Hash

A function that converts an input (or ‘message’) into a fixed-size string of bytes, typically for security or data management purposes. In the context of cryptocurrencies, hashing is used to secure transactions, control the creation of new blocks, and ensure the integrity of data within the blockchain.

Layer 2

Solutions built on top of a base blockchain (Layer 1) to enhance scalability and transaction...

Non-Fungible Token (NFT)

Non-Fungible Token (NFT): A unique, digital certificate of ownership for a specific item or asset,...

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