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
Gas Limit
A term refers to the maximum amount of units of gas user's willingness to spend on a transaction on Ethereum blockchain.
Mining
It is the process of the miners verify and adding transaction recors into a block.
Crowdsale
This type of auction has a fixed price per token that is sold on a first-come-first-serve basis.
Liquid Proof of Stake (LPoS)
A proof of stake consensus mechanism by Tezos that slightly differs from Delegated Proof of Stake.
Hungry for more knowledge?
Back to Glossary or Subscribe to our newsletter.