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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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Global state

Ivan Irakoze
A set of data that is mutable through node operations on a ledger. For example, with every transaction of an asset the database entry regarding who owns the asset changes.
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Goguen

Olga Hryniuk
The third phase of Cardano development that brought smart contract support.
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Governance

Olga Hryniuk
There is no single decision-maker controlling Cardano's growth and development. Instead, decentralized processes empower ada holders to make suggestions and collaborate on decisions. All ada holders can suggest a change through the Cardano improvement proposal (CIP) system, or participate in Project Catalyst to vote on what changes should be made.
1 up votes and 0 down votes. Total score

Hard fork

Olga Hryniuk
An irreversible change to a blockchain protocol. Cardano uses a hard fork combinator to ensure smooth upgrades. Unlike earlier blockchains, Cardano hard forks save the chain history and do not cause disruption for users.
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Hardware wallet

Olga Hryniuk
A device that stores cryptocurrencies offline and can be connected to a computer to access the funds. Hardware wallets are secure and beneficial in terms of offline security and convenience as they can be carried around and used when needed.
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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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Haskell

Olga Hryniuk
A functional programming language with a focus on producing secure code.  Haskell is well suited to Cardano's high-assurance code, and the need for greater formal verification in the blockchain. Core parts of Cardano are written in Haskell and extensive testing processes ensure Plutus Core smart contracts work properly.
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Height battles

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In the context of the Cardano network, when nodes receive two valid blocks for a single slot, nodes will select the block with the higher slot number and orphan the other. The reason for this is that the SPOs do not propagate the block within the appropriate timeframe. To completely avoid blocks from getting orphaned in height battles, it is crucial for the...
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Hot wallet

Olga Hryniuk
A cryptocurrency wallet that can be accessed online to store currencies and make transactions. A hot wallet stores a collection of private keys and needs to be connected to the internet to process cryptocurrency operations.
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Hydra

Olga Hryniuk
A family of protocols that overlay the layer 1 Cardano blockchain to process transactions off the main chain. Hydra uses the main ledger as the secure settlement layer, boosts throughput, minimizes the delay in starting to process transactions, incurs low to no costs, and greatly reduces storage requirements.
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Hydra Head

Olga Hryniuk
The first of several Hydra protocols, and the basis of improving Cardano's scalability. Each Hydra Head works as an off-chain mini ledger, similar but faster than the main on-chain ledger, shared between small groups of participants. Many complex protocols can be added as layers on top of Cardano.
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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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IOG

Olga Hryniuk
Input Output Global. The new name for IOHK, the company that developed the Cardano blockchain. IOG was registered in the US state of Wyoming in 2018, along with an office in Singapore.
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IOHK

Olga Hryniuk
Input Output Hong Kong was founded in 2015 by Charles Hoskinson and Jeremy Wood to create Cardano. The company became Input Output Global in 2018.
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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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ISPO: initial stake pool offering

Olga Hryniuk
A way to raise funds for DApps or projects on Cardano. A project offers its users tokens usable within its DApp in exchange for these users delegating their stake to the project’s pool. This increases the pool’s margin and helps it gain more rewards. Users receive staking rewards and benefit by getting utility tokens. There is no risk of losing funds because...
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