A hit box is a specific area or threshold within blockchain protocols that determines when a transaction is considered valid or when a certain action can occur. It often refers to the criteria set for executing trades or transactions.For instance, in trading platforms, the hit box might designate price levels where buy or sell orders become active. Once a market price hits this predetermined level, the system executes the transaction automatically, ensuring timely and efficient trades.Hit boxes can also be applied in gaming elements of decentralized applications. In this context, they act like invisible zones that players or characters must enter to trigger an event or gain an advantage.Overall, hit boxes enhance efficiency and responsiveness within the ecosystem, whether in trading or user interactions. They are crucial for automated processes, allowing users to set parameters and let the system manage the execution based on predefined conditions.
Russia Grants Banks Limited Approval to Handle Cryptocurrencies
Russian banks will be allowed to conduct cryptocurrency operations under strict conditions, the Central Bank announced Friday, marking a cautious