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Blockchain & Crypto Glossary
BandChain is the name of the main network that allows the Band Protocol oracle system to operate. The BandChain allows entities to request data from application programming interfaces (APIs)..
The Bancor network token (BNT) is the default reserve currency that powers the Bancor protocol. The Bancor network is a decentralized exchange (DEX) platform that uses pools of tokens called..
Balancer is a non-custodial portfolio manager and automated market maker (AMM) built on Ethereum that pools up to eight different tokens for users to trade. These Balancer pools are..
On the Ripple network, balance freeze is the function through which Ripple gateways freeze or halt transactions in order to prevent any abuse of the system for illicit activity..
The BAL token is the governance token for the Balancer protocol. BAL tokens are earned by liquidity providers who supply tokens to Balancer pools. BAL holders can propose and vote on changes..
Akin to the process of staking in many Proof-of-Stake models, baking is the process of adding new blocks to the Tezos blockchain. The baking process involves adding, signing, and verifying..
On the Tezos network, Bakers are nodes with the responsibility of producing new blocks, and are incentivized for their work with rewards in XTZ. Bakers are Tezos community members who..
Baiting is a form of social engineering that exploits victims with false promises of financial gain. Malicious actors, bots, or online ads 'bait' victims with quick payouts and riches..
Bag is a slang term that refers to particular crypto asset holding — typically referring to a higher-than-average quantity of the asset. While there is no specific universal threshold..
Backwards compatibility is a characteristic of software that means updates to the software do not make old versions of the software unusable.
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