Crypto Terms: Letter S

What is Software Library?

Meaning:

Software Library - a collection of reusable code that can be applied to other program development projects.

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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.

Operating systems (OS)<\/strong><\/a> within computers enable internet browsers to send and receive information in order to function properly. Furthermore, that same internet browser won’t be able to load websites without the web server.<\/p>\nBesides, you’re reading this because you have access to the internet. To browse the internet, you opened up a web browser such as Google Chrome or Apple Safari. These web browsers transfer information through the Internet Protocol (IP). The transmission control protocol (TCP) that’s within the IP suite continues to send over the information. The latter is within the Network Access Layer which is within the Ethernet. Every layer collaborates in order to perform its function. In this case, it’s to open the internet browser and load content. <\/p>\nThis means that each and every layer is connected and can easily send messages to each other. <\/p>\nThere are a lot of different software stacks on the market today. <\/p>\nThe most popular software development solution at the moment is the<\/strong> MEAN Stack. Its name is derived from MongoDB, Express, AngularJS, and Node.js - the main open-source technologies that this software stack utilizes. <\/p>\nA similar solution is the MERN Stack. It stands for MongoDB, Express, React, and Node.js. This software stack trades AngularJS for React. The development of applications is said to be much smoother with the MERN stack.<\/p>\nAnother well-known option is the LAMP Stack which facilitates Linux, Apache, MySQL, and PHP. All of these <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-open-source/">open-source technologies can be considered classics as they have been around for a long time. Over 25% of all websites have used LAMP. <\/p>\nNow, if you’re looking for the term software stack, you probably bumped into a similar term - a technology stack aka tech stack. The main area where the software stack and tech stack differ is their software components.<\/p>\nA tech stack has a much more limited number of components than a software stack. Generally, it includes the hardware, middleware, and an operating system (OS). While the software stack has a much broader list including databases, protocols, runtime environments, various programming languages, and many other components<\/strong>. <\/p>\nEssentially, a tech stack utilizes its technologies to build something for a company. For example, to develop new products or provide additional services.<\/p>","definition":"is a set of layers that work together during software development.","status":"published","meta_title":"What is Software Stack? Definition & Meaning | Crypto Wiki","meta_description":"Software Stack meaning: Software Stack - is a set of layers that work together during software development.","meta_keywords":null}" :prev-section="{"id":711,"wikipedia_url":"https:\/\/en.wikipedia.org\/wiki\/Fixed_exchange_rate_system","level":"medium","author_id":1,"created_at":"2023-06-19T06:59:00.000000Z","updated_at":"2023-12-17T12:20:02.000000Z","slug":"what-is-soft-peg","title":"What is Soft Peg?","section":"S","keyword":"Soft Peg","content":"To put things simply, a peg is a monetary policy instrument<\/strong> that enables a currency value to be set relative to another currency or asset. Pegging is utilized in cryptocurrency as a device to control stability in the market against price fluctuations. However, the soft peg approach is not the same as \"free-floating,\"<\/strong> in which a currency is not pegged to another currency.<\/p>\nThe Chinese Yuan<\/strong>, which was pegged to the US dollar from 1994 to 2005, is the most well-known soft-pegged currency. The Yuan's value was permitted to fluctuate within a small band around its predetermined target value under the soft-pegging method. In 2005, China revalued its currency, causing it to advance 2.1% versus the US dollar.<\/p>\nMoreover, the soft peg technique allows for minor variations in the value of the pegged currency and its peg<\/strong>. The <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-hard-peg/">hard peg<\/strong><\/a> technique, on the other hand, does not allow for any <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-volatility/">volatility, and the value of the pegged cryptocurrency is always proportional to its peg.<\/p>\nThe soft peg technique is an exchange rate mechanism used to maintain the value of a currency against a fixed currency or reserve currency. Besides soft peg, there are other techniques such as the above-mentioned hard peg or a flexible peg.<\/p>\nA soft peg approach has a number of advantages. Foreign currency markets can benefit from soft pegging in terms of stability and consistency<\/strong>. It is very useful to nations with incredibly volatile currencies or high <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-inflation/">inflation rates.<\/p>\nThe Chinese government used soft pegging to keep its economy stable throughout times of high inflation and to keep it from trading substantially less than its official exchange rate.<\/p>\nIn addition, soft pegs seek to address this issue by tightly connecting cryptocurrencies to more dependable <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-fiat/">fiat currencies<\/strong><\/a>, such as the US dollar or gold. Consumers will be able to utilize their crypto tokens in a similar way to regular cash by securing their value in this manner. <\/p>\nSoft pegs are popular in today's cryptocurrency exchanges. In comparison to conventional currencies such as the US dollar, <a href=https://www.bitdegree.org/"https:////www.bitdegree.org//crypto//buy-bitcoin-btc/">Bitcoin has traditionally been pretty unpredictable. It indicates that the value can go up and down dramatically at any time.<\/p>\nThis helps traders who wish to profit from short-term price changes, but it causes complications for individuals who wish to use their cryptocurrency as a daily means of payment.<\/p>\n<a href=https://www.bitdegree.org/"https:////www.bitdegree.org//crypto//buy-tether-usdt/">Tether is also an illustration of a cryptocurrency that has both hard and soft pegs<\/strong>. It has a hard peg of $1 and a soft peg that permits it to go up or down by 2%.<\/p>","definition":"a strategy of maintaining the value of a currency against a reserve currency by utilizing an exchange rate mechanism.","status":"published","meta_title":"What is Soft Peg? Definition & Meaning | Crypto Wiki","meta_description":"Soft Peg meaning: Soft Peg - is a strategy of maintaining the value of a currency against a reserve currency by utilizing an exchange rate mechanism.","meta_keywords":null}" :model="{"id":727,"wikipedia_url":"https:\/\/en.wikipedia.org\/wiki\/Software_Library","level":"medium","author_id":1,"created_at":"2023-06-19T06:59:00.000000Z","updated_at":"2023-12-17T12:26:37.000000Z","slug":"what-is-software-library","title":"What is Software Library?","section":"S","keyword":"Software Library","content":"A software library<\/strong> 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.<\/p>\nThere 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<\/strong>, used for data manipulation, or is required for more general programming exercises.<\/p>\nThe libraries vary depending on the programming language stored. CSS libraries store code related to design and web development, while <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-javascript/">JavaScript libraries contain “cheat codes” that make the code more efficient.<\/p>\nAll 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’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>\nThe HLL source code is compiled into assembly source code<\/strong>. The compilations are assigned unique symbols or relocation information.<\/p>\nThe 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<\/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>\nLibraries play an essential role in program development. Some, such as code generation, dynamic, and 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>\nCode generation libraries are used to read external and internal configurations that are forwarded to the compiler. Dynamic libraries<\/strong>, also known as runtime libraries, are used during the processes of memory allocation and the program’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>\nStatic libraries, known as 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>\nSoftware 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. The <a href=https://www.bitdegree.org/"https:////www.bitdegree.org//crypto//buy-ethereum-eth/">Ethereum blockchain<\/strong><\/a> is perhaps one of the most popular bases for creating blockchain projects. Various token standards, such as <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-erc-20/">ERC-20 or <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-erc-721/">ERC-721, are built on Ethereum and rely on libraries such as web3.js and ethereum.js to simplify the integration process.<\/p>\nThe process of programming a blockchain from scratch is expensive, complicated<\/strong>, and requires a lot of time. Therefore, blockchain software libraries are used to optimize the process and code more efficiently.<\/p>\nThe software libraries used in the Ethereum ecosystem employ the unique mechanics of <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-smart-contract/">smart contracts<\/strong><\/a>. These self-executing programs are used to simplify the development of blockchain-based solutions and promote the overall reusability of code<\/strong> stored in software libraries.<\/p>","definition":"a collection of reusable code that can be applied to other program development projects.","status":"published","meta_title":"What is Software Library? Definition & Meaning | Crypto Wiki","meta_description":"Software Library meaning: Software Library - a collection of reusable code that can be applied to other program development projects.","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":"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>\nWith 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>\nAaron 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>\nAaron 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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Standards","status":"published","modified_content":null},{"chapter_id":3,"order":5,"slug":"how-to-buy-crypto","title":"From Fiat to Crypto: How to Buy Crypto for the First Time","status":"published","modified_content":null},{"chapter_id":3,"order":6,"slug":"fiat-to-crypto","title":"Taking Profits: Turning Crypto Into Fiat","status":"published","modified_content":null},{"chapter_id":3,"order":7,"slug":"how-to-use-crypto","title":"You\u2019ve Got Crypto: What Can You Do With It?","status":"published","modified_content":null}]},{"id":4,"title":"Crypto Wallets","slug":"crypto-wallets","updated":false,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-crypto-wallets.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/crypto-wallets-101.jpg","rating":80,"sections":[{"chapter_id":4,"order":1,"slug":"what-is-a-crypto-wallet","title":"What is a Crypto Wallet?","status":"published","modified_content":null},{"chapter_id":4,"order":2,"slug":"hot-wallet-vs-cold-wallet","title":"Hot Wallet VS Cold Wallet: Which One to Pick?","status":"published","modified_content":null},{"chapter_id":4,"order":3,"slug":"non-custodial-wallet","title":"What are Non-Custodial Crypto Wallets?","status":"published","modified_content":null},{"chapter_id":4,"order":4,"slug":"what-is-metamask","title":"Metamask: The Leading Non-Custodial Wallet","status":"published","modified_content":null},{"chapter_id":4,"order":37,"slug":"how-safe-is-cryptocurrency","title":"The Key Crypto Wallet Safety Practices: How Safe Can Crypto Be?","status":"published","modified_content":null}]},{"id":5,"title":"NFTs","slug":"nfts","updated":null,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-nfts.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/nfts-101.jpg","rating":100,"sections":[{"chapter_id":5,"order":2,"slug":"how-to-trade-nfts","title":"NFT Trading: The Ins and Outs","status":"published","modified_content":null},{"chapter_id":5,"order":3,"slug":"buying-nft","title":"Tips and Tricks of Choosing the Right NFTs","status":"published","modified_content":null},{"chapter_id":5,"order":4,"slug":"how-to-store-nft","title":"How to Store NFTs: Best Practices","status":"published","modified_content":null},{"chapter_id":5,"order":5,"slug":"how-to-create-an-nft","title":"How to Create Your Own NFTs?","status":"published","modified_content":null},{"chapter_id":5,"order":6,"slug":"how-to-make-passive-money-with-nft","title":"Making Passive Money with NFTs","status":"published","modified_content":null}]},{"id":6,"title":"dApps & Defi","slug":"dapps-and-defi","updated":true,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-dapps.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/dapps-defi-101.jpg","rating":80,"sections":[{"chapter_id":6,"order":1,"slug":"what-are-nfts","title":"What are Non-Fungible Tokens 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Tokens?","status":"published","modified_content":null},{"chapter_id":8,"order":5,"slug":"how-to-research-crypto","title":"Crypto Research Fundamentals & Social Signals: Your Daily Trading Strategy","status":"published","modified_content":null},{"chapter_id":8,"order":46,"slug":"portfolio-diversification-definition","title":"Portfolio Diversification: The Whats, the Whys, and the Hows","status":"published","modified_content":null}]},{"id":9,"title":"Mining","slug":"mining","updated":false,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-crypto-mining.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/crypto-mining-101.jpg","rating":80,"sections":[{"chapter_id":9,"order":1,"slug":"what-is-crypto-mining","title":"Crypto Mining: What It is and How Does It Work?","status":"published","modified_content":null},{"chapter_id":9,"order":2,"slug":"what-is-a-mining-pool","title":"Mining Pools: Is Collective Mining Better Than Solo Mining?","status":"published","modified_content":null},{"chapter_id":9,"order":3,"slug":"what-is-staking-crypto","title":"An Advanced Look into What is Staking Crypto","status":"published","modified_content":null},{"chapter_id":9,"order":4,"slug":"what-is-proof-of-stake-vs-proof-of-work","title":"Proof-of-Work VS Proof-of-Stake: The Differences That Matter","status":"published","modified_content":null},{"chapter_id":9,"order":5,"slug":"what-is-crypto-mining-rig","title":"Crypto Mining Rig: What It is and How to Build One?","status":"published","modified_content":null}]},{"id":10,"title":"Crypto Terms","updated":false,"chapter":"crypto\/assets\/crypto-book\/chapters\/crypto-101-glossary.jpg","chapter_simple":"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"]}]" current-chapter="S" current-section="what-is-software-library">

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