CryptoUranus is a moderate review of crypto-Industry growth sectors providing user friendly translation for educational purposes only.
Thursday, May 6, 2021
DYOR: Defined in CryptoCurrency
DYOR: Defined in CryptoCurrency
DYOR short for Do Your Own Research and is defined as doing research before making an investment.
There are many manipulating people who urge others to buy a cryptocurrency so the price will rise and they can sell it for a profit.
DYOR is advice to do research studying websites, Reddit, forums, and more before making an investment.
Enterprise Ethereum Alliance [EEA]: Defined in CryptoCurrency
Enterprise Ethereum Alliance [EEA]: Defined in CryptoCurrency
Enterprise Ethereum Alliance also EEA are a group of organizations all working together to learn better ways to grow and build the cryptocurrency known as ethereum.
J.P. Morgan, Microsoft, Intel, Accenture, BP, and Credit Suisse were the founding members creating the Enterprise Ethereum Alliance (EEA) in February 2017.
In July 2017, the number of organizations in the EEA surpassed 150, pushing the EEA into the largest open-source blockchain initiative in the world. Newcomers included Cisco Systems and MasterCard among others.
EEA Specification 1.0 Document (Download Now)
EEA EXPANDS INTO ASIA WITH JAPAN OFFICE:
KAZUAKI ISHIGURO APPOINTED REGIONAL HEAD
(Read More)
Introducing Enterprise Ethereum Alliance:
The Enterprise Ethereum Alliance (EEA)
is the industry’s first global standards organization to deliver an
open, standards-based architecture and specification to accelerate the
adoption of Enterprise Ethereum.
The EEA’s world-class Enterprise
Ethereum Client Specification and forth-coming testing and certification
programs will ensure interoperability, multiple vendors of choice, and
lower costs for its members - the world’s largest enterprises and most
innovative startups.
For additional information about joining the EEA,
please reach out to: membership@entethalliance.org.
Trust, Privacy & Performance:
Ethereum's intrinsically
trusted system is the most promising solution for enterprise Blockchain
adoption, given its maturity and multi-purpose design. Privacy and
Performance improvements will be mandatory to achieve enterprise-ready
status and will be the focus of Enterprise Ethereum’s roadmap.
Community & Resources:
In partnership with the dedicated and robust Ethereum community, Enterprises are coming together to produce the industry standard, open source, free to use blockchain solutions that will be the foundation for businesses going forward.
Electrum Wallet: Defined in CryptoCurrency
Electrum Wallet: Defined in CryptoCurrency
The electrum wallet is a secure and free wallet that allows people to store bitcoin more quickly and easily. Bitcoin transactions are kept on a digital record, known as the blockchain, and is maintained by thousands of people around the world.
This digital record is growing larger every day and in 2016, it exceeded 100 gigabytes. A wallet is software that interacts with the network of recordings (blockchain) and lets users receive, store, and send their digital money.
The benefit of an electrum wallet is that it doesn’t have to download and maintain the entire massive blockchain file.
Emission: Defined in CryptoCurrency
Emission: Defined in CryptoCurrency
Emission, also known as Emission Curve, Emission Rate, and Emission Schedule is the speed at which new cryptocurrency coins are created and released.
Many cryptocurrencies are set up so that new coins are created on a regular basis, this can be measured by an emission rate. Sometimes a limit is placed on how many coins will ever be created, this is known as the max supply.
Some cryptocurrencies have no limit and so a small emission will continue, forever.
Encryption: Defined in CryptoCurrency
Encryption: Defined in CryptoCurrency
Encryption is the process of locking information in an unreadable form so it can be kept secret. Encryption has existed for thousands of years.
With the use of computers, encryption has become much more difficult to break without the code.
Escrow: Defined in CryptoCurrency
Escrow: Defined in CryptoCurrency
Escrow is a part of the transaction process where the buyer and seller store money or other valuables with a third-party to minimize risk.
The escrow service holds onto the valuables and won’t release it until the agreement has been met.
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