Crypto glossary
Bit
A bit is the smallest unit of data in computers, representing a single piece of information, like a 0 or a 1.
Related Terms
- BEP-2 (Binance Chain Tokenization Standard)
BEP-2 is a set of rules for creating tokens on Binance Chain, which is a blockchain platform developed by Binance.
- BEP-20
BEP-20 is a token standard on the BNB Chain designed to work like ERC-20, allowing developers to create and manage tokens easily on this…
- BEP-721
BEP-721 is a token standard on the Binance Smart Chain that allows the creation of non-fungible tokens (NFTs), which are unique digital…
- BEP-95 (Bruno Hard Fork Upgrade)
BEP-95 is an upgrade to the Binance Smart Chain that makes the process of burning BNB tokens faster, helping to reduce the total supply of…
- BRC-20
BRC-20 is a new type of token standard on the Bitcoin blockchain, inspired by Ethereum's ERC-20. It allows for the creation and transfer of…
- BUIDL
BUIDL means to actively work on creating new blockchain projects instead of just holding cryptocurrencies and hoping their value goes up.