulty of computation for certain mathematical problems.