logo

Chain Link

Chain Link refers to decentralised computer nodes that provided much-needed data and information for blockchain smart contracts. Chain linking occurs when you transfer one cryptocurrency to another. Each cryptocurrency is lodged on its own blockchain and they must be linked in order to facilitate this transaction.

Share this term

Automated Market Maker (AMM)

AMM is an automated system that manages and provides liquidity to validators in a liquid pool. With AMMs, users can trade directly from their wallets without needing a centralized intermediary, and liquidity providers earn fees by depositing their assets into these pools. AMMs play a crucial role in decentralized finance (DeFi) by providing liquidity and facilitating automated and permissionless trading.

See full definition

Automatic Replay Protection

A protective mechanism implemented by Bitcoin Cash Developers to protect against replay attacks. A replay attack is when hackers intercept sensitive information and manipulate the information to steal funds. In essence, Automatic Replay Protection is a security feature that helps prevent accidental or malicious duplication of transactions across different networks or chains.

See full definition

Crypto scoop

Sign up for our weekly newsletter

Stay informed with the latest updates to buy, sell, and store your crypto on the go.

phone

Download the Yellow Card app

Start trading crypto with ease

Get the Yellow Card app to buy, sell, and store your crypto on the go.

footer logo
[email protected]

© 2024. Yellow Card Academy

Visit our website
Explore
Collections
Community