Crowdloan refers to the process of raising funds for new projects through $DOT or $KSM tokens within the Polkadot and Kusama network. Being a part of the substrate framework for Polkadot, crowdloans can be achieved by securing a spot in the parachain auction to generate $DOT. Prior to the parachain

The cryptographic hash function is an algorithm that is constituted of a repeated sequence of specific actions. This system can be used to transform any form of the data string, which can be of variable lengths into one single fixed format and length. The specific format is known as a

CeDeFi stands for centralized and decentralized finance that brings the best of both worlds. Bringing benefits of both the systems at once, which is improving the functionality of cryptocurrency usage. Not to mention, implementing CeDeFi allows corporations to explore modern financial products while abiding by the conventional financial regulatory standards.

Basically, the Cypherpunk movement talks about the use of cryptography and other privacy-focused technology to meet social and political agendas. The movement came to the light after the publication of cryptography papers in 1976. By the end of the 1980s, this cryptographic approach led to the formation of cypherpunk. It

Custody is a safeguarding service offered by the financial institution towards customers' security. The institution providing custody is often termed as 'custodian'. They are responsible for collecting interests, dividends, and profits from the security sales while redistributing the funds based on customers' instructions. Assets nowadays can be held in both

Custodian refers to the business organization that holds the financial assets of its users in their custody. The custodian system is important for bringing forth simplicity and protection. For the most part, the assets and money of users are usually held by a brokerage firm, bank, or other similar custodian

Custodial is one of the most common practices in cryptocurrency exchanges and wallets where private keys are required in order to open customers' funds. Even though the owners hold full control over their cryptocurrencies. Without the owner's key, no other person can open the funds stored in their address. Many

Currency can be defined as any form of money which is currently in circulation that acts as a medium of exchange. This system of exchange was traditionally done by notes and coins accepted commonly among the people within a nation. Now, a new mode of currency is gradually emerging in

The systematic study of cryptography and cryptanalysis is often referred to as ‘Cryptology’. Cryptography makes data transmission as well as data storage secure and safe. This ensures that unauthorized persons cannot breach the network to see confidential data. Cryptology dates back to a time when written messages were only required

Cryptography refers to the long-used technique of using ciphers, where algorithms are used to turn regular messages (plaintext) into nonsense words or numbers (Ciphertext). These messages can be sent via letters or by any other means. The receiver then uses a unique piece of information known as a key, to

Cryptocurrency is a digital currency that has been secured with the help of cryptography. The term was first derived in 1983 when American cryptographer David Chaum first introduced the concept of ecash. The first-ever cryptocurrency to achieve mainstream popularity is Bitcoin (BTC), introduced in January 2009. Bitcoin is based on

Crypto assets are digital assets that operate as a currency or application using cryptographic techniques. Cryptoassets can be broadly divided into four different types including cryptocurrencies, stablecoins, security tokens, and utility tokens. Among these four crypto assets, cryptocurrencies are the most popular and widespread throughout the world. Cryptocurrencies are considered

Crowdfunding is the process of fundraising in order to collect capital from a large number of people through various platforms. The advent of technology leads to the financial service where one can raise money. There are also several crowdfunding platforms that cater as intermediaries. Crowdfunding can be considered a good

Cross-chain communication refers to the interaction between blockchain networks with different protocols that allow verifying transactions and data without any centralized third-party intervention. Cross-chain communication is extremely essential to guarantee seamless functionality for decentralized ledgers.

The Cross-chain technology facilitates interconnection among several blockchain networks in order to create a seamless exchange of information and values. This, in turn, can break the solitary nature of every blockchain while creating an intertwined blockchain ecosystem. Cross-chains are completely independent of their connected platforms, which ensures they are not

Credit risk refers to the internal assessment made by the bank and other lending institutions prior to lending credit to the borrower. Credit risks are calculated for all types of loans including personal and business loans, and even national debt. This involves the five Cs’, which are credit history, capital,

Credit rating is a metric used by banks and lending institutions to check whether a borrower can repay the loan or not with proper interest. These agencies analyze customers spending with credit history thoroughly before preparing their credit ratings. Some of them focus on individual credit ratings while some focus

A market correction, also known as price correction, refers to the short-term drop in the value of digital assets. As the cryptocurrency market is subjected to volatility, price correction happens all the time. In 2021, between January to October, the cryptocurrency market experienced four corrections, followed by a market crash.

A contract account refers to the account that keeps track of the crypto balance and the associated code. Generally, when someone accepts any contract, a separate account is opened to keep track of all the costs that come with the given contract. A serial number is also assigned, that is

A contract refers to a legally binding agreement made between two parties. On the blockchain side of things, this is implemented with the introduction of smart contracts. These smart contracts are the very essence of blockchain. This allows all transactions that occur in the blockchain to keep complete anonymity. Smart

Blockchain can be primarily categorized into three sections namely public, private, and Consortium Blockchain. Public blockchains allow anyone to join. It is used for cryptocurrency exchange and mining. Whereas, a single organization handles private blockchains. Consortium Blockchain on the other hand is semi-private and has a limited user group. It

Being decentralized, blockchains need to come to a general decision. The agreement is achieved with the help of a consensus mechanism. In blockchain, there is a certain consensus the network has to reach. It means that over 51% of the nodes should agree, ensuring everyone’s on the same page.

Blockchains are decentralized entities with no centralized authority to govern them. That means it functions without the interference of a single body, although offers better supervision and control. But it certainly comes with its own set of limitations as well. For any decisions, blockchains have to come up with a

In cryptocurrency, confirmations play a crucial role in identifying whether the transaction was secure or not. Simply put, confirmation is a way to verify the legitimacy of the transaction. For instance, if a transaction is not legitimate, then the blockchain would deny it. The confirmations depend on the number of

Briefly, composable tokens are being heavily used within the market. As composable tokens follow the ERC-998 token standard, they share a similar resemblance to that of ERC-721, as both are non-fungible. The difference is that ERC-998 tokens including composable tokens hold the ability to own other fungible and non-fungible tokens.