Software Development Kit (SDK)
By Cryptomcmillan1 | Updated on May 24, 2020
It is a collection of software development tools in one package installation. It is designed to help developing applications for a specific device or operating system (OS). For example, you would like to build a wooden chair and you will require tools such as hammer and nails to put together pieces of woods to be a chair. Similar in developing an application, you will require tools to put it up together. Instead of hammer and nails, the sofrware development kit (SDK) contain necessary software tools for developers to build an application. One of the known SDK is Windows 10 SDK.
Related Terms
Zero Knowledge Proof
Cryptographic proof for 2 parties to verify a value without revealing what the value is.
Impermanent Loss
Temporary loss of funds due to volatility leading to divergence in price between token pairs provided by liquidity providers.
Buy/Sell Tax
On-chain buy or sell tax rate where a percentage of the tokens bought/sold will be transferred to a set address.
Side Chain
A separate blockchain ledger that runs parallel with the primary blockchain.
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