Showing posts from March 24, 2022

What BUIDL means?

Similar to HODL, but BUIDL is with more passion. It refers to contributing to the blockchain eco rather than HODL passively.

What is EOS coin?

EOS.IO is software that introduces a blockchain architecture designed to enable vertical and horizontal scaling of decentralized applications (the “EOS.IO Software”). This is achieved through an operating system-like construct upon which applications can be built.

BABI-Babylons Info

Babylons is the first community-governed NFT marketplace and the leading blockchain game aggregator on BSC, with its 100+ gaming partners and a young and active following of GameFi enthusiasts. For its gaming partners, Babylons offers Initial NFT Offering (INO) hosting and secondary sales services tailored to their exact needs. Babylons has a vibrant gaming community that is eager to participate in new gaming projects' private, public token offerings & IDOs; while the platform aims to democratize this process with its innovative mechanisms. Babylons' developers are some of the best in the industry, and the platform provides Blockchain as a Service (BaaS) solutions to many of its partners. Babylons provides SDKs, Whitelabel NFT marketplaces, token, and NFT multi senders to its partners as BaaS solutions. We receive payments with BABI for such services. Last but not least, Babylons recruited a game development team consisting of 7 people in order to develop its own blockchain

What is LTO token?

  LTO Network is a hybrid blockchain for securing, verifying and exchanging business critical information.

The Impossible Triangle

In the distributed area, the impossible triangle refers to partition tolerance, availability, and consistency. Theoretically, a blockchain cannot satisfy three angles at the same time. It must improve the index of the other two angles at the expense of one certain angle.

Big Pie

A Chinese saying of BTC.

Bytom Blockchain Protocol

It is an interactive protocol of multiple byte assets. Heterogeneous byte-assets (indigenous digital currency, digital assets) that operate in different forms on the Bytom Blockchain and atomic assets (warrants, securities, dividends, bonds, intelligence information, forecasting information and other information that exist in the physical world) can be registered, exchanged, gambled, and engaged in other more complicated and contract-based interoperations via Bytom.

Bitcoin Gold

It is a new token created by a hard fork of the original open-source cryptocurrency which took place on October 24, 2017, with a total issue amount of 21 million.

Bounce Back

It is a word which can be used to describe both the stock market and cryptocurrency market when the price of an asset keeps declining, but turns to rise again.

Block Trading

It refers to the large volume trading.

Block Height

The number of blocks within the blockchain from its genesis block.

What is Block Reward?

In a blockchain, a block reward is an amount of cryptocurrency rewarded to miners when they successfully validate a new block. For different coins, their block reward is not the same. It is the main part of revenue for miners and a common way of issuance for some cryptocurrencies. Features 1.In a blockchain network, the rewarded cryptocurrency can be circulated as a token. 2.The first miner who validates a new block can be rewarded, which represents the decentralized issuance of cryptocurrency. 3.The block reward is based on consensus mechanisms and its amount is not subject to fluctuation in the price of the cryptocurrency. However, to prevent hyperinflation, halving will occur in the block reward of some coins. The Amount of Block Reward The amount of block reward is not fixed although it is not subject to fluctuations in the price of the cryptocurrency. Once all the coins have been issued, the block reward of a cryptocurrency will be zero as the reward is related to its total supply


When a traders believe that an asset will drop in value, he or she is “bearish“ on the asset.

What is Black Swan Event?

A black swan is an unpredictable event that is beyond what is normally expected of a situation and has severe consequences. The name originated from the 18th century in Europe, where everyone reckoned that swans were all white. Hence, when the black swan was found by the European in Australia, it greatly changed their perspective. This concept was later applied to the financial field, such as the black swan events of the gold market from 1933 to 1934 when the American president Roosevelt announced citizens were banned to privately hold the gold, resulting in the immense depreciation of US dollars. Characteristics Black Swan Events have three major characteristics, including: 1. The event is beyond what is normally expected of a situation and has surprising consequences. People are commonly unable to think out of the box once they form an opinion based on rigidity, which may lead them to directly ignore or deny the events with extremely low probability. Therefore, when there is a Black

Bear Market

It refers to a gloomy and negative market condition.

What is Bull Trap Means?

It refers to the inaccurate signal that indicate market price increases but in fact, the price will continue to decrease.

Bear Market

It refers to a gloomy and negative market condition.

Bull Trap

It refers to the inaccurate signal that indicate market price increases but in fact, the price will continue to decrease.

Bull Market

Refers to the positive market trend.

Bitcoin Pizza Event

It is an event that took place on May 22, 2010. A programmer working in Florida ordered 2 pizza with 10,000 Bitcoin, while the price of Bitcoin surged over 20,000 worth of US dollars after 8 years. Later on, the date “May 22“ was set to celebrate the creation of the new payment method.

What is Bullish Means?

When a trader believes that an asset will rise in value, he or she is “bullish“ on the asset.

Brute Force Attack

  It refers to a method in cryptography which obtains information such as passwords by trying all the possible answers. E.g. If a user‘s password is a combination of three digits, to Brute-Force attack the password, all the possible 3-digits combinations using number 0-9 should be tried out until the correct password is found.

Byzantine Generals Problem

Definition The Byzantine Generals Problem was first proposed by Leslie Lambert in his paper on the problem of the fault tolerance of communication in a distributed peer-to-peer network, in 1982. During the communication of a distributed , problems occurred in certain parts of the network can cause the computer to send faulty messages, damaging the consistency of the entire . Essentially, The Byzantine Generals Problem is the problem of consensus in peer-to-peer communication. Origin The Byzantine Generals Problem originated from the middle ages. The Byzantine Empire had a vast territory; therefore, messengers were the only way for communications between armies. If the traitorous generals or compromised messengers deliver the wrong message, the armies could not reach an agreement on a common plan of action. There are two ways to solve this problem. One is to send messengers using oral messages to reach an agreement where the minority should obey the majority. However, it is very difficu