The term "HODL" originated from a typo of "HOLD" (written in all capitals) in an early Bitcoin investor's online post. However, "HODL," as it has become famous among crypto fans, has evolved to signify "cling on for dear life." Crypto HODLers, like buy-and-hold stock investors, take satisfaction in "holding on" by refusing to sell their cryptocurrency regardless of what occurs in the crypto markets.
A trilemma is a dilemma that has three unique components. The "scalability trilemma" refers to the unavoidable compromises that developers must make while optimizing certain blockchain features. The word was invented by Ethereum founder Vitalik Buterin. The trilemma is sometimes portrayed as a triangle with three positive blockchain features — scalability, decentralisation, and security – at each point. According to the trilemma, improving any two of these attributes holds back the third. This tradeoff often constrains blockchains and results in slower transaction processing times. Layer-2 solutions are used by developers to address the trilemma. These methods delegate part of the processes of a primary chain to other protocols and related chains.
Ether is a cryptocurrency native to the Ethereum blockchain, which is often referred to by the name of the blockchain platform on which it operates. It also has the second-largest market valuation of any cryptocurrency, after Bitcoin. Ether is used to pay for transactions on the Ethereum platform and is paid to miners who help the blockchain expand. Sometimes it is referred to using the Greek letter Xi (Ξ).
A blockchain that is immune to quantum computer attacks. Quantum computers are still not fully functional, but they have progressed to the point where it is expected that they will be implemented in the future, making current encryption methods like SHA-256 (on which Bitcoin is based) vulnerable to them due to their ability to break through cryptography codes much faster than traditional computing.
The amount of money earned on an interest-bearing account, annualised over a year, is expressed as an annual percentage yield. You earn more money on the balance of a savings account with a higher APY.
Virtual reality is a simulated three-dimensional environment that allows users to explore and interact with a virtual world in a way that approximates reality as perceived by the users' senses. Although this virtual world is built using computer hardware and software, people may need to wear gear such as helmets or goggles to interact with it.
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