API Token
API Token - An "API token" is a cryptographic key that grants authorized access to an application's API (Application Programming Interface). It serves as a secure way to authenticate users and regulate their interactions with the application's features and data. Dive into the realm of API tokens, understanding their significance in ensuring secure and controlled...
AppChain
AppChain refers to a blockchain application that runs on top of an existing blockchain, leveraging its infrastructure while offering unique functionalities. It is a key component of the blockchain ecosystem, enabling the creation of decentralized applications (dApps) with specific use cases. Understanding AppChain An AppChain is essentially a sidechain or a child chain that operates...
Application-Specific Rollup
An Application-Specific Rollup (ASR) is a Layer 2 scaling solution designed to optimize the performance of a specific application on the Ethereum blockchain. By bundling multiple transactions into a single proof, ASRs significantly reduce the cost and increase the speed of transactions. Understanding the Concept of Application-Specific Rollups ASRs are a part of the broader...
Approval Event
An "Approval Event" refers to a specific milestone or decision point within a project, business process, or regulatory pathway that requires formal acceptance or authorization before proceeding to the next stage. This event can be as simple as a managerial sign-off on a project phase or as complex as obtaining regulatory approval for a new...
Approval Mechanism
An "Approval Mechanism" refers to a structured process or set of criteria used by organizations or systems to review, verify, and sanction proposals, actions, or transactions. This mechanism ensures that all decisions meet predefined standards or regulations before implementation. Importance in Various Sectors Approval mechanisms are pivotal across various sectors, including technology, finance, and corporate...
APR (Annual Percentage Rate)
The Annual Percentage Rate (APR) is a standardized measure that represents the yearly cost of funds over the term of a loan, including any fees or additional costs associated with the transaction. This financial metric is expressed as a percentage that reflects the actual yearly cost of funds during the term of a loan. Understanding...
Aptos Blockchain
The Aptos Blockchain is a new and innovative layer-one blockchain designed to deliver unmatched scalability, security, and reliability. It utilizes a novel consensus protocol known as AptosBFT, which is an evolution of the DiemBFT from the now-defunct Diem project by Meta (formerly Facebook). Since its launch, Aptos has quickly gained attention due to its promise...
APY (Annual Percentage Yield)
Annual Percentage Yield (APY) is a standardized measure of the real rate of return on an investment, taking into account the effect of compounding interest over a year. Unlike simple interest, APY reflects the sum total of interest accrued on both the initial principal and the accumulated interest from previous periods. Understanding APY in Today's...
Arbitrage
SHA-512, or Secure Hash Algorithm 512, is a cryptographic hash function that produces a 512-bit (64-byte) hash value. It is part of the SHA-2 (Secure Hash Algorithm 2) family, designed by the National Security Agency (NSA) and published by the National Institute of Standards and Technology (NIST). Historical Context and Evolution of SHA-512 The history...
Arbitrage Crypto Bot
The Arbitrage Crypto Bot is a tool designed to facilitate automated transactions in the crypto market, taking advantage of price differences across different exchanges. This technology provides a mechanism for traders to profit from market inconsistencies without the need for constant monitoring or direct interaction. Recently, with the rapid growth and acceptance of cryptocurrencies, arbitrage...
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!
