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Blockchain & Crypto Glossary
A soft peg is a specific type of exchange rate model that is applied to a currency to maintain its value relative to a reserve currency or basket of currencies. In a blockchain context..
A soft fork is a software update of a blockchain network that is backward compatible, meaning that a piece of software which has undergone a soft fork remains interoperable with its older..
Soft cap refers to the minimum amount of funds that an upcoming blockchain enterprise wishes to raise via its initial funding round. A soft cap is usually speculative and arbitrarily..
Socios is a blockchain-enabled sports entertainment platform designed in the form of a mobile application. Socios works by allowing users to purchase CHZ — Chiliz' native token — which can..
A social token is a cryptocurrency, or crypto token, that is structured around a particular brand, community, or individual. Social tokens representing social media influencers and other..
A social impact fund is an investment fund that is designed to benefit the environment, humanitarian and social issues, and other related industries. Investors who contribute to social..
Social engineering is a broad term that encapsulates a wide array of techniques that exploit psychological factors – such as fear, trust, panic, lack of information, and confusion –..
Snowball is Avalanche's proprietary Proof-of-Stake (PoS) consensus mechanism. Snowball requires validator nodes within a subnet to repeatedly query each other to determine the validity..
In the context of blockchain, "snapshot" has several meanings. It usually refers to the capability to record the current state of a blockchain network during a certain time period..
SMS, or Short Message Service, is the main text messaging format employed by most mobile phones in the world. SMS makes use of standardized communication protocols that allow mobile devices..
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