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Block reward

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Typically seen in proof of work (PoW) blockchains, block reward refers to the incentive given to miners who successfully mine a new block and add it to the blockchain. It is the primary motivation for miners to dedicate computational power and resources to the process of mining.
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Block size

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Block size refers to the maximum amount of data that can be included in a single block of a blockchain. The block size is typically measured in bytes and serves as an important parameter in blockchain protocols. It determines the maximum number of transactions or the total size of data that can be included in a block. At the time of writing, the block size ...
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Bootstrapping

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Refers to the process of initializing and establishing a new blockchain network or node. It involves setting up the necessary infrastructure, protocols, and consensus mechanisms to enable the network to function and grow. The settings include: Genesis block creation, network initialization, consensus algorithm setup, blockchain synchronization, block verific...
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BFT

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Stands for Byzantine Fault Tolerance, which is a property or characteristic of a distributed system, including blockchain networks. BFT refers to the ability of a system to tolerate and continue functioning correctly even in the presence of Byzantine faults, which are arbitrary and malicious behaviors exhibited by nodes or participants in the system.
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Cross-chain

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Refers to the ability of different blockchain networks or protocols to communicate, share data, and interact with each other seamlessly. It enables the transfer of assets, information, or functionality between multiple blockchain networks that operate independently.
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CLI

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CLI - Command-Line Interface. It is a text-based interface used to interact with a computer program or operating system by typing commands into a terminal or command prompt.
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Cryptocurrency

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Cryptocurrency
An asset on the blockchain that serves as a medium of exchange for goods or services. Examples include Cardano's ada, Ethereum's ether, bitcoin and so on. At its launch, Cardano's ada became the leading proof-of-stake cryptocurrency and one of the top 10 by market capitalization in January 2018.
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Block explorer

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A web-based tool or application that allows users to explore and navigate a blockchain network. It provides a user-friendly interface to search, view, and retrieve information about transactions, blocks, addresses, and other data recorded on the blockchain. On the Cardano blockchain we can use block explorers like explorer.cardano.org, cardanoscan.io, and c...
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Atomic swap

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Sometimes called atomic cross-chain trading, atomic swap is the exchange of one cryptocurrency to another cryptocurrency without the need to trust a third party. It’s called atomic (referring to the Greek term atomon, i.e. indivisible) since there aren’t two separate transfers, but one single transfer that does the swap at once.
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Asymmetric cryptography

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Asymmetric cryptography is a cryptographic system that uses a pair of mathematically related keys for encryption and decryption. Unlike symmetric cryptography, where the same key is used for both operations, asymmetric cryptography employs two distinct keys: a public key and a private key. The public key is openly shared or published, while the private key ...
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Algorithm

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An algorithm is a step-by-step procedure or set of rules designed to solve a specific problem or perform a specific task. It is a precise and unambiguous sequence of instructions that can be followed to achieve a desired outcome.
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AML

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AML (Anti-Money Laundering) refers to the application of anti-money laundering measures to financial transactions. AML regulations and procedures are extended to cryptocurrency exchanges, wallet providers, and blockchain-based businesses to prevent money laundering and illicit activities.
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APR

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APR (Annual Percentage Rate) is a financial metric used to calculate the annualized rate of return on an investment or the annual interest rate on borrowing. It is commonly used to measure the potential earnings or costs associated with staking, lending, or providing liquidity on decentralized finance (DeFi) platforms. Currently there are many DApps built o...
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Allocation

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A distribution or assignment of digital assets or resources within a blockchain network or ecosystem. It involves determining how tokens, rewards, or other digital assets are allocated to participants, addresses, or specific purposes within the blockchain system.
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Open source

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The openness and accessibility of the blockchain's underlying software code. An open source blockchain means that the software code that powers the blockchain network is freely available to the public, allowing anyone to view, study, modify, and distribute it.
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On-chain

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On-chain refers to transactions, data, or activities that occur directly on the blockchain network itself. When a transaction or any other operation is conducted on-chain, it means that it is recorded and permanently stored on the blockchain, becoming an immutable part of the distributed ledger.
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Off-chain

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Off-chain refers to any transactions, data or activity that occurs outside of the blockchain network itself. Off-chain activity is typically conducted through secondary channels or networks that are not directly recorded on the blockchain, but may still be related to the blockchain in some way.
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Multisig

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Multisig refers to a type of digital signature scheme that requires multiple signatures from different parties in order to authorize a transaction or an action on the blockchain. Multisig is commonly used as a security measure to protect against unauthorized access and ensure that transactions are only executed with the approval of multiple parties.
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Validator

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Validator is a node or participant in the network that is responsible for verifying transactions and adding them to the blockchain. Validators play a critical role in maintaining the security and integrity of the blockchain by ensuring that only valid transactions are processed and recorded on the ledger.
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Liquidity pool

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A liquidity pool is a pool of funds contributed by users that are used to facilitate trades on a decentralized exchange (DEX). In a liquidity pool, users deposit equal amounts of two different cryptocurrencies, which are used to create a market for those tokens. The price of the tokens in the pool is determined by an algorithm that maintains a balance betwee...
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