Nonce
By CoinGecko | Updated on May 31, 2021
In cryptography, Nonce is an abbreviation for the term ‘number only used once’ It is similar in spirit to a nonce word, hence the name. It is often a random or pseudo-random number issued in an authentication protocol to ensure that old communications cannot be reused in replay attacks It is of vital importance next to the hash in the verification of data from the Bitcoin blockchain network.
Related Terms
Shilling
One who poses as a enthsiastic customer to swindle others as a form of covert advestising.
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BUIDL
An advice for investors to contribute new projects on blockchain rather than holding cryptocurrencies and waiting for the price to increase
Application Programming Interface (API)
It is a software that acts like an intermediary or a bridge that lets two applications talk to each other. It is the one that lets applications, data and devices interact.
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