Oracle Attack
An Oracle Attack is a type of cyber-attack that exploits the vulnerabilities of an oracle, a system that provides data to smart contracts on the blockchain. This attack manipulates the data provided by the oracle, leading to potentially disastrous outcomes for the parties involved in the smart contracts. Understanding Oracle Attacks Oracles are crucial components...
Oracle Blockchain
Oracle Blockchain is a comprehensive enterprise-grade blockchain technology service provided by Oracle. It leverages the power of blockchain for business enhancements by offering a secure, scalable, and decentralized platform that is integrated into Oracle's cloud ecosystem. Recent trends show a significant uptake in the adoption of Oracle Blockchain across various industries. For instance, CargoSmart, a...
Oracles
In the realm of blockchain and decentralized technologies, "oracles" refer to systems or services that provide external data to smart contracts on a blockchain. These oracles act as bridges, connecting the deterministic blockchain environment to the dynamic, real-world data, thus enabling smart contracts to execute or function based on real-time information that is external to...
Order Book
An order book is a real-time, continuously updated list of buy and sell orders for a specific financial asset, such as stocks, bonds, cryptocurrencies, or other securities, showing the quantity, price, and time of every order placed by market participants. This ledger is crucial for providing transparency and facilitating price discovery in various trading environments....
Order Execution
Order Execution refers to the process by which a broker or trading platform completes a buy or sell order on behalf of a client. This involves the broker ensuring that the order is executed at the best possible price and within a reasonable time frame, considering current market conditions. Importance of Efficient Order Execution Efficient...
Order Flow
Order Flow refers to the real-time aggregation of buy and sell orders pending execution in a market. It provides a detailed snapshot of trading activity by showing the volume of orders at different price levels, often visualized through tools like depth charts and order books. Understanding Order Flow Order flow is a critical aspect of...
Order Imbalance
An Order Imbalance occurs when there is a significant discrepancy between the number of buy and sell orders for a particular security, often leading to volatile price movements. This imbalance can reflect differing opinions among investors about the asset's value or be triggered by broader market events. Understanding Order Imbalance Order imbalances are quantified by...
Order Priority
Order Priority refers to the sequence in which orders are processed and fulfilled by a business, based on predetermined criteria such as order size, customer status, or delivery deadlines. This system is essential in managing supply chain operations efficiently, ensuring that resources are allocated effectively to meet varying customer demands and service levels. Significance in...
Orphan Block
An "orphan block" in blockchain technology refers to a block that has been successfully mined but is not accepted or recognized by the network of nodes. This usually occurs when two miners produce blocks at similar times, leading to a temporary divergence in the blockchain, known as a fork. The block that is not selected...
OTC Crypto
OTC Crypto, or Over-the-counter cryptocurrency, refers to transactions made off an exchange, usually directly between buyers and sellers. In recent times, OTC Crypto has been highly preferred by high volume traders and institutions. Its significance has been amplified by the surging interests in digital currencies and blockchain technology. Background or history The creation of OTC...
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!
