An offline wallet used for storing cryptocurrencies. Because cold wallets are not connected to the internet, stored assets incur less risks of tampering. This is also known as cold storage.
The amount of work that can be done by different actors without blocking each other. Cardano’s EUTXO model allows transactions to be processed in parallel, which ultimately improves the throughput of the system while keeping the performance of individual operations the same.
A way for a blockchain to agree between all its participants that a transaction is valid. An agreement must be made on which blocks to produce, which chain to adopt, and to determine a single state for the network. The consensus protocol for Cardano is Ouroboros – the first consensus protocol proven to be secure through academic peer review.
The Constitutional Committee (CC) is one of the three groups responsible for ratifying governance actions under CIP-1694 alongside SPOs and DReps. CIP-1694 defines the CC as a committee that represents a set of individuals or entities that are collectively responsible for ensuring that the constitution's principles are upheld and enforced.
As described in C...
The Cardano Constitutional Convention event occurred in Buenos Aires and Nairobi, in December 2024 as part of the journey toward a ratified Cardano constitution.
Constitutional conventions exist to discuss and define a draft constitution, which will be proposed for an on-chain vote.
A historical parallel for 2024's Cardano Constitutional Convention can be ...
The total amount of stake that a stake pool controls. It combines the stake that is owned by the pool operator with any stake that has been delegated to the pool by other ada holders. It can be measured as a total ada amount (e.g., 3 million ada), or as a percentage of the total supply of ada within the network (e.g., 5%).
A fixed fee, in ada, which the stake pool operator takes from the pool rewards every epoch to cover the costs of running a stake pool. The cost per epoch is subtracted from the total ada rewarded to a pool, before the operator takes their profit margin. Whatever remains is shared proportionally among the delegators.
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.
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.
refers to the utilization of advanced mathematical techniques to secure and protect sensitive information, including transactions and user identities, through encryption, digital signatures, and cryptographic algorithms, ensuring confidentiality, integrity, and authenticity within the blockchain ecosystem
DAO stands for decentralized autonomous organization. It refers to an organization that operates through smart contracts on a blockchain network. A DAO is designed to be autonomous, meaning it operates without the need for centralized control or intermediaries.
refers to the process by which stakeholders participate in governance decisions by casting votes on proposals and protocol upgrades. Leveraging the decentralized nature of Cardano, stakeholders use their voting power, determined by their holdings of ada, to influence the direction and development of the ecosystem.
Through transparent and auditable voting me...
A digital (decentralized) application that runs on the blockchain. Just like a mobile app runs on your iOS or Android device, a Cardano DApp runs on the Cardano blockchain. There are various categories of DApps, such as DeFi products, NFT markets, wallets, exchanges, games, and more.
A Cardano ecosystem interface map showing all projects and DApps on the Cardano blockchain accessible at DCOne Crypto. Explore the latest projects in the Cardano ecosystem and discover the potential of blockchain innovation.
A secure wallet for the ada cryptocurrency that manages balances and enables sending and receiving payments. Daedalus is a full node wallet, which means that it downloads a full copy of the Cardano blockchain and independently validates every transaction in its history.
refers to the fundamental characteristic where once recorded, data stored within blocks remains unchanged and unalterable. This permanence is achieved through cryptographic hashing and consensus mechanisms, ensuring that transactions and information recorded on the blockchain cannot be tampered with or modified retroactively.
Immutable data provides assuran...
A piece of information that can be associated with a UTXO and is used to carry the script state such as its owner or the timing details of when the UTXO can be spent.