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...
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...
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...
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...
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...
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 ...