Non-custodial
By CoinGecko | Updated on Mar 03, 2020
It is a decentralized type-of-wallet, where the users owns its private keys. Having the private keys equals to you owning full control of your funds but the danger is if you lose your private keys, you will lose your funds forever.
Related Terms
State Channel
Secondary payment channel occuring off-chain
Second-Layer Solutions
Secondary network or framework built atop an existing blockchain to address transaction speed and scalability issues.
Block Confirmation
Refers to the number of confirmation a particular block has. Each block ahead of the referenced block adds one block confirmation to it.
zkOracle
A zkOracle is an advanced concept in blockchain technology that combines the properties of oracles with the principles of zero-knowledge proofs.
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