ECB is the acronym for European Central Bank. The ECB is the Central Bank for the Eurozone. Therefore, it is in charge of issuing the new currency for the member countries. It is also controls the monetary policy in order to achieve the inflation target of 2% in the long term.« Back to Glossary Index
Staking is the process of maintaining the cryptocurrencies blocked into the blockchain to obtain rewards. In networks under the PoS protocol, nodes need to stake to validate new transactions, and for that they are rewarded. This process is similar to Holding, but through Staking, the cryptocurrencies are not tradable.
The payment channels are the system used to register transactions between two users of a blockchain without overloading the network. These transactions are bilateral and, when they have finished, the channel is closed and its final state is sent to the blockchain. Therefore, this system allow a much better scalability for the network. One of […]
A tax haven is a place where taxes are very low or even non-existent. Tax havens are not illegal, but they are not ethically well-regarded. Their main objective is usually to attract foreign capital. In fact, these countries are often the destination of criminal activities such as money laundering. As a result, many countries take […]