Parity Signer (mobile + desktop)
Parity Signer is a technology that transforms mobile devices into secure cold storage wallets for cryptocurrency assets, supporting both mobile and desktop platforms. This application allows users to store their private keys offline on their mobile device, enhancing security by isolating these keys from internet-connected devices and potential online threats. Functionality and Technological Integration Parity...
Patrick McHenry
Patrick McHenry is a notable figure in the realm of United States politics, known for his influential role in the regulatory landscape of financial technology and cryptocurrencies. Background and Political Influence Patrick McHenry, currently serving as the U.S. Representative for North Carolina's 10th congressional district, has been an active force in politics since 2005. Recognized...
Payment Channels
Payment channels represent a method within the blockchain technology ecosystem designed to conduct transactions off the main blockchain network, facilitating faster and more cost-efficient transactions. These channels are part of what is known as Layer 2 solutions, which operate on top of a blockchain to enhance its scalability and efficiency. Understanding Payment Channels Payment channels...
Paypal Stablecoin
PayPal Stablecoin is a type of digital asset pegged to a stable benchmark, frequently a traditional fiat currency like the dollar, and is intended to be used on the PayPal platform. PayPal's entry into the world of cryptocurrencies began in 2020, and its interest in developing a stablecoin marks a significant step into the ecosystem....
Pedersen Commitment
A Pedersen Commitment is a cryptographic algorithm used primarily for securing privacy in various digital transactions and communications. It allows a party to commit to a chosen value while keeping it hidden, with the ability to reveal the committed value later. Recent advancements in blockchain technology have highlighted the importance of privacy-preserving techniques, among which...
Peer to Peer
In the realm of technological advancements and digital transactions, Peer to Peer (P2P) is a decentralized form of interaction taking place between two parties directly, without the need for intermediaries. As a recent benchmark, the Global Peer to Peer Lending Market was valued at USD 67.93 billion in 2020 and is expected to reach USD...
Peer to Peer Connection
In the digital world, peer-to-peer (P2P) connection is a network model that allows computers to share resources and perform tasks without requiring a central server's involvement. This model enables each participant in the network, also known as a peer or node, to act as both a client and a server. Most recently, Bitcoin's rise to...
Peer to Peer Fundraising
Peer-to-Peer fundraising, often abbreviated as P2P fundraising, is an effective method used by non-profit organizations which enables them to leverage their supporters by encouraging them to fundraise on their behalf. This modern approach enhances supporter engagements and significantly boosts fundraising outcomes. In recent times, numerous nonprofits, including the American Cancer Society, have reported immense success...
Peer-to-Peer Lending
Peer-to-peer (P2P) lending is an innovative form of direct lending of money to individuals or businesses without the need for a traditional financial institution to act as an intermediary. In recent years, P2P lending platforms have become a common way for those who need funding to connect with potential investors. Background or History The concept...
Peer to Peer Network
Peer-to-peer network (P2P) is a decentralized network architecture where each participant, often referred to as a peer, shares a part of their resources directly with other nodes without having to go through centralized administrative systems. This vast network offers opportunities for a diverse range of functions across different sectors, particularly in the IT and financial...
Explore the MEXC Blog Glossary Archive to deepen your understanding of cryptocurrency and blockchain technology. This comprehensive resource features clear, easy-to-understand definitions of key crypto-related terms, concepts, and industry jargon. Whether you’re a beginner or an experienced trader, the glossary helps you stay informed, make smarter investment decisions, and navigate the fast-evolving crypto landscape with confidence. Start learning today and boost your crypto knowledge with MEXC!
