Crypto: Concepts

What is a blockchain A blockchain is a shared digital ledger that records transactions across man...

What does decentralized mean Decentralized means that control, decision-making, and operations ar...

What is onchain and offchain Onchain means that an action, record, or computation is executed and...

What is a smart contract A smart contract is a program stored and executed on a blockchain. Once ...

What is Web3 Web3 is a collective term for the next generation of internet infrastructure built o...

What is a crypto wallet A crypto wallet is software or hardware that stores the cryptographic key...

What is a blockchain address A blockchain address is a unique string of characters that identifie...

What is a blockchain transaction A blockchain transaction is a signed instruction that changes th...

What are gas fees Gas fees are the cost of executing operations on a blockchain. Every on-chain a...

What is a blockchain explorer A blockchain explorer is a web-based tool that indexes, organizes, ...

What is a dApp A dApp (decentralized application) is software that interacts with a blockchain th...

What is an NFT NFT (Non-Fungible Token) is a unique digital token recorded on a blockchain that r...

What is DeFi DeFi (decentralized finance) is a category of financial applications built on blockc...

What is a DEX DEX (Decentralized Exchange) is an on-chain application that enables users to swap ...

What is Infra in crypto Infra (infrastructure) in the crypto and blockchain context refers to the...

What is DePIN DePIN (Decentralized Physical Infrastructure Networks) describes blockchain protoco...

What is RWA RWA (Real-World Assets) in the crypto context refers to the practice of representing ...

What is a meme token and meme category Meme in crypto refers to two related but distinct things: ...

What is SocialFi SocialFi (Social Finance) is a crypto domain that combines social media mechanic...

What is PayFi PayFi (Payment Finance) is a crypto domain that merges payment infrastructure with ...

What is DeSci DeSci (Decentralized Science) is a crypto domain that applies blockchain tools — to...

What is Gaming in crypto Gaming in crypto refers to blockchain-based games and gaming platforms —...

What is consumer crypto Consumer crypto refers to blockchain-based applications designed for end ...

What is a blockchain network A blockchain network is a distributed system of computers (nodes) th...

What is Ethereum Ethereum is a decentralized, open-source blockchain platform that enables develo...

What is Solana Solana is a high-throughput Layer 1 blockchain designed for speed and low transact...

What is BNB Smart Chain BNB Smart Chain (BSC) is an EVM-compatible Layer 1 blockchain network tha...

What is Base Base is an Ethereum Layer 2 (L2) blockchain network built by Coinbase using the Opti...

What is Arbitrum One Arbitrum One is an Ethereum Layer 2 (L2) blockchain network that uses optimi...

What is Polygon Polygon is a blockchain scaling ecosystem built around Ethereum. It provides a fa...

What is Avalanche Avalanche is a Layer-1 blockchain platform designed for high throughput, low la...

What is Bittensor Bittensor is a decentralized Layer-1 network purpose-built for artificial intel...

What is a Layer 1 (L1) blockchain A Layer 1 (L1) blockchain is the base-layer network that provid...

What is a Layer 2 (L2) blockchain A Layer 2 (L2) blockchain is a network built on top of a Layer ...

What is an appchain An appchain (application-specific blockchain) is a blockchain built to serve ...

What is the EVM The EVM (Ethereum Virtual Machine) is the computation engine that powers Ethereum...

What is a non-EVM blockchain A non-EVM blockchain is any blockchain that does not use the Ethereu...

What is a subnet A subnet (subnetwork) is an independent, purpose-built network that operates wit...

What is multichain and cross-chain Multichain describes a project that exists or operates on more...

What is a blockchain bridge A blockchain bridge is a protocol or system that enables the transfer...

What is a blockchain oracle A blockchain oracle is a service that supplies external data to smart...

What is RPC RPC (Remote Procedure Call) is a communication protocol that allows an application to...

What is privacy in crypto and AI Privacy in the context of crypto and AI refers to the ability to...

What is a TEE (Trusted Execution Environment) A Trusted Execution Environment (TEE) is a secure, ...

What is ZK (zero-knowledge) Zero-knowledge proofs (ZK proofs) are a cryptographic technique that ...

What is restaking Restaking is a mechanism that allows tokens already staked to secure one networ...

What is an AVS An AVS (Actively Validated Service) is a decentralized service that relies on a se...

What is MEV MEV (Maximal Extractable Value) is the profit that block producers — validators, mine...

What is a sequencer A sequencer is the component in a Layer 2 (L2) network responsible for receiv...

What is a GPU in crypto AI A GPU (Graphics Processing Unit) is a processor originally designed fo...