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Blockchain & Crypto Glossary
Somnium Cube (CUBE) is an ERC-20 utility token that facilitates economic activity across the Somnium metaverse. CUBE is the equivalent of buying game tokens at an arcade as it allows you..
Solvency is the ability of an organization to meet its financial obligations from a regulatory and compliance standpoint. For GUSD, this means that the amount of USD maintained in a holding..
Solo mining is where you mine crypto on your own directly on the Proof-of-Work (PoW) blockchain you are mining on. While you don't have to pay any fees to solo mine and get to keep..
Solidity is the software development programming language designed specifically for Ethereum's blockchain framework. Solidity is an object-oriented programming language designed for building..
A solid-state drive (SSD) is an advanced type of computer storage device that is much faster than its traditional hard disk drive (HDD) counterpart because it uses flash memory instead..
Solana is a smart contract-enabled blockchain that aims to natively solve many of the scaling and throughput issues faced by other Layer-1 blockchain networks. SOL is the native coin..
A software wallet is a digital wallet which stores a user's public and/or private keys, thereby securing the user's digital assets. Since software wallets are essentially computer programs..
A software stack is a set of software components or subsystems that are used to build applications that operate on a computer network without requiring additional outside resources to run..
A software development kit (SDK) is a specialized suite of software development tools created in order to enable software engineers to create digital applications and perform other useful..
Software as a Service (SaaS) is a software licensing method whereby software is usually rented via a subscription-based service. SaaS is sometimes called "on-demand software" and is commonly..
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