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
Second-Layer Solutions
Secondary network or framework built atop an existing blockchain to address transaction speed and scalability issues.
Pay-Per-Share (PPS)
You are compensated for each valid share that you contribute. Each share is worth a set amount of cryptocurrency that may be mined.
Yield Farming
Yield farming involves putting cryptocurrency into a DeFi protocol to collect interest on trading fees.
BUIDL
An advice for investors to contribute new projects on blockchain rather than holding cryptocurrencies and waiting for the price to increase
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