51% Attack
What is a 51% attack? A 51% attack is an attack on a proof of work blockchain where a group of miners controlling more than 50% of the network’s mining hash use this power to prevent new transactions from being…
What is a 51% attack? A 51% attack is an attack on a proof of work blockchain where a group of miners controlling more than 50% of the network’s mining hash use this power to prevent new transactions from being…
What is an atomic swap? An atomic swap is the exchange of one type of cryptocurrency for another—like bitcoin swapped for ethereum—without the supervision of a trusted third party. A relatively new notion, cross-chain atomic swapping looks to change the…
Basel Committee on Banking Supervision (BCBS) is a committee formed in 1974 by central bank governors to develop banking regulations standards and enhance the quality of banking supervision around the world. The original committee was comprised of the 10 countries…
What is BEP? BEP is short for Binance Chain Evolution Proposal. In short, BEP is a list of token management rules and pre-defined criteria to help launch on-chain assets on Binance Chain. Projects use this BEP to transition their tokens…
A bitcoin address is a cryptographic key that “owns” bitcoins. This address is used to uniquely identify bitcoins. The person or persons who know the corresponding private key can send those bitcoins to any other address. The cryptographic keys that…
A business that operates physical kiosks that allow a person to purchase Bitcoin by using cash or debit card. Some Bitcoin ATMs offer bi-directional functionality enabling both the purchase of Bitcoin as well as the sale of Bitcoin for cash.…
A Bitcoin wallet is a software program where Bitcoins are stored. To be technically accurate, Bitcoins are not stored anywhere; there is a private key (secret number) for every Bitcoin address that is saved in the Bitcoin wallet of the…