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.
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 ...
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...
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...
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.