Glossary

Free distribution of crypto or NFTs to promote a project or reward users.

The set of rules governing how a blockchain operates, like Proof of Work or Proof of Stake.

In the context of Web3, Anti-Money Laundering (AML) refers to a set of laws, regulations, and procedures designed to prevent criminals from disguising illegally obtained funds as legitimate income.

In the context of Web3, an API (Application Programming Interface) is a set of protocols, tools, and definitions that allows different software applications to communicate with each other.

Designed to resist efficient mining by specialized ASIC hardware.

Proof of identity or specific attributes on a blockchain for various use cases.

Specialized hardware for mining certain cryptocurrencies more efficiently.

Automatic Replay Protection in Web3 refers to mechanisms that prevent replay attacks.

In the context of Web3, All-Time Low (ATL) refers to the lowest price level that a cryptocurrency or token has ever reached since its inception.

Offchain Labs, the team behind Arbitrum, launched the code and public testnet for Arbitrum Stylus, a new addition to the Arbitrum Nitro technology stack that enhances support for Arbitrum One, Arbitrum Nova, and Arbitrum Orbit chains.

Arbitrum Orbit, introduced by Arbitrum in March 2023, gives users the tools to create their own Layer 3 (which is a layer on top of the Ethereum mainnet Layer 1 and Layer 2, so it's called Layer 3).

Arbitrum Nova is a different Layer 2 option in the Arbitrum family that has different use case than Arbitrum One.

Arbitrum Nitro is NOT considered as a separate network, but a technical stack upgrade of Arbitrum One.

Arbitrum is a Layer 2 scaling solution for the Ethereum blockchain that lowers transaction costs and empowers fast smart contract transactions.

Arbitrum is a Layer 2 scaling solution for the Ethereum blockchain that lowers transaction costs and empowers fast smart contract transactions.

A specialized blockchain dedicated to a specific community or application.

ArbOS serves as the Layer 2 EVM hypervisor that creates the operational environment for L2 Arbitrum. It oversees and allocates network resources, forms blocks from received messages, and runs its modified version of Geth to execute smart contracts.

An "address" in Web3 serves as a cornerstone in the architecture of blockchain networks, similar to an account number in traditional banking.

The Actor Model is a conceptual model used to design and implement concurrent and distributed systems. It treats "actors" as the fundamental units of computation.

A crypto whose value is algorithmically maintained near a target price, often using another asset.

Address delegation in Web3 is the process where one blockchain address grants certain rights or permissions to another address to act on its behalf.

In the context of Web3, All-Time High (ATH) refers to the highest price level that a cryptocurrency or token has ever reached since its inception.

In the context of blockchain and decentralized systems, an Actor refers to any entity that interacts with the blockchain network.

In the context of Web3, Arbitrage refers to the practice of taking advantage of price differences between two or more markets.

Any cryptocurrency other than Bitcoin.

In the context of Web3, an Atomic Swap is a smart contract technology that enables the exchange of one cryptocurrency for another without the need for a centralized intermediary, such as an exchange.

A unique identifier on a blockchain, like a bank account, holding your crypto and interacting with dApps.

Disconnecting a device from the internet to store crypto offline for maximum security.

A whitelist, granting exclusive access to certain events or opportunities in a Web3 project.

In the context of Web3, Ask Me Anything (AMA) is an interactive event where individuals or groups answer questions from the community in real-time.

Anchor is a widely used framework in the Solana ecosystem and simplifies the process of building Solana programs.

API nodes are fundamental components of blockchain networks, providing essential services for data access, transaction processing, and smart contract execution. By understanding and leveraging API nodes, developers and stakeholders can enhance the functionality and reliability of decentralized applications and services, driving innovation in the Web3 space.

In the Web3 ecosystem, address-owned objects are digital assets linked to a unique 32-byte address. This address can be an account address derived from a signature scheme or an object ID. The primary feature of address-owned objects is their exclusive accessibility; only the owner of the associated address can access and manage these objects.

Account abstraction represents a significant advancement in blockchain technology, addressing the limitations of traditional EOAs and SCAs. XION’s protocol-level solution exemplifies this innovation, offering a more secure, flexible, and user-friendly approach to blockchain interactions. As blockchain technology continues to evolve, account abstraction will play a crucial role in enhancing usability and expanding the potential applications of decentralized systems.

Abstracted Interoperability is a game-changing concept in the blockchain industry, and XION’s implementation of this technology exemplifies its potential. By enabling seamless cross-chain interactions, XION not only simplifies the user experience but also enhances accessibility, security, and liquidity across the entire blockchain ecosystem.

Expecting prices to fall and pessimistic about the market outlook.

Automated programs interacting with exchanges or platforms to execute trades or gather information.

Expecting prices to rise and optimistic about the market outlook.

A slang term for building and developing in the Web3 space.

The term "bagholder" is a vivid illustration of the challenges and risks inherent in cryptocurrency investing. While it often carries a negative connotation, understanding its meaning and implications can help investors make more informed decisions and avoid the pitfalls that lead to becoming a bagholder. By adopting strategies such as diversification, setting stop-loss orders, and staying informed, investors can better navigate the volatile waters of the crypto market and improve their chances of success in the Web3 era.

A tool to search and view information about blocks and transactions on a blockchain.

An ATM-like machine for buying and selling Bitcoin with cash.

A tool facilitating the transfer of assets between different blockchains.

A central coordinating chain in Ethereum's Proof of Stake system.

Proposed changes to the Bitcoin protocol requiring community consensus.

Verification of a block by the network, proving its validity.

The incentive awarded to miners for verifying transactions and adding new blocks.

The average time it takes to add a new block to a blockchain.

See Block Explorer.

The challenge of balancing scalability, security, and decentralization in blockchain technology.

Storing your crypto private key only in your memory, a highly risky practice.

The number of blocks added to a blockchain since its creation.

"Buy The Dip" refers to a common investment strategy in cryptocurrency and stock markets where investors purchase assets after a significant price decline, anticipating a rebound and potential profit.

Grouping multiple orders together for execution at a specific time.

Blockchain is a transformative technology that underpins the decentralized digital economy. By providing a secure, transparent, and tamper-proof record of transactions, blockchain technology is revolutionizing various industries and enabling the development of innovative applications. Understanding and leveraging blockchain is essential for developers, businesses, and individuals looking to participate in the Web3 ecosystem.

Blocks are a fundamental component of blockchain technology, ensuring the secure and transparent recording of transactions and data. By understanding and leveraging blocks, developers and stakeholders can enhance the functionality and security of decentralized applications and networks. As Web3 continues to evolve,

An enthusiastic supporter and promoter of Bitcoin.

A prolonged period of declining crypto prices and negative sentiment.

The first and most popular cryptocurrency.

A New York State license for businesses handling virtual currencies.

A sudden, sharp decline in cryptocurrency prices.

Bull MarketA prolonged period of rising crypto prices and optimistic sentiment.

Removing tokens permanently from circulation, potentially increasing scarcity and value.

Backpack in the Web3 context is not about the physical item you carry on your shoulders; instead, it’s a Solana-based NFT wallet app that provides users a smooth way to manage assets and NFTs within the Galxe web3 community.

Bounties play a vital role in the Web3 ecosystem, offering a decentralized and efficient way to incentivize community contributions. Whether it’s securing a network, developing new features, promoting a project, or gathering user feedback, bounties help projects achieve their objectives while rewarding participants for their efforts.

Bakkt is more than a cryptocurrency exchange; it's a comprehensive digital asset platform that is shaping the future of how digital assets are traded, stored, and used across the globe. By understanding Bakkt's role and functionalities, participants in the Web3 ecosystem can better navigate the complexities of digital finance.

A Creative Commons Zero NFT, meaning the intellectual property rights are completely relinquished by the creator, allowing anyone to freely use and modify the work without restriction.

A group of NFTs with shared characteristics, often created by the same artist or project.

A leading blockchain technology company offering various products and services.

Software applications interacting with a specific blockchain network, like MetaMask or MyEtherWallet for Ethereum.

Renting or leasing access to mining hardware in data centers instead of owning and operating your own.

A software library providing building blocks for developers to create smart contracts and dApps.

The process of verifying a transaction on a blockchain and adding it to a permanent block.

The agreement mechanism used by a blockchain network to validate transactions and maintain a shared state.

The ability of different dApps and smart contracts to interact and build upon each other.

A single, centralized database controlled by a specific entity, unlike the distributed ledger of blockchains.

Operated by a single entity with control over the system, opposite to decentralized.

A self-executing program on a blockchain that automatically enforces predefined rules upon certain conditions.

A digital asset designed to function as a medium of exchange, using cryptography for security and decentralization.

When two Stakers have conflicting views on the appropriate judgment for an Assertion, they can be entered into a challenge.

A digital currency issued and backed by a central bank, similar to traditional fiat currency but existing solely in electronic form.

The total amount of a cryptocurrency currently available for trading or use.

A cryptocurrency designed to primarily function as a medium of exchange, like Bitcoin.

Storing cryptocurrency offline in a secure way, like hardware wallets or paper wallets, to minimize hacking risks.

A physical device for storing cryptocurrency offline, providing greater security than hot wallets.

A complex financial instrument combining multiple debt exposures, not directly related to Web3 but sometimes mentioned in DeFi contexts.

A major upgrade to the Ethereum blockchain in 2019, introducing efficiency improvements and network changes.

A fundraising method where participants purchase tokens or coins in exchange for contributions to a project.

Prefix commonly used for terms related to cryptocurrency and blockchain technology.

Rewards offered for discovering vulnerabilities, bugs, or completing specific tasks in Web3 projects.

A period of rapid price inflation in the cryptocurrency market, often followed by a sharp correction.

Digital assets utilizing cryptography for security and verification, including cryptocurrencies and NFTs.

Practices ensuring adherence to regulations and laws related to cryptocurrencies and blockchain activities.

A proposed US legislation aiming to regulate cryptocurrency activities, still under debate.

The study of economic models and incentives used in cryptocurrencies and blockchain systems.

The science of secure communication using codes and algorithms to encrypt and decrypt information.

The holding and safeguarding of cryptocurrency by a third party, like an exchange or custodian.

Cryptosis refers to an intense obsession or excessive involvement with cryptocurrencies and the broader digital asset market.

At its core, a compute unit is a measure of computational effort or capacity required to execute operations on a blockchain network.

In the context of Web3 and cryptographic protocols, a circuit is a mathematical and logical representation of a computation that facilitates efficient and secure verification processes, such as in zero-knowledge proofs.

Complex transactions in the context of Web3 refer to sophisticated operations executed on blockchain networks, particularly through smart contracts. Unlike simple transactions that involve transferring cryptocurrencies between wallets, complex transactions involve multiple conditions, triggers, or steps that must be fulfilled for the transaction to execute autonomously.

Causal History refers to the ordered sequence of causal relationships between events or transactions within a distributed system, such as a blockchain. It establishes a chronological chain of cause-and-effect relationships, crucial for maintaining consistency and predictability in decentralized networks.

Causal Order refers to the sequence and relationship between transactions and the objects they generate, presented as dependencies. In a blockchain context, this means validators must execute transactions in a specific order to respect these dependencies. Unlike total order, where every transaction is sequentially ordered, Sui blockchain uses causal order, which is a partial order that respects the dependencies among transactions without imposing a strict sequential order.

Chain Abstraction is a game-changer in the Web3 landscape. By removing the technical barriers and complexities that have hindered mainstream adoption, it opens the door for more people to experience the benefits of decentralized technology. XION’s Chain Abstraction solution is a prime example of how this can be achieved, offering a user-friendly experience that rivals Web2 while maintaining the integrity of Web3.

A brief temporary rise in price after a significant decline, often a false signal of recovery.

A crucial principle in Web3, emphasizing personal research and critical thinking before making investment decisions.

A slang term in the crypto community for someone taking high-risk, speculative bets, often associated with DeFi or meme coins.

An attempt to overwhelm a system with traffic from multiple sources, disrupting its normal operation.

The process of converting encrypted data back into its original readable form.

An application built on a blockchain network, offering functionalities without a single point of control.

A consensus mechanism where token holders delegate their voting power to elected representatives ("validators") who secure the network.

A large Ethereum developer conference focusing on technical discussions and project presentations.

A measure of how hard it is to mine a new block on a Proof-of-Work blockchain, adjusting automatically to maintain a desired block time.

A mechanism in Ethereum's protocol gradually increasing mining difficulty over time, eventually transitioning to Proof-of-Stake.

A digital representation of an individual's identity used in online interactions, potentially leveraging blockchain technology.

The overarching term for technologies enabling distributed ledgers, encompassing blockchain and other variations.

Attempting to spend the same digital asset twice, a problem prevented by the security mechanisms of cryptocurrencies.

"Data availability" in blockchain ensures all network participants can access and verify essential data, maintaining integrity and transparency.

A community-driven organization governed by smart contracts and token-based voting, operating without a central authority.

The distribution of control and decision-making across a network rather than a single entity.

Operated without a central authority, relying on distributed consensus mechanisms.

Placing funds or assets into a specific platform or application for various purposes, like earning interest in DeFi.

Any intangible asset existing in digital form, including cryptocurrencies, NFTs, and other tokens.

A cryptographic technique used to authenticate the identity of a sender and ensure the integrity of data.

A database replicated across multiple computers, ensuring transparency and immutability of recorded data.

The primary role of a Data Availability Committee is to monitor, store, and possibly attest to the availability of data necessary for verifying transactions that have been processed off-chain.

The number of unique blockchain addresses holding or transacting assets within a 24-hour period.

A cryptocurrency exchange platform operating on a blockchain, eliminating the need for centralized intermediaries.

A financial system built on blockchain technology, offering services like lending, borrowing, and trading without traditional intermediaries.

Financial contracts whose value is derived from the underlying price of another asset, like cryptocurrency derivatives tracking Bitcoin price.

The marketplace where derivatives are traded, including cryptocurrency derivatives exchanges.

The process of obtaining a new value or entity based on an existing one, commonly used in cryptography and smart contracts.

A data structure used in some blockchain alternatives, offering faster transaction processing compared to traditional blockchains.

The market share of a specific cryptocurrency compared to the total cryptocurrency market capitalization.

A sudden and significant price decline in a cryptocurrency.

Sending tiny amounts of cryptocurrency to many wallets to spam or track users, disrupting their functionality.

An auction where the price starts high and gradually decreases until someone bids, aiming for a fair market price discovery.

Data Availability Certificate (DAC) is a cryptographic proof used to verify that a specific set of data is publicly available and can be accessed by anyone on the network.

Device Abstraction is a pivotal advancement in the Web3 landscape, addressing the complexities and risks associated with traditional blockchain interactions. XION’s approach to Device Abstraction enhances security, simplifies multi-device interactions, and offers diverse login methods that cater to a wide audience. As Web3 continues to evolve, Device Abstraction will play a crucial role in making blockchain technology more accessible and user-friendly, paving the way for broader adoption and integration into daily life.

A token standard enabling the creation of fungible and non-fungible tokens within a single contract, offering more flexibility.

A token standard for non-fungible tokens (NFTs) on the Ethereum blockchain, ensuring unique ownership and transferability.

A formal suggestion for improving the Ethereum protocol, requiring community discussion and voting for implementation.

The process of creating new tokens or coins, often through mining or staking rewards.

Cryptographic keys used to access or control cryptocurrencies; encrypted keys offer better security against unauthorized access.

The process of scrambling data into an unreadable format using cryptography, requiring a decryption key to access the original information.

A blockchain-based system for assigning human-readable names to Ethereum addresses and other crypto identities.

A measure of randomness or disorder, used in cryptography to generate unpredictable keys and secure transactions.

A specific time period in a blockchain network, used for various purposes like tracking rewards or protocol updates.

Ethereum Request for Comments, a proposal category for standardizing aspects of the Ethereum ecosystem, including token standards.

Units of ETH, similar to cents for dollars, with common denominations like wei, gwei, and ether (ETH).

A popular block explorer for the Ethereum blockchain, allowing users to search transactions, track addresses, and view blockchain data.

Standard accounts on a blockchain controlled by private keys, used for sending and receiving cryptocurrency.

A decentralized open-source blockchain platform known for smart contracts and various applications beyond just cryptocurrency.

A runtime environment within the Ethereum

A platform where users can buy, sell, and trade cryptocurrencies or other digital assets.

A widely used token standard for fungible tokens on the Ethereum blockchain, defining properties and functionalities.

EVM+ represents an enhancement to the Ethereum Virtual Machine (EVM), as outlined in its proposal: "EIP: Decimal math for EVM. If EVM is a basic calculator, EVM+ is a scientific calculator."

The native cryptocurrency of the Ethereum blockchain, used for transactions, gas fees, and various applications.

A financial instrument that tracks an underlying asset or basket of assets and trades on a traditional stock exchange, not directly related to cryptocurrency but sometimes offered for crypto exposure.

The Ed25519 curve is a specific type of elliptic curve cryptography (ECC) used for generating digital signatures, a fundamental aspect of blockchain transactions.

A consortium of businesses collaborating to promote the development and adoption of Ethereum for enterprise use cases.

An execution trace is a detailed record of all operations performed during the execution of a smart contract or transaction on a blockchain.

See Ethereum Virtual Machine.

Equivocation is a way of speaking that is intentionally not clear and confusing to other people, especially to hide the truth, or something said in this way. For example: He answered openly and honestly without hesitation or equivocation.

Eventual Consistency is a consensus model used in distributed systems, including blockchain networks like Sui. In this model, if one honest validator certifies a transaction, all other honest validators will eventually certify it as well. This approach ensures that, over time, all nodes in the network converge to the same state, maintaining consistency across the system.

An embedding model is an algorithm designed to convert information into dense representations in a multi-dimensional space. These representations, or embeddings, enable machine learning (ML) models to comprehend and reason with high-dimensional data more efficiently. By encapsulating complex data into compact vectors, embedding models facilitate various ML applications, including natural language processing, recommendation systems, and more.

EDU Chain is poised to revolutionize the education sector by leveraging the power of blockchain technology to create a decentralized, transparent, and efficient ecosystem for learning. By addressing the inherent challenges within the current education system, EDU Chain offers a new model for education that empowers learners, institutions, and developers alike. As the Web3 ecosystem continues to evolve, EDU Chain will play a crucial role in shaping the future of education, ensuring that it remains accessible, verifiable, and equitable for all.

The anxiety of missing out on a potential opportunity, often leading to impulsive investment decisions.

Spreading negative information or skepticism to manipulate prices or sentiment in the market.

A fraud proof, also known as fault proof, is evidence presented by a verifier to contest the accuracy of a transaction state.

The lowest recent price at which an NFT has been sold, indicating potential market demand.

Owning a portion of a larger asset, like an NFT, shared among multiple individuals.

Dividing an asset into smaller units for fractional ownership, increasing accessibility and liquidity.

Taking advantage of knowing about upcoming transactions to profit unfairly in advance.

A unit of Bitcoin, equivalent to one millionth of a Bitcoin (BTC).

The confirmation and irreversible inclusion of a transaction into a blockchain, ensuring its immutability.

A branching point in a blockchain where the network splits into two separate chains, often due to protocol changes.

A computer that downloads and stores the entire blockchain history, enabling independent verification of transactions.

A system that distributes small amounts of cryptocurrency for free, often used for educational or promotional purposes.

Traditional government-issued currency, like the US dollar or Euro.

A cryptocurrency whose value is tied to a specific fiat currency, aiming for price stability.

A mining pool reward distribution method where all participating miners receive a share based on their contributed hashrate.

Fully Diluted ValuationThe total market capitalization of a cryptocurrency if all potential tokens were in circulation.

Contracts agreeing to buy or sell an asset at a specific price in the future, used for speculation or hedging.

A hypothetical event where Ethereum's market capitalization surpasses Bitcoin's, based on the ETH and BTC token symbols.

Front running remains a significant issue in decentralized finance and cryptocurrency trading, but ongoing efforts to mitigate its effects are paving the way for a fairer and more transparent blockchain ecosystem. By understanding how front running works and the solutions being developed to counter it, users and developers can contribute to the creation of a more equitable decentralized financial landscape.

A slang term for the NFT markets during a period of significant decline or bearish sentiment.

A technical analysis chart pattern indicating a potential trend reversal from bearish to bullish.

A common informal greeting used in the crypto community, often online.

The unit used to measure the computational effort required for transactions on the Ethereum network, influencing transaction fees.

The Gear Network is an advanced blockchain system designed to maintain a distributed state, leveraging the power of WebAssembly (Wasm) for runtime code. It stands out due to its capability for forkless runtime upgrades, ensuring that the state is finalized when a finality gadget is employed.

The amount paid to miners or validators for processing a transaction on a blockchain, determined by gas used and gas price.

Gasless and Signless Transactions are pioneering features introduced by the Gear Protocol, aimed at transforming the user experience within decentralized applications (dApps).

The maximum amount of gas a user is willing to spend for a transaction, preventing accidental high fees.

The amount a user is willing to pay per unit of gas for their transaction, influencing miners' prioritization.

The first block created on a blockchain, marking its starting point.

A unit of gas equal to one billionth of an ETH, often used for gas prices due to smaller numbers.

GRC-20 is a token standard used on the Gridcoin blockchain, similar to Ethereum's ERC-20 standard.

A specialized hardware component often used for mining certain cryptocurrencies due to its processing power.

Gear Protocol is a cutting-edge Substrate-based WebAssembly smart contract platform that streamlines the shift from Web2 to Web3 development. It provides a smooth experience for deploying smart contracts without the need to develop a completely new blockchain and users can enjoy the benefits of blockchain technology and create dApps with ease and efficiency.

GaiaNet Nodes represent a significant advancement in the Web3 ecosystem, offering a decentralized and customizable approach to AI technology. By enabling individuals and businesses to create, deploy, scale, and monetize AI agents, GaiaNet fosters innovation and empowers users. While challenges remain,

Genesis in the context of the Sui ecosystem refers to the foundational event that marks the launch of the Sui blockchain. This event includes the creation of the genesis block, the very first block in the blockchain, establishing the initial state of the network and enabling it to begin processing transactions and smart contracts.

GaiaNet domains are the building blocks of a new, decentralized internet. By connecting computers with shared goals, they create a platform for exciting new technologies. As more and more people join GaiaNet, we can expect to see amazing new things happen.

The GaiaNet token is a utility token integral to the GaiaNet ecosystem, designed to facilitate transactions, support governance, and foster trust within the network. It plays a crucial role in the decentralized infrastructure of GaiaNet, enabling a variety of functions that help maintain and grow the network.

As we navigate the transformative world of Web3, governance stands as a crucial element in shaping decentralized networks. The integration of smart contracts and consensus algorithms facilitates transparent, community-driven decision-making, contrasting sharply with traditional centralized systems. On-chain and off-chain governance models each offer unique strengths, and a hybrid approach is increasingly seen as a balanced solution.

General Abstraction is a game-changer in the blockchain industry, paving the way for broader adoption by simplifying the user experience. By making blockchain technology more accessible and less intimidating, General Abstraction ensures that more people can participate in the Web3 ecosystem, from decentralized finance to digital collectibles and beyond. As projects like Xion continue to develop and implement General Abstraction, we can expect to see a significant increase in blockchain's popularity and usability, making it a truly mass-market technology.

A casual greeting sometimes used in the crypto community, similar to "gm" or "sup."

A slang term meaning "hold on for dear life," encouraging long-term cryptocurrency investment despite price fluctuations.

A significant protocol change in a blockchain that creates two incompatible chains, requiring users to choose which version to follow.

A distributed ledger technology alternative to blockchain, aiming for faster transaction processing and potentially different consensus mechanisms.

A consensus mechanism combining Proof-of-Work and Proof-of-Stake, aiming to leverage the strengths of both for security and scalability.

An open-source project providing tools and frameworks for building enterprise-grade blockchain applications.

A unique identifier generated from a data block using a cryptographic function, ensuring data integrity and tamper-proof records.

The combined computing power used to secure a blockchain network, influencing mining difficulty and transaction speed.

The periodic reduction of block rewards for miners in certain Proof-of-Work blockchains, like Bitcoin.

A base-16 numeral system using digits 0-9 and A-F to represent numbers, commonly used in blockchain addresses and hash values.

A predetermined maximum supply of tokens that can ever be created for a cryptocurrency.

A physical device for storing cryptocurrency private keys offline, offering enhanced security compared to software wallets.

A type of wallet that generates new addresses from a single seed phrase, offering improved security and organization compared to basic wallets.

A cryptocurrency wallet connected to the internet, offering convenience but potentially higher security risks compared to cold wallets.

Helium is a decentralized blockchain-powered network for Internet of Things (IoT) devices.

In the bustling world of Solana, a blockchain known for its speed and scalability, a name keeps popping up: Helius.

A phrase implying insider knowledge or understanding of a specific topic, often used in online communities.

The characteristic of blockchain data being unchangeable and tamper-proof, ensuring transparency and auditability.

A provider of infrastructure and application programming interfaces (APIs) for interacting with Ethereum and other blockchains.

A transfer of funds within the same smart contract, not involving blockchain transactions.

The ability of different blockchain networks to communicate and exchange data with each other, aiming for a more connected ecosystem.

Network of interconnected devices collecting and sharing data, potentially integrated with blockchain technology.

A fundraising method where a project sells new tokens to the public to raise capital.

A visual representation of a cryptocurrency address, often used for identification and branding purposes.

A fundraising method where new tokens are sold directly on a cryptocurrency exchange platform.

A potential decrease in the value of assets deposited in DeFi protocols due to price fluctuations, even if the overall underlying asset value remains the same.

A decentralized peer-to-peer file storage system aiming for efficient and censorship-resistant data storage.

The traditional process of a company selling shares to the public for the first time on a stock exchange, not directly related to cryptocurrency.

Intra-Validator Sharding is a cutting-edge approach in blockchain technology designed to enhance the efficiency and scalability of networks. Unlike traditional sharding, which divides the entire blockchain into smaller, more manageable pieces called shards, Intra-Validator Sharding focuses on optimizing the performance within a single validator. This technique allows validators to process multiple transactions simultaneously, increasing throughput and reducing latency.

A protocol for remote procedure calls using JSON format, commonly used for interacting with blockchain applications.

Regulations requiring financial institutions to verify the identity of their customers, often applied to cryptocurrency exchanges and platforms.

A file containing encrypted private keys used to access cryptocurrency wallets, requiring a password for decryption.

The difference in cryptocurrency prices between South Korea and other markets, historically favoring higher prices in Korea.

"LFG" is an acronym popularly used in various online communities, including the cryptocurrency and gaming worlds.

Scaling solutions built on top of a main blockchain to process transactions faster and cheaper, like rollups and sidechains.

A distributed database recording all transactions on a blockchain network, ensuring transparency and immutability.

A software wallet that doesn't download the entire blockchain but relies on trusted nodes for verification, requiring less storage space.

A payment network built on top of Bitcoin enabling fast and low-cost microtransactions.

Orders to buy or sell cryptocurrency at a specific price point, executed only if the market price reaches that level.

A governance model where token holders delegate their voting power to elected representatives.

A variation of Proof-of-Stake where staked tokens remain liquid and tradable.

Linea Network stands out as a highly promising Layer-2 solution.

Using borrowed funds to amplify potential returns or losses in cryptocurrency trading, increasing risk.

The ease with which an asset can be bought or sold without impacting its price significantly.

In Solana, "Lamport" often refers not directly to Lamport signatures but to a unit of measure within the blockchain's ecosystem.

LLMs represent a significant leap forward in AI technology, offering powerful capabilities for interpreting and generating human language. In the Web3 ecosystem, they enhance decentralization, improve smart contract development, and provide valuable insights from blockchain data. While challenges remain, the potential of LLMs to transform various industries is undeniable.

A slang term criticizing excessive money printing by central banks, sometimes applied to inflationary cryptocurrencies.

A slang term expressing a desire for a rapid and significant price increase in a cryptocurrency.

Additional information attached to an NFT or other digital asset, providing context or attributes.

Cryptocurrencies that can be created through a process called mining, often involving solving cryptographic puzzles.

Techniques for aiding memory by using associations and memorable phrases.

Message Automation is a groundbreaking feature introduced in various blockchain protocols, aiming to streamline and optimize interactions within decentralized applications (dApps).

The live and public version of a blockchain network, as opposed to testnets used for development and testing.

The process of creating new NFTs or tokens on a blockchain.

A security feature requiring multiple private keys to authorize a transaction, enhancing security.

Individuals or pools who verify transactions and compete to create new blocks on Proof-of-Work blockchains, earning rewards.

The process of securing a blockchain network and creating new tokens through solving computational problems.

A collective term for immersive virtual worlds and experiences, potentially integrated with blockchain technology.

Margin TradingTrading borrowed funds to magnify potential profits (and losses) with higher risk.

A firm or individual who actively quotes both buy and sell prices for a specific asset, aiming to maintain liquidity and facilitate trading.

Orders to buy or sell an asset at the best available market price, executed immediately based on current offers.

Specialized nodes in some blockchains with additional functionalities and rewards, often requiring collateral deposits.

The maximum profit that can be extracted from a specific blockchain block, sometimes influencing block production and transaction fees.

A popular cryptocurrency wallet software for interacting with Ethereum and other dApps.

A data structure efficiently verifying the integrity of transactions in a blockchain by generating unique hashes for each block.

A network architecture where devices connect directly with each other, potentially used in some blockchain systems.

One millionth of a Bitcoin (BTC), a smaller unit for easier transactions and price representation.

A very small financial transaction, potentially facilitated by efficient blockchain technologies.

A smart contract defining the rules and rewards for mining on a blockchain.

A group of miners who combine their computing power to increase their chances of earning rewards.

The incentive given to miners for verifying transactions and creating new blocks on a blockchain.

Specialized hardware setup optimized for mining cryptocurrency, often with high computing power.

A series of random words used to back up and recover private keys in cryptocurrency wallets.

A blockchain architecture where different components can be interchangeable for greater flexibility and scalability.

A defunct cryptocurrency exchange that suffered a major hack in 2014, impacting the price of Bitcoin.

A cryptocurrency wallet requiring multiple signatures for transactions, offering increased security.

The total value of all outstanding tokens in circulation, calculated by multiplying the token

Someone who places market orders, fulfilling the orders of market makers and providing liquidity.

The Telos Arbitration Organization (TAO) is a formalized arbitration body on the Telos blockchain.

XION’s Meta Accounts framework is a game-changer in the realm of blockchain technology. By redefining how accounts are managed and secured, XION not only addresses the challenges of key management but also sets a new standard for user experience in the decentralized world. With its modular design, advanced security features, and commitment to accessibility, Meta Accounts pave the way for a more secure, user-friendly, and inclusive blockchain ecosystem.

A slang term suggesting someone is unlikely to succeed in the crypto market.

Nominated Proof-of-Stake (NPoS) is a consensus mechanism designed to secure blockchain networks by leveraging the power of stakeholder participation.

A random number used in cryptocurrency mining to create unique block hashes, preventing manipulation.

Wallets where users hold their own private keys and have complete control over their assets, unlike custodial wallets.

A unique digital asset on a blockchain representing ownership of a specific item, often used for art, collectibles, or in-game items.

An NFT marketplace is an online platform that facilitates the buying, selling, and trading of non-fungible tokens (NFTs).

A platform that collects and displays information about NFTs from various marketplaces.

Nodeos is a fundamental component of blockchain networks, providing essential services for block production, transaction validation, and smart contract execution. By understanding and leveraging nodeos, developers and stakeholders can enhance the functionality and reliability of decentralized applications and services, driving innovation in the Web3 space.

Blockchain nodes are the cornerstone of decentralized networks, enabling trustless, transparent, and secure blockchain operations. As the blockchain ecosystem continues to evolve and expand into new applications, nodes will play an increasingly important role in ensuring the scalability and security of these systems. While running a node can be resource-intensive, advances in blockchain technology aim to reduce these burdens, making node participation more accessible for users. The future of blockchain nodes looks promising as they continue to support the decentralized infrastructure of Web3.

A popular marketplace for buying and selling NFTs.

A valid block temporarily excluded from the main chain due to limitations, later potentially included.

Off-chain attestation refers to attestations that are performed outside the blockchain but can be linked to blockchain technology for additional security and verification capabilities.

Activities or data existing outside the main blockchain, potentially linked through on-chain transactions.

Activities or data directly recorded on the main blockchain, transparent and verifiable.

An entity providing external data feeds to blockchain networks, bridging the gap between on-chain and off-chain information.

Staking cryptocurrency while keeping the tokens in a secure cold wallet, not connected to the internet.

Methods for converting fiat currency to cryptocurrency (on-ramp) or vice versa (off-ramp).

Software with publicly available source code that can be freely used, modified, and distributed.

A type of Machine Learning where transactions are assumed to be valid initially and only later challenged if found fraudulent, aiming for faster processing on Layer 2 solutions.

A Layer 2 scaling solution for Ethereum that bundles transactions off-chain, verifies them optimistically, and includes them on the main chain if valid, offering faster and cheaper transactions.

A contract giving the buyer the right, but not the obligation, to buy or sell an asset at a specific price by a certain date.

A list of buy and sell orders for an asset at different prices, used for matching orders in exchanges.

Trading directly between two parties without using an exchange, often for larger transactions.

On-chain attestation involves storing these attestations directly on the Ethereum blockchain, ensuring they are immutable and benefit from the blockchain's security and decentralization.

Orders to open or close a leveraged trading position, entering or exiting a trade.

The Object-Centric Data Model is a transformative approach in the Web3 space, offering a novel way to manage and interact with data on the blockchain. By emphasizing unique, addressable objects, this model provides enhanced flexibility, scalability, and security for decentralized applications. As the Web3 ecosystem continues to evolve, the Object-Centric Data Model will play a crucial role in shaping the future of blockchain technology and its applications.

In the context of the Sui blockchain, objects are the fundamental units of data storage and asset representation. Unlike traditional blockchains that store assets within user accounts or smart contract accounts, Sui uses an object-centric data model. This innovative approach redefines digital asset ownership by allowing objects to be independently defined, created, and managed by developers, with distinct attributes including ownership, stored directly on-chain.

Open Campus ID is a transformative addition to the Web3 ecosystem, offering a secure, efficient, and scalable platform for decentralized identities. By leveraging OCID, learners, institutions, and developers can unlock new opportunities and drive innovation in the educational landscape.

Genesis NFTs are more than just digital collectibles; they represent the birth of a project and its early supporters. By understanding the significance and potential benefits of owning these inaugural tokens, you can navigate the Web3 space with greater confidence and insight. Whether you're a collector, investor, or enthusiast, Genesis NFTs offer a unique opportunity to be part of blockchain history.

The Open Campus Alliance represents a pioneering effort in integrating blockchain technology and cryptocurrencies into the education sector. By leveraging the power of $EDU and partnerships with over 30 educational entities, including BitDegree and Blockchain Center, Open Campus is creating a decentralized, accessible, and inclusive learning environment. The integration of $EDU with Binance Pay further enhances the global reach and usability of digital currencies in education. With initiatives like the $10 million Edtech accelerator, Open Campus is set to transform the educational landscape, making high-quality education more connected, secure, and attainable for learners worldwide.

The OC Developer Ecosystem Fund is a pioneering initiative by Open Campus to establish EDU Chain as the leading blockchain platform for education. By providing substantial incentives and fostering a sustainable ecosystem, Open Campus aims to revolutionize decentralized education and drive long-term growth. With strategic resource allocation, the fund is set to create a vibrant, self-sustaining ecosystem benefiting developers, educators, and the broader community.

Open Campus DAO envisions a decentralized education system that promotes accessibility, diversity, and inclusivity. By leveraging blockchain technology and community-driven governance, the DAO aims to empower educators and learners, ensuring that high-quality education is accessible to everyone, regardless of geographical or financial barriers. The vision is to create an educational ecosystem that fosters innovation, transparency, and collaboration, ultimately transforming the way education is delivered and consumed globally.

Open Campus U, powered by KIP Protocol and the EDU Chain, is poised to revolutionize tertiary education. By integrating advanced AI features and blockchain technology, OCU provides:

The Open Campus Proposal process is a vital component of the Open Campus DAO, empowering the community to actively participate in shaping the future of the ecosystem. By understanding the submission process, proposal structure, and voting mechanisms, EDU token holders can effectively contribute to the growth and governance of the Open Campus Protocol.

If you’re ready to innovate on the EDU Chain and want to take advantage of the resources and opportunities offered by OC-I, now is the time to get started.

A fraudulent investment scheme that pays returns to investors using funds from new investors, ultimately unsustainable.

A manipulative scheme to artificially inflate the price of an asset through coordinated buying and then selling at a profit, harming other investors.

NFTs often used as avatars or profile pictures in online communities.

Games where players can earn cryptocurrency or NFTs through gameplay, potentially blurring the line between gaming and work.

In Solana, a "program" is essentially what other blockchain platforms refer to as smart contracts.

Acronyms for different consensus mechanisms used in blockchains

In some blockchains, the state where two or more nodes have the same copy of the ledger, ensuring network consistency.

A mining pool reward distribution method where miners are rewarded based on their contributed hashrate during the most recent N blocks.

A mining pool reward distribution method where miners receive a fixed reward for each valid share submitted, regardless of block discovery.

A blockchain with restricted access and participation, often used for enterprise applications requiring controlled environments.

A distributed ledger with restricted access and participation, similar to a permissioned blockchain.

A blockchain using a combination of Proof-of-Stake and Proof-of-Work consensus mechanisms, potentially leveraging the benefits of both.

A consensus mechanism where trusted entities validate transactions, used in permissioned blockchains.

A consensus mechanism where miners solve cryptographic puzzles to validate transactions and secure the network, requiring significant computational power.

The set of rules and procedures governing how a blockchain network operates.

Persistent Memory (PM) refers to a type of non-volatile memory that retains data even when power is lost, bridging the gap between traditional volatile memory (RAM) and long-term storage (hard drives or SSDs).

A blockchain with restricted access and participation, used for specific organizations or applications.

A blockchain with open access and participation, anyone can join and verify transactions.

A cryptographic key used to encrypt messages or verify signatures, paired with a private key for security.

Private Data Attestation leverages the cryptographic structure of Merkle Trees to selectively reveal specific data fields while safeguarding the privacy of the entire dataset.

Direct interaction between individuals without intermediaries, like in decentralized networks.

A Layer 2 scaling solution for Ethereum that uses sidechains to process transactions off-chain and commit them to the main chain in batches, aiming for scalability.

A collection of cryptocurrency or other digital assets held by an individual or organization.

An event where tokens are sold to certain individuals or groups before they are publicly available, often at a discounted price.

Cryptocurrencies with enhanced privacy features like mixing or zero-knowledge proofs, aiming to obfuscate transaction details.

A digital currency not issued by a central authority, similar to cryptocurrency but potentially with more restrictions.