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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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Liquidity PoolDEX+ 1
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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IPFS

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IPFS stands for InterPlanetary File System. It is a decentralized and distributed peer-to-peer file storage system that aims to provide a more efficient and resilient way to store and access files on the internet. In IPFS, files are broken up into smaller pieces, which are distributed across the network and stored on multiple nodes. When a user requests a f...
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Flash loan

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A type of cryptocurrency loan that allows borrowers to borrow funds without providing any collateral or undergoing a credit check. Flash loans are typically offered through decentralized finance (DeFi) platforms and are executed using smart contracts on a blockchain. The loan is approved and disbursed almost instantly, and the borrower is required to repay t...
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GameFi

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Short for 'Game Finance', GameFi refers to the integration of blockchain technology and decentralized finance (DeFi) with gaming. GameFi combines the principles of cryptocurrency and blockchain with gaming, creating a new type of gaming experience that allows players to earn real-world value from their gaming activities. In GameFi, players can earn digital ...
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Gas

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The fee required to execute a transaction or contract on the proof-of-work network. On Ethereum, for example, gas is paid in ether, the native cryptocurrency of Ethereum. Gas fee is determined by the network's demand and supply, and is paid to incentivize miners to process and validate transactions. Gas fees are essential to the network's efficiency and secu...
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Genesis block

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The first block in a blockchain that sets the foundation for the network. It is usually created by the network's creator and contains unique data defining the initial state of the blockchain. Unlike other blocks, a genesis block doesn't reference any previous blocks and generates the initial supply of cryptocurrency or tokens. In Cardano, the genesis block w...
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Hash rate

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Hash rate refers to the measurement of the processing power of a blockchain network, particularly in the context of proof of work (PoW) consensus algorithms. It measures the number of hash operations that a network can perform in a second. In a PoW, miners use specialized hardware to perform complex mathematical calculations, known as hash functions, to val...
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ICO

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ICO stands for 'Initial Coin Offering'. It is a form of a crowdfunding campaign utilized by cryptocurrency startups to raise capital for their projects. During an ICO, investors purchase tokens or coins in the project before it is released to the public. This allows the project to secure funds early on and incentivizes investors to contribute by offering the...
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IEO

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IEO stands for 'Initial Exchange Offering'. It is a type of fundraising method used by cryptocurrency startups to raise capital through a cryptocurrency exchange. In an IEO, the startup partners with an exchange that conducts the offering on behalf of the startup. Investors participate in the IEO by purchasing the startup's tokens or coins directly from the...
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FUD

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FUD stands for "Fear, Uncertainty, and Doubt" It's a tactic that is often used in marketing, politics, and other forms of communication to create a sense of fear or apprehension among the audience. FUD can be used to discourage people from taking a certain action. The goal of FUD is to manipulate people's emotions and influence their behavior by making them...
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FOMO

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FOMO stands for "Fear Of Missing Out" It's a feeling of anxiety or apprehension that one might miss out on a rewarding or exciting experience that others are having. FOMO can have a negative impact on mental health, as it can lead to stress, dissatisfaction, and a sense of loneliness or isolation.
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