Prisoner's Dilemma
Why would two individuals refuse to cooperate, even if it may appear to be in their best interest?
Find out now!
https://binance.vision/glossary/prisoners-dilemma
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Why would two individuals refuse to cooperate, even if it may appear to be in their best interest?
Find out now!
https://binance.vision/glossary/prisoners-dilemma
Stay informed with @BinanceAcademy's #DailyByte
Binance Academy
Prisoner's Dilemma - Definition | Binance Academy
Prisoner's Dilemma | Definition: An example that shows why two individuals might not cooperate, even if it may appear to be in their best interest.
InterPlanetary File System (IPFS) aims to surpass HTTP and build a better web.
Learn about IPFS in our quick summary.
https://www.binance.vision/glossary/interplanetary-file-system-ipfs
Stay informed with @BinanceAcademy's #DailyByte
Learn about IPFS in our quick summary.
https://www.binance.vision/glossary/interplanetary-file-system-ipfs
Stay informed with @BinanceAcademy's #DailyByte
Binance Academy
InterPlanetary File System (IPFS) | Binance Academy
InterPlanetary File System (IPFS) | Definition: An open-source project building a protocol for distributed content storage and access.
Immutable transactions make it impossible for any entity to manipulate, replace, or falsify data stored on a network.
Learn about Immutability in our quick summary
https://binance.vision/glossary/immutability
Stay informed with @BinanceAcademy's #DailyByte
Learn about Immutability in our quick summary
https://binance.vision/glossary/immutability
Stay informed with @BinanceAcademy's #DailyByte
Binance Academy
Immutability - Definition | Binance Academy
Immutability | Definition: The inability to change or be changed. One of the core features behind Bitcoin and blockchain technology.
Return on Investment (ROI) is measure used in order to assess the efficiency of an investment.
ROI, however, does have limitations.
Read about the limitations of ROI in our quick summary
https://www.binance.vision/glossary/return-on-investment
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ROI, however, does have limitations.
Read about the limitations of ROI in our quick summary
https://www.binance.vision/glossary/return-on-investment
Stay informed with @BinanceAcademy's #DailyByte
Binance Academy
Return on Investment (ROI) | Binance Academy
Return on Investment (ROI) | Definition: A measure used in order to assess the efficiency of an investment. The ratio between net profit and net cost.
An oracle is basically a data source that is used as a bridge between smart contracts and other external sources.
What are oracles used for?
Read more in our quick summary.
https://www.binance.vision/glossary/oracle
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What are oracles used for?
Read more in our quick summary.
https://www.binance.vision/glossary/oracle
Stay informed with @BinanceAcademy's #DailyByte
Binance Academy
Oracle | Binance Academy
Oracle | Definition: A data source or feed from a third party used for determining outcomes for smart contracts.
The law of demand is a fundamental principle of economics and it's vital to understand as an investor.
Learn about the law of demand in our quick summary!
https://www.binance.vision/glossary/law-of-demand
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Learn about the law of demand in our quick summary!
https://www.binance.vision/glossary/law-of-demand
Stay informed with @BinanceAcademy's #DailyByte
Binance Academy
Law of Demand | Binance Academy
Law of Demand | Definition: The law of demand relates to the willingness of consumers to buy a specific amount of goods or services for a particular price.
High-Frequency Trading can improve market conditions as it provides a constant stream of liquidity.
Learn more about High-Frequency Trading
https://www.binance.vision/glossary/high-frequency-trading-hft
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Learn more about High-Frequency Trading
https://www.binance.vision/glossary/high-frequency-trading-hft
Stay informed with @BinanceAcademy's #DailyByte
Binance Academy
High-Frequency Trading (HFT) - Definition | Binance Academy
High-Frequency Trading (HFT) | Definition: A type of algorithmic trading that involves the execution of a large number of orders in fractions of a second.
A trustless system means that the participants involved do not need to know or trust each other or a third party for the system to function.
Read more about trustless in our quick summary.
https://www.binance.vision/glossary/trustless
Stay informed with @BinanceAcademy's #DailyByte
Read more about trustless in our quick summary.
https://www.binance.vision/glossary/trustless
Stay informed with @BinanceAcademy's #DailyByte
Binance Academy
Trustless | Binance Academy
Trustless | Definition: No single entity has authority over the system and consensus is achieved between participants who do not have to trust each other.
Non Fungible Tokens (NFTs) can be used by decentralized applications (DApps) to allow for the creation and ownership of unique digital items and collectibles.
Want to learn more about NFTs?
https://www.binance.vision/glossary/non-fungible-token-nft
Stay informed with @BinanceAcademy's #DailyByte
Want to learn more about NFTs?
https://www.binance.vision/glossary/non-fungible-token-nft
Stay informed with @BinanceAcademy's #DailyByte
Binance Academy
Non-fungible Token (NFT) | Binance Academy
Non-fungible Token (NFT) | Definition: A type of cryptographic token that represents a unique digital or real-world asset and isn't interchangeable.