Crypto Terms:
Letter A
What is Airnode?
Meaning:
Airnode -
API gateway that acts as the Web3 oracle solution. It can link web APIs to blockchain applications.
Let's find out Airnode meaning, definition in crypto, what is Airnode, and all other detailed facts.
Airnode is an open-source Web3 API middleware – a type of software that allows web APIs to easily connect to blockchain applications. Many API providers have issues adapting their services to Web 3.0 — decentralized internet, seen as the next stage of the network evolution.
Blockchain-based smart contracts cannot be linked to APIs that have access to real-world data directly because this data is not available on said blockchain. In order to patch this issue and bind blockchain with real-world data, solutions known as oracles are used.
Airnode is a type of oracle solution for Web 3.0. The API is maintenance-free and does not require a server. It is capable of linking all web APIs with all blockchain applications. Unlike traditional oracle solutions, Airnode does not require third-party interference.
Furthermore, third-party oracle services demand users to pay a set fee in order to access their services and connect to the blockchain. Airnode allows users to build a bridge to blockchain applications while maintaining full revenue. The end-user is in full control of their connectivity to the blockchain.
ETH when the ten-day moving average exceeds the 30-day moving average, and sell when it falls below the 30-day moving average.<\/p>\n<p>This is a very simple example, nonetheless, algo-trading can get way more complicated involving several regulations and conditions to develop a formula for gainful trading.<\/p>\n<p>Algorithmic trading also provides <strong>faster and easier order execution<\/strong>, making it appealing for exchanges. As a result, traders and investors may swiftly record profits on modest price movements. It can be fitting for several different trading strategies.<\/p>\n<p><a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-market-maker-market-taker/">Market makers<\/strong><\/a> utilize algo-trading to ensure that the market has an acceptable depth of liquidity. <strong>Short-term traders and scalpers<\/strong>, on the other hand, employ algo-trading to ensure they can trade at a high enough frequency to be beneficial while minimizing the risk of loss.<\/p>\n<p>Algo-trading is also useful for backtesting a particular procedure in order to check if it’s able to return a consistent profit. However, there are some risks that can come with algorithmic trading, such as service interruptions or system outages.<\/p>\n<p>There isn’t any guarantee that there will be no errors since the algorithm is developed by humans. That’s the reason double-checking is a crucial factor to make sure that the algorithm doesn’t do anything out of the ordinary.<\/p>","definition":"a way of carrying out orders that uses automated and pre-programmed trading instructions to take factors like price, timing, and volume into account.","status":"published","meta_title":"What is Algo-Trading (Algorithmic Trading)? Definition & Meaning | Crypto Wiki","meta_description":"Algo-Trading (Algorithmic Trading) meaning: Algo-Trading (Algorithmic Trading) - Algo-trading is a method of executing orders that make use of automated and pre-programmed trading instructions in order to account for variables such as price, time, and volume.","meta_keywords":null}"
:prev-section="{"id":17,"wikipedia_url":"https:\/\/en.wikipedia.org\/wiki\/Airdrop_(cryptocurrency)","level":"easy","author_id":1,"created_at":"2023-06-19T06:58:58.000000Z","updated_at":"2023-11-06T16:30:44.000000Z","slug":"what-is-airdrop","title":"What is Airdrop?","section":"A","keyword":"Airdrop","content":"<p><strong>Airdropping is<\/strong> <strong>a marketing method to distribute crypto assets to the public as an incentive<\/strong> if they own other tokens or have a wallet on a specific blockchain. This can be seen as a promotional act within the community of a certain <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-blockchain/">blockchain. The goal is to attract new users to the blockchain network that hosts the asset.<\/p>\n<p>Normally, in order to participate in an airdrop, users must hold a specific amount of tokens in a <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-wallet/">crypto wallet<\/strong><\/a> that can be publicly discoverable. This has to transpire within a specific time window, known as <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-snapshot/">snapshot time<\/strong><\/a>. The project handling the airdrop uses the snapshot and distributes the tokens among the users.<\/p>\n<p><strong>Airdrops allow users to add variety to their cryptocurrency portfolios. <\/strong>Furthermore, as an advertisement campaign, it informs the inner community, as well as prospective token holders, about the asset. Some of the common airdrop reward conditions include social media shares, active referrals, and downloading the app of the blockchain project.<\/p>","definition":"a marketing campaign designed to distribute a certain cryptocurrency or token as a participation incentive.","status":"published","meta_title":"What is Airdrop? Definition & Meaning | Crypto Wiki","meta_description":"Airdrop meaning: Airdrop - a marketing campaign designed to distribute a certain cryptocurrency or token as a participation incentive.","meta_keywords":null}"
:model="{"id":20,"wikipedia_url":"https:\/\/en.wikipedia.org\/wiki\/Blockchain_oracle","level":"easy","author_id":1,"created_at":"2023-06-19T06:58:58.000000Z","updated_at":"2023-11-06T16:33:24.000000Z","slug":"what-is-airnode","title":"What is Airnode?","section":"A","keyword":"Airnode","content":"<p><strong>Airnode<\/strong> is an <strong><a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-open-source/">open-source Web3 API middleware<\/strong> – a type of software that allows <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-api/">web APIs<\/strong><\/a> to easily connect to blockchain applications. Many API providers have issues adapting their services to <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-web-3-0/">Web 3.0<\/strong><\/a> — decentralized internet, seen as the next stage of the network evolution.<\/p>\n<p><strong>Blockchain-based <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-smart-contract/">smart contracts<\/a><\/strong> cannot be linked to APIs that have access to real-world data directly because this data is not available on said <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-blockchain/">blockchain. In order to patch this issue and bind blockchain with real-world data, solutions known as <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-oracles/">oracles are used.<\/p>\n<p>Airnode is a type of oracle solution for Web 3.0. The API is maintenance-free and does not require a server. It is capable of <strong>linking all web APIs with all blockchain applications<\/strong>. Unlike traditional oracle solutions, <strong>Airnode does not require third-party interference<\/strong>.<\/p>\n<p>Furthermore, third-party oracle services demand users to pay a set fee in order to access their services and connect to the blockchain. Airnode allows users to build a bridge to blockchain applications while maintaining full revenue. The end-user is in full control of their connectivity to the blockchain.<\/p>","definition":"API gateway that acts as the Web3 oracle solution. It can link web APIs to blockchain applications.","status":"published","meta_title":"What is Airnode? Definition & Meaning | Crypto Wiki","meta_description":"Airnode meaning: Airnode - API gateway that acts as the Web3 oracle solution. It can link web APIs to blockchain applications.","meta_keywords":null,"author":{"id":1,"user_id":1,"created_at":"2023-05-03T14:30:55.000000Z","updated_at":"2023-05-11T07:18:20.000000Z","title":"Editor-In-Chief","slug":"aaron-s-editor-in-chief","description":"<p>Having completed a Master’s degree on Economics, Politics & Culture for the East Asia region, Aaron has written scientific papers with a comparative analysis of the differences between US’ Western and Japan’s Collective forms of capitalism, 1945-2020.<\/p>\n<p>With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.<\/p>\n<p>Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.<\/p>\n<p>Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.<\/p>","user":{"id":1,"first_name":"Aaron","last_name":"S.","email":"aaron@bitdegree.org","email_sanitized":"aaron@bitdegree.org","email_verified_at":"2023-12-01T09:40:20.000000Z","must_verify_email":false,"is_registered_with_wallet":false,"status":"active","country":"LT","last_connected_ip":"88.119.132.125","image_id":2641,"referral_token":"05TMu2NysXOCn525","referred_by":null,"created_at":"2023-05-03T14:30:55.000000Z","updated_at":"2024-01-09T15:22:21.000000Z","full_name":"Aaron S."}}}"
:chapter-list="[{"id":1,"title":"Blockchain","slug":"blockchain","updated":null,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-blockchain.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/blockchain-101.jpg","rating":100,"sections":[{"chapter_id":1,"order":1,"slug":"what-is-blockchain","title":"What is the Blockchain?","status":"published","modified_content":null},{"chapter_id":1,"order":2,"slug":"decentralized-blockchain","title":"Anonymous & Decentralized Blockchains: The Cornerstone of Crypto","status":"published","modified_content":null},{"chapter_id":1,"order":3,"slug":"blockchain-transaction","title":"What is a Blockchain Transaction in Crypto?","status":"published","modified_content":null},{"chapter_id":1,"order":4,"slug":"crypto-fees","title":"The Different Types of Crypto Fees Explained","status":"published","modified_content":null},{"chapter_id":1,"order":5,"slug":"what-is-bridging-in-crypto","title":"The Key Notion Behind the Concept of Bridging in Crypto","status":"published","modified_content":null},{"chapter_id":1,"order":6,"slug":"types-of-blockchains","title":"Different Types of Blockchains: What to Look Out For?","status":"published","modified_content":null}]},{"id":2,"title":"Cryptocurrencies","slug":"cryptocurrencies","updated":null,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-cryptocurrencies.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/cryptocurrencies-101.jpg","rating":100,"sections":[{"chapter_id":2,"order":1,"slug":"what-is-a-cryptocurrency","title":"What is a Cryptocurrency?","status":"published","modified_content":null},{"chapter_id":2,"order":2,"slug":"how-does-cryptocurrency-work","title":"How Does Cryptocurrency Work?","status":"published","modified_content":null},{"chapter_id":2,"order":3,"slug":"is-cryptocurrency-a-good-investment","title":"Is Cryptocurrency a Good Investment? The Pros & Cons","status":"published","modified_content":null},{"chapter_id":2,"order":4,"slug":"coin-vs-token","title":"Coin VS Token: How Do They Differ?","status":"published","modified_content":null},{"chapter_id":2,"order":5,"slug":"what-are-stablecoins","title":"What are Stablecoins, Altcoins & Wrapped Coins?","status":"published","modified_content":null},{"chapter_id":2,"order":6,"slug":"what-is-a-bitcoin","title":"Bitcoin: the Pioneer of the Crypto World","status":"published","modified_content":null},{"chapter_id":2,"order":7,"slug":"what-is-ethereum","title":"The Ultimate Blockchain for dApp Creation: Ethereum","status":"published","modified_content":null},{"chapter_id":2,"order":8,"slug":"what-is-cardano-in-crypto","title":"What is Cardano and What is It Used For?","status":"published","modified_content":null},{"chapter_id":2,"order":9,"slug":"what-is-shiba-inu-coin","title":"Shiba Inu: the Dogecoin 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current-chapter="A"
current-section="what-is-airnode">
