What is Blockchain?
Blockchain is a distributed ledger that cannot be altered or manipulated. Sets of data are recorded and packed into a “block.” Blocks are then connected (chained) to one another which creates a ledger
What is an API ?
An Application Programming Interface (API) is the means of communication between the user and the system. A user tells the system what it wants to do through the API, and the API sends that information to the system and brings back to the request to the user
What is an API Key?
An API Key allows a user to authenticate with an API
What is a Blockchain Transaction?
A blockchain transaction is the basis with which all events or data transfers recorded within a blockchain platform
What is a Transaction Type?
A transaction type is an entity that can store a transaction payload. This type must be registered before any actions can be performed. Transaction types also allow the whitelisting of data to be made public
What is a Payload?
When a transaction is created, the payload can be specified to deliver data to the chain for ledgering or use in a smart contract
What is a Proof Scheme?
A proof scheme is the mechanism used by a blockchain to prove block integrity, such as Proof of Work or Proof of Stake. Currently, Dragonchain only supports trust-based models that leverage cryptographic signatures
What is a Wallet Address?
A wallet address is a user’s digital account number for cryptocurrencies, which functions similarly to a bank account