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Light wallet

olga.hryniuk@iohk.io
A cryptocurrency wallet that does not need to download the full history of blockchain records. Instead, the wallet links into a website where the full blockchain is accessed. This makes a light wallet faster and easier to use.
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Liquid democracy

olga.hryniuk@iohk.io
A hybrid of direct and representative democracy to be used in Voltaire. Liquid democracy enables the treasury system to take advantage of expert knowledge in a voting process, as well as ensure that all ada holders are granted an opportunity to vote. For each project, a voter can either vote directly or delegate their voting power to a member of the communit...
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Liquid staking

olgahryniuk
Cardano’s delegation mechanism is based on liquid staking, meaning that staked funds are never locked and can be spent at any time. Other platforms use a third-party protocol to make staked tokens liquid, which has the potential to introduce security problems.
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Liquidity mining

olga.hryniuk@iohk.io
The process of creating or adding new coins or tokens to support the demand for transactions on a DEX. Liquidity miners (providers) usually get rewards that incentivize them to support the user base and grow liquidity pools with deposited cryptocurrencies.
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Local state

Ivan Irakoze
This represents immutable data that makes smart contract execution on the EUTXO model highly deterministic (predictable).
1 up votes and 0 down votes. Total score

Lovelace

olga.hryniuk@iohk.io
The sub unit for ada. One ada = 1,000,000 lovelaces. The name comes from Ada Lovelace, the daughter of Lord Byron who became a mathematician and programmer with her work on Charles Babbage's Analytical Engine project.
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Mainnet

olga.hryniuk@iohk.io
The live blockchain. Cardano upgrades are assessed on a testnet before being released on the mainnet.
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Market capitalization

olga.hryniuk@iohk.io
A measure used by crypto exchanges to rank coins. The ‘market cap’ is calculated by multiplying the number of coins in circulation by the coin price on the day.
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Marlowe

olga.hryniuk@iohk.io
A web-based platform to build and run financial smart contracts visually, without needing deep programming knowledge. Marlowe contracts are straightforward and optimized for financial transactions. This provides a faster way for financial service providers to build expertise in smart contracts and blockchain technology.
1 up votes and 0 down votes. Total score

Marlowe Playground

olga.hryniuk@iohk.io
A browser-based tool for writing and testing financial smart contracts. Its purpose is to encourage developers who have no Haskell or Javascript experience to build financial products on Cardano.
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Mempool

Ivan Irakoze
How a node stores information about unconfirmed transactions. The mempool is essentially a holding area for transactions that haven't been included in a block yet.
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Merkle tree

olga.hryniuk@iohk.io
A data structure used in blockchain applications to encode data in a secure and efficient way. The Merkle tree allows a block of transactions to be generated in a single hash, which is used to verify its validity to the original set of transactions. Using hashes is time efficient and does not require the validation of every transaction from the chain history...
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Metadata

olga.hryniuk@iohk.io
Information about a digital file. In smart contracts, metadata sets out the conditions under which a deal should execute. In a non-fungible token, metadata can hold information about the ownership or intellectual rights, among other things.
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Mithril

olga.hryniuk@iohk.io
Cardano's solution to streamline the speed and efficiency of data synchronization between applications. Mithril retains strong security settings and its uses include secure voting, data exchange between sidechains, and data synchronization within light wallets. It is part of the Basho phase.
2 up votes and 0 down votes. Total score

Multi-asset

olga.hryniuk@iohk.io
Cardano can support more than one asset type, including user-defined tokens.
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NFT Calendar

nftsailingnet
An online platform designed to help users discover non-fungible tokens (NFTs), find the new NFTs early, and analyze the most promising projects.
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NFT: non-fungible token

olga.hryniuk@iohk.io
A unique token stored on a blockchain. NFTs can represent digital ownership rights of real-world assets such as a building or a painting or be an asset in and of themselves. Cardano supports NFTs as native tokens. This means that anyone can mint their own NFTs on Cardano without needing a smart contract, which avoids the error-prone complexity found in Ether...
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Native tokens

olga.hryniuk@iohk.io
Native tokens is the feature that lets users create their own tokens on Cardano and these interact with the blockchain just like ada. Tokens can be fungible (interchangeable) or non-fungible (unique), and act as payment units, rewards, trading assets, or information holders. There is no need to create smart contracts to handle native tokens, which removes a ...
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Networking

olga.hryniuk@iohk.io
A technical infrastructure linking Cardano nodes in one unified system to process transactions. Stake pool operators run Cardano nodes that communicate with other nodes to share information about new blocks and transactions. This includes three processes: each operator runs a block-producing node (the node that verifies and creates a block) and two relay nod...
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Node

olga.hryniuk@iohk.io
One of the computer servers or wallets making up the Cardano network. Each node holds a copy of the blockchain ledger and connects with other participants to help maintain network operations. A stake pool operator runs different types of nodes: a block-producing node and several relay nodes that are connected with each other. See Networking.
1 up votes and 0 down votes. Total score