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...
Peer to Peer Recognition
Peer to Peer Recognition is a social psychology concept that emphasizes the importance of positive feedback and appreciation from one's colleagues in enhancing motivation and productivity in the workplace. For instance, a recent survey by Deloitte revealed that organizations with a strong peer recognition program have 31% lower employee turnover rates. Similarly, a study by...
Performance Bond
A performance bond, also known as a contract bond, is a surety bond issued by an insurance company or a bank to guarantee satisfactory completion of a project by a contractor. This type of bond is commonly used in the construction industry and large-scale government contracts as a means of protecting the project owner against...
Permit Function (EIP-2612)
The "Permit Function (EIP-2612)" refers to a standardized method in Ethereum-based smart contracts that allows token holders to approve transactions via signatures instead of transactions. This function is part of the Ethereum Improvement Proposal 2612, which introduces a more efficient way for users to delegate their token allowances to another address using off-chain signatures, thereby...
Perpetual Contracts
Perpetual contracts are a type of futures contract commonly used in cryptocurrency trading that do not have an expiry date, allowing traders to hold a position for an indefinite period. These contracts mimic a margin-based spot market and are often settled in cryptocurrencies rather than fiat currencies. Understanding Perpetual Contracts Perpetual contracts are a pivotal...
Peter Lynch
Peter Lynch is a renowned American investor and former fund manager, best known for his tenure at Fidelity Investments where he managed the Magellan Fund from 1977 to 1990. During his management, the fund achieved an average annual return of 29.2%, making it the best-performing mutual fund in the world. Lynch's investment philosophy advocates for...
Peter McCormack
Peter McCormack is an influential figure in the cryptocurrency sector, known primarily for his work as a bitcoin advocate and podcast host. His popular show, "What Bitcoin Did", has helped to proliferate crypto knowledge and perspectives from distinguished guests in an accessible manner. Background and Rise to Prominence Peter McCormack began his career in the...
Peter Thiel
Peter Thiel is a prominent entrepreneur, venture capitalist, and political donor, known for co-founding PayPal, Palantir Technologies, and for his early investment in Facebook. Born in Frankfurt, Germany in 1967 and raised in the United States, Thiel has played a significant role in the development of global technology and investment landscapes, influencing a wide array...
Peter Todd
Peter Todd is a revered figure in the cryptocurrency world known for his profound contribution to the Bitcoin protocol. Todd, an applied cryptography consultant at the forefront of blockchain technology, reshapes the crypto sphere with his innovative solutions. Background and History Residing in Toronto, Canada, Peter Todd developed an interest in Bitcoin in his early...
PGP Public Key
PGP Public Key is a crucial element in ensuring security and privacy in digital communications. It is one part of public key cryptography, where digital messages are encrypted using a pair of keys - a public one for encryption and a private one for decryption - providing a secure way to transmit sensitive information over...
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!
