BUIDL
By Cryptomcmillan1 | Updated on May 24, 2020
An extension to the term "hodl" that originated in December 2013 in Bitcoin forums, buidl is also misspelled on purpose from the word "build".
Generally used within cryptocurrency communities to indicate that work is being done to better the cryptocurrency space through new products and innovations.
Related Terms
Validator
A block-signing participant of a Proof of Stake blockchain network, whom have significant tokens staked on the network.
Ethereum Virtual Machine (EVM)
Ethereum Virtual Machine (EVM) is the environment in which all smart contracts are executed.
Protocol
The set of rules in a network in which participating members comply to allow proper communication.
Delegated Proof-of-Stake (dPOS)
A consensus mechanism where selected members of a network are voted as delegates to validate transactions and produce blocks on a blockchain.
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