Protocol is a set of formal rules and standards that dictate how data is transmitted and received over a network. In the context of blockchain and cryptocurrency, protocols define how transactions are validated, blocks are created, and nodes communicate. Protocols ensure interoperability and security within a decentralized network, enabling different systems to work together seamlessly. By establishing a common language and procedures, protocols facilitate the reliable and efficient functioning of crypto and fiat exchanges like ChicksX, ensuring that transactions are processed accurately and securely.
Protocol
Protocol
Last Updated: January 11, 2026
Protocol is a set of rules that govern data exchange in networks.