Crypto Wiki

The blockchain trilemma refers to the challenge of achieving three key objectives in a blockchain network: decentralization, security, and scalability. 

A blockchain explorer is an online tool or application that allows users to view and search the blockchain’s public ledger. 

A block reward is the incentive given to miners or validators for successfully adding a new block to the blockchain. 

A blockchain bridge connects two separate blockchain networks, allowing assets, tokens, or data to be transferred between them. 

A blockchain is a decentralized and distributed ledger technology (DLT) that records transactions across a network of computers. 

BEP-2 is the token standard for issuing and implementing tokens on the Binance Chain, the original blockchain developed by Binance. 

BEP-20 is the token standard used on the Binance Smart Chain (BSC), and it functions similarly to Ethereum's ERC-20 token standard, which allows for the creation of fungible tokens. 

BEP-721 is the token standard for non-fungible tokens (NFTs) on the Binance Smart Chain (BSC). 

A Beta Release is an early version of software or an application that is made available to a select group of users for testing before its official release. 

The bid price in cryptocurrency trading refers to the highest price a buyer is willing to pay for a specific digital asset, such as Bitcoin or Ethereum.