Interoperability
By Cryptomcmillan1 | Updated on May 24, 2020
Interoperability refers to the property of product/systems that are able to work with products/systems that are different without any restrictions. In the context of cryptocurrencies, it is commonly referred to as the ability for a blockchain to be able work with other blockchains.
Related Terms
Bots
Refers to software or programmes that automatically trade based on preset behaviours.
ERC-20
ERC-20 is one of the most widely used token standards in Ethereum to create fungible, exchangeable tokens.
Atomic SWAP
Atomic Swap refers to the exchange of cryptocurrencies that operate in different block chains without intermediaries.
Block Height
A number that is used to indicated the position of a particular block within a blockchain
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