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Pulls?","featured_image_id":6555,"status":"published","chapter_id":7,"language":"en","order":10,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/how-to-avoid-rug-pulls-in-crypto","featured_image":{"id":6555,"uuid":"80cbed9d-3b4b-45d9-9a85-d2d8108c0f32","public_url":"https://assets.bitdegree.org/crypto/storage/media/how-to-avoid-rug-pulls.o.jpg","path":"crypto/storage/media/how-to-avoid-rug-pulls.o.jpg","original_path":"crypto/storage/media/how-to-avoid-rug-pulls.jpg","name":"how-to-avoid-rug-pulls.o.jpg","original_name":"how-to-avoid-rug-pulls.jpg","title":null,"alt":null,"width":768,"height":478,"disk":"spaces","status":"uploaded","readable_file_size":"111.99KB"},"youtube_video":null},{"slug":"how-to-avoid-crypto-taxes","title":"The Key Legal Techniques of Avoiding Crypto 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Terms","updated":false,"chapter":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters/crypto-101-glossary.jpg","chapter_simple":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters-simple/crypto-glossary-101.jpg","rating":100,"sections":["A","B","C","D","E","F","G","H","I","J","K","L","M","N","O","P","Q","R","S","T","U","V","W","X","Y","Z"]}],"nextSection":{"id":673,"original_id":null,"author_id":42,"translator_id":null,"title":"What is Scrypt?","slug":"what-is-scrypt","section":"S","keyword":"Scrypt","status":"published","definition":"an algorithm that is an alternative to Bitcoin's SHA-256 algorithm used in mining.","content":"<p>Scrypt is a <strong><a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-hash/">hashing algorithm</a></strong> that is an alternative to Bitcoin's <strong><a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-sha-256/">SHA-256 algorithm used in <strong><a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-mining/">mining. Though the difference is that Scrypt mining focuses more on memory than pure <strong><a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-central-processing-unit-cpu/">CPU power</a></strong>, with the goal of reducing <strong><a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-asic/">ASIC advantage and thereby increasing network participation and energy efficiency. <strong>It is simply a faster and easier algorithm than SHA-256.</strong></p>","level":"easy","meta_title":"What is Scrypt? Definition & Meaning | Crypto Wiki","meta_description":"Scrypt meaning: Scrypt - an algorithm that is an alternative to Bitcoin's SHA-256 algorithm used in mining.","meta_keywords":null,"language":"en","created_at":"2022-03-28T14:56:40.000000Z","updated_at":"2022-07-01T10:27:00.000000Z","preview_url":"https://www.bitdegree.org/crypto/learn/crypto-terms/what-is-scrypt"},"prevSection":{"id":670,"original_id":null,"author_id":43,"translator_id":null,"title":"What is Scaling Problem?","slug":"what-is-scaling-problem","section":"S","keyword":"Scaling Problem","status":"published","definition":"explains how blockchain transactions operate within constraints in regard to its effect on speed and costs.","content":"<p>The Scaling Problem reflects the limitations of blockchain technology. Specifically, the network's throughput. In essence, <strong>the scaling problem has a great impact on the speed and the costs of blockchain transactions.</strong></p>\n<p>It stems from the way that a <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-decentralized-network/">
decentralized network</strong></a> handles blocks of transactions that are tied to block sizes and time. It is time-consuming since it takes a significant amount of time to create a new block.</p>\n<p>This issue came to light when <a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/buy-bitcoin-btc/">Bitcoin users had to suffer through slow transfers and increased fees due to usage spikes.</p>\n<p>It’s important to keep in mind that <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-block-size/">block size</strong></a> and frequency are limited. However, it’s possible to expand it. This is how Bitcoin decided to tackle the scaling problem within its blockchain. <strong>Bitcoin increased the limit from one megabyte to two megabytes in 2015</strong>. </p>\n<p>This change received various reactions. <strong>The main critique was that Bitcoin’s protocol could eventually become centralized due to these kinds of modifications</strong>. This is derived from the fact that each block carries data, and the more transactions exist, the more data exists in each block. Over time it would result in unreasonable storage levels just to hold a copy of the full blockchain.</p>\n<p><strong>It became evident that a choice will have to be made whether to focus on scalability or decentralization</strong>. The users of <strong>Bitcoin voted for decentralization</strong>. It brought up some controversial opinions within the crypto community. </p>\n<p>In order to start scaling, a consensus must be reached between different network participants which can turn out to be a very laborious process. </p>\n<p><strong>One possible solution to this problem could be a <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-hard-fork-blockchain/">hard fork</a></strong>. This way the blockchain is split into two and continues to run with different upgrades.</p>\n<p>Ignoring the scaling problem will eventually lead to sluggish transaction speeds and increased fees. This is a guaranteed way to lose users in the long run and turn the blockchain stale. </p>","level":"medium","meta_title":"What is Scaling Problem? Definition & Meaning | Crypto Wiki","meta_description":"Scaling Problem meaning: Scaling Problem - explains how blockchain transactions operate within constraints in regard to its effect on speed and costs.","meta_keywords":null,"language":"en","created_at":"2022-03-28T14:29:34.000000Z","updated_at":"2022-05-13T14:32:23.000000Z","preview_url":"https://www.bitdegree.org/crypto/learn/crypto-terms/what-is-scaling-problem"},"currentChapter":"S","currentSection":"what-is-script","chapterTitle":"S","readingLevel":"easy"},"url":"/crypto/learn/crypto-terms/what-is-script","version":"cdd198d50cbe5c9c21c9329d7c096ffc"}" class="container-fluid d-flex crypto-book p-0"> Crypto Terms: Letter S
What is Script?
Script MEANING:
Script -
a list of commands that a particular software or scripting language executes.
Let's find out Script meaning, definition in crypto,
what is Script,
and all other detailed facts.
A script, or a computer script, is a list of commands that a particular software or scripting language executes. Scripts can be used to automate activities on a local computer or to create online web pages. The script’s instructions are saved in a file that might be executed consecutively by the operating system's command interpreter whenever the list name is typed into a command.
Some programming languages have been established as script languages. This includes Perl, REXX, and JavaScript. Script languages, are far easier to code than more structured and compiled languages like C and C++. However, since each command is handled by another program first, a script takes longer to run than a more structured program.
The main benefits of scripts:
- Since they are open-source, users can view and edit them whenever they need to.
- Scripts do not require the file to be compiled (though it can be if it’s needed).
- Scripts are simple to understand and write, as well as to transfer between operating systems.
- Scripts are significantly easier to write than genuine programs, and some people or businesses use scripts as a prototype for actual programs.
