Essential terminology definitions across blockchain architecture, decentralized finance, derivatives, and cryptographic primitives.
A set of protocols and tools that allows software applications to communicate with exchange order books, node data, or external data feeds.
A leading Ethereum Layer-2 optimistic rollup scaling solution that increases transaction throughput while minimizing Gwei execution fees.
Custom microchip hardware designed exclusively for solving Proof-of-Work cryptographic hashing algorithms like Bitcoin SHA-256.
A programmed protocol event occurring every 210,000 blocks (roughly 4 years) that cuts the new block reward issued to Bitcoin miners by 50%.
The newly minted cryptocurrency awarded to a miner or validator for successfully adding a block to the blockchain, distinct from transaction fees.
An investment strategy of buying a fixed dollar amount of a crypto asset at regular intervals regardless of price fluctuations to lower average entry cost.
Financial applications built on smart contract blockchains enabling lending, borrowing, trading, and yield generation without central intermediaries.
The temporary loss of value experienced by automated market maker (AMM) liquidity providers when token price ratios diverge from deposit time.
The maximum value miners or validators can extract from block production by reordering, inserting, or censoring transactions.
A cryptographic method where one party can prove to another party that a statement is true without revealing any underlying information beyond its validity.