Composability
By CoinGecko | Updated on Aug 13, 2021
Composability refers to the ability to combine different components of a software stack. A platform is composable if its current resources can be utilized as building blocks and programmed into more complex applications.
Related Terms
Nonce
Abbreviation for ‘number only used once’ It is of vital importance next to the hash in the verification of data from the Bitcoin blockchain network.
Blockchain
In Bitcoin's case, blockchain describes its decentralized, public ledger which contains transactional information.
Market Taker
Participant of the market who buys and sells from currently existing orders
Segregated Witness (SegWit)
A soft fork implementation to change the Bitcoin Protocol's transaction format to address Bitcoin's scalability issues whilst introducing new features.
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