Batch Transfer
Batch Transfer refers to the process of consolidating multiple transactions into a single batch for processing or transmission. This method is often used in financial contexts, data management, and network communications to enhance efficiency and reduce processing times. Efficiency in Transaction Processing In the realm of financial transactions, batch transfer plays a crucial role by...
Batching
A technique used in blockchain networks where multiple transactions are grouped together into a single block, improving efficiency and reducing transaction fees by minimizing network congestion.
Beacon Chain
The Beacon Chain is a core component of Ethereum's transition from a proof-of-work (PoW) to a proof-of-stake (PoS) consensus mechanism. It operates as a separate blockchain running parallel to the Ethereum mainnet, coordinating the network’s validators, managing their stakes, and ensuring the security and efficiency of data processing without handling the mainnet transactions directly. Since...
Bear Market
A bear market refers to a period in which stock prices fall by 20% or more from recent highs, typically leading to widespread pessimism and negative investor sentiment. This financial phenomenon is significant as it can influence economic trends, impact investor portfolios, and affect global financial markets. Understanding Bear Markets Through Recent Data Recent instances...
Beeple (Mike Winkelmann)
Beeple, whose real name is Mike Winkelmann, is a renowned digital artist from the United States. His NFT-based artwork commands unprecedented attention and price in the crypto art community. Most notably, his artwork "Everydays: The First 5000 Days" sold for a massive $69 million at Christie's auction in 2021. Background and History Beeple started to...
Ben Armstrong
Ben Armstrong, popularly known as "BitBoy Crypto," is a foremost figure within the cryptocurrency and blockchain space. He has significantly influenced the digital currency environment through his informative channels and platforms, providing insights and guidance for both the seasoned trader and novice investor. In 2018, Armstrong launched the "BitBoy Crypto" YouTube channel, which has since...
BEP-2
The term "BEP-1155" refers to a multi-token standard protocol on the Binance Smart Chain (BSC). This protocol allows for the creation, management, and transfer of multiple token types in a single smart contract. Understanding BEP-1155 The BEP-1155 protocol, first proposed in 2018, is an evolution of the BEP-20 and BEP-721 standards. It was developed by...
BEP-20
BEP-20 is a token standard on the Binance Smart Chain (BSC) that extends the functionality of the original Ethereum ERC-20 standard. It is a blueprint for creating tokens with a variety of functionalities within the BSC ecosystem. Understanding BEP-20 The BEP-20 standard was introduced by the Binance Smart Chain, a blockchain network built for running...
BEP-721
Cardano Native Tokens are digital assets that are minted and managed within the Cardano blockchain. Unlike other blockchains where tokens are created using smart contracts, Cardano's native tokens are built directly into the blockchain's ledger, offering superior security and simplified functionality. Cardano Native Tokens: A New Era in Digital Assets The introduction of Cardano Native...
BEP-1155
The Algorand Standard Assets (ASA) is a technology developed on the Algorand blockchain that allows for the creation of customizable assets. These assets can represent any type of value, including real-world goods, services, or digital items, and are secured by the same decentralized, permissionless, and transparent infrastructure that underpins the Algorand network. Understanding Algorand Standard...
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!
