Category a2z Crypto Explained

Non-Fungible Tokens are those crypto assets that are created to be unique because they represent something unique, like an artwork, a house, a movie ticket, or maybe a game pass.

STARK (Scalable Transparent Argument of Knowledge) is a cryptographic proof system used to prove the validity of computations in a secure, scalable, and efficient manner.

Verkle Trees improve Ethereum’s data storage mechanism, enhance scalability, efficiency, and performance than what Merkle Trees do.

Vector Commitments allows you to commit to a large data and prove the commitment without retrieving the entire dataset.

In crypto, futures are contracts between two groups of people with opposing market views (bullish and bearish).

A crypto custodian is an entity responsible for holding and securing digital assets such as Bitcoin, Ethereum, and other cryptocurrencies on behalf of individuals or institutions.

A cryptocurrency is a digital currency issued on a blockchain that can be exchanged for goods and services like a normal currency.

Token is a broad term in blockchain technology and is used to refer to any transferable asset that is present on the blockchain.

Coins are native to their respective blockchains, while tokens operate on secondary blockchains, often leveraging smart contracts or bridging mechanisms to facilitate their transfer and usage.