DeutschWhat Does DYOR Mean? Experts advise investors in the crypto world not to blindly believe all available information. Instead, anyone interested should do their own…
What is the Double Spending Problem? Double spending, in technical jargon, refers to the same units of a “digital” currency being spent twice. Such a…
What Does Dump Mean? A dump – i.e., a crash in prices – is achieved when many investors sell (digital) assets simultaneously and early. In…
What is an Early Adopter? An early adopter is a person or company that develops an interest in innovative products, assets, or technologies very early…
EIP-1559 is the name of an important Ethereum upgrade to make the fees in the Ethereum network (gas) more transparent. What is EIP-1559 (London Upgrade)…
Encryption describes the process of encrypting something. A blockchain is a special data structure with inherent security features. A blockchain is based on the principles…
Blockchain technology offers companies a variety of ways to optimize their business processes. It increases the security, transparency, and traceability of the data exchanged within…
What are ERC-20 Tokens? ERC-20 tokens are those digital currencies that are used in the Ethereum network. ERC-20 is (so far) a kind of gold…
ERC-721 tokens are NFTs (Non-Fungible Tokens). What are ERC-721 Tokens? ERC-721 tokens in the Ethereum blockchain can be assigned to the non-fungible token (NFT) category….
The English term Escrow can be translated into German as “Treuhand” (trusteeship). The translation as “Hinterlegung” (deposit) is also used. Accordingly, an escrow account is…
