Glossary
Here we are building a glossary to help you navigate and understand the world of crypto.
Polytrade ($TRADE)
Polytrade is a decentralized platform that aims to revolutionize the traditional trade finance industry.
Stacks ($STX)
Stacks is a decentralized network that aims to bring smart contracts and decentralized applications to Bitcoin.
Conflux ($CFX)
Conflux Network is a public blockchain system that can achieve high TPS (Transactions Per Second) without sacrificing decentralization or safety.
SingularityDAO ($SDAO)
SingularityDAO is the DeFi arm of the SingularityNET AI Ecosystem, designed to democratize access to the crypto economy.
Akash ($AKT)
Akash Network is a decentralized cloud computing marketplace that aims to disrupt the traditional cloud industry by providing a fast, efficient, and cost-effective solution for deploying applications.
Render ($RNDR)
Render Network aims to democratize GPU rendering through the power of blockchain technology.
Fetch.AI ($FET)
Fetch.AI aims to create a decentralized digital world where autonomous software agents perform tasks without human intervention.
SingularityNET ($AGIX)
SingularityNET is a decentralized, open-source protocol for a network of AI algorithms and models.
Ocean Protocol ($OCEAN)
Ocean Protocol is a decentralized data exchange protocol that aims to unlock data for AI.
AI assisted content
AI assisted content is transforming the digital landscape by enhancing creativity, streamlining workflows, and enabling the production of higher-quality content.
NGMI and WAGMI
NGMI stands for “Not Going to Make It.” On the other hand, WAGMI stands for “We’re All Going to Make It.”
GameFi
GameFi is a term that combines the worlds of gaming and decentralized finance (DeFi).
Maximal Extractable Value (MEV)
MEV refers to the maximum value a miner or validator can extract from manipulating transactions when producing a block on a blockchain network.
The Metaverse
The Metaverse is a universe of interconnected virtual communities where people can engage in real-time interactions and experiences.
Decentralized Autonomous Organizations (DAOs)
A DAO is an organization, but unlike traditional organizations, it operates in a decentralized manner, meaning that it is not limited by geography and operates beyond the control of any government.
Peer-to-Peer (P2P)
A peer-to-peer (P2P) service is a decentralized platform connecting buyers and sellers directly, allowing them to transact without intermediation from a third party.
Yield Farming
Yield farming is a decentralized process of putting digital assets to work at optimized platforms, often to earn passive income in free digital assets.
Money Market
The money market is a vital part of the financial world, serving several functions, including maintaining balance in the supply and demand of money and stimulating economic growth.
Decentralized Applications (DApps)
They are distributed, open-source applications that run on a blockchain network with smart contracting capabilities.
Centralized Exchange (CEX)
A CEX is a crypto trading platform owned and operated by a third party.
Candlestick Charts
Candlestick charts are a graphical representation of financial data, typically used to display the movement of prices over time.
Web 3.0
Web 3.0, the latest internet iteration, promises to revolutionize how we interact with and consume online content.
Byzantine Fault Tolerance (BFT)
Blockchain technology has revolutionized the way we think about digital transactions and data storage, but its creation was not without challenges
Blockchain Transmission Protocol (BTP)
A solution that allows for various blockchains with different algorithms and consensus mechanisms to become compatible
