Decentralized Exchange (DEX)

Decentralized Exchange (DEX)

Peer-to-peer cryptocurrency trading platform using smart contracts, without centralized custody of funds.

Пов’язані терміни

DApps

Decentralized applications running on blockchain networks, typically using smart contracts and offering trustless, permissionless services.

DeFi

Decentralized Finance; blockchain-based financial services (lending, borrowing, trading) operating without traditional intermediaries.

Decentralization

Distribution of control and data across a peer-to-peer network, eliminating single points of failure or authority.

Desktop Wallet

Cryptocurrency wallet software installed and running on a personal computer.

Difficulty Adjustment

Periodic recalibration of mining difficulty (every 2016 blocks in Bitcoin, ~2 weeks) to maintain consistent block times despite changes in total hashrate.

Double Spend

Malicious attempt to spend the same coins twice; prevented by blockchain consensus mechanisms.

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