Definition of Interoperability

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.

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Related Terms

Dead Cat Bounce

Price rally that is short lived after a prolonged decline. Price charts will show a recovery in anticipation of a market turnaround only to decline further.

Automatic Replay Protection

Automatic Replay Protection refers to the upgrade implemented by Bitcoin Cash to stop the loss of funds from exchanges through replay attacks.

Decentralized

A system where there are no centralized points of failure or organization with no central authority figure.

Futures

An agreement between two counterparties that obligates them to transact in the future based on the contract terms set.

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