Soft Peg
A soft peg is a way to keep a currency's value close to another currency, like a major reserve currency, by allowing it to fluctuate within a specific range instead of fixing it to a set rate.
More terms under S
- Soft CapThe soft cap is the lowest amount of money that a cryptocurrency project aims to collect during its initial coin offering (ICO) to proceed with the project.
- Soft ForkA soft fork is a change to a blockchain that allows new rules to be added while still being compatible with the old version, so older users can still…
- Soft Fork (Blockchain)A soft fork is an update to a blockchain that changes the rules so that some transactions that were once allowed are no longer accepted. Most of the time,…
- Software Development Kit (SDK)A Software Development Kit (SDK) is a set of tools that helps developers create applications for a specific device or operating system.
- Software LibraryA software library is a set of pre-written code that developers can use to help build their own programs, making it easier and faster to create software.
- Software StackA software stack is a group of software tools and programs that work together to perform a specific task or function.
Educational definition. Protocol rules and market conventions can differ; check an asset's official documentation.