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
Gas
A unit of measurement of the computational effort in conducting transactions or smart contracts on Ethereum blockchain.
Impermanent Loss
Temporary loss of funds due to volatility leading to divergence in price between token pairs provided by liquidity providers.
IYKYK
Abbreviation for: if you know you know. The phrase implies that the user has dropped some sort of insider knowledge about a specific experience. Often, the post will have some callback to a particular experience that will instantly stand out to those who are “in the know,” or ironically sharing commonly known information.
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.
Interested to stay up-to-date with cryptocurrencies?
Get the latest crypto news, updates, and reports by subscribing to our free newsletter.
Or check it out in the app stores
