Crypto Terms: Letter P
What is Protocol?
Protocol - is a fundamental collection of instructions that describes network interactions, such as consensus, transaction validation, and network involvement on a blockchain.
Let's find out Protocol meaning, definition in crypto, what is Protocol, and all other detailed facts.
A protocol is the basic set of instructions that describe the interactions on a network, typically involving consensus, transaction validation, and network participation on a blockchain.
They construct the design of the blockchain for cryptocurrencies, which is the distributed database management system for digital money to be safely transacted on the internet.