JavaScript libraries contain &ldquo;cheat codes&rdquo; that make the code more efficient.</p>\n<p>All computer code that programmers write is converted to <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-binary-code/">binary (lines of ones and zeros) once it&rsquo;s run on a machine. The processes of converting a high-level language (HLL) code into a binary file that a computer can run are complex and very fast.</p>\n<p>The HLL source code is compiled into <strong>assembly source code</strong>. The compilations are assigned unique symbols or relocation information.</p>\n<p>The assembly code is then converted into binary object files according to the relocation information assignments. The linker reads the relocation information and <strong>replaces the symbols with binary code</strong>, creating an executable file that a computer can read and process. This process of program interaction applies to the simplest lines of code.</p>\n<p>Libraries play an essential role in program development. Some, such as code generation, dynamic, and <strong>static libraries</strong>, are visible to the programmer working on the code. Such system libraries are known as shared since they can be used by several programs simultaneously.</p>\n<p>Code generation libraries are used to read external and internal configurations that are forwarded to the compiler. <strong>Dynamic libraries</strong>, also known as runtime libraries, are used during the processes of memory allocation and the program&rsquo;s interaction with the <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-operating-system-os/">operational system (OS)</strong></a>.</p>\n<p>Static libraries, known as <strong>compile-time</strong>, are used during the compilation process to detect relocation information and convert it to executable files.</p>\n<h2>Blockchain and Software Libraries</h2>\n<p>Software libraries play an essential role in the development of <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-blockchain/">blockchain-based systems. 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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":733,"original_id":null,"author_id":43,"translator_id":null,"title":"What is Scholarship/Scholar?","slug":"what-is-scholarship-scholar","section":"S","keyword":"Scholarship/Scholar","status":"published","definition":"A Scholarship is established when managers earn passive income by allowing new players, also known as scholars, to borrow Axies (digital pets) within the Axie Infinity video game.","content":"<p>A <strong>Scholarship</strong> is a term put forward by the top-ranking blockchain <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-liquidity/">play-to-earn video game Axie Infinity (AXS). It <strong>describes the practice when new Axie Infinity players, also referred to as scholars, seek out old players, sometimes referred to as managers, in order to borrow their free digital pets</strong>. The need for scholarships stems from the fact that in order to be able to play the game, the player needs to have three <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-non-fungible-token-nft/">non-fungible token (NFT)</strong></a> based digital pets.&nbsp;</p>\n<p>Axie Infinity (AXS) has similarities to the game that has taken the world by storm - Pok&eacute;mon Go. However, instead of collecting Pok&eacute;mons and entering duels, AXS players collect NFT digital pets. The players can receive rewards by participating in battle matches with their AXS pets.</p>\n<p>Currently, the game has over 2 million active users. It&rsquo;s extremely popular in the Philippines.</p>\n<p><strong>How does a scholarship work?</strong></p>\n<p>Managers lend their Axies to the new players so they can play the game and earn the in-game currency Smooth Love Potions (SLP) which can be traded directly for <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-fiat/">fiat money. Additionally, SLP allows players to breed their Axies which results in an increased number of them. These digital pets can also be sold to other players for profit.</p>\n<p>In order to receive a scholarship, new players have to find a guild that is participating in this program. Generally, every guild has its own criteria for choosing scholars. The next step is getting in touch with the guild&rsquo;s managers to show interest and motivation.&nbsp;</p>\n<p><strong>Whatever scholars earn while in possession of the manager&rsquo;s Axies is shared between both parties</strong>. The most popular ways of dividing earnings are 50/50, 60/40, or 70/30. The percentage is usually decided beforehand.&nbsp;</p>\n<p>Another reason why established players participate in this program is to make use of the large amounts of Axies that they&rsquo;re not able to use anyway. By providing scholarships to newer players they&rsquo;re able to bring into play every Axie that they&rsquo;re not using and earn passive income.</p>","level":"medium","meta_title":"What is Scholarship/Scholar? Definition & Meaning | Crypto Wiki","meta_description":"Scholarship/Scholar meaning: Scholarship/Scholar - A Scholarship is established when managers earn passive income by allowing new players, also known as scholars, to borrow Axies (digital pets) within the Axie Infinity video game.","meta_keywords":null,"language":"en","created_at":"2022-03-30T14:12:55.000000Z","updated_at":"2022-05-13T14:32:24.000000Z","preview_url":"https://www.bitdegree.org/crypto/learn/crypto-terms/what-is-scholarship-scholar"},"prevSection":{"id":731,"original_id":null,"author_id":41,"translator_id":null,"title":"What is Smart Home?","slug":"what-is-smart-home","section":"S","keyword":"Smart Home","status":"published","definition":"a range of digital appliances used to enhance household systems.","content":"<p>A <strong>smart home</strong> refers to a household that uses a system of appliances connected to the internet to manage chores or maintenance. Owners of smart homes can monitor and utilize the devices in their households remotely, even if they&rsquo;re in a different country. Smart homes are part of the interconnected global network known as the <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-internet-of-things/">Internet of Things (IoT)</strong></a>.</p>\n<p>Smart home appliances can help make many chores and household processes automatic. From setting up sprinklers or a robot lawnmower outside to scheduling the coffee machine and putting a timer on the lights &ndash; tedious tasks can be controlled by just opening an app on the phone or a computer and adjusting the settings.</p>\n<p>Smart home technology can be convenient and help <strong>improve the sustainability</strong> of your home. If you have to leave the house for a while, you can adjust the thermostat so you&rsquo;re not wasting heat and then turn it back on again right before you get home. Some smart home devices are even designed to be pet-friendly &ndash; like automatic feeders.</p>\n<p>They can also help save money in the long term. While some smart home devices can be on the pricier end, their utility pays off quite quickly. The ability to automatically control heating or power usage can help cut down the money spent on monthly bills.</p>\n<p>The goal of smart home technology is to simplify many aspects of our everyday lives. These appliances can not only help with household upkeep but also our overall routine, such as maintaining our schedules or preparing shopping lists. New types of smart home appliances seem to pop up on the radar on a near-daily basis.</p>\n<p>The simplicity of smart home devices is especially advantageous for the elderly or people with disabilities who may struggle with household chores and may require some assistance. Smart vacuum cleaners can help ensure that the house is clean while home assistants can be set up with regular reminders to take medications or to order grocery deliveries.</p>\n<h2>Types of Smart Home Appliances</h2>\n<p>There is a wide range of smart home appliances on the market, varying from tools dedicated to home security and garden maintenance to small devices that make life inside the house easier.</p>\n<h3>Home Security</h3>\n<p>Smart home <strong>cameras</strong> are among the most popular digital household appliances. Most smart cameras are &ldquo;sleeping&rdquo; until they detect movement on the radar. They transfer data directly to the phone so there&rsquo;s no need to dig through hours upon hours of tape footage.</p>\n<p>Some smart cameras come with a microphone and speaker options. So, if you have a parcel arriving while you&rsquo;re at work, you can tell the delivery person to leave it in a safe location near the house.</p>\n<h3>Smart Cleaners</h3>\n<p>Smart cleaners can be designed for both indoor and outdoor use. Smart lawn mowers can be programmed to the territory surrounding your household, ensuring every inch of the area is covered. You can schedule the frequency of mowing and save yourself the physical extortion of pushing forward a giant lawnmower.</p>\n<p>However, perhaps the best-known example of smart cleaners is a robot vacuum. They can be used to dry or wet clean your house depending on the surface and can even be scheduled to work while you&rsquo;re out of the house.</p>\n<h3>Smart Speakers</h3>\n<p><strong>Smart speakers</strong> might be the most recognizable example of smart home appliances. Amazon&rsquo;s Alexa and the Google Home Assistant are prime examples of smart speakers. They are devices that connect to the internet and complete tasks personalized to the preferences of the homeowner.</p>\n<p>Smart speakers are perhaps the ultimate tools to help simplify your life at home. Smart speakers can create a network connection with other smart devices at home, extending their functionality to a higher degree. Their utility is near-endless.</p>\n<p>By sending voice commands, you can adjust the lights, lower the thermostat, lock the door, pick your favorite playlist, set up your grocery list for the day, or even set up the order &ndash; just about any household task can be made easy with smart speakers.</p>\n<h2>Blockchain Technology in Smart Homes</h2>\n<p>Although IoT devices are growing increasingly popular, concerns regarding their security&nbsp;cannot be overlooked. There have been recorded instances of hackers gaining access to user data by breaking into the Internet of Things or Internet of Toys (also IoT) devices.</p>\n<p>To mitigate the risks associated with digital household appliances, more and more companies are implementing <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-blockchain/">blockchain technology</strong></strong></a>&mdash;particularly <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-smart-contract/">smart contracts</strong></a>&mdash;to reinforce security. Smart contracts are self-executing programs that contain the client command and require certain conditions to be met in order to function.</p>\n<p>Blockchain technology employs a network of <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-decentralized-network/">decentralized nodes, making it next to impossible to compromise the entire system. The anonymity provided by smart contracts means that hackers cannot trace the direction of the client message and are unable to compromise data.</p>","level":"hard","meta_title":"What is Smart Home? Definition & Meaning | Crypto Wiki","meta_description":"Smart Home meaning: Smart Home - a range of digital appliances used to enhance household systems.","meta_keywords":null,"language":"en","created_at":"2022-03-30T14:03:17.000000Z","updated_at":"2022-05-13T14:32:24.000000Z","preview_url":"https://www.bitdegree.org/crypto/learn/crypto-terms/what-is-smart-home"},"currentChapter":"S","currentSection":"what-is-software-library","chapterTitle":"S","readingLevel":"medium"},"url":"/crypto/learn/crypto-terms/what-is-software-library","version":"cdd198d50cbe5c9c21c9329d7c096ffc"}" class="container-fluid d-flex crypto-book p-0">
Crypto Terms: Letter S

What is Software Library?

Software Library MEANING:
Software Library - a collection of reusable code that can be applied to other program development projects.
Medium
2 minutes

Let's find out Software Library meaning, definition in crypto, what is Software Library, and all other detailed facts.

A software library is the collection of code elements, such as programming routines or snippets, that can be reused in the development of other software projects. The use of software libraries helps reduce the time spent developing new code and find shortcuts to simplify the programming process.

There are several different types of software libraries that focus on storing different elements of code. The purpose of a software library may depend on whether it’s dedicated to the front or back development, used for data manipulation, or is required for more general programming exercises.

The libraries vary depending on the programming language stored. CSS libraries store code related to design and web development, while JavaScript libraries contain “cheat codes” that make the code more efficient.

All computer code that programmers write is converted to binary (lines of ones and zeros) once it’s run on a machine. The processes of converting a high-level language (HLL) code into a binary file that a computer can run are complex and very fast.

The HLL source code is compiled into assembly source code. The compilations are assigned unique symbols or relocation information.

The assembly code is then converted into binary object files according to the relocation information assignments. The linker reads the relocation information and replaces the symbols with binary code, creating an executable file that a computer can read and process. This process of program interaction applies to the simplest lines of code.

Libraries play an essential role in program development. Some, such as code generation, dynamic, and static libraries, are visible to the programmer working on the code. Such system libraries are known as shared since they can be used by several programs simultaneously.

Code generation libraries are used to read external and internal configurations that are forwarded to the compiler. Dynamic libraries, also known as runtime libraries, are used during the processes of memory allocation and the program’s interaction with the operational system (OS).

Static libraries, known as compile-time, are used during the compilation process to detect relocation information and convert it to executable files.

Blockchain and Software Libraries

Software libraries play an essential role in the development of blockchain-based systems. The Ethereum blockchain is perhaps one of the most popular bases for creating blockchain projects. Various token standards, such as ERC-20 or ERC-721, are built on Ethereum and rely on libraries such as web3.js and ethereum.js to simplify the integration process.

The process of programming a blockchain from scratch is expensive, complicated, and requires a lot of time. Therefore, blockchain software libraries are used to optimize the process and code more efficiently.

The software libraries used in the Ethereum ecosystem employ the unique mechanics of smart contracts. These self-executing programs are used to simplify the development of blockchain-based solutions and promote the overall reusability of code stored in software libraries.