Software Development Kit (SDK)
By Cryptomcmillan1 | Updated on May 24, 2020
It is a collection of software development tools in one package installation. It is designed to help developing applications for a specific device or operating system (OS). For example, you would like to build a wooden chair and you will require tools such as hammer and nails to put together pieces of woods to be a chair. Similar in developing an application, you will require tools to put it up together. Instead of hammer and nails, the sofrware development kit (SDK) contain necessary software tools for developers to build an application. One of the known SDK is Windows 10 SDK.
Related Terms
Consensus
Consensus is achieved in a blockchain system when all participants agree on the content of the next block that will be added onto the blockchain.
Arbitrage
A strategy where investors buy a currency in a market and sell it at a higher price in another market to gain profit.
Dump
A common term used to describe downward market movement, or to describe the action of selling an individuals holdings.
Halving
Event that serves to reduce in half the reward of the Proof-of-Work miners that operate in the blockchain network.
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