Yield Farming
Yield farming, also known as liquidity mining, is a decentralized finance (DeFi) practice where cryptocurrency holders lend or stake their assets in return for interest or fees in the form of additional cryptocurrency. This innovative financial mechanism leverages user-provided liquidity to financial pools on various platforms, which in turn power market activities and trading. Emergence...
ZachXBT
As a burgeoning figure in the blockchain and cryptocurrency sector, ZachXBT is making significant waves. This trader and crypto enthusiast has carved a niche for himself as a trendsetter in the crypto trading sphere. A Background on ZachXBT The individual behind ZachXBT remains relatively unknown, which is a prevalent trend in the cryptocurrency industry of...
Zapper
In the context of digital finance, a "Zapper" refers to a tool or platform that simplifies the management and investment process in decentralized finance (DeFi) by allowing users to quickly swap, invest, or aggregate liquidity across various protocols. This tool streamlines complex processes and integrates multiple steps into a single, user-friendly transaction, enhancing efficiency and...
Zergpool
Zergpool is a multi-cryptocurrency mining pool that allows miners to automatically switch between different coins to maximize their profits. It operates on a pay-per-share (PPS) model, where miners are rewarded based on the number of shares they contribute to the pool. Understanding Zergpool Zergpool was launched in 2018 and has since grown to become one...
Zerion
Zerion is a decentralized finance (DeFi) interface that facilitates tracking and management of a user's portfolio across multiple DeFi protocols. It is designed to simplify the user experience by providing a unified view of assets and liabilities across different platforms without the need to manage multiple wallets or interfaces. Overview and Recent Developments In recent...
Zero-Knowledge Proof
Zero-Knowledge Proof (ZKP) is a cryptographic method that allows one party to prove to another that a given statement is true, without revealing any information apart from the fact that the statement is indeed true. This concept is vital in enhancing privacy and security across various digital interactions and transactions. Origins and Evolution of Zero-Knowledge...
Zero-Knowledge Proof (ZKP)
Zero-Knowledge Proof (ZKP) is a cryptographic method that allows one party to prove to another that a given statement is true, without revealing any additional information apart from the fact that the statement is indeed true. This technology underpins the security and privacy features of various blockchain applications and is becoming increasingly significant in the...
ZK-Rollup
ZK-Rollup is a Layer 2 scaling solution that bundles multiple transactions into a single proof, which is then posted on the Ethereum blockchain. This technology significantly reduces the data that needs to be stored on-chain, thereby increasing transaction speed and reducing costs. Understanding ZK-Rollup Introduced by Barry Whitehat in 2018, ZK-Rollup is a protocol that...
ZK-Rollup-as-a-Service
ZK-Rollup-as-a-Service refers to a blockchain scalability solution that bundles multiple transactions into a single one using zero-knowledge proofs to ensure data integrity without revealing underlying data. This service is provided by third parties to help blockchain networks enhance throughput and efficiency while maintaining security. Emergence and Evolution of ZK-Rollup-as-a-Service The concept of ZK-Rollups has been...
zk-SNARK
zk-SNARK stands for "Zero-Knowledge Succinct Non-Interactive Argument of Knowledge." It is a form of cryptographic proof that allows one party to prove to another that they know a value, without revealing any information other than the fact that they know the value. This technology is pivotal in enhancing privacy and scalability across various blockchain applications....
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!