Second-Layer Solutions
By CoinGecko | Updated on Mar 03, 2020
A set of solutions built on top of a public blockchain to extend its scalability and efficiency, especially for micro-transactions or actions. Examples include: Plasma, TrueBit, Lightning Network, and more.
Related Terms
When Lambo
An expression used by investors to ask when the value of their investment could buy them a Lamborghini
Decryption
The process of decrypting data that was previously encrypted (made unreable) back to a readable form.
Daily Active Addresses (DAA)
On a blockchain, users interact with one another through their addresses, and daily active addresses (DAA) refers to the number of addresses which fulfills the defined activity parameter on a given blockchain.
Block Height
A number that is used to indicated the position of a particular block within a blockchain
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