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Difficulty

Posted in July 5, 2023 by

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Level of computing power necessary to discover the subsequent block, with its value progressively rising as time passes on the blockchain.

Digital Asset Array

Posted in July 5, 2023 by

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Digital Asset Array (DAA), also known as a collection or portfolio. Refers to an assortment of diverse cryptocurrencies, for instance, a Digital Asset Array may consist of BTC, ETH, and DASH.

Delegated Byzantine Fault Tolerance

Posted in July 5, 2023 by

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Delegated Byzantine Fault Tolerance (dBFT) is a consensus mechanism where professional nodes broadcast a blockchain version. If two-thirds or more of the nodes reach a consensus, the corresponding block is written onto the chain.

Digital Asset

Posted in July 5, 2023 by

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Valuable non-physical entity, such as a document, audio file, or logo, that can be owned and controlled by individuals or entities.

Double Spend

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Notorious issue of spending cryptocurrency multiple times, which is prevented through mechanisms such as miners and transaction finality to maintain the integrity of transactions.

Desktop Wallet

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Software that enables users to store cryptocurrency directly on their personal computer.

Distributed Network

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Utilizes nodes situated across diverse locations to achieve a decentralized structure.

Dice

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Gambling game where players bet on whether the outcome of random number generation will be over or under a certain value, commonly played using cryptocurrencies.

dApps

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Short for Distributed Apps, are applications that operate without centralized control.

Darknet

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Specialized network accessible through software like TOR, where websites are highly resistant to shutdown and have been early adopters of cryptocurrencies for transactions.