Decentralization

The distribution of authority, control, and decision-making across a network of nodes or participants, rather than relying on a central authority or entity. Decentralization is a core principle of blockchain technology, aiming to increase security, transparency, and censorship resistance while reducing single points of failure.


Decentralized Exchange (DEX)

A Decentralized Exchange (DEX) is a blockchain-based platform that allows users to trade cryptocurrencies directly with each other without the need for an intermediary or central authority. This system facilitates peer-to-peer trading of digital assets and uses smart contracts to automate transaction processes, enhancing security and reducing the risk of fraud. Evolution and Current State...


Decentralized Finance

Decentralized Finance, often abbreviated as DeFi, is an innovative financial system leveraging blockchain technology to eliminate intermediaries and enable anyone across the globe to immerse themselves in financial services. By using smart contracts on blockchains, DeFi presents a more transparent and accessible platform for a wide range of applications such as lending, borrowing, and trading....




Decentralized Storage

Decentralized storage refers to a method of storing digital data across multiple networked nodes or locations, typically managed by different entities, rather than being centralized in a single server or location. This approach leverages blockchain technology or distributed ledger technology to ensure data is replicated and accessible securely and reliably from multiple points, enhancing data...


Decentralized Storage Nodes

Decentralized storage nodes are components of a distributed network that store data across multiple points, rather than relying on a single centralized location. These nodes work collectively to ensure data is securely stored, accessible, and resistant to censorship or control by any single entity. Understanding Decentralized Storage Nodes In the realm of blockchain and decentralized...


DeFi Coins

Decentralized Finance (DeFi) coins are digital cryptocurrencies associated with the DeFi movement, which aims to use blockchain technology to remove intermediaries in financial transactions. These coins play a pivotal role in various DeFi applications and protocols, impacting the larger cryptocurrency market. Considered a significant trend in the cryptocurrency market, DeFi coins have exploded in popularity...


DeFi (Decentralized Finance)

A movement within the blockchain and cryptocurrency space that seeks to create an open and permissionless financial ecosystem using decentralized technologies. DeFi applications aim to provide financial services, such as lending, borrowing, trading, and yield farming, without traditional intermediaries like banks.


DeFi Explorer

Decentralized Finance, widely abbreviated as DeFi, is a disruptive technology that's transforming the conventional finance sector. Consequently, many tools have been developed to exploit this burgeoning technology, one of such being the DeFi Explorer. The DeFi Explorer functions as a map through which users can navigate the intricate network of DeFi applications. Recently, the volume...


DeFi Lending

Decentralized Finance, or DeFi, Lending refers to the practice of lending or borrowing assets directly between users via blockchain technology without the need for an intermediary, such as a bank or financial institution. It's a revolutionary concept underpinning much of the burgeoning DeFi market. Recent data indicates an exponential increase in the total value locked...


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!