State Channels
State channels are a layer-2 scaling technology used in blockchain networks to facilitate faster and more cost-efficient transactions by allowing multiple transactions to occur off the main blockchain. This is achieved by opening a channel between participating parties where transactions can be conducted privately, and only the final state is recorded on the blockchain, significantly...
State Commitment
Definition of State Commitment State commitment refers to the assurance or pledge by a government to support specific economic, technological, or financial initiatives. This can include investments in infrastructure, technology advancements, regulatory frameworks, or direct financial support to foster growth and stability in targeted sectors. Recent Examples and Data Recent examples of state commitment are...
State Machine
A state machine is a computational model used to design computer programs and digital logic circuits. It defines a set of states and the conditions under which transitions occur between these states. Recent advancements in technology, particularly in blockchain and decentralized finance (DeFi), have highlighted the importance of state machines. They are crucial in managing...
State Sharding
State Sharding is a blockchain scalability solution that divides a network into smaller parts, known as shards, to process transactions and smart contracts. This method aims to improve the efficiency and speed of blockchain networks by allowing them to process multiple transactions simultaneously. State Sharding: A Solution to Blockchain Scalability Blockchain technology has been hailed...
State Trie
The "State Trie" is a data structure used primarily in blockchain technology to store and manage the state of a decentralized network, such as Ethereum. It organizes data in a way that ensures integrity and quick accessibility, facilitating efficient transactions and smart contract executions. Understanding the State Trie in Blockchain Technology The concept of a...
Stealth Address
A stealth address is a type of cryptocurrency address designed to enhance privacy by creating a unique, one-time address for each transaction. This prevents linking transactions to the recipient’s public address, thereby obscuring the transaction trail on the blockchain. Recent advancements in blockchain technology have emphasized the importance of privacy, with cryptocurrencies like Monero (XMR)...
Stefan George
Stefan George (1868–1933) was one of the most significant figures in German literature as a translator, poet, and influential cultural revitalizer. His elite circle and his writings immensely contributed to the intellectual life of Germany during his era. The Life and Work of Stefan George Stefan George was born in 1868 in Büdesheim, a town...
Stellar Blockchain
The Stellar blockchain is a decentralized network designed for facilitating cross-asset transfers of value, including payments. With its unique consensus protocol, it offers fast, secure, and low-cost transactions, making it a popular choice for both individuals and institutions looking to leverage blockchain technology. Recent data shows that Stellar's network processes over 6 million operations per...
Stellar Native Asset
The Stellar Native Asset, commonly referred to as Lumens or XLM, serves as the primary currency on the Stellar network, designed to facilitate multi-currency transactions and digital representations of value. This cryptocurrency aims to bridge the gap between different financial systems on a single network. As of the latest data, Stellar boasts over 6 million...
Steve Cohen
Steve Cohen is an American billionaire hedge fund manager and the owner of the New York Mets baseball team. He is the founder of Point72 Asset Management and previously managed SAC Capital Advisors, both prominent investment firms specializing in equity market strategies. Cohen is known for his aggressive trading strategies and has been a significant...
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!
