Understanding the Lightning Network
The Lightning Network is a second-layer protocol built on top of a blockchain, most notably used with Bitcoin
The Lightning Network is a second-layer protocol built on top of a blockchain, most notably used with Bitcoin
Gas represents the cost associated with performing actions on a blockchain network. It is designed to prevent spam and abuse by requiring users to pay for the resources they consume
In blockchain technology, a node refers to a computer or device that participates in the network by maintaining a copy of the entire blockchain
EOS is a cryptocurrency and blockchain platform that aims to provide a decentralized infrastructure for the development and execution of smart contracts and decentralized applications (DApps)
A full node, also known as a network node or simply a node, refers to a computer or device that participates in a peer-to-peer cryptocurrency network
DApp, short for Decentralized Application, refers to an application that operates on a decentralized network rather than a centralized server
In a 51% attack, an individual or a group gains control over the majority, or 51%, of the network’s hashing power. This formidable majority gives them the ability to manipulate the blockchain’s operations and undermine its integrity
A block header can be described as a compact summary of a specific block within a blockchain. It contains essential information that provides a unique identity to the block and establishes its position within the larger chain
A block can be thought of as a digital container that holds a collection of cryptocurrency transactions. It serves as a fundamental unit of data within a blockchain, a decentralized and transparent ledger that records all the transactions ever made in a particular cryptocurrency