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
Private Keys
The alphanumeric string which allows transactions from the cryptocurrency address
IEO
Initial Exchange Offering (IEO) is a spin-off of Initial Coin Offering (ICO), where the sale of tokens are conducted on an exchange rather than by the coin team themselves.
Proof of Work (PoW)
A consensus algorithm in which a block is validated via mathematical hashing
Gas Price
A term refers to the amount of price user is willing to pay for a transaction on Ethereum blockchain.
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