SHA-256 is a secure hashing algorithm used to turn data of any size into a unique output, known as a hash, of 256 bits.
SHA-512, or Secure Hash Algorithm 512-bit, is a cryptographic hash function. It belongs to the SHA-2 (Secure Hash Algorithm 2) family of hash functions.
A nonce is a unique number that is used in cryptographic hash puzzles. The term “nonce” is derived from the phrase “number used only once.”
SegWit, or Segregated Witness, refers to a change in Bitcoin’s transaction format that changes how transaction data is stored.
ERC-777 is one of many technical (or token) standards for fungible tokens located on the Ethereum blockchain.
A crypto IRA is an individual retirement account that has a certain set of cryptocurrencies in its portfolio.
FOMO is an acronym that stands for “fear of missing out.” Crypto traders use this term to describe the fear of missing an investment.
A blockchain ETF is an exchange-traded fund that consists of securities from companies dealing in blockchain technology.
ERC-1155 is a set of rules created to make the process of trading cryptocurrencies, NFTs, and tokens more efficient on the Ethereum blockchain.
DAI is a stablecoin created by MakerDAO, a decentralized lending and borrowing platform on the Ethereum network.