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Soft Cap

The Soft Cap refers to the minimum amount an ICO needs to raise. If the soft cap is not met the ICO is usually cancelled and any funds already collected…

Soft Fork

A soft fork differs from a hard fork because it is backwards compatible, and so it doesn’t create a new blockchain when implemented. You can think of it as being…

Softfork

A softfork is a rule change that tightens the rules of the network. All blocks created under this new ruleset are accepted by nodes following the old ruleset, but not…

Software Wallet

Storage for crypto-currency that exists purely as software files on a computer. Creating a wallet means you have already created an address which represents your “ID”. You can use your…

Solidity

Solidity is the programming language used to write smart contracts for the Ethereum blockchain. It is similar to Javascript in many ways.

Solo Mining

Solo mining means an entity is not part of a pool but instead attempts to mine full blocks itself. Due to Bitcoin’s enormous hash power and the luck involved in…

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