DEX Screener
DEX Screener, also known as a Decentralized Exchange Screener, is a tool or platform that provides critical data and analytics for assets traded on decentralized exchanges (DEXs). This piece of technology provides everything from an asset’s trading volume, price movement, and liquidity on various decentralized exchanges. The latest findings show that as of 2021, over...
Diamond Hands
Diamond Hands is a term popularized in the financial and cryptocurrency markets, referring to an investor's ability to hold onto their assets through volatile periods without selling. It epitomizes a high-risk, high-reward investment strategy, emphasizing long-term confidence in the asset's value. The concept of Diamond Hands gained prominence during the GameStop stock trading frenzy in...
Difficulty
In the context of blockchain technology, "difficulty" refers to the measure of how challenging it is to find a new block compared to the easiest it can ever be. This term is crucial in the mining process of cryptocurrencies, where it adjusts to maintain a consistent rate of block discovery and, consequently, coin issuance. As...
Difficulty Adjustment
Difficulty adjustment refers to the process used in blockchain technologies to maintain a consistent time frame for block creation, regardless of the number of miners or the increasing power of mining technology. This mechanism adjusts the difficulty level of the cryptographic puzzles that need to be solved for creating a new block, thereby stabilizing the...
Difficulty Bomb
The "Difficulty Bomb" refers to a mechanism used in blockchain technology, specifically within the Ethereum network, designed to increase the difficulty level of puzzles in the mining process at predetermined intervals. This mechanism aims to disincentivize miners and facilitate the transition from proof of work (PoW) to proof of stake (PoS) consensus mechanisms. Understanding the...
Digital Art
Digital art refers to artworks created using digital technology as part of the creative or presentation process. This form of art can include images, animations, or even three-dimensional models created or manipulated through software and viewed primarily on electronic devices. Evolution and Current Trends in Digital Art The evolution of digital art aligns closely with...
Digital KYC
Known as Digital KYC, it represents the digital form of Know Your Customer, a compliance procedure in the financial realm. By utilizing technology, it is now faster, more efficient, and less prone to human error. For instance, fintech companies globally have increasingly adopted digital KYC to streamline and secure their customer onboarding processes. According to...
Digital Ownership
Digital Ownership refers to the control and rights over digital assets, including the ability to use, manage, and transfer them. This concept has gained prominence with the rise of blockchain technology and digital currencies, which enable verifiable and secure ownership of virtual goods and assets. Evolution and Historical Context The concept of digital ownership has...
Digital Signature
A cryptographic technique used to verify the authenticity and integrity of digital messages, documents, or transactions. Digital signatures are generated using a private key and can be verified with a corresponding public key, ensuring that the message has not been altered and was indeed signed by the expected sender.
Digital Wallet
A digital wallet, also known as an e-wallet, is a software-based system that securely stores users' payment information and passwords for numerous payment methods and websites. By using a digital wallet, users can complete purchases easily and quickly with near-field communications technology or through online purchasing platforms. Current Market Data and Examples As of 2023,...
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!
