Crypto: Concepts

What is a validator A validator is a network participant that verifies transactions, proposes new...

What is a blockchain node A node is a computer that runs a blockchain's software, maintains a cop...

What is consensus in blockchain Consensus is the process by which all participants in a blockchai...

What is Proof of Stake (PoS) Proof of Stake (PoS) is a consensus mechanism in which participants ...

What is Proof of Work (PoW) Proof of Work (PoW) is a consensus mechanism in which participants ca...

What is Delegated Proof of Stake (DPoS) Delegated Proof of Stake (DPoS) is a consensus mechanism ...

What is Proof of Staked Authority (PoSA) Proof of Staked Authority (PoSA) is a consensus mechanis...

What is slashing Slashing is a penalty mechanism in Proof of Stake (PoS) blockchain networks that...

What are mainnet, testnet, and beta Every blockchain network and crypto project goes through stag...

What do active, in development, and migration mean The Project status field in a DecAIHub project...

What is a token standard A token standard is a set of technical rules that defines how a token be...

What is a token model A token model describes the role that a token plays within a project's ecos...

What is ERC-20 ERC-20 is the most widely adopted token standard on the Ethereum blockchain. It de...

What is BEP-20 BEP-20 is the token standard used on BNB Smart Chain (BSC) — the EVM-compatible bl...

What is SPL SPL stands for Solana Program Library — a collection of on-chain programs (smart cont...

What is a native token A native token is the built-in currency of a blockchain network -- the tok...

What is a utility token A utility token is a crypto token whose primary purpose is to provide acc...

What is a governance token A governance token is a crypto token that gives its holder the right t...

What is a fee mechanism A fee mechanism is a token model in which the native token is used to pay...

What is staking Staking is a token model in which holders lock their tokens in a protocol to part...

What does no token mean No token means that a project operates without issuing its own native cry...

What is tokenomics Tokenomics (token + economics) is the study and design of the economic rules g...

What is max supply Max supply is the absolute upper limit on the total number of tokens that can ...

What is token emission Token emission is the process by which new tokens are created and introduc...

What is an inflationary token An inflationary token is a cryptocurrency whose total supply increa...

What is token burn Token burn is the permanent, irreversible removal of tokens from circulation. ...

What is token vesting Token vesting is a mechanism that restricts when allocated tokens become av...

What is a protocol treasury A protocol treasury is a pool of tokens or other assets controlled by...

What is attestation An attestation is a signed statement that confirms something specific about a...

What is identity in crypto Identity in crypto refers to the set of mechanisms that allow an entit...

What is a DAO A DAO (Decentralized Autonomous Organization) is an organizational structure govern...

What is a multisig wallet A multisig wallet (short for multi-signature wallet) is a cryptocurrenc...

What is a timelock A timelock is a mechanism built into a smart contract that enforces a mandator...

What are admin keys Admin keys are the cryptographic keys (or the addresses they control) that ha...

What is a smart contract audit A smart contract audit is a systematic, third-party review of a sm...

What is a bug bounty A bug bounty is a program in which a project offers financial rewards to ind...

Crypto knowledge map This page links all DecAIHub crypto explainers and shows how they connect. U...