EDDYMENS

Published a year ago

What Is Double Spending?

In simple terms, as a merchant, you confirm a transaction by viewing a public decentralized ledger called the blockchain . You check to confirm that there is a block containing a...

Published a year ago

What Is A Sandwich Attack?

To better understand a sandwich attack, we first need to understand the process of buying and selling cryptocurrencies through an exchange. Decentralized Exchanges (DEX...

Published a year ago

What Is An Impermanent Loss?

Impermanent loss (IL) is typically explained from the perspective of a liquidity provider . In this glossary, however, we will keep the definition broader and more general. Whenev...

Published a year ago

What Is Just-in-Time Funding?

Just-in-time funding is the process of automatically moving funds to a specific point or account based on a triggering event. It's an event-timing mechanism that plays an important role in various financial systems, such as an escrow arrangement and automated payments. This should n...

Published a year ago

What Is A 51% Attack?

A 51% attack is when one person or group controls more than half of a blockchain, meaning they have a majority say when it comes to confirming transactions, for example. Blockchains work because many validators agree on what is true. If someone controls over 51% of that power, they can che...

Published a year ago

What Are Digital Assets?

A digital asset is anything that exists in digital form and holds some form of value. This includes blockchain-based assets such as cryptocurrencies and NFTs , as ...