The accounting model used by Cardano. This is an extended version of Bitcoin’s unspent transaction output model. EUTXO brings greater security, ensures fees are predictable and can process a large number of transactions in parallel. It also supports different types of assets and smart contracts, without compromising the advantages of UTXO. EUTXO’s concurrenc...
The Ethereum virtual machine (EVM) sidechain is the first sidechain built and released by IOG, with the goal of opening Cardano up to Solidity developers. The EVM sidechain allows the Solidity developer community to build DApps on a lower-fees and environmentally friendly platform that consumes far less energy than proof-of-work blockchains.
A computing engine that functions as a decentralized computer with millions of projects that can be executed. It serves as the foundation for Ethereum's complete operating system. EVM is the component of Ethereum that handles smart contract execution and deployment.
Cardano uses the Edwards-curve Digital Signature Algorithm (EdDSA) with elliptic curve Curve25519 as its base curve (aka. Ed25519). This gives fast signature verification and small signature sizes, which helps to improve the overall performance and security of the blockchain. Additionally, Ed25519 is designed to be resistant to certain types of cryptographic...
ECC is used for developing cryptographic protocols and secure applications. ECC provides the same level of security as other mechanisms while using shorter keys and signatures. Examples of elliptic curves include Standards for Efficient Cryptography (SECP) signatures such as Elliptic Curve Digital Signature Algorithm (ECDSA) and Schnorr.
A global blockchain solutions provider that focuses on the promotion of Cardano-based commercial applications. Emurgo is one of the three founding organizations of Cardano. The other two are IOG and the Cardano Foundation.
refers to a Cardano address that is used for receiving ADA from external sources. These external sources can include other users, exchanges, or any entity that wishes to send ADA to your wallet.
External addresses typically do not expire. User can continue to use the same external address to receive ADA for an extended period. However, for privacy reasons, ...
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.
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...
Cardano's fee strategy is based primarily on market demand rather than the actual supply. Research continues to be done on how Cardano can evolve to offer a fair structure of fee tiers that provides the best balance between managing demand and maintaining reasonable costs. Ultimately, the Cardano community will vote on whether or not to implement this tiered...
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...
The process of checking whether system design and the underlying algorithms are correct and satisfy the given requirements and properties. It is based on the formal methods of mathematics and is an integral part of IOG research. The core parts of Cardano are written in Haskell.
Also known as a mangled-address, is a Cardano payment address that contains payment part and staking parts of different wallets/private-keys. This is made possible due to the unique design of addresses on Cardano.
A Franken address allows users to separate their staking rewards into a separate wallet. Some application developers can leverage delegation righ...
A token that is identical to many others and can be traded is fungible. For example, one ada is the same as all others and so is fungible. Shares in a company, gold bars, and US dollars, for example, are all fungible. Cryptos are usually fungible, but there are also unique, non-fungible tokens (NFTs).
The study of logical decision-making made by players within the defined parameters of a system. Game theory provides mathematical frameworks for predicting interactions between people in a system, where they are all looking out for their best interests. Cardano uses game theory to help avoid economic attacks on the network.