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Ethereum Improvement proposals or simply, EIPs pertain to the standards for the Ethereum platform. This includes the specifications of the cryptocurrency’s core protocol, the client APIs, and the standards of a contract. The document details…

DeFi, a portmanteau of “Decentralized Finance”, refers to the creation of an ecosystem of financial tools that are built in on a blockchain.  DeFi is a form of a peer-to-peer finance that is experimental, with…

The process of decryption pertains to converting of encrypted data into its former state. Basically, it is the reverse process of encryption. What happens within the process is that the encrypted information is decoded in…

As the word strongly suggests, “Chargeback” pertains to a return of money to a payer of a specific transaction, especially with transactions done with a credit card. This is basically a demand lodged by a…

In the context of the Bitcoin network, the term “change” pertains to the client’s generation of new Bitcoin address and the sending of the difference back to the address. This happens once the coin value…

Bitcoin Core pertains to the leading implementation of the software that gives the users the capability of interacting with the Bitcoin network.  Bitcoin Core is not owned, in any way, by any single business entity…

The Bitcoin Improvement Proposal or simply, BIP, pertains to the technical design document that provides data to the Bitcoin community. The information that the community receives details new proposed features, possible processes, or new environments…

The term, “Altcoin” came into being in light of the launch of the cryptocurrency, Bitcoin. Altcoin, which is portmanteau of the terms, “alternative” and “coin”, had become the term for the other cryptocurrencies that came…

The term Alpha pertains to the first look at a product launched by a team. This consists of the initial version of an otherwise primitive, basic software or product.  This type of release is a…