Remittances

Confirmation time refers to the amount of time it takes for a transaction to be verified and added to the blockchain.

Transaction volume represents the total number of transactions of a cryptocurrency traded within a specified time period.

A block producer is an entity responsible for generating and validating new blocks in a blockchain network.

A halving event is aimed at reducing inflation by lowering the amount of new coins created and cutting mining rewards in half.

Bridges are points that allow users to move between two different blockchains. They can be either centralised or decentralised.

In blockchain technology, a hashrate refers to the speed at which a computer can perform operations in the hashing algorithm.

A block reward is a form of incentive provided to miners or validators for successfully adding a new block to the blockchain.

In blockchain, a hash is the result of a cryptographic function that takes an input and produces a fixed-size string of characters.

A candidate block refers to a block that has been proposed by a participant in a blockchain network and is undergoing verification before being added to the blockchain.