Glossary
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Consensus Mechanisms
What Is A Consensus Mechanism? Consensus is when a general agreement is reached. In reference to blockchains, consensus mechanisms are fault-tolerant systems…
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Proof-of-Stake (PoS)
What Is Proof-of-Stake (PoS)? Proof-of-Stake (PoS) is a set of consensus mechanisms built to process transactions on a blockchain. A validator is…
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Decentralized Autonomous Organizations (DAOs)
What Are DAOs? A Decentralized Autonomous Organization (DAO) is an organization that is owned and managed by its own members, without the…
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Application Layer Protocols
Any sustainable system requires the ability to adapt to changes. A blockchain protocol is a critical part of any distributed ledger, facilitating…
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Central Bank Digital Currencies (CBDCs)
What Is A Central Bank Digital Currency (CBDC)? A central bank digital currency (CBDC) is a virtual currency backed by a country’s…
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ERC-721 NFT Standard
What Is An NFT? Non-Fungible Tokens (NFTs) are digital assets based on a blockchain and are linked with distinctive codes and metadata…
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ERC-20 Token Standard
Not all cryptocurrencies have their own blockchain. Rather there are some that run on top of a blockchain, these are called tokens.…
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Fractionalized NFTs (F-NFTs)
What Are Fractionalized NFTs? Fractionalized NFTs are NFTs that are divided into smaller fractions. This allows for split ownership of a single…
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Distributed Ledger Technology (DLT)
What Is Distributed Ledger Technology (DLT)? A distributed ledger is an agreement of replicated, shared, and synchronized digital data spread across multiple sites,…
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Blockchain Protocol
What Is A Blockchain Protocol? A protocol is a system of rules that allows two or more entities of a communications system to transmit information. Some internet…