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Basic knowledge

Liquidity Providers

Liquidity providers are decentralized exchange users that deposit their cryptocurrency into liquidity pools. Liquidity pools are supplies of cryptocurrencies managed by decentralized exchanges to improve transaction efficiency. Exchanges compensate liquidity providers with transaction fees from activities that use a liquidity pool and distribute rewards according to how much currency a user has pooled. Liquidity providers’ funds are locked into the pool using smart contracts. Pools are permissionless, allowing anyone to contribute to the pool. Q: What is a Liquidity Provider? A: is a user who funds a liquidity pool with crypto assets that he or she owns to facilitate trading on the platform and earn passive income on her deposit. Knowledge provider:0xeddb693aaba0076ee0de3c822ae56d5c760e89b3 KNOW TO EARN is committed to building the world’s largest blockchain knowledge base and blockchain training academy. Through the interesting form of answering questions, more people can participate in the knowledge learning of the blockchain. You can see this knowledge now because there are a lot of people involved and contributing to the creation of blockchain knowledge. You can also be one of them and share up to 20% in bonuses. You dont need to spend any money, just use part of your spare time to participate in the creation of knowledge. Join our Telegram group to learn more. link: https://t.me/knowtoearn The content of Know to earn knowledge base is provided by users. If there is any infringement, please contact us to delete it as soon as possible. Original link:https://coinmarketcap.com/alexandria/glossary/liquidity-provider

2022-07-12 0comments 72hotness 0likes admin Read all
Basic knowledge

Liquidity Pool

A liquidity pool is a supply of a cryptocurrency that a decentralized exchange leverages to maintain its liquidity and asset prices. Conventionally, exchanges enact each crypto trade using peer-to-peer transactions. This sequential “order book” system can lead to price slippage. What’s more, a small, decentralized exchange with few users will have low liquidity due to a lack of peers. This renders trading unreliable. Q: What is Liquidy Pool? A: is a supply of a cryptocurrency that a decentralized exchange leverages to maintain its liquidity and asset prices. Knowledge provider:0xeddb693aaba0076ee0de3c822ae56d5c760e89b3 KNOW TO EARN is committed to building the world’s largest blockchain knowledge base and blockchain training academy. Through the interesting form of answering questions, more people can participate in the knowledge learning of the blockchain. You can see this knowledge now because there are a lot of people involved and contributing to the creation of blockchain knowledge. You can also be one of them and share up to 20% in bonuses. You dont need to spend any money, just use part of your spare time to participate in the creation of knowledge. Join our Telegram group to learn more. link: https://t.me/knowtoearn The content of Know to earn knowledge base is provided by users. If there is any infringement, please contact us to delete it as soon as possible. Original link:https://www.gemini.com/cryptopedia/what-is-a-liquidity-pool-crypto-market-liquidity

2022-07-12 0comments 94hotness 0likes admin Read all
Wallet

Hot Wallet

Hot wallets are cryptocurrency wallets that are connected to the internet. Various types are available to cryptocurrency owners. They are accessible via the web and on mobile and desktop applications. Hot wallets attract less experienced traders because of their ease of use. In addition, regular traders may opt to utilize hot wallets to make faster transactions. However, they are more vulnerable to cyberattacks than cold storage alternatives. To prevent hacking, safety features such as two-factor authentication are often employed. Q: What is a Hot Wallet? A: is a cryptocurrency wallet that is always connected to the internet and cryptocurrency network Knowledge provider:0xeddb693aaba0076ee0de3c822ae56d5c760e89b3 KNOW TO EARN is committed to building the world’s largest blockchain knowledge base and blockchain training academy. Through the interesting form of answering questions, more people can participate in the knowledge learning of the blockchain. You can see this knowledge now because there are a lot of people involved and contributing to the creation of blockchain knowledge. You can also be one of them and share up to 20% in bonuses. You dont need to spend any money, just use part of your spare time to participate in the creation of knowledge. Join our Telegram group to learn more. link: https://t.me/knowtoearn The content of Know to earn knowledge base is provided by users. If there is any infringement, please contact us to delete it as soon as possible. Original link:https://www.investopedia.com/terms/h/hot-wallet.asp#:~:text=A%20hot%20wallet%20is%20a%20wallet%20that%20is%20always%20connected,and%20act%20as%20security%20measures.

2022-07-12 0comments 78hotness 0likes admin Read all
Wallet

Hosted Wallet

Hosted wallets are digital cryptocurrency wallets provided by trusted third parties that keep users’ private keys and funds safe. These third parties are usually cryptocurrency exchanges. Coinbase and Binance are two well-known examples. Hosted wallets share similarities with centralized banking applications because they leverage two-factor authentication and password recovery. They are also custodial, meaning that users don’t retain control of their private keys. Q: What is a Hosted Wallet? A: is a digital wallet in which your private keys are stored. In exchange, the wallet takes care of the backup and security of your funds. Knowledge provider:0xeddb693aaba0076ee0de3c822ae56d5c760e89b3 KNOW TO EARN is committed to building the world’s largest blockchain knowledge base and blockchain training academy. Through the interesting form of answering questions, more people can participate in the knowledge learning of the blockchain. You can see this knowledge now because there are a lot of people involved and contributing to the creation of blockchain knowledge. You can also be one of them and share up to 20% in bonuses. You dont need to spend any money, just use part of your spare time to participate in the creation of knowledge. Join our Telegram group to learn more. link: https://t.me/knowtoearn The content of Know to earn knowledge base is provided by users. If there is any infringement, please contact us to delete it as soon as possible. Original link:https://freewallet.org/blog/hosted-wallet-explained/

2022-07-12 0comments 89hotness 0likes admin Read all
Basic knowledge

Hash Timelock Contracts (HTLC)

Hash Time-Locked Contracts are smart contracts utilized to increase the safety of trustless over-the-counter transactions across blockchains. Used on atomic swaps and Bitcoin′s lightning network, HTLCs reduce risk by ensuring that transactions are time-bound. These contracts state that both parties must recognize the stated payment within a specific timeframe for the transaction to be valid. If either party does not verify the payment within the set time, the exchange is canceled. Q: What is a Hash Timelock Contracts (HTLC)? A: is a type of smart contract used in blockchain applications. It reduces counterparty risk by creating a time-based escrow that requires a cryptographic passphrase for unlocking. Knowledge provider:0xeddb693aaba0076ee0de3c822ae56d5c760e89b3 KNOW TO EARN is committed to building the world’s largest blockchain knowledge base and blockchain training academy. Through the interesting form of answering questions, more people can participate in the knowledge learning of the blockchain. You can see this knowledge now because there are a lot of people involved and contributing to the creation of blockchain knowledge. You can also be one of them and share up to 20% in bonuses. You dont need to spend any money, just use part of your spare time to participate in the creation of knowledge. Join our Telegram group to learn more. link: https://t.me/knowtoearn The content of Know to earn knowledge base is provided by users. If there is any infringement, please contact us to delete it as soon as possible. Original link:https://www.investopedia.com/terms/h/hashed-timelock-contract.asp#:~:text=A%20hashed%20timelock%20contract%20(HTLC)%20reduces%20counterparty%20risk%20in%20decentralized,of%20time%20or%20forfeit%20it.

2022-07-12 0comments 75hotness 0likes admin Read all
Basic knowledge

Fungible Tokens

Fungibility is the ability for an asset of an equivalent denomination to be interchangeable. Examples of fungible currencies include most fiat currencies such as the US Dollar and some cryptocurrencies, including Bitcoin. Like fiat currencies, fungible cryptocurrency tokens can be divided into smaller parts and easily exchanged. Individual tokens don’t have unique value and should be worth an identical amount. Q: What are Fungible Tokens? A: Fungible tokens are divisible assets which are not unique and can be readily exchanged for another asset of like kind. Knowledge provider:0xeddb693aaba0076ee0de3c822ae56d5c760e89b3 KNOW TO EARN is committed to building the world’s largest blockchain knowledge base and blockchain training academy. Through the interesting form of answering questions, more people can participate in the knowledge learning of the blockchain. You can see this knowledge now because there are a lot of people involved and contributing to the creation of blockchain knowledge. You can also be one of them and share up to 20% in bonuses. You dont need to spend any money, just use part of your spare time to participate in the creation of knowledge. Join our Telegram group to learn more. link: https://t.me/knowtoearn The content of Know to earn knowledge base is provided by users. If there is any infringement, please contact us to delete it as soon as possible. Original link:http://www.differencebetween.net/technology/difference-between-fungible-and-non-fungible-tokens/

2022-07-06 0comments 89hotness 0likes admin Read all
Basic knowledge

Hash

Hashes are created when a hash function receives data and outputs a fixed-length code. Cryptographic hashes, used on blockchains, operate like a data fingerprint. Hash functions are deterministic. Identical data inputs should create matching codes, while different pieces of data should create unique codes. Q: What Is a Hash? A: is a mathematical function that converts an input of arbitrary length into an encrypted output of a fixed length. Knowledge provider:0xeddb693aaba0076ee0de3c822ae56d5c760e89b3 KNOW TO EARN is committed to building the world’s largest blockchain knowledge base and blockchain training academy. Through the interesting form of answering questions, more people can participate in the knowledge learning of the blockchain. You can see this knowledge now because there are a lot of people involved and contributing to the creation of blockchain knowledge. You can also be one of them and share up to 20% in bonuses. You dont need to spend any money, just use part of your spare time to participate in the creation of knowledge. Join our Telegram group to learn more. link: https://t.me/knowtoearn The content of Know to earn knowledge base is provided by users. If there is any infringement, please contact us to delete it as soon as possible. Original link:https://www.investopedia.com/terms/h/hash.asp

2022-07-06 0comments 90hotness 0likes admin Read all
Basic knowledge

Gossip Protocol

A gossip protocol (also referred to as an “epidemic protocol”) is a procedure used to disseminate information through decentralized networks. It mirrors the way gossip spreads through a human social network. First, only a handful of people are privy to a certain piece of information. Then they spread the information to other people, creating a chain reaction that culminates in the whole group knowing. Q: What is a Gossip Protocol? A: refers to a specific type of P2P (peer-to-peer) communication that takes place between computers and other digital devices. Knowledge provider:0xeddb693aaba0076ee0de3c822ae56d5c760e89b3 KNOW TO EARN is committed to building the world’s largest blockchain knowledge base and blockchain training academy. Through the interesting form of answering questions, more people can participate in the knowledge learning of the blockchain. You can see this knowledge now because there are a lot of people involved and contributing to the creation of blockchain knowledge. You can also be one of them and share up to 20% in bonuses. You dont need to spend any money, just use part of your spare time to participate in the creation of knowledge. Join our Telegram group to learn more. link: https://t.me/knowtoearn The content of Know to earn knowledge base is provided by users. If there is any infringement, please contact us to delete it as soon as possible. Original link:https://academy.binance.com/en/glossary/gossip-protocol

2022-07-06 0comments 79hotness 0likes admin Read all
Basic knowledge

Fiat Currency

The term fiat currency refers to any government-issued currency that can be used as legal tender. This type of currency isn’t backed by a commodity and enables centralized financial institutions, such as banks and governments, to control how much money is printed. Because of governmental regulation, fiat currency does not have intrinsic value and can suffer from hyperinflation. Fiat currencies are stores of value, mediums of exchange, and units of account. Q: What is Fiat currency? A: is a currency that is not pegged to the price of a commodity such as gold or silver. Knowledge provider:0xeddb693aaba0076ee0de3c822ae56d5c760e89b3 KNOW TO EARN is committed to building the world’s largest blockchain knowledge base and blockchain training academy. Through the interesting form of answering questions, more people can participate in the knowledge learning of the blockchain. You can see this knowledge now because there are a lot of people involved and contributing to the creation of blockchain knowledge. You can also be one of them and share up to 20% in bonuses. You dont need to spend any money, just use part of your spare time to participate in the creation of knowledge. Join our Telegram group to learn more. link: https://t.me/knowtoearn The content of Know to earn knowledge base is provided by users. If there is any infringement, please contact us to delete it as soon as possible. Original link:https://www.nerdwallet.com/article/investing/fiat-currency#:~:text=The%20term%20fiat%20currency%20is,exist%20without%20a%20central%20bank.&text=Many%20or%20all%20of%20the,our%20partners%20who%20compensate%20us.

2022-07-04 0comments 102hotness 0likes admin Read all
Basic knowledge

HODL

"HODL" originated as a misspelling of "HOLD" (written in all caps), in an online post by an early Bitcoin investor. But "HODL", as it has gained popularity among crypto enthusiasts, has come to mean "hold on for dear life". Crypto HODLers, like buy-and-hold stock investors, pride themselves on "holding on" by not selling their cryptocurrency, no matter what happens in the crypto markets. Q: What is the meaning for HODL? A: Hold on for dear life Knowledge provider:0xeddb693aaba0076ee0de3c822ae56d5c760e89b3 KNOW TO EARN is committed to building the world’s largest blockchain knowledge base and blockchain training academy. Through the interesting form of answering questions, more people can participate in the knowledge learning of the blockchain. You can see this knowledge now because there are a lot of people involved and contributing to the creation of blockchain knowledge. You can also be one of them and share up to 20% in bonuses. You dont need to spend any money, just use part of your spare time to participate in the creation of knowledge. Join our Telegram group to learn more. link: https://t.me/knowtoearn The content of Know to earn knowledge base is provided by users. If there is any infringement, please contact us to delete it as soon as possible. Original link:https://www.investopedia.com/terms/h/hodl.asp#:~:text=What%20does%20it%20mean%20to,hold%20on%20for%20dear%20life%22.

2022-07-04 0comments 100hotness 0likes admin Read all
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