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Peer-to-Peer
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What does Peer-to-Peer mean in crypto terms?
Peer-to-Peer (P2P) refers to a decentralized form of interaction that occurs directly between parties without the need for an intermediary or central authority. In the context of blockchain and cryptocurrencies, P2P networks facilitate transactions and communication directly between users, enabling more privacy, autonomy, and reduced costs compared to traditional centralized systems. P2P platforms are commonly used for trading cryptocurrencies, file-sharing, and decentralized finance (DeFi) applications.
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A Multisignature Wallet, or multisig wallet for short, is a digital wallet designed to enhance security through the requirement of multiple signatures to authorize a transaction.
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Hash Rate
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51% Attack
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Replay Attack
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Side Chain
A Side Chain is a separate blockchain that operates alongside a parent blockchain, enabling enhanced functionality or value.
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Time Lock
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Zero-Knowledge Proof
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