Blockchain & Cryptocurrency Glossary

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A model of blockchain or decentralized application (dApp) governance where any individual or entity, typically by holding the native governance token, can participate in decision-making processes…...

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The ability for any user to list a new token or trading pair on a decentralized exchange (DEX) or NFT marketplace without requiring approval from a central authority or the platform operators. This…...

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A decentralized finance (DeFi) protocol that enables the trading of perpetual contracts (also known as perpetual swaps). These are derivative instruments similar to futures contracts but without an…...

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A type of Non-Fungible Token (NFT) designed to be used as a social media profile picture or online avatar. These are typically part of a collection of unique, algorithmically generated characters or…...

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A social engineering attack specifically targeting cryptocurrency users to fraudulently obtain private keys, seed phrases, passwords, or approval permissions through deceptive websites, applications…...

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A hybrid asset class that pairs a physical item with a corresponding non-fungible token, creating cryptographically verified ownership and provenance for tangible objects. Phygital NFTs use…...

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The process of representing tangible real-world items as blockchain-based digital tokens, creating verifiable ownership, provenance, and transferability for physical goods through cryptographic…...

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PKI

Abbreviation for Public Key Infrastructure. The framework of policies, standards, and software that governs the use of public key cryptography and digital certificates....

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The original, unencrypted, and readable form of data before encryption or after decryption. In cryptographic contexts, plaintext refers to any data in its original form that may need protection…...

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A Layer 2 scaling framework that uses a system of 'child chains' (Plasma chains) anchored to a main Layer 1 blockchain (typically Ethereum). Plasma chains process transactions off-chain and…...

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A governance system in blockchain protocols where voting power is directly proportional to token holdings or financial stake, allowing wealthy participants to have greater influence over decisions.…...

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The native smart contract language and platform for the Cardano blockchain. Plutus is based on Haskell, a functional programming language, and is designed to enable the development of secure and…...

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PoA

Abbreviation for Proof-of-Authority. A consensus mechanism where known, reputable entities are authorized to validate transactions and create blocks....

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PoB

Abbreviation for Proof-of-Burn. A consensus mechanism where participants destroy cryptocurrency to earn the right to mine or validate blocks....

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An abbreviation for Proof-of-Bandwidth, indicating the same protocol for verifying network throughput commitments by nodes....

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PoBel is the acronym for Proof of Believability, a hybrid consensus mechanism that combines elements of reputation systems and proof of stake to achieve both high transaction throughput and security…...

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PoC

Abbreviation for Proof-of-Capacity (also known as Proof-of-Space). A consensus mechanism that uses hard drive storage space as the mining resource....

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An abbreviation for Proof-of-Computation-over-Data, denoting the same verifiable computing protocol for proving correct data processing....

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A technology standard that enables both electrical power and data to be transmitted over standard Ethernet cables, allowing blockchain mining equipment, validators, and node infrastructure to receive…...

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Abbreviation for Proof-of-Elapsed-Time. A consensus algorithm that uses a trusted execution environment to elect block creators based on random wait times....

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A multi-chain network protocol that enables specialized blockchains to interconnect and share security, creating an interoperable ecosystem of parachains with shared security and cross-chain…...

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A multi-purpose Ethereum scaling platform that develops and connects Ethereum-compatible blockchain networks, offering various scaling solutions including sidechains, zkEVM, and optimistic rollups.…...

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A sidechain scaling solution for Ethereum that uses Proof of Stake consensus to provide faster transactions and lower fees while maintaining a connection to Ethereum mainnet through a checkpoint…...

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A percentage or fixed amount deducted from mining or staking rewards by pool operators as compensation for providing and maintaining the infrastructure that enables collective participation in…...

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PoS

Abbreviation for Proof-of-Stake. A consensus mechanism where block validation rights are typically allocated based on the amount of cryptocurrency held and staked....

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Abbreviation for Proof-of-Space and Time. A consensus mechanism combining storage allocation (Proof-of-Space) with verifiable time delays (Proof-of-Time)....

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A structured analysis process conducted after a security breach, smart contract exploit, or technical failure in blockchain systems to identify root causes, document the incident timeline, and…...

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A specialized trading order type that ensures a transaction only executes if it adds liquidity to the order book rather than taking existing liquidity. Post-only orders allow cryptocurrency traders…...

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Cryptographic algorithms designed to remain secure against attacks by quantum computers, which could break many current cryptographic systems. Post-quantum cryptography aims to develop and…...

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An abbreviation for Proof-of-Stake Velocity, indicating the same consensus mechanism that factors both stake size and token activity....

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An abbreviation for Proof-of-Trust, denoting the same reputation-based mechanism for establishing node reliability....

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An abbreviation for Proof-of-Useful Work, indicating the same protocol that ties consensus work to externally beneficial computations....

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PoV

Abbreviation that can stand for Proof of Validation. It refers generally to the process or evidence of validating transactions or blocks within a blockchain network, often associated with the role of…...

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PoW

Abbreviation for Proof-of-Work. A consensus mechanism requiring computational effort to validate transactions and create new blocks....

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Abbreviation for Proof-of-Weight. A category of consensus algorithms where a participant's influence is proportional to some quantifiable 'weight'....

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A hardware device that distributes electrical power to multiple components in a data center or mining facility, often providing monitoring, remote switching, and surge protection....

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A component that converts AC mains electricity into regulated DC voltages required by computing hardware, providing stable power to motherboards, GPUs, and storage devices....

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PoX

PoX is the acronym for Proof of Transfer, a consensus mechanism that enables a blockchain to leverage the security of an established proof-of-work blockchain (typically Bitcoin) without requiring…...

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PBFT is a BFT consensus algorithm optimized for real‑world performance in small‐to‐medium permissioned networks, achieving finality in three communication phases....

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A decentralized platform where users trade tokens that represent the potential outcomes of future events. The market price of an outcome token reflects the collective probability assigned by…...

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A property of cryptographic hash functions meaning that given a hash output, it is computationally infeasible to find any input message that hashes to that specific output. This is essentially the '…...

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A token sale event open to a limited group—often early community members—prior to the main public offering, usually at a preferential rate....

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The process by which markets determine the price of an asset through supply and demand interactions, order book dynamics, and trader behavior....

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A service that collects price data from multiple sources—exchanges, on‑chain feeds—and computes a consolidated value (e.g., median, weighted average) for use by smart contracts....

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The effect a trade has on the market price of an asset, measured as the difference between expected execution price and pre‑trade mid‑price, often due to liquidity consumption....

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On‑chain contracts that record regularly updated external price data—typically via oracle networks—so that smart contracts can reference trusted asset valuations....

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A direct payment from a transaction sender to the block producer (miner or validator) as an incentive to include their transaction earlier in a block. Priority fees function alongside base fees in…...

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A blockchain network where visibility and participation are restricted to a defined group of participants, with access controlled by a central entity or consortium that determines who can read the…...

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A Decentralized Identifier whose document and metadata are stored encrypted or off‑ledger, accessible only to authorized parties, enhancing privacy over public DIDs....

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A secret cryptographic value that gives its holder exclusive control over associated blockchain assets and the ability to create digital signatures. The private key is mathematically linked to a…...

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